Fees and Operating Expenses Sample Clauses

Fees and Operating Expenses. The Agent shall have received, for its and the Co-Lenders' account as applicable, all Transaction Costs, the Facility Fee, the Fees and other fees and expenses due and payable hereunder on or before the Closing Date, including, without limitation, the costs of all engineering, environmental and real property appraisal reports required to be delivered hereunder, and the fees and expenses accrued through the Closing Date, of counsel retained by the Agent and the Co-Lenders.
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Fees and Operating Expenses. Lender shall have received, for its account, all agreed upon fees due and payable hereunder on or before the Closing Date.
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Fees and Operating Expenses. (a) The Borrower shall, on or before the Drawdown of the Facility, pay to the Lender processing/service fee calculated at the rate provided in Schedule I (S.No.21) to this Agreement, on the amount of the Facility sanctioned by the Lender along-with applicable service tax. The processing/service fee shall be non-refundable and in the event the Facility has not been drawn down, the Borrower shall still be required to pay such processing/service fee to the Lender. The Lender shall be entitled to recover the non-refundable processing fees/service charge by way of deduction from the Drawdown. (b) The Borrower shall be liable to pay all fee and charges mentioned in sanction letter and schedule. (c) The Borrower shall, on or before after if specified by the lender the disbursement of the Facility by the Lender Version August 2021 [4] bear, pay and reimburse to the Lender all cost (including costs of legal counsel/advisors and legal recourse adopted, travelling, lodging and boarding of representatives of the Lender), fee, charges (including stamp duty, legal and valuation charges and registration charges) and increaed costs expenses incurred and/or to be incurred by the Lender, on a full indemnity basis: in connection with the Facility. (d) If at any time hereafter it is found or required that any extra stamp duty is payable on this Agreement and/or if it is ascertained that stamp duty at a rate higher than the duty presently paid on this Agreement is payable/ required to be paid, then the Borrower shall immediately pay the same with penalty (if any) and keep the Lender indemnified and save harmless at all times from the payment thereof. (e) All amounts payable by the Borrower to the Lender under this clause shall be reimbursed by the Borrower to the Lender within 7 (seven) days from the date of notice of demand from the Lender and shall be debited to the Facility account maintained with a bank approved by the Lender and shall carry interest at the same rate as payable on the Facility from the date of payment till actual payment.
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Fees and Operating Expenses. The Borrower shall, on or before the disbursement of the Facility, pay to the Non-Bank Financial Institution as and by way of service fees and expenses an amount calculated at the rate stated in Schedule I on the amount of the Facility sanctioned by the Non-Bank Financial Institution. Such service fee shall be non -refundable and would be payable to the Non-Bank Financial Institution whether or not the Facility has been drawn down/ set or availed/utilised by the Borrower. The Borrower shall also pay on the first day of the Month of each anniversary of this Agreement recurring annual service fee calculated at the rate stated in the Schedule I on the amount of the Credit Line which has been sanctioned. The Non-Bank Financial Institution shall be entitled to debit the amount of the recurring annual service fee to the Current Account of the Borrower on the date of charging the annual fee.
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Fees and Operating Expenses. The Syndication Agent shall have --------------------------- received, for its and the Co-Lenders' account as applicable, all Transaction Costs, the Fees and other fees and expenses due and payable hereunder on or before the Closing Date, including, without limitation, the reasonable costs of all engineering, environmental and real property appraisal reports required to be delivered hereunder, if any, and the reasonable fees and expenses accrued through the Closing Date, of counsel retained by the Syndication Agent.
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Fees and Operating Expenses. Lender shall have received, for its account, all fees and expenses due and payable pursuant to the Syndication Letter on or before the Closing Date.
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Fees and Operating Expenses. The Borrower shall, on or before the disbursement of the Facility, pay to the Lender by way of processing / service fee, (prepayment charges, processing charges etc.) as mentioned in the Sanction Letter enclosed herewith hereto an amount calculated at the rate provided in the Sanction Letter enclosed herewith on the amount of the Facility sanctioned by the Lender. The processing / service fee shall be non-refundable and in the event the Facility has not been drawn down, the Borrower shall still be required to pay such processing/service fee to the Lender.
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Related to Fees and Operating Expenses

