Documentation Costs, Other Expenses and Charges. In connection with the closing of each transaction, Lessee also agrees to pay all of Lessor's out-of-pocket expenses in connection with the closing of each transaction, including without limitation: [i] documentation costs for this Lease and each Lease Schedule; [ii] any fees and costs of legal counsel utilized by Lessor (including in-house counsel); [iii] the costs of site and vessel inspections; and [iv] all other out-of-pocket expenses incurred by or on behalf of Lessor. At such time as the Lease closes, the aforementioned out-of-pocket expenses shall not exceed $25,000.00.
Appears in 2 contracts
Samples: Master Lease Agreement (International Thoroughbred Breeders Inc), Master Lease Agreement (International Thoroughbred Breeders Inc)
Documentation Costs, Other Expenses and Charges. In connection with the closing of each transaction, Lessee also agrees to pay all of Lessor's out-of-pocket expenses in connection with the closing of each transaction, including without limitation: [i] documentation costs for this Lease and each Lease Schedule; [ii] any fees and costs of legal counsel utilized by Lessor (including in-house counsel); [iii] the costs of site and vessel inspections; and [iv] all other out-of-pocket expenses incurred by or on behalf of Lessor. At such time as the Lease closesis executed and delivered, the aforementioned out-of-pocket expenses shall not exceed $25,000.00.
Appears in 1 contract
Samples: Master Lease Agreement (International Thoroughbred Breeders Inc)
Documentation Costs, Other Expenses and Charges. In connection with the closing of each transaction, Lessee also agrees to pay all of Lessor's out-of-pocket expenses in connection with the closing of each transaction, including without limitation: [i] documentation costs for this Lease and each Lease Schedule; [ii] any fees and costs of legal counsel utilized by Lessor (including in-house counsel); [iii] the costs of site and vessel inspections; and [iv] all other out-of-pocket expenses incurred by or on behalf of Lessor. At such time as the Lease closes, the aforementioned out-of-pocket expenses shall not exceed $25,000.00.
Appears in 1 contract
Samples: Master Lease Agreement (International Thoroughbred Breeders Inc)