Common use of Authority’s Expenses Clause in Contracts

Authority’s Expenses. Project Co will pay the Authority’s reasonable internal administrative and personnel costs and all out-of- pocket costs in connection with a consent under Section 5.2 or 5.3. At the time of the request for consent, Project Co will make a payment to the Authority against its obligation under this Section 5.8 of $15,000 (Index Linked) in respect of the consent under Section 5.2 or $50,000 (Index Linked) in respect of the consent under Section 5.3. After the decision of the Authority is rendered, the Authority will either refund any over payment or invoice Project Co for any additional amounts due under this Section 5.8. The amounts payable under this Section 5 are payable even if the Refinancing Gain is determined to be zero.