Common use of Costs and Expenses of Lessor Clause in Contracts

Costs and Expenses of Lessor. To the extent permitted by law, the Lessee shall pay to the Disbursing Agent, on behalf of Lessor, in addition to the Lease Payments payable by Lessee hereunder, such amounts in each year as shall be required by Lessor in payment of any reasonable costs and expenses incurred by Lessor in connection with the administration, modification and enforcement of this Lease, including but not limited to payment of all reasonable fees, costs and expenses and all administrative costs of the Lessor and the Disbursing Agent in connection with the Project, expenses (including, without limitation, attorneys' fees and disbursements), fees of auditors or attorneys, insurance premiums not otherwise paid hereunder and all other direct and necessary administrative costs of the Lessor and the Disbursing Agent or charges required to be paid by them in order to enforce their rights under, this Lease. Such costs and expenses shall be billed to the Lessee by the Lessor from time to time, together with a statement certifying that the amount so billed has been paid by the Lessor for one or more of the items above described, or that such amount is then payable by the Lessor for such items. Amounts so billed shall be due and payable by the Lessee within 30 days after receipt of the bill by the Lessee and shall be treated as Additional Rent hereunder, except that ▇▇▇▇▇▇ will have 30 days instead of 15 days to effect payment thereof.

Appears in 3 contracts

Sources: Lease Agreement, Lease Agreement, Lease Agreement

Costs and Expenses of Lessor. To the extent permitted by law, the Lessee shall pay to the Disbursing Agent, on behalf of the Lessor, in addition to the Lease Payments payable by the Lessee hereunder, such amounts in each year as shall be required by the Lessor in payment of any reasonable costs and expenses incurred by the Lessor in connection with the administration, modification modification, and enforcement of this Lease, including but not limited to payment of all reasonable fees, costs costs, and expenses and all administrative costs of the Lessor and the Disbursing Agent in connection with the Project, expenses (including, without limitation, including attorneys' fees and disbursements), fees of auditors or attorneys, insurance premiums not otherwise paid hereunder hereunder, and all other direct and necessary administrative costs of the Lessor and the Disbursing Agent or charges required to be paid by them in order to enforce their rights under, this Lease. Such costs and expenses shall be billed to the Lessee by the Lessor from time to time, together with a statement certifying that the amount so billed has been paid by the Lessor for one or more of the items above described, or that such amount is then payable by the Lessor for such items. Amounts so billed shall be due and payable by the Lessee within 30 thirty days after receipt of the bill by the Lessee and shall be treated as Additional Rent hereunder, except that ▇▇▇▇▇▇ the Lessee will have 30 thirty days instead of 15 fifteen days to effect payment thereof.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement