Common use of Overhead Expenses Clause in Contracts

Overhead Expenses. The Bank and Bando shall share on an equal 50/50 basis, their overhead expenses. These expenses shall include, but not be limited to, expenses for telephones, receptionist services, depreciation and other miscellaneous expenses. Bando shall pay these expenses and shall charge and the Bank shall pay for the Bank's one-half of the expenses on a monthly basis.

Appears in 2 contracts

Samples: Management Services and Allocation of Expenses Agreement (Bando McGlocklin Capital Corp), Investorsbancorp Inc

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Overhead Expenses. The Bank and Bando shall share on an equal 50/50 basis, their overhead expenses. These expenses shall include, but not be limited to, expenses for telephones, office and computer expense, receptionist services, depreciation building maintenance and other miscellaneous expenses. Bando The Bank shall pay these expenses and shall charge and the Bank Bando shall pay for the BankBando's one-half of the expenses on a monthly basis.

Appears in 2 contracts

Samples: Expenses Agreement (Investorsbancorp Inc), Expenses Agreement (Middleton Doll Co)

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Overhead Expenses. The Except with respect to computers and office supplies, the expenses of which shall be borne by the Bank with respect to 57.5% of such expenses and by Bando with respect to 42.5% of such expenses, the Bank and Bando shall share on an equal 50/50 basis, their overhead expenses. These expenses shall include, but not be limited to, expenses for telephones, receptionist services, depreciation services and other miscellaneous expenses. Bando The Bank shall pay these expenses and shall charge Bando, and the Bank Bando shall pay for the Bank's one-half Bando’s share of the expenses all such expenses, on a monthly basis.

Appears in 1 contract

Samples: Management Services and Allocation of Expenses Agreement (Middleton Doll Co)

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