EXPENSE PAYMENTS. The Owner hereby gives power to the Agent to pay expenses and costs for the Property from the Owner’s funds held by the Agent, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.
EXPENSE PAYMENTS. The Owner hereby gives power to the Manager to pay expenses and costs for the Property from the Owner’s funds held by the Manager, unless otherwise directed by the Owner. The expenses and costs may include, but are not limited to, property management compensation, fees and charges, expenses for goods and services, property taxes and other taxes, association or condominium dues, assessments, loan payments, and insurance premiums.
EXPENSE PAYMENTS. (a) In consideration of the anticipated administrative and shareholder servicing expense savings resulting from the Company’s services set forth above, EquiTrust agrees to pay the Company a fee (the “Fee”), computed daily and paid monthly in arrears, equal to the following percent of daily net asset value of the shares of the Portfolios held in the subaccounts of the Accounts. Value Growth Portfolio 0.10 % High Grade Bond Portfolio 0.10 % High Yield Bond Portfolio 0.10 % Managed Portfolio 0.10 % Blue Chip Portfolio 0.10 % Money Market Portfolio 0.10 %
(b) As soon as practicable after the end of each month, EquiTrust will calculate Company’s fee for the preceding month as stated in this Paragraph 2 and pay such fee to the Company. For purposes of this Paragraph 2, the average daily net asset value of the shares of the Fund will be based on the net asset values reported by such Fund to the Company.
EXPENSE PAYMENTS. Arrange, if directed by the appropriate Fund officers, for the payment of the Fund's and each Portfolio's or class' expenses.
EXPENSE PAYMENTS. Upon Instruction by the Customer’s officer, X.X. Xxxxxx will arrange for the payment of each Fund’s (or class’) expenses. For avoidance of doubt, X.X. Xxxxxx’x services in this regard will include:
(i) Review invoices directed to the funds and effect payments as appropriate;
(ii) Calculate Trust expense allocations when appropriate;
(iii) Arrange, if directed by the appropriate client Fund officers, for the payment by wire of a Fund’s expenses;
(iv) Prepare form 1099-MISC for fund expense payments, including Trustees’ fees;
(v) Provide expense details to the Funds’ investment adviser for periodic review; and
(vi) Assist in the verification of the appropriateness of all Fund expenses including out-of-pocket costs charged to the Funds.
EXPENSE PAYMENTS. (i) If this Agreement is terminated by either Parent or the Company pursuant to Section 7.1(d), the Company shall pay Parent $25,000,000 as payment for Parent’s costs and expenses in connection with this Agreement (the “Parent Expense Payment”) by wire transfer (to an account designated in writing by Parent) in immediately available funds within two Business Days after such termination.
(ii) If this Agreement is terminated by either Parent or the Company pursuant to Section 7.1(e), Parent shall pay the Company $25,000,000 as payment for the Company’s costs and expenses in connection with this Agreement (the “Company Expense Payment,” and together with the Parent Expense Payment, the “Expense Payments”) by wire transfer (to an account designated in writing by the Company) in immediately available funds within two Business Days after such termination.
EXPENSE PAYMENTS. If the Borrower shall fail to make any payment or otherwise fail to perform, observe, or comply with any of the conditions, covenants, terms, stipulations, or agreements contained herein, the Lender, upon prior notice and demand upon the Borrower but without waiving or releasing any obligation or any Event of Default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account and at the expense of the Borrower, and may enter upon any premises of the Borrower for that purpose and take all such action thereon as the Lender may consider necessary or appropriate for such purpose. All sums so paid or advanced by the Lender (the "EXPENSE PAYMENTS"), together with interest thereon from the date paid, advanced, or incurred until repaid in full at a per annum rate of interest equal at all times to the then highest rate of interest charged on the principal of any of the Liabilities, plus one percent (1%) per annum, shall be paid by the Borrower to the Lender upon demand by the Lender.
EXPENSE PAYMENTS. Arrange, as directed by the appropriate Trust officers, for the payment of each Fund's expenses.
EXPENSE PAYMENTS. Upon Instruction by the Customer’s officer, X.X. Xxxxxx will arrange for the payment of each Fund’s (or class’) expenses.
EXPENSE PAYMENTS. (a) In consideration of the anticipated administrative ---------------- and shareholder servicing expense savings resulting from the Company's services set forth above, Xxxxxx agrees to pay the Company a fee (the "Fee"), computed daily and paid monthly in arrears, equal to the following percent of the daily net asset value of the shares of the Portfolios held in the subaccount of the Account: X. X. Xxxxxx Bond Portfolio % X. X. Xxxxxx U.S. Disciplined Equity Portfolio % X. X. Xxxxxx International Opportunities Portfolio % X. X. Xxxxxx Small Company Portfolio .25%.
(b) As soon as practicable after the end of each month, the Company will send Xxxxxx, at the address and in the manner set forth in the Participation Agreement, a statement of the average daily net asset value for the preceding month of the shares of each such Portfolio as to which the fee stated in this Paragraph 2 is calculated, together with a statement of the amount of such fee. For purposes of this paragraph 2, the average daily net asset value of the shares of the Fund will be based on the net asset values reported by such Fund to the Company.
