Payments and Expenses. All expenses of the Joint Venture shall be paid by MP
Payments and Expenses. 9.1. In addition to the payment of the Rent the Lessee shall pay the following payments during the entire Term of Lease or until the date of vacating the Leased Premises, whichever is later, and on the date designated for that purpose:
9.1.1. All taxes, levies, fees, municipal taxes, licensing fees and other mandatory payments of any kind, whether municipal, governmental or other, whether regular or one-time payments, existing or future, that are imposed in respect of the use, possession, operation and implementation of the Works in the Leased Premises, whether directly or indirectly, including betterment levy, fees, permit fees and non-conforming use, development levies and any other levy and/or mandatory payment of any kind, to the extent that such payments are imposed, including payments in respect of which the demand for payment was delivered to the Lessor.
9.1.2. All fees and payments in respect of the consumption of water, electricity, gas and communication provided to the Leased Premises.
9.2. The Lessor shall incur property tax, to the extent applicable.
9.3. The Lessee shall notify the Local Council (including the water corporations) the gas company, Bezeq, Israel Electric Corp. and telecommunication companies and any other entity providing services to the Property that it leases the Leased Premises and will cause that all payments that are due from the Lessee to the said authorities and/or entities for the taxes or consumption as stated in subsection 9.1.1 and 9.1.2 above shall be charged in its and the Lessee shall make these payments directly to the said authorities and/or entities on time. The Lessee shall present to the Lessor certificates issued by the Municipality, Israel Electric Corp., and Bezeq evidencing that they received its notices.
9.4. Upon expiration of the Term of Lease or in the event the Term of Lease is terminated prior to expiration thereof, the Lessee shall notify the authorities and/or the entities specified in subsection 9.3 above regarding expiration of the Term of Lease and will allow Israel Electric Corp. and the water department to engage with whoever steps in and takes over its place in the Leased Premises. The Lessee shall present to the Lessor certificates issued by the said authorities and/or entities evidencing that they received its notices and confirming that it settled all payments and/or debts that are due from the Lessee to the said authorities and/or entities in respect of the Leased Premises.
9.5. Upon expi...
Payments and Expenses. All sums payable by the Customer to Masraf Xx Xxxxx hereunder and under each Sale Transaction shall be paid without set-off, withholding, counterclaim or deduction whatsoever and shall be free from any tax or other deductions whatsoever and in the event of such deduction against the Customer for any reason, the Customer shall pay to Masraf Al Rayan the due amounts as if the said deduction was completely not there.
Payments and Expenses. (a) When used in this Agreement, the following terms shall have the following meanings:
Payments and Expenses. Fees and expenses are chargeable in accordance with the Booking. Where applicable VAT will be charged at the appropriate rate
Payments and Expenses. The Administrative Agent and X. Xxxx shall have received all invoiced payments and other amounts due and payable on or prior to the First Amendment Effective Date, including, payments required under the Letter Agreement (as defined below) and, to the extent invoiced, reimbursement or other payment of all out-of-pocket expenses required to be reimbursed or paid by Borrower hereunder.
Payments and Expenses. From the funds collected and deposited in the account established pursuant to Section 1001 hereof, the Agent shall coordinate with the Owner and cause to be disbursed regularly and punctually the following:
(i) all of the real estate tax and insurance premium escrow payments required of the Owner, which payments shall be deemed to be part of the operating expenses of the Project;
(ii) all of the principal and interest required to be paid to the lender;
(iii) all remaining operating expenses of the Project including administrative, operational, franchise fees, maintenance and utility expenses and vendor payables;
(iv) the fees of The Forsythe Group evolving from txx Xxxxxement Agreement including the fees of the Agent as provided in Section 1201. With the exception of payments provided in this section and payments for utilities services, the Agent shall make no disbursements in excess of $15,000 unless specifically authorized by the Owner, provided that emergency repairs, involving manifest danger to life and property, or immediately necessary for the preservation and safety of the Project, or for the safety of the Tenants, or required to avoid the suspension of any necessary services to the Project, may be made by the Agent without regard to the cost limitation imposed by this Section with the understanding that the Agent will, if at all possible, confer immediately with the Owner regarding every such expenditure. The Agent shall not incur liabilities to the Owner (direct or contingent) which, in the aggregate, will exceed at any time $15,000 or which require payment more than one year from the creation thereof, unless specifically authorized by the Owner.
Payments and Expenses. 6.1 Neither Party is liable for payments or expenses incurred for or on behalf of the Other Party under this MOU and a separate agreement shall be entered into, or written pre- authorisation provided to the Other Party, for any exchange of value between the Parties.
Payments and Expenses. The Credit Parties shall have paid to the Administrative Agent the payments payable on the Closing Date referred to in the Payment Letter and all outstanding Permitted Expenses shall have been paid by the Credit Parties or reimbursed to the Agents and Lenders, as applicable.
Payments and Expenses. The Borrower hereby promises to pay all amounts under the terms of the Loan Documents (together with all interest invoiced by the Bank hereafter with respect to such advances) in accordance with the terms of the Loan Documents. The Borrower hereby confirms that, pursuant to this Agreement, the Borrower will (i) pay all taxes and filing fees incurred with respect to the Collateral or this Agreement and (ii) pay all legal expenses incurred with respect to this Agreement.
