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, office and computer expense, receptionist services, building maintenance and other miscellaneous expenses. The Bank shall pay these expenses and shall charge and Bando shall pay for Bando's one-half of the expenses on a monthly basis.

Appears in 2 contracts

Samples: Management Services and Allocation of Expenses Agreement (Middleton Doll Co), Management Services and Allocation of Expenses Agreement (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, building maintenance depreciation and other miscellaneous expenses. The Bank Bando shall pay these expenses and shall charge and Bando the Bank shall pay for Bandothe Bank's one-half of the expenses on a monthly basis.

Appears in 2 contracts

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

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