Common use of Manager’s Expenses Clause in Contracts

Manager’s Expenses. In addition, the Issuer will reimburse the costs and expenses of the Manager in connection with the issue of the Bonds, including the reasonable fees and expenses of their legal advisers and all travelling, telecommunications, postage and other out-of-pocket expenses, which the Issuer authorises the Manager to deduct from the subscription moneys for the Bonds as provided in Clause 7.2 on the basis that the Manager accounts to the Issuer for any amount by which such costs and expenses fall short of the sum deducted and the Issuer pays subsequently for any amount by which such costs and expenses exceed the sum deducted.

Manager’s Expenses. In addition, the Issuer will reimburse the costs and expenses of the Manager Managers in connection with the issue of the Bonds, including the reasonable fees and expenses of their legal advisers and all travelling, telecommunications, postage and other out-of-pocket expenses, which the Issuer authorises the Manager Managers to deduct from the subscription moneys for the Bonds as provided in Clause 7.2 8 on the basis that the Manager accounts Managers account to the Issuer for any amount by which such costs and expenses fall short of the sum deducted and the Issuer pays subsequently for any amount by which such costs and expenses exceed the sum deducted.

Manager’s Expenses. In addition, the Issuer will reimburse the costs and expenses of the Manager Managers in connection with the issue of the Bonds, including the reasonable fees and expenses of their legal advisers and all travelling, telecommunications, postage and other out-of-pocket expenses, which the Issuer authorises the Manager Managers to deduct from the subscription moneys for the Bonds as provided in Clause 7.2 on the basis that the Manager accounts Managers account to the Issuer for any amount by which such costs and expenses fall short of the sum deducted and the Issuer pays subsequently for any amount by which such costs and expenses exceed the sum deducted.

Manager’s Expenses. In addition, the Issuer will reimburse the costs and expenses of the Manager Managers in connection with the issue of the Further Bonds, including the reasonable fees and expenses of their legal advisers and all travelling, telecommunications, postage and other out-of-pocket expenses, which the Issuer authorises the Manager Managers to deduct from the subscription moneys for the Further Bonds as provided in Clause 7.2 on the basis that the Manager accounts Managers account to the Issuer for any amount by which such costs and expenses fall short of the sum deducted and the Issuer pays subsequently for any amount by which such costs and expenses exceed the sum deducted.