Payment of Common Expenses Sample Clauses

Payment of Common Expenses the Assignee/s regularly and punctually paying proportionate share of all costs and expenses for maintenance and upkeep of the Common Portions (collectively Common Expenses/ Maintenance Charges), indicative list of which is given in the 4th Schedule below.
Sample 1
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Payment of Common Expenses. All Owners shall be obligated to pay the Common Expenses assessed by the Board of Trsutees pursuant to the provisions of Section 7 of this Article.
Sample 1
Payment of Common Expenses. During the Term, the Tenant shall pay to the Landlord the Tenant's Share of Common Expenses, subject to the terms of this Lease, as follows: (i) before the commencement of each Year or fiscal period adopted by the Landlord, the Landlord shall reasonably estimate the Tenant's Share of Common Expenses for such period and so notify the Tenant; and the Tenant shall pay one-twelfth (1/12) of such estimated Tenant's Share of Common Expenses with each monthly installment of rental payable throughout that period (which monthly payments shall be adjusted if the Landlord, acting reasonably, subsequently re-estimates such Tenant's Share of Common Expenses for such period or the remaining portion thereof); and (ii) difference cannot be resolved by the parties, the matter shall be resolved through binding arbitration.
Sample 1
Payment of Common Expenses. All co-owners shall pay the common expenses assessed by the Board of Directors. Any assessment payment, including installment payments, not paid within fifteen (15) days of the due date of the payment, shall be in considered delinquent and shall incur a late charge in the amount of ten percent (10%) of the payment that is delinquent or such other amounts or percentage as fixed by resolution of the Board of Directors. Except as provided in Article XII of this Master Deed, the purchaser of an apartment shall be jointly and severally liable with the selling co- owner for all unpaid assessments against the apartment up to the time of conveyance, without prejudice to the purchaser's right of recovery against the selling co-owner. No co-owner shall be liable for the payment of any part of the common expenses assessed against a co-owner’s apartment subsequent to a conveyance of such apartment.
Sample 1
Payment of Common Expenses. Each Owner shall pay to the Treasurer of the Oaks Owners’ Committee , or as the Oaks Owners’ Committee may otherwise direct by notice to the Owners their Proportionate Share of the Common Expenses at such time or times determined by the Oaks Owners’ Committee regardless of when the expense will be incurred, without any set off or deduction. The Oaks Owners’ Committee may request that payment be made by delivery to the Treasurer of the Oaks Owners’ Committee of a series of monthly post- dated cheques for the Owner's Proportionate Share of the estimated Common Expenses for each year. The Owners' payments are to be held by the Treasurer for the benefit of the Internal Driveway and Parking, the Internal W alkways and the Common Property, and used to pay all Common Expenses. The reserve funds received by the Treasurer shall be segregated and deposited into a special interest bearing trust account to be held by the Treasurer until the reserve funds are required to be expended, or until the Owners, by a confirming vote of two-thirds (2/3) of the then current Owners direct the Oaks Owners’ Committee to use the fund for another purpose.
Sample 1
Payment of Common Expenses the Buyer(s) regularly and punctually shall pay proportionate share of all costs and expenses for maintenance and upkeep of the Common Portions (collectively Common Expenses/Maintenance Charges), indicative list of which is given in the Third Schedule below.
Sample 1
Payment of Common Expenses. During the Term, the Tenant shall pay to the Landlord the Tenant’s Share of Common Expenses as follows: 1. before the commencement of each Year or each fiscal period adopted by the Landlord, the Landlord shall reasonably estimate the Common Expenses for such period and so notify the Tenant, and the Tenant shall pay one-twelfth (1/12th) of the estimated Tenant’s Share of Common Expenses with each monthly instalment of rent payable throughout that period (which monthly payments shall be adjusted if the Landlord, acting reasonably, subsequently re-estimates Common Expenses for such period or the remaining portion thereof); and 2. the actual amount of Common Expense for such period and the Tenant’s Share of Common Expenses and the Tenant’s Share of Tax for the Year shall be certified by the Property Manager of the Building within a reasonable period of time (not to exceed 120 days) after the expiration of such period, and such certificate shall show in reasonable detail the information relevant and necessary for the exact calculation and determination of these amounts and shall be binding upon the parties unless shown to be in error; and 3. when requested, the Landlord agrees to provide the Tenant with copies of paid invoices and Tax xxxx(s).
Sample 1
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Payment of Common Expenses. Each Owner, including West Village for Units not yet sold and closed, shall pay to the Co-tenancy Committee or to West Village as initial manager of the Common Property, his share of the Common Expenses being an equal portion of the total of such expenses. On the first day of January in each year the Owner shall deliver to the Co-tenancy Committee or to West Village twelve
Sample 1
Payment of Common Expenses. The Purchasers shall regularly and punctually pay the proportionate share of the common expenses as per the terms and conditions as stipulated in the Agreement for Sale.
Sample 1

