Expenses of valuation Sample Clauses

Expenses of valuation. The Borrower shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing such a valuation.
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Expenses of valuation. The Borrowers shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing one valuation per annum unless and until a Default which is continuing shall occur, whereupon all costs and expenses of all valuations shall be payable by the relevant Owner.
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Expenses of valuation. The Borrower shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing: (a) one set of valuations of each Ship per calendar half-year, which sets shall for the avoidance of doubt include a third valuation if the higher of the two valuations is more than 110 per cent of the lower, pursuant to clause 25.12 (Differences in Valuations) (which shall not include the costs and expenses of providing any valuations required under clause 4 (Conditions of Utilisation) which shall also be for the account of the Borrower); and (b) in addition to those referred to in (a) above, any sets of valuations (which sets shall for the avoidance of doubt include a third valuation if the higher of the two valuations is more than 110 per cent of the lower) carried out at any time when an Event of Default has occurred and is continuing.
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Expenses of valuation. The Borrower shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing any and all such valuations at any time, provided that, in the absence of an Event of Default that has occurred and is continuing, the Borrower shall bear the cost of the valuations of each Ship obtained under this clause 26 only twice per calendar year (but without taking into account valuations under, or for the purposes of, clause 4 (Conditions of Utilisation) and Schedule 3 (Conditions precedent) or clause 7.8 (Sale or Total Loss), the cost of which shall always be borne by the Borrower).
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Expenses of valuation. The Borrower shall bear, and reimburse to the Administrative Agent where incurred by the Administrative Agent (or the Lenders, as the case may be), all costs and expenses of providing the valuations provided pursuant to Clauses 24.2(a), 24.2(b), 24.2(c) or 24.2(d) (Valuation frequency). Any valuation conducted pursuant to Clause 24.2(e) (Valuation frequency) shall be for the requesting Finance Party’s own account except where the Borrower is by means of such valuation(s) (for the avoidance of doubt, the value for such valuation shall be the average of the valuations provided by two Approved Valuers or as otherwise provided in Clause 24.10 (Appointment and Number of valuers)) shown to be in breach of Clause 24.11 (Security shortfall).
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Expenses of valuation. The Borrowers shall bear, and reimburse to the Agent where incurred by the Agent, all reasonable costs and expenses of providing such valuations other than as set out in clause 26.2(d).
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Expenses of valuation. The Borrowers shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing any valuation of each Mortgaged Ship under this clause 25, any valuation of a Fleet Vessel made and delivered to the Agent under clause 19.2 (Provision and contents of Compliance Certificate and valuations) and any valuation of a Ship obtained under Part 2 of Schedule 3 (Conditions Precedent on Delivery).
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Expenses of valuation. The Borrowers shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing any valuation of each Mortgaged Ship under this clause 25 or clause 19.2 (Provision and contents of Compliance Certificate and valuations) and any valuation of a Ship obtained under Part 2 of Schedule 3 (Conditions precedent) Provided however that if no Event of Default has occurred and is continuing, in the case of valuations of Mortgaged Ships under this clause 25 and clause 19.2 (Provision and contents of Compliance Certificate and valuations) (i.e. without taking into account the valuations of the Ships obtained under Part 2 of Schedule 3 (Conditions precedent)) the Borrowers shall bear the cost of such valuations of a Mortgaged Ship not more than twice per year.
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Expenses of valuation. The Borrower shall bear, and reimburse to the Agent where incurred by the Agent, all costs and expenses of providing such a valuation under this clause 23 once every calendar year, except if an Event of Default has occurred and is continuing in which case the cost and expenses of all such valuations shall be borne by the Borrower.
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Related to Expenses of valuation

  • Payment of valuation expenses Without prejudice to the generality of the Borrowers’ obligations under Clauses 21.2, 21.3 and 22.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker or other expert instructed by the Agent under this Clause 15 and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause 15.

  • Organization Expenses All expenses incurred in connection with organization of the Company will be paid by the Company.

  • CONTRACT LIMIT, FEES AND EXPENSES changing the not-to-exceed amount of the Contract from FOUR HUNDRED TEN THOUSAND ONE HUNDRED SEVENTY-SEVEN DOLLARS AND ZERO CENTS ($410,177.00) to SIX HUNDRED SEVENTY THOUSAND ONE HUNDRED SEVENTY- SEVEN DOLLARS AND ZERO CENTS ($670,177.00), as approved by the Executive Director on October 31, 2022.

  • CONTRACT LIMIT AND FEES AND EXPENSES to change the not-to- exceed total amount of the Contract from SIX HUNDRED THOUSAND DOLLARS AND NO CENTS ($600,000.00) to ONE MILLION DOLLARS AND NO CENTS ($1,000,000.00) through the end of the first renewal term of the Contract, as approved by RRC Commissioners on September 18, 2018.

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Arbitration Expenses Each party shall pay the fees and expenses of its appointed member and one-half the fees and expenses of the chair or single arbitrator.

  • Litigation Expenses If either party successfully seeks to enforce any provision of this Agreement or to collect any amount claimed to be due under it, this party will be entitled to reimbursement from the other party for any and all of its out-of-pocket expenses and costs including, without limitation, reasonable attorneys' fees and costs incurred in connection with the enforcement or collection.

  • Liquidation Expenses Expenses that are incurred by the Master Servicer or a Servicer in connection with the liquidation of any defaulted Mortgage Loan and that are not recoverable under the applicable Primary Mortgage Insurance Policy, if any, including, without limitation, foreclosure and rehabilitation expenses, legal expenses and unreimbursed amounts, if any, expended pursuant to Sections 9.06, 9.16 or 9.22.

  • Costs, Fees and Expenses Except as otherwise specifically provided herein, each party hereto agrees to pay all costs, fees and expenses which it has incurred in connection with or incidental to the matters contained in this Agreement, including without limitation any fees and disbursements to its accountants and counsel; provided, that the Assuming Institution shall pay all fees, costs and expenses (other than attorneys' fees incurred by the Receiver) incurred in connection with the transfer to it of any Assets or Liabilities Assumed hereunder or in accordance herewith.

  • Arbitration Fees and Costs If your claim seeks more than $75,000 in the aggregate, the payment of the AAA’s fees and costs will be governed by the AAA rules. If your claims seek less than $75,000 in the aggregate, the payment of the AAA’s fees and costs will be our responsibility. However, if the arbitrator finds that your Dispute was frivolous or brought for an improper purpose (as measured by the standards set forth in Federal Rule of Civil Procedure 11(b)), the payment of the AAA’s fees and costs shall be governed by the AAA Rules and you shall reimburse us for all fees and costs that were your obligation to pay under the AAA Rules. You may hire an attorney to represent you in arbitration. You are responsible for your attorneys’ fees and additional costs and may only recover your attorneys’ fees and costs in the arbitration to the extent that you could in court if the arbitration is decided in your favor. Notwithstanding anything in this Arbitration Provision to the contrary, we will pay all fees and costs that it is required by law to pay.

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