Conditions Expenses Clause Samples

The "Conditions Expenses" clause defines which party is responsible for covering costs associated with fulfilling certain conditions outlined in an agreement. Typically, this clause specifies whether the buyer, seller, or both must pay for expenses such as inspections, regulatory approvals, or third-party reports required before a transaction can proceed. By clearly allocating responsibility for these costs, the clause helps prevent disputes and ensures that all parties understand their financial obligations related to meeting contractual conditions.
Conditions Expenses. The following General Conditions expenses, which shall be clearly identified as individual line items in the GMP proposal, are reimbursable subject to the Owner’s approval prior to any incurred expenditure:
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Conditions Expenses. Each of IDC and Lyneer Investments agree that they shall be severally and jointly liable to reimburse each of PBC Lyneer, Management Holdings and the Administrative Agent, for their respective legal fees and expenses relating to the preparation, negotiation and agreement of this Second Amendment and any future amendments to any of the Seller Note, the Earn-Out Notes or the MIPA. This Second Amendment shall become effective as of the first date (the “Effective Date”) when the Administrative Agent shall have been paid $19,500 (representing all reasonable out-of-pocket costs, fees and expenses of counsel to the Administrative Agent) owing to it pursuant to the terms of the Amendment and this Second Amendment.
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Related to Conditions Expenses

  • Landlord’s Expenses In the event Tenant shall assign this Lease or sublet the Premises or request the consent of Landlord to any Transfer, then Tenant shall pay Landlord's reasonable costs and expenses incurred in connection therewith, including, but not limited to, attorneys', architects', accountants', engineers' or other consultants' fees.

  • Costs, Expenses Each party hereto shall bear its own costs in connection with the preparation, execution and delivery of this Agreement.

  • Buyer’s Expenses Buyer agrees to pay all expenses incident to any purchase money loan (e.g. Loan commitment fees, preparation of note, mortgage, and other loan documents, recording fees, prepaid interest and credit reports) and any fees for endorsements to the Title Policy requested by Buyer. The insured closing fee, and the disclosure of sales information form will be split equally between Seller and Buyer.

  • Owner’s Expenses Except as otherwise specifically provided, all costs and expenses incurred hereunder by Manager in fulfilling its duties to Owner shall be for the account of and on behalf of Owner. Such costs and expenses shall include the wages and salaries and other employee-related expenses of all on-site and off-site employees of Manager who are engaged in the operation, management, maintenance and leasing or access control of the Properties, including taxes, insurance and benefits relating to such employees, and legal, travel and other out-of-pocket expenses that are directly related to the management of specific Properties. All costs and expenses for which Owner is responsible under this Management Agreement shall be paid by Manager out of the Account. In the event the Account does not contain sufficient funds to pay all said expenses, Owner shall fund all sums necessary to meet such additional costs and expenses.

  • Tenant’s Reimbursement Except as may be specifically provided to the contrary in this Lease, Tenant shall pay to Landlord, upon delivery by Landlord to Tenant of statements therefor: (i) sums equal to expenditures reasonably made and obligations incurred by Landlord in connection with the remedying by Landlord of Tenant’s defaults pursuant to the provisions of Section 26.1; (ii) sums equal to all losses, costs, liabilities, damages and expenses referred to in Article 10 of this Lease; and (iii) sums equal to all expenditures made and obligations incurred by Landlord in collecting or attempting to collect the Rent or in enforcing or attempting to enforce any rights of Landlord under this Lease or pursuant to law, including, without limitation, all reasonable legal fees and other amounts so expended. Tenant’s obligations under this Section 26.2 shall survive the expiration or sooner termination of the Lease Term.