Security expenses Sample Clauses
The 'Security expenses' clause defines which party is responsible for the costs associated with providing security services or measures under an agreement. This may include expenses for security personnel, surveillance systems, access control, or other protective measures required at a site or during an event. By clearly allocating responsibility for these costs, the clause helps prevent disputes and ensures that both parties understand their financial obligations regarding security.
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Security expenses. During the Employment Period, the 190 Company shall pay or promptly reimburse the Founder for (1) all in-‐ 191 stallation and maintenance costs and monitoring fees relating to se-‐ 192 curity at the Founder’s residences and (2) all expenses relating to 193 personal security services for the Founder.
Security expenses. The Borrower shall promptly on demand pay the Lender the amount of all costs and expenses (including legal fees) reasonably incurred by it in connection with the administration or release of any Security created pursuant to any Security Document.
Security expenses. Reserve for renewal, replacement and capital improvements of ten (10%) percent of annual expenses excluding the reserve for renewal and replacement. All of the above expenses stated in Section 3(B)(I) through (4), along with any other expenses, are subject to the provisions of Section 3(C) below. The costs to be shared on a pro rata basis by LESSEE shall not include payments of principal and interest on any mortgage or deed of trust upon the buildings, the cost of capital improvements in excess of reserves for such and the costs of improvements made for particular tenants. LESSOR does not warrant that any of the services above mentioned will be free from interruptions caused by repairs, renewal, improvement, alterations, strikes, lockouts, accidents, inability of LESSOR to obtain fuel or supplies or any other causes or causes beyond the reasonable control of LESSOR. Any such interruption of service shall never be deemed an eviction or disturbance of LESSEE'S use and possession of the premises or any part thereof or render the LESSOR liable to the LESSEE for damages or relieve the LESSEE from performance of the LESSEE'S obligations under this Lease, provided that LESSOR will make, at all times, reasonable efforts to promptly remedy any situation which might interrupt such services.
Security expenses. The Company shall engage a professional security consultant, which consultant shall be mutually acceptable to both the Company and Executive (the “Security Consultant”), to perform an assessment of Executive’s personal security considerations and needs in connection with Executive’s role as Chief Executive Officer of the Company. The Compensation Committee shall review the Security Consultant’s assessment and determine, in its good faith discretion, any reasonable security enhancements to be implemented with respect to Executive. Furthermore, Executive shall be entitled to receive data security consulting services and related equipment in connection with Executive’s use of electronic Company equipment.
Security expenses. The Company shall promptly, and in any event within three Business Days of presentation of an invoice, pay the Bank the amount of all documented costs and expenses (including legal fees) reasonably incurred by the Bank in connection with the entry into, the administration or the release of any Security created pursuant to any Security Document.
Security expenses. The Borrower shall, within three Business Days of demand, pay the Lender the amount of all costs and expenses (including legal fees) reasonably incurred by it in connection with the administration or release of any Security created pursuant to any Security Document.
Security expenses. The Borrower shall, within five Business Days of demand, pay the Security Agent the amount of all costs and expenses (including legal fees) reasonably incurred by it in connection with the release of any Transaction Security expressed to be created pursuant to any Transaction Security Document.