Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the 12b-1 and/or shareholder servicing fees payable under the 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund, on behalf of each Class of its shares, may offset the appropriate Reimbursement Amount against the management fees, 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid quarterly by IICO, IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Reimbursement Amount shall be paid directly by IDI and/or WISC. Such direct payment shall be paid two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management and/or accounting and administrative services fees payable under the Investment Management Agreement and/or the Accounting and Administrative Services Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fee payable under the Management Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by WRIICO within the first 10 days of each month.
Payment of Reimbursement Amount. (a) Unless otherwise agreed to by the Lenders, Guarantor and Company agree that no payment shall be made in respect of the Reimbursement Amount or interest thereon (except as provided below in this Section 3.3(a)) prior to the Credit Agreement Termination Date; provided that Company shall be required to make -------- payments in respect of the Reimbursement Amount and interest thereon to the extent of 50 percent of the Excess Cash Flow available for such purpose (if any) as provided in clause ninth of Section 8.08(d) of the Credit Agreement; such payments shall be applied first to interest and then to the Reimbursement Amount and shall be payable on each Semi-Annual Payment Date based upon the Excess Cash Flow for the semi-annual period ending on such Semi-Annual Payment Date. Notwithstanding anything herein to the contrary, Guarantor and Company agree that no payment shall be required or made in respect of the Reimbursement Amount or interest thereon during any time when a Default or Designated Event has occurred and is continuing or would result therefrom (it being understood and agreed that any payment default under the Credit Agreement cured by the Guarantor shall not be a Default or Designated Event thereunder upon and subsequent to such cure).
(b) After the Credit Agreement Termination Date, the Reimbursement Amount shall be payable in four equal semi-annual installments of principal, the first of which (together with accrued and unpaid interest thereon) shall be due and payable on the first Business Day following the first six-month anniversary of the Credit Agreement Termination Date, and a like installment of principal and interest shall be due on the first Business Day following each subsequent six- month anniversary of such date until the fourth such date, when the Reimbursement Amount and all accrued and unpaid interest thereon, shall be due and payable in full. In addition, after the Credit Agreement Termination Date, 75 percent of the Company's net cash flow (determined in accordance with GAAP) shall be applied to prepay the Reimbursement Amount and interest thereon (with payments being applied first to interest), with one-half (1/2) of such payments being applied in the regular order of maturity and one-half (1/2) thereof being applied in the inverse order of maturity; such payments shall be made on the first Business Day of each calendar quarter based upon the net cash flow for the preceding calendar quarter.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund, on behalf of its Class E shares, may offset the appropriate Reimbursement Amount against the 12b-1 and/or shareholder servicing fees payable under the 12b-1 Plans and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. The City during the Reimbursement Period shall bi-annually transfer these funds to the Developer within 90 days of receipt of required Sales and Convention & Tourism Tax data, subject to certification of expenditures by City of the Development Project’s costs as stated in 4.02(b).
Payment of Reimbursement Amount. At the Closing, (a) if the CapEx Reimbursement Amount is positive, Buyer shall pay to the Seller the CapEx Reimbursement Amount or (b) if the CapEx Reimbursement Amount is negative, the Seller shall pay to Buyer the CapEx Reimbursement Amount (as if such CapEx Reimbursement Amount was a positive number) of the Closing Consideration pursuant to Section 2.01 of the Purchase Agreement by wire transfer of immediately available funds to a bank account designated by the other Party.
