EXPENSES AND CHARGES Clause Samples

The "Expenses and Charges" clause defines which party is responsible for paying various costs and fees associated with the agreement. Typically, it outlines whether each party will bear its own expenses or if certain charges, such as administrative fees, legal costs, or third-party service fees, will be reimbursed by one party to the other. This clause ensures clarity regarding financial obligations, preventing disputes over who must pay for specific costs incurred during the performance of the contract.
EXPENSES AND CHARGES. [Clause 3.3] [If there are no such expenses or charges, write ‘NIL’ on each line] Services Estimate $ When due and payable Those services and amounts cannot be varied except with the agreement in writing of the Principal.
EXPENSES AND CHARGES. If Employee incurs any out-of-pocket expenses in performing his responsibilities and duties as President of Employer (the "Duties"), Employer will reimburse Employee for such expenses only to the extent, and in the amounts and at the times, in accordance with Employer's expense policies in effect from time to time (the "Expense Policy"). Employer reserves the right, in it's sole discretion, to modify, supplement, replace or cancel any or all provisions in the Expense Policy without advance notice to Employee.
EXPENSES AND CHARGES. The Tenant undertakes to pay an amount equal to EUR ... to cover his/her share of expenses and utility charges (electricity, water, W i - Fi , and gas); this amount shall be transferred to the Institute at the same time as the monthly rent.
EXPENSES AND CHARGES. D.1 Government and other imposts as charged. D.2 An ESTIMATE of the expenses or charges the Agent expects to incur and for which the Licensee is entitled under the Agreement to be reimbursed is as follows:
EXPENSES AND CHARGES. The Tenant undertakes to pay an amount equal to EUR to cover their share of expenses and utility charges (electricity, water, Wi-Fi, and gas); this amount shall be transferred to the Institute at the same time as the monthly rent. In case of a variation of more or less than 20% in the gas and electricity tariffs, the EUI reserves the right to recalculate the fees for the common services in writing for new and ongoing contracts.
EXPENSES AND CHARGES. All expenses, costs and charges, including those of a fiscal nature, related to the transfer of the Olimpia UCI Holding and of the Olimpia BCI Holding will be borne half by UCI and BCI, and the other half by Pirelli.
EXPENSES AND CHARGES. [Clause 3.3] [If there are no such expenses or charges, write ‘NIL’ on each line]
EXPENSES AND CHARGES. You may be obligated to pay additional expenses and charges you incur under this Agreement. Those potential expenses and charges are limited to the following: Attorneys’ Expenses.1
EXPENSES AND CHARGES. (a) The Borrower shall pay to the Bank a commitment fee in Dollars computed at the rate of 0.3125% per annum on the daily undrawn Dollar amount of the Commitment as of the close of business of the day in respect of the period commencing on the date hereof and up to the last day of the Revolving Credit Period as amended or extended. The accrued commitment fee shall be payable in arrears on the last day of March and September in each year, and the last day of the Revolving Credit Period as amended or extended. The commitment fee shall accrue from day to day and be calculated on the basis of a year of three hundred and sixty (360) days and for the actual number of days elapsed. (b) The Borrower shall upon demand reimburse the Bank, for its own account, for all reasonable out-of-pocket costs and expenses incurred by the Bank in connection with the negotiation, preparation and execution of this Agreement and any other certificate, instrument or agreement delivered or to be delivered hereunder, including but not limited to, fees, expenses and disbursements of legal counsel for the Bank incurred in the negotiation and preparation of this Agreement. (c) The Borrower shall upon demand also reimburse the Bank, for its own account, for all reasonable charges and expenses, including but not limited to, fees, expenses and disbursements of legal counsel for the Bank, incurred in connection with the enforcement of or the preservation of, any rights under this Agreement following any default hereunder and any other certificate, instrument or agreement delivered or to be delivered hereunder. (d) The Borrower shall pay or indemnify the Bank against any and all stamp, documentary, registration and other transaction duties, taxes or charges (if any) imposed by any governmental authorities to which this Agreement or any other certificate, instrument or agreement delivered or to be delivered hereunder may be subject or give rise or which may be payable or determined to be payable in connection with the execution, delivery, performance or enforcement of this Agreement and any other certificate, instrument or agreement delivered or to be delivered hereunder. The Borrower shall indemnify the Bank also against any and all liabilities directly resulting from delay or omission on the part of the Borrower to pay such duties, taxes or charges.
EXPENSES AND CHARGES. Manager will deduct from Gross Owner’s Revenue (as defined in Exhibit E) certain expenses incurred in connection with the participation of the Unit in the Rental Management Program including Commissions and Hotel Expenses (as such terms are defined in Exhibit E) allocable to the Unit and the Base Fee. Manager may, in its discretion, also deduct from the Gross Owner’s Revenue, the Refurbishment Reserve, Taxes and Assessments and Unit Owner Expenses (as defined in Exhibit E) payable by Owner pursuant to this Agreement (“Expenses and Charges”), to the extent such expenses are not paid directly by Owner. In the alternative, Manager may elect to ▇▇▇▇ Owner for such Expenses and Charges. Owner will be required to pay increases in the Expenses and Charges for those services provided by Manager, as the Expenses and Charges may be modified from time to time by Manager. Owner agrees to accept all modifications to such Expenses and Charges; provided, however, that the Expenses and Charges for services provided by Manager may not be increased by Manager in any year by an amount in excess of the greater of (x) the percentage increase in the Consumer Price Index or such other nationally recognized price index as may be selected by Manager in its sole discretion or (y) any increase in Manager’s actual costs and expenses of providing the applicable service(s). Manager shall not have the right to revise the percentage split of Net Rental Income as the basis for the Manager’s Base Fee during the term of this Agreement without the written consent of Owner