Related to Payment of Common Expenses

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Distribution Expenses Each of the Funds expressly agrees to pay to Service Company, as requested, the Fund’s portion of the actual cost of distributing shares of the Funds, which shall mean its share of all of the direct and indirect expenses of a marketing and promotional nature including, but not limited to, advertising, sales literature, and sales personnel, as well as expenditures on behalf of any newly organized registered investment company which is to become a party of this Agreement pursuant to Section 5.4. The cost of distributing shares of the Funds shall not include distribution-related expenses of an administrative nature, which shall be allocated among the Funds pursuant to Section 3.2(A). Distribution expenses of a marketing and promotional nature shall be allocated among the Funds in the manner approved by the Securities and Exchange Commission in Investment Company Act Release No. 11645 (Feb. 25, 1981): (1) 50% of these expenses will be allocated based upon each Fund’s average month-end assets during the preceding quarter relative to the average month-end assets during the preceding quarter of the Funds as a group. (2) 50% of these expenses will be allocated initially among the Funds based upon each Fund’s sales for the 24 months ended with the last day of the preceding quarter relative to the sales of the Funds as a group for the same period. (Shares issued pursuant to a reorganization shall be excluded from the sales of a Fund and the Funds as a group.) (3) Provided, however, that no Fund’s aggregate quarterly contribution for distribution expenses, expressed as a percentage of its assets, shall exceed 125% of the average expenses for the Funds as a Group, expressed as a percentage of the total assets of the Funds. Expenses not charged to a particular Fund(s) because of this 125% limitation shall be reallocated to other Funds on iterative basis; and that no Fund’s annual expenses for distribution shall exceed 0.2% of its average month-end net assets.

  • Administration Expenses The Company agrees to pay any Administration Expenses to the County when and as they shall become due, but in no event later than the date which is the earlier of any payment date expressly provided for in this Fee Agreement or the date which is forty-five (45) days after receiving written notice from the County, accompanied by such supporting documentation as may be necessary to evidence the County’s or Indemnified Party’s right to receive such payment, specifying the nature of such expense and requesting payment of same.

  • Liquidation Expenses Expenses that are incurred by the Master Servicer or a Servicer in connection with the liquidation of any defaulted Mortgage Loan and that are not recoverable under the applicable Primary Mortgage Insurance Policy, if any, including, without limitation, foreclosure and rehabilitation expenses, legal expenses and unreimbursed amounts, if any, expended pursuant to Sections 9.06, 9.16 or 9.22.

  • Payment of valuation expenses Without prejudice to the generality of the Borrowers’ obligations under Clauses 21.2, 21.3 and 22.3, the Borrowers shall, on demand, pay the Agent the amount of the fees and expenses of any Approved Broker or other expert instructed by the Agent under this Clause 15 and all legal and other expenses incurred by any Creditor Party in connection with any matter arising out of this Clause 15.

