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

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