  • Rent and Operating Expenses Section 4.1 Basic Rent Section 4.2 Operating Expenses Section 4.3

  • Limit on Operating Expenses The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

  • Operating Costs Tenant shall pay to Landlord the Tenant’s Percentage of Operating Costs (as hereinafter defined) incurred by Landlord in any calendar year. Tenant shall remit to Landlord, on the first day of each calendar month, estimated payments on account of Operating Costs, such monthly amounts to be sufficient to provide Landlord, by the end of the calendar year, a sum equal to the Operating Costs, as reasonably estimated by Landlord from time to time. The initial monthly estimated payments shall be in an amount equal to 1/12th of the Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year. If, at the expiration of the year in respect of which monthly installments of Operating Costs shall have been made as aforesaid, the total of such monthly remittances is greater than the actual Operating Costs for such year, Landlord shall promptly pay to Tenant, or credit against the next accruing payments to be made by Tenant pursuant to this subsection 4.2.3, the difference; if the total of such remittances is less than the Operating Costs for such year, Tenant shall pay the difference to Landlord within twenty (20) days from the date Landlord shall furnish to Tenant an itemized statement of the Operating Costs, prepared, allocated and computed in accordance with generally accepted accounting principles. Any reimbursement for Operating Costs due and payable by Tenant with respect to periods of less than twelve (12) months shall be equitably prorated.

  • Operating Expenses During the term of this Lease Tenant shall pay to Landlord as additional rent all ad valorem taxes and operating expenses and other charges of every kind and nature (“Operating Expenses”) incurred or paid by Landlord in connection with the maintenance, repair, operation, management, or ownership of the Premises. If requested, Tenant agrees to pay Landlord on the first day of each calendar month, together with the payment of rent, such amount as Landlord estimates from time to time as necessary to pay such expenses. Landlord shall ▇▇▇▇ Tenant annually after the end of each year for such expenses. In the event the aggregate of Tenant’s installments during the year shall be less than the amount of Operating Expenses due from Tenant, such deficiency shall be paid to Landlord within ten (10) days after demand therefore. In the event the aggregate of Tenant’s installments during the year shall be more than the amount of Operating Expenses due from Tenant, such overpayment shall be applied to Tenant’s next monthly installment of Operating Expenses and Rent. As used herein, the term “Operating Expenses” shall include the cost of maintaining casualty and public liability insurance covering the Premises, real estate ad valorem taxes and all costs of managing, operating and maintaining the Premises, including but not limited to: costs of constructing, maintaining and repairing on site and off-site traffic controls; decorating, painting, lighting, sanitary control, and removal of trash, garbage and other refuse; maintenance, repair and replacement of utility systems serving any common areas, including water, sanitary sewer and storm water lines and other utility lines, pipes and conduits; costs of utilities, including water, sewer, electricity, and gas; janitorial, sweeping and cleaning services, trash bin rentals, trash pickup fees, licenses, permits and inspection fees; parking lot painting and restriping; planting, irrigating, gardening and landscaping; signs and markers; parking control and security guards and fire protection or detection service; all general maintenance and repair; other general operation and maintenance costs and expenses; all labor and supplies required by the foregoing; and administrative costs directly attributable thereto.

  • Total Operating Expenses All costs and expenses paid or incurred by the Company, as determined under GAAP, that are in any way related to the operation of the Company or its business, including the Advisory Fee, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and taxes incurred in connection with the issuance, distribution, transfer and registration of securities, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines; (vi) acquisition fees and Acquisition Expenses, (vii) real estate commissions on the sale of Real Property, and (viii) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgages or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair, and improvement of property). The definition of “Total Operating Expenses” set forth above is intended to encompass only those expenses which are required to be treated as Total Operating Expenses under the NASAA REIT Guidelines. As a result, and notwithstanding the definition set forth above, any expense of the Company which is not part of Total Operating Expenses under the NASAA REIT Guidelines shall not be treated as part of Total Operating Expenses for purposes hereof. 2%/25% Guidelines. 2%/25% Guidelines shall have the meaning set forth in Section 13.