Pay Expenses Clause Samples

Pay Expenses. Pay all expenses of the Premises from the Gross Income collected in accordance with Section 4(c) from MANAGER’S custodial account. It is understood that the Gross Income will be used first to pay the compensation to MANAGER set forth in Section 14, then operational expenses and then any mortgage indebtedness, including real estate tax and insurance impounds, but only as directed by OWNER in writing and only if sufficient Gross Income is available for such payments;

Pay Expenses. The Company will pay the legal fees and other out-of-pocket expenses incurred by the Purchasers in connection with due diligence and the preparation of this Agreement, and all brokerage or finders fees related to the consummation of the transactions contemplated hereby.

Pay Expenses. To spend money for any purpose reasonably necessary to accomplish the purposes of the Trust. This includes paying Trust expenses including without limitation any applicable taxes of any kind, and all kinds levied or assessed under existing or future laws, upon or in respect to the fund or any money, property, or securities forming a part thereof. To the extent necessary, credit cards may be used to pay expenses. The Board of Trustees may authorize a third party administrator to pay the Plan’s expenses between meetings, with the list of expenses to be approved at the next Trust meeting. By adopting this Trust Agreement, the bargaining parties and the Board of Trustees ratify actions taken and expenses incurred prior to the actual adoption of this Trust Agreement that are consistent with this document. By way of example, prior expenses incurred in a prior period, such as January 2014, and/or actions taken in previous periods, that are consistent with this document but which may not have been explicitly referenced in a prior version of the Trust Agreement are considered appropriate and authorized.

Pay Expenses. Except as otherwise provided herein, to pay all expenses of and incidental to the carrying on of the Business.