Expenses of the Owner Sample Clauses

Expenses of the Owner. All operating and maintenance expenses, including expense of advertising and annual audit, shall constitute deductions from gross annual rentals in addition to the fee specified in paragraph 5. Where Broker is acting as Owner’s General Contractor for purposes other than ordinary maintenance due to ordinary wear and tear, the Broker shall be paid a supervision fee of 10% .
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Expenses of the Owner. All obligations or expenses incurred hereunder pursuant to an approved Budget shall be for the account of, on behalf of, and at the expense of the Owner, except as otherwise specifically provided in this Agreement. The Owner shall reimburse the Manager for all reasonable on-site expenses included in the approved Budget including the payroll costs, customary payroll taxes and fringe benefits (including bonuses, 401K plans and administrative expenses associated therewith, and other insurance or retirement benefits consistent with the Budget), medical and health insurance, workers' compensation, vacation, severance, training costs, State and Federal employment taxes and Social Security contributions of all on-site personnel (other than executives or supervisory personnel). If any of Manager's employees perform work on matters not relating to the Project, Manager shall fairly allocate the compensation of such employees between their work at the Project and such other work. Owner shall provide Manager, without charge, a suitable storage area within the Project for Manager's equipment, tools, materials and supplies furnished or consigned to Manager by Owner or furnished to Owner by Manager. In addition, to the extent necessary, Owner shall provide, without charge, suitable office space for Manager's employees within the Project, including telephone and utility service, personal computers and software, printers, a copy machine postage administrative supplies and miscellaneous office equipment as deemed necessary. Manager shall fairly allocate the costs of such office expenses in the event the office space, equipment and supplies are located within Managers facilities.
Sample 1

Related to Expenses of the Owner

  • Expenses of the Fund Other than as provided for in Sections 1 and 3, the Fund shall be responsible for all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operations, whether incurred directly by the Fund or incurred by the Manager on behalf of the Fund (together, “fees and expenses”). Such fees and expenses payable by the Fund shall include, but are not limited to:

  • Expenses of the Parties Except as otherwise provided herein, all expenses incurred by or on behalf of the parties hereto in connection with the authorization, preparation and consummation of this Agreement, including, without limitation, all fees and expenses of agents, representatives, counsel and accountants employed by the parties hereto in connection with the authorization, preparation, execution and consummation of this Agreement shall be borne solely by the party who shall have incurred the same.

  • Expenses of the Company The Company shall pay all of its expenses and shall reimburse the Manager for documented expenses of the Manager incurred on its behalf (collectively, the “Expenses”). Expenses include all costs and expenses which are expressly designated elsewhere in this Agreement as the Company’s, together with the following:

  • Expenses of the Trust Other than as provided for in Sections 1 and 3, the Trust shall be responsible for all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operations, whether incurred directly by the Trust or incurred by the Manager on behalf of the Trust (together, “fees and expenses”). Such fees and expenses payable by the Trust shall include, but are not limited to:

  • Expenses of the Offering The Company covenants and agrees with the several Underwriters that the Company will pay or cause to be paid the following: (i) the fees, disbursements and expenses of the Company’s counsel and accountants in connection with the registration of the Securities under the Securities Act, and all other expenses in connection with the preparation, printing and filing of the Registration Statement, any Preliminary Prospectus, the Prospectus, any Issuer Free Writing Prospectus and any Time of Sale Information and (except as otherwise expressly provided in Section 5(g) hereof) amendments and supplements thereto and the mailing and delivering of copies thereof to the Underwriters and any other broker-dealers participating in the distribution of the Securities; (ii) the cost of printing or producing any Agreement among Underwriters, this Agreement, any Pricing Agreement, any Indenture, any Blue Sky and Legal Investment Memoranda and any other documents reasonably required in connection with the offering, purchase, sale and delivery of the Securities; (iii) any fees charged by securities rating services for rating the Securities; (iv) any filing fees incident to any required review by the Financial Industry Regulatory Authority, Inc. of the terms of the sale of the Securities; (v) the cost of preparing the Securities; (vi) the fees and expenses of any Trustee and any agent of the Trustee and the fees and disbursements of counsel for any Trustee in connection with any Indenture and the Securities; and (vii) all other costs and expenses incident to the performance of its obligations hereunder which are not otherwise specifically provided for in this Section. It is understood, however, that, except as provided in this Section, Section 9 and Section 12 hereof, the Underwriters will pay all of their own costs and expenses, including the fees of their counsel, transfer taxes on resale of any of the Securities by them, and any advertising expenses connected with any offers they may make.

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