Obligation for Costs Sample Clauses
The Obligation for Costs clause defines which party is responsible for paying specific expenses incurred under the agreement. Typically, it outlines whether each party bears its own costs or if one party must reimburse the other for certain fees, such as legal, administrative, or operational expenses related to the contract. This clause ensures clarity regarding financial responsibilities, helping to prevent disputes over payment and allocating cost-related risks between the parties.
Obligation for Costs. Interconnection Customer shall pay all costs associated with the Interconnection Studies in the manner specified in the applicable study agreement. Any difference between the study deposit applicable to any Interconnection Study and the actual cost of such Interconnection Study shall, except as otherwise provided herein, be refunded to Interconnection Customer or offset against the cost of any future Interconnection Studies associated with the applicable Interconnection Request. Any invoices for Interconnection Studies shall include an itemized accounting of such costs. Interconnection Customer shall pay any invoices within the time specified in the applicable study agreement or, if not specified therein, within twenty (20) calendar days of receipt of an invoice therefor. IPA shall not be obligated to perform or continue to perform any Interconnection Study unless Interconnection Customer has paid all undisputed amounts in compliance herewith and with the applicable study agreement.
Obligation for Costs. APPLICANT is responsible for all Extraordinary Costs in connection with Application processing and all necessary environmental review processing. In the event that the Extraordinary Costs exceed or are in the opinion of the Director of the PLANNING DEPARTMENT expected to exceed the amount of deposit as set forth in Provision 1 above, the COUNTY may request an additional deposit to cover such Costs or may ▇▇▇▇ APPLICANT for Costs accrued but unpaid, or both. In the event that APPLICANT objects to making any further payments or deposits, APPLICANT shall only be contractually obligated up to an amount not to exceed twenty percent (20%) over the initial deposit (referred to as "Cost Overruns"). In the event that APPLICANT refuses to make deposits or to pay cost incurred, the COUNTY may close the Project application processing and may seek recovery from the Undersigned for the costs incurred and the party's rights and responsibilities shall be governed under Provision B.1.6 ("Failure to Make Deposits") above.
Obligation for Costs. 27 13.5 Disputes. 27 13.6 Bond Financing. 29 13.7 IPP Agreements. 29
Obligation for Costs. Borrower will promptly pay or will cause to be paid all reasonable legal costs and fees incurred by Bank in connection with the preparation of this 2002 Agreement and any and all Security Instruments contemplated hereby (including any amendments). Borrower will, upon request, promptly reimburse Bank for all amounts expended, advanced or incurred by Bank (i) to satisfy any obligation of Borrower under this 2002 Agreement or any other Security Instrument, or to protect the Property of Borrower, or (ii) after an Event of Default to collect the Revolving Credit Note or to enforce the rights of Bank under this 2002 Agreement or any other Security Instruments, which amounts will include all court costs, reasonable fees of attorneys, auditors and accountants, and investigation expenses incurred by Bank in connection with any such matters, together with interest.