Sale Expenses. All Sale Expenses of any Holder incurred in connection with Section 2 and Section 3 shall be borne by the Company. It is acknowledged by the Holders that the Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as underwriters’ or agents’ commissions and discounts, brokerage fees, underwriter marketing costs and, other than as set forth in the definition of “Sale Expenses,” all reasonable fees and expenses of any legal counsel representing the Holders.
Sale Expenses. All expenses relating to the Sale shall be defined as the "Expenses of Sale" and unless otherwise agreed shall be paid directly by Merchant. On a weekly basis,
Sale Expenses. Company and RCI agree that all sale expenses are to be paid in cash prior to or at Closing.
Sale Expenses. Subject to the limitations set forth in Section (2)(b)(ii), all Sale Expenses of Holder incurred in connection with Section 2 and Section 3 shall be borne by the Company.
Sale Expenses. All expenses relating to the Sale shall be defined as the "Expenses of Sale" and unless otherwise agreed shall be paid directly by Merchant. On a weekly basis, Consultant shall present to Merchant a schedule of all expenses paid by Consultant on Merchant's behalf, including expenses incurred in preparation for the Sale, which Merchant shall reimburse to Consultant, promptly upon submission. The Expenses of Sale shall include all expenses relating to the Sale, including, but not limited to: (i) advertising; (ii) signing; (iii) personnel for the Sale; (iv) credit card or similar charges; (v) cost of transporting Inventory into the Store during the Sale; (vi) security; (vii) telephone; (viii) subject to Merchant’s pre- approval, Consultant's on-site supervision at a cost not to exceed $2,500 per week for each supervisor and $3,300 per week for each lead (lead initially will be Xxxxxxxx Xxxxxxxxxx), plus expenses and supervisory bonuses not to exceed 50% of weekly compensation, (ix) subject to Merchant’s pre- approval, bonus for store/sale employees, (x) costs of providing financial and advertising support (xi) warehousing and logistics support (xii) occupancy expenses for the various promotional sale sites (hotel, mall, tent, etc.) (xiii) fixturing (xiv) data capture, (xv) inventory shrinkage, and (xvi) other expenses directly attributable to the Sale reasonably authorized by Consultant. Consultant and Merchant shall mutually agree upon a budget for the warehouse and logistics center costs, budget(s) for each promotional sale, and a budget for other incidental costs as needed. Consultant shall not authorize any expenses in excess of the budget(s) without Merchant’s prior approval. The initial draft budget(s) are attached hereto as Schedule B, as such schedule may be amended from time to time by mutual agreement of the parties. Expenses shall not include costs of Consultant’s or Merchant’s home office personnel salaries and or home office fixed expenses unless otherwise mutually agreed in the budgets. Consultant’s and Merchant’s expenses pertaining to home office travel costs relating to direct administration of the sale events and acquisition of the real estate locations shall be Expenses of Sale and included on Schedule B.
Sale Expenses. Agent shall be responsible for the payment or reimbursement of all Sale Expenses incurred in conducting the Sale. As used herein, "Sale Expenses" shall mean Store-level operating expenses of the Sale which arise during the Sale Term at the Stores, limited to the following: (a) base payroll for Retained Employees for actual days/hours worked in the conduct of the Sale; (b) amounts actually payable in respect of payroll taxes, FICA, unemployment taxes, health care insurance benefits, worker's compensation and benefits of Retained Employees (other than Excluded Benefits), with such amounts being limited to no more than 14% of base payroll for each Retained Employee; (c) 50% of the fees and costs of the inventory taking service to conduct the Inventory Taking; (d) on-site supervision including Agent's Sale supervisors' fees, bonuses and travel expenses; (e) advertising and signage (at Merchant's contract rates, if available); (f) telephone charges incurred in the conduct of the Sale; (g) credit card and bank card fees, chargebacks and discounts; (h) costs of outside security personnel and armored car service; (i) Retention Bonuses as described in Section 9.4 below; (j) check verification fees and bad check charges if Agent elects to accept checks during the Sale; (k) Agent's actual cost of capital, (1) costs of transfers of Merchandise during the Sale Term, including, without limitation costs of transfer of Return Goods in connection with Agent's exercise of its rights under section 5.5 hereof; (m) Occupancy Expenses, on a per diem, per Store basis, limited to the amounts set forth on Exhibit 4.1 hereto; (n) Agent's travel expenses; and (o) the actual costs and expenses of providing such additional services which Agent in its reasonable discretion deems appropriate.
Sale Expenses. The following sale expenses shall be allocated between the parties, as follows:
Sale Expenses. An Additional Capital Contribution by the Members to fund any expense associated with the sale, exchange or other disposition of an Aircraft (other than Remarketing Expenses) that has been approved by the Members shall be required upon the good faith determination of the Manager that funds available in the Reserves are not sufficient to fund such expense and the Manager's notification to the Members as to the amount of the Additional Capital Contribution needed to fund the shortfall in the Reserves.
Sale Expenses. To the extent incurred by Executive and upon submission of appropriate receipts and other satisfactory documentation, MX will reimburse Executive for the following expenses reasonably and necessarily incurred by Executive in connection with the sale of his Ridgefield home:
(i) Property transfer fees/taxes;
(ii) Reasonable attorneys’ fees (if any);
(iii) Recording fees;
(iv) Inspection fees, if required; and
(v) Other reasonable and customary closing costs paid for by a seller of a residence.
