Common use of Expenses & Outlays Clause in Contracts

Expenses & Outlays. The Client shall be liable for all agreed outlays incurred by the Agent. The outlays (i.e. disbursements made or to be made or expenses incurred or to be incurred by the Agent for and on behalf of the Client in respect of selling the property) have been agreed, to the amount of €<OUTLAY VALUE> (exclusive of VAT). Expenses or outlays will be subject to VAT at prevailing rate at the time (currently <VAT RATE>%). Any additional outlays will be agreed in advance with the Client and confirmed in writing by the Agent. The agreed outlays will become payable on signing of this Agreement OR <SPECIFY CONDITION(S)>.