Permitted Expenses. As an inducement to Xxxxxx’s entering into the Second Amendment to Lease, and subject to the terms and conditions set forth in this Work Letter, Landlord shall provide to Tenant Landlord’s Contribution. Landlord’s Contribution shall be used by Tenant to reimburse Tenant for the following costs paid or incurred by Tenant in connection with Tenant’s Work: building permit, general construction costs; data/telecommunications cabling and related equipment costs; architectural and engineering services, including space plans, as-built plans, and mechanical, electrical and plumbing work; construction management fees; and relocation expenses (collectively, “Tenant’s Permitted Expenses”).
Permitted Expenses. The Contractor shall keep RYERSON informed about the progress of services provided under this agreement at reasonable intervals or as may be specifically requested by RYERSON. The RYERSON contact for such progress reports shall be .
Permitted Expenses. Borrower may make disbursements from the Operating Account only for (i) the reasonable, actual costs, fees and expenses of operation, maintenance and management of the Property, (ii) the reasonable, actual costs, fees and expenses of administration of Borrower's partnership and (iii) the "Closing Costs" (as hereinafter defined), all of the foregoing disbursements as paid and incurred by Borrower in accordance with Schedule 1 attached hereto (collectively, the "Permitted Expenses") during the applicable period, including, without limitation, the reasonable, actual amounts paid and incurred for leasing, marketing, taxes, assessments, capital improvements, refund of security deposits, insurance, salaries, repairs and utilities, accounting, tax preparation and auditing fees of the Property or Borrower, the Bond Trustee Fee, the property management fee paid to the Management Agent (to the extent approved by Lender pursuant to Section 11.1 of the Loan Agreement), and the reasonable out-of-pocket fees and expenses incurred by Borrower in connection with this Agreement or the Sale, but excluding (i) any payments of interest on, or the repayment of principal of, the Loan and the Working Capital Loan, (ii) amounts paid in payment of the Mortgage Administration and Servicing Fee, (iii) any property management fee paid to the Management Agent if the Management Agent is the Fund or an affiliate of the Fund, and (iv) payments on account of any Operating Working Capital Loan(s) and/or interest thereon. All disbursements from the Operating Account shall be made in accordance with Schedule 1 attached hereto, provided, however, that Borrower may, without Lender's consent, allocate amounts from the contingency line-item in such schedule to any other line item.
Permitted Expenses. Reasonable legal, accounting, collateral examination, monitoring and appraisal fees, financial advisory fees, fees and expenses of other consultants, and other reasonable out of pocket expenses of the Agent in connection with the Chapter 11 Cases, this Credit Agreement, the Loan Documents, and all documents related thereto, and all costs and expenses of the Agent (including reasonable, documented attorney expenses in accordance herewith) in connection with the enforcement of remedies under the Loan Documents to be reimbursed on a current basis by the Debtors from the proceeds of Loans hereunder. For avoidance of doubt, all fees and expenses in the immediately preceding sentence shall be reimbursed without regard to the amounts set forth in the Approved Budget with respect thereto; provided, that, to the extent the amounts of such fees and expenses exceed the amounts set forth therefor in the Approved Budget, the Approved Budget shall be automatically increased to incorporate such additional amounts. Permitted Liens. Liens, security interests and other encumbrances permitted by §10.2.
Permitted Expenses. Borrower shall not expend any income of the Project of any type other than for (i) Operating Expenses of the Project, (ii) payments of principal, interest and other charges with respect to the Debt, (iii) fees and expenses associated with the organization and operation of Borrower (such as tax return preparation, fees and expenses of filings with the Securities and Exchange Commission, asset management fees and other similar expenses which are not included in the definition of Operating Expenses), and (iv) capital expenditures of or benefiting the Project, provided, however, that after the making of any Operating Deficit Advance or Capitalized Interest Advance to Borrower pursuant to the terms of this Agreement, such capital expenditures (exclusive of Tenant Improvements made pursuant to an Approved Lease) shall be limited to the amount which is the greater of (a) Two Hundred Thousand Dollars ($200,000.00) in the aggregate per any period of twelve (12) consecutive calendar months commencing on or after the date of such Operating Deficit Advance or Capitalized Interest Advance or (b) such other amount as may be approved by Lender in writing.
Permitted Expenses. Section 2.6
Permitted Expenses. As an inducement to Tenant's entering into the Lease, and subject to the terms and conditions set forth in this Work Letter, Landlord shall provide to Tenant Landlord's Contribution. Landlord's Contribution shall be used by Tenant to pay only for the following costs in connection with Tenant's Work: general construction costs; data/telecommunications cabling and related equipment costs; architectural services, including space plans, as-built plans, and mechanical, electrical and plumbing work; and construction management fees (collectively, "Tenant's Permitted Expenses"). Notwithstanding anything herein to the contrary, not more than $11,011 of Landlord's Contribution shall be used for architectural services related to the Design/Development Plans.
Permitted Expenses. Upon substantiation of the amount and purpose thereof, the Company will reimburse the Members and Directors for certain permitted expenses in accordance with the criteria listed on Exhibit "D". Expenses meeting the aforementioned criteria shall be paid without the Members' consent.
Permitted Expenses. The Supplier may invoice ACC for the actual (with no mark-up) reasonable costs of hiring:
Permitted Expenses. Permitted Expenses shall mean the Greenhouse operation and maintenance expenses set forth in Sections 3.1 through 3.11 of this Exhibit "B":