  • COMPENSATION; EXPENSES (a) In consideration of the foregoing, the Advisor shall pay the Sub-advisor, with respect to the Fund, a fee as specified in Appendix B hereto. Such fees shall be accrued by the Advisor daily and shall be payable monthly in arrears on the first business day of each calendar month for services performed hereunder during the prior calendar month. If fees begin to accrue in the middle of a month or if this Agreement terminates before the end of any month, all fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs. Upon the termination of this Agreement with respect to the Fund, the Advisor shall pay to the Sub-advisor such compensation as shall be payable prior to the effective date of termination. (b) During the term of this Agreement, the Sub-advisor will pay all expenses incurred by it in connection with its activities under this Agreement other than the cost of securities and other investments (including brokerage commissions and other transaction charges, if any) purchased for the Portfolio. The Sub-advisor shall, at its sole expense, employ or associate itself with such persons as it reasonably believe to be particularly fitted to assist it in the execution of its duties under the Agreement. Except as set forth in Appendix B, the Sub-advisor shall not be responsible for the Trust’s, the Fund’s or the Advisor’s expenses, including any extraordinary and non-recurring expenses. (c) No fee shall be payable hereunder with respect to the Fund during any period in which the Fund invests all (or substantially all) of its investment assets in a registered, open-end, management investment company, or separate series thereof, in accordance with Section 12(d)(1)(E) under the 1940 Act, pursuant to the instruction of the Advisor and of the Trust’s Board of Trustees.

  • Certain Expenses The Company shall pay on demand all expenses incurred by the Holder, including reasonable attorneys' fees and expenses, as a consequence of, or in connection with (x) any amendment or waiver of this Note or any other Transaction Document, (y) any default or breach of any of the Company’s obligations set forth in the Transaction Documents and (z) the enforcement or restructuring of any right of, including the collection of any payments due, the Holder under the Transaction Documents, including any action or proceeding relating to such enforcement or any order, injunction or other process seeking to restrain the Company from paying any amount due the Holder.

  • Termination Expenses Termination Expenses are in addition to compensation for Basic and Supplemental Services, and are full compensation for all damages and expenses which are directly or indirectly attributable to termination. Termination Expenses are applicable only to a termination for convenience by Owner and shall be computed as a percentage of the total compensation for Basic Services and Supplemental Services earned to the time of termination, as follows: .1 Twenty (20%) percent of the total compensation for Basic and Supplemental Services earned to the date of termination, if termination occurs before or during the schematic design phase; or .2 Ten (10%) percent of the total compensation for Basic and Supplemental Services earned to the date of termination, if termination occurs during the design development phase; or .3 Five (5%) percent of the total compensation for Basic and Supplemental Services earned to the date of termination, if termination occurs during any subsequent phase.

  • Additional Expenses to be inserted if applicable.

  • ALPS Compensation; Expenses (a) ALPS will bear all expenses in connection with the performance of its services under this Agreement, except as otherwise provided herein. ALPS will not bear any of the costs of Fund personnel. Other Fund expenses incurred shall be borne by the Fund or the Fund’s investment adviser, including, but not limited to, initial organization and offering expenses; the blue sky registration and qualification of Shares for sale in the various states in which the officers of the Fund shall determine it advisable to qualify such Shares for sale (including registering the Fund as a broker or dealer or any officer of the Fund as agent or salesman in any state); litigation expenses; taxes; costs of preferred shares; expenses of conducting repurchase offers for the purpose of repurchasing Fund shares; administration, transfer agency, and custodial expenses; interest; Fund directors’ or trustees’ fees; brokerage fees and commissions; state and federal registration fees; advisory fees; insurance premiums; fidelity bond premiums; Fund and investment advisory related legal expenses; costs of maintenance of Fund existence; printing and delivery of materials in connection with meetings of the Fund’s directors or trustees; printing and mailing of shareholder reports, prospectuses, statements of additional information, other offering documents and supplements, proxy materials, and other communications to shareholders; securities pricing data and expenses in connection with electronic filings with the U.S. Securities and Exchange Commission (the “SEC”).

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