Invoices and Payment of Expenses. The Security Trustee and the Loan Participants shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, “
Invoices and Payment of Expenses. The Security Trustee, each Agent and the Purchasers shall promptly submit to the Owner for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Owner agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, “
Invoices and Payment of Expenses. Each Agent and the Lenders shall promptly submit to the Borrower copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of detailed invoices of such Transaction Expenses regardless as to whether or not the Amendment Effective Date occurs (except in circumstances where such failure to occur is as a result of the breach by any Lender of its obligations hereunder following satisfaction by the Borrower of the Conditions Precedent set out in Clause 4 (Conditions)). For the purposes hereof, “
Invoices and Payment of Expenses. Each of the Indenture Trustee and the Certificate Holders shall promptly submit to the Borrower for payment copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower shall promptly, but in no event later than 30 days after receipt of such invoices, pay all Transaction Expenses. For the purposes hereof, “Transaction Expenses” means (i) with respect to the closing on the Closing Date, the reasonable and actual fees, expenses and disbursements of Xxxxx & Xxxxxxx, P.C., special FAA counsel in Oklahoma City (including filing fees associated with documents filed at the FAA or registrations made with the International Registry), Oklahoma; Xxxxxx & Xxxxxx, LLP, special counsel to the Borrower and Guarantor; Baker, Donelson, Bearman, Xxxxxxxx & Xxxxxxxxx, P.C., special Georgia counsel to the Borrower; Xxxxxx Price, P.C., special counsel to the Certificate Holders (subject to the cap referred to in the Letter of Offer); and Ray, Xxxxxxx & Xxxxxxx P.C., counsel to the Indenture Trustee, (ii) all fees and other charges payable to effect the recording or filing of UCC financing statements, (iii) the initial fee and reasonable and actual disbursements of the Indenture Trustee under the Trust Indenture and (iv) each Certificate Holder’s reasonable out-of-pocket costs and expenses relating to the negotiation and closing of this transaction, including travel expenses.
Invoices and Payment of Expenses. Each of the Security Agent and the Loan Participants shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, “Transaction Expenses” means:
(a) with respect to the preparation, negotiation, execution and delivery of this Agreement and the payment or anticipated payment of each Advance on each Borrowing Date, the reasonable fees, expenses and disbursements of Vedder, Price, Xxxxxxx & Kammholz, P.C., special counsel to the Loan Participants;
(b) all fees, taxes (including license, documentary, stamp, excise and property taxes) and other charges payable in connection with the recording or filing of instruments and financing statements; and
(c) each Loan Participant’s reasonable out-of-pocket costs and expenses relating to the negotiation and closing of this transaction.
Invoices and Payment of Expenses. The Security Trustee, each Agent and the Loan Participants shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, “Transaction Expenses” means (i) with respect to the preparation, negotiation, execution and delivery of this Agreement and the closing or anticipated closing of a Designated Aircraft on the Delivery Date for such Aircraft, the reasonable fees, and out-of-pocket expenses and disbursements of FAA Counsel and of Xxxxxx Price P.C., special counsel to the Loan Participants, (ii) all fees, taxes and other charges payable in connection with the recording or filing of instruments and financing statements, or registration of any international interest with the International Registry, (iii) the Underwriters’ and each other Loan Participant’s reasonable out-of-pocket travel expenses relating to the negotiation and closing of this transaction, and (iv) the Security Trustee’s fee as separately agreed; provided the Transaction Expenses of a Loan Participant which fails (a) to fund any Loan notwithstanding the satisfaction of the applicable conditions precedent or (b) to negotiate this Agreement and each other Operative Document in good faith, shall not be subject to reimbursement.
Invoices and Payment of Expenses. Each of the Owner Trustee, the Mortgagee, Lessee and the Participants shall promptly (and in any event within 90 days after the Closing Date) submit to the Owner Participant and Lessee for their prompt approval (which shall not be unreasonably withheld) copies of invoices of the Transaction Expenses as they are received. The Owner Participant agrees to transfer to the Owner Trustee from time to time within a reasonable period of time after receipt and such approval of invoices of Transaction Expenses such amount as shall be necessary in order to enable the Owner Trustee to pay such Transaction Expenses or to pay such amounts directly. To the extent of funds received by it, the Owner Trustee agrees to pay all invoices of Transaction Expenses that have been approved by the PARTICIPATION AGREEMENT (1992 757 [__]) Owner Participant and Lessee promptly upon receipt thereof. Notwithstanding the foregoing, in the event that the transactions contemplated hereby shall not be consummated, Lessee shall pay all Transaction Expenses, except each of the Participants shall be responsible for their own Expenses (including, without limitation, the fees, expenses and disbursements of counsel to the Participants and the fee of any appraiser of the Aircraft) if such failure to consummate the transactions result from the failure of such Participant to fund in accordance with the terms hereof or, in the case of the Owner Participant, to negotiate in good faith (which failure to negotiate in good faith, in the case of the Owner Participant, shall be based on the Owner Participant's xxxx-up of the Summary of Terms and Conditions delivered to Capstan Partners, Inc. on February 6, 1992). In addition, Lessee or the Loan Participant, as the case may be, shall pay to the other Funding Costs or Funding Profits (provided Lessee shall have no obligation to pay Funding Costs to any Loan Participant which breaches its obligation to fund). To the extent Transaction Expenses exceed 1.25% of Lessor's Cost, the Lessee may, in lieu of electing an optimization pursuant to Section 19 hereof, promptly reimburse the Owner Trustee or Owner Participant, as appropriate, for all or a portion of the Transaction Expenses described in clause (i)(5) and/or clause (vii) of the definition of Transaction Expenses.
Invoices and Payment of Expenses. The Loan Participant shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The [**] — Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.
Invoices and Payment of Expenses. Each of the Security Agent and the Loan Participants shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, "Transaction Expenses" means (i) with -------------------- respect to the preparation, negotiation, execution and delivery of this Agreement and the payment or anticipated payment of each Advance on each Borrowing Date, the reasonable fees, expenses and disbursements of Vedder, Price, Xxxxxxx & Kammholz, special counsel to the Senior Loan Participants, (ii) Xxxx, Scholer, Fierman, Xxxx & Handler, LLP, special counsel to the Junior Loan Participant, (iii) all fees, taxes (including license, documentary, stamp, excise and property taxes) and other charges payable in connection with the recording or filing of instruments and financing statements, (iv) each Loan Participant's reasonable out-of-pocket costs and expenses relating to the negotiation and closing of this transaction and (v) the up-front fee and commitment fee of the Senior Loan Participants as separately agreed.
Invoices and Payment of Expenses. The Loan Participant shall promptly submit to the Borrower for its prompt approval copies of invoices of the Transaction Expenses (as defined below) as they are received. The Borrower agrees to pay Transaction Expenses promptly upon receipt of invoices of such Transaction Expenses. For the purposes hereof, “
