Work Program Expenses definition

Work Program Expenses means the costs and expenses incurred, paid or payable by the Operator in accordance with the provisions of this Agreement or otherwise authorized by the Operating Committee in connection with conducting Work Programs and Budgets.
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Examples of Work Program Expenses in a sentence

  • Nation acknowledges that a fundamental principle of this Agreement is that it pay the Work Program Expenses under this Agreement as and when required.

  • Accordingly, Nation waives any right to raise by way of set off or to invoke as a defence any claim it may have against Paltar, whether under this Agreement or otherwise, so as to reduce or avoid its obligation timely to contribute required Work Program Expenses.

  • Nation will be in default under this Agreement if it fails to contribute any portion of the Work Program Expenses when due under clause 5.2(b).

  • Nation will be in default under this Agreement if, prior to the Earning Date, it fails to contribute any portion of the Work Program Expenses when due under clause 5.2(b).

  • The remedies in this clause 7 have been selected by the Parties in light of their recognition that Paltar is not anticipated to have the funds necessary to pay Work Program Expenses for the fourth and fifth Permit Years, so that the Permit likely will be lost in its entirety if Nation fails to make the contributions promised for those years.

  • Accordingly, Nation waives any right to raise by way of set off or to invoke as a defence any claim it may have against Officer, whether under this Agreement or otherwise, so as to reduce or avoid its obligation timely to contribute required Work Program Expenses.

  • Nation will be in default under this Agreement if it fails to contribute any portion of the Work Program Expenses when due under Clause 5.3(b).

  • The remedies in this clause 7 have been selected by the Parties in light of their recognition that Officer is not anticipated to have the funds necessary to pay Work Program Expenses for the fifth and sixth Permit Years, so that the Permit likely will be lost in its entirety if Nation fails to make the contributions promised for those years.

  • The remedies in this clause 7 have been selected by the Parties in light of their recognition that Paltar is not anticipated to have the funds necessary to pay Work Program Expenses for the third, fourth or fifth Permit Years, so that the Permit likely will be lost in its entirety if Nation fails to make the contributions promised for those years.

  • Nation will be in default under this Agreement if it fails to contribute any portion of the Work Program Expenses when due under clause 5.3(b).

Related to Work Program Expenses

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.