Secondary Market Transaction Expenses Sample Clauses

Secondary Market Transaction Expenses. In connection with any Secondary Market Transaction, severance or other transaction permitted pursuant to Sections 9.1 and/or 9.5 in each case occurring after the Closing Date, Borrower shall be responsible to pay for all cost and expenses incurred by Borrower in connection with such Secondary Market Transaction (including, without limitation, the costs and expenses of Borrower’s counsel) which, in the aggregate, do not exceed $10,000 (the “Borrower Transaction Cost Cap”); provided, however, Borrower shall not be responsible to reimburse Lender for Xxxxxx’s cost and expenses (including, without limitation, the costs and expenses of Lender’s counsel) which costs shall be paid by the Lender engaging in such transaction. Notwithstanding the foregoing, for the avoidance of doubt, any costs and expenses incurred in connection with any severance or other transaction in connection with Administrative Agent’s exercise of remedies in accordance with Section 10.2, including, without limitation, the costs of any severance in accordance with Section 10.2(e), shall be paid by Borrower and any such costs shall not be included for purposes of calculating the Borrower Transaction Cost Cap. X. DEFAULTS Section 10.1
Sample 1
AutoNDA by SimpleDocs
Secondary Market Transaction Expenses. In connection with any Secondary Market Transaction, severance or other transaction permitted pursuant to Sections 9.1 and/or 9.5, Borrower shall be obligated to pay all costs or expenses in connection therewith in the event the Secondary Market Transaction is entered into concurrently with the closing of the Loan. In the event such Secondary Market Transaction is entered into after the closing of the Loan, Lender shall be responsible for all costs and expenses (including, without limitation, reasonable legal expenses) incurred by Borrower and Lender in connection with any Secondary Market Transaction, severance or other transaction permitted pursuant to Sections 9.1 and/or 9.5 that are in excess of $10,000.00 and Borrower shall only be obligated to pay such costs and expenses up to $10,000.00.
Sample 1
Secondary Market Transaction Expenses. In connection with any Secondary Market Transaction, severance or other transaction permitted pursuant to Section 9.1 or 9.5, Borrower shall pay all expenses (including legal fees) incurred by Lender, Borrower or any Borrower Related Party in connection therewith.
Sample 1
Secondary Market Transaction Expenses. In connection with any Secondary Market Transaction, severance or other transaction permitted pursuant to Sections 9.1 and/or 9.5 in each case occurring after the Closing Date, Borrower shall be responsible to pay for all cost and expenses incurred by Borrower in connection with such Secondary Market Transaction (including, without limitation, the costs and expenses of Borrower’s counsel) which, in the aggregate, do not exceed $10,000 (inclusive of any costs paid by Mortgage Borrower pursuant to Section 9.6 of the Mortgage Loan Agreement) (the “Borrower Transaction Cost Cap”); provided, however, Borrower shall not be responsible to reimburse Lender for Lender’s cost and expenses (including, without limitation, the costs and expenses of Lender’s counsel) which costs shall be paid by the Lender engaging in such transaction. Notwithstanding the foregoing, for the avoidance of doubt, any costs and expenses incurred in connection with any severance or other transaction in connection with Administrative Agent’s exercise of remedies in accordance with Section 10.2, including, without limitation, the costs of any severance in accordance with Section 10.2(e), shall be paid by Borrower and any such costs shall not be included for purposes of calculating the Borrower Transaction Cost Cap.
Sample 1

Related to Secondary Market Transaction Expenses

  • Transaction Expense Amount Upon Closing, the Company shall pay Ten Thousand and No/100 United States Dollars (US$10,000.00) to Auctus Fund Management, LLC (“Auctus Management”) to cover the Holder’s due diligence, monitoring, and other transaction costs incurred for services rendered in connection herewith (the “Transaction Expense Amount”). The Transaction Expense Amount shall be offset against the proceeds of the Note and shall be paid to Auctus Management upon the execution hereof.

  • Transaction Expenses Whether or not the transactions contemplated hereby are consummated, the Company will pay the reasonable out-of-pocket costs and expenses incurred in connection with the initial filing of this Agreement and all related documents and financial information, and all subsequent annual and interim filings of documents and financial information related thereto, with the SVO (which costs and expenses shall not exceed $5,000 without the prior written consent of the Company), and all out-of-pocket costs and expenses (including reasonable attorneys’ fees of a special counsel and, if reasonably required, local or other counsel) incurred by the Purchasers or any other holder of a Note in connection with the transactions contemplated hereby and in connection with any amendments, waivers or consents under or in respect of this Agreement, the Notes, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bonds (whether or not such amendment, waiver or consent becomes effective), including, without limitation: (a) the out-of-pocket costs and expenses incurred in enforcing or defending (or determining whether or how to enforce or defend) any rights under this Agreement, the Notes, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bonds, or in responding to any subpoena or other legal process or informal investigative demand issued in connection with this Agreement, the Notes, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bonds, or by reason of being a holder of any Note and (b) the out-of-pocket costs and expenses, including financial advisors’ fees, incurred in connection with the insolvency or bankruptcy of the Company or in connection with any work-out or restructuring of the transactions contemplated hereby, by the Notes, by the Mortgage Indenture (including the Supplemental Indenture) or by the First Mortgage Bonds. If required by the NAIC, the Company shall obtain and maintain at its own cost and expense a Legal Entity Identifier (LEI). The Company will pay, and will save the Purchasers and each other holder of a Note harmless from, (i) all claims in respect of any fees, costs or expenses, if any, of brokers and finders (other than those retained by such Person), (ii) any and all wire transfer fees that any bank or other financial institution deducts from any payment under such Note to such holder or otherwise charges to a holder of a Note with respect to a payment under such Note and (iii) any judgment, liability, claim, order, decree, fine, penalty, cost, fee, expense (including reasonable attorneys’ fees and expenses) or obligation resulting from the consummation of the transactions contemplated hereby, including the use of the proceeds of the Notes by the Company.

  • Acquisition Expenses Any and all expenses incurred by the Company, the Advisor, or any Affiliate of either in connection with the selection, acquisition or development of any Asset, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, and title insurance premiums.

  • Liquidation and Acquisition Expenses 1. The Actual Unpaid Principal Balance of the Mortgage Loan. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.

  • 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.

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

  • Registration Expenses The Registration Expenses of all Registrations 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’ commissions and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration Expenses,” all reasonable fees and expenses of any legal counsel representing the Holders.

  • 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):

  • Organization Expenses Each Fund hereby agrees to reimburse the Manager for the organization expenses of, and the expenses incurred in connection with, the initial offering of Shares of that Fund.

  • Division and Combination; Expenses; Books This Warrant may be divided or combined with other Warrants upon presentation hereof at the aforesaid office or agency of the Company, together with a written notice specifying the names and denominations in which new Warrants are to be issued, signed by the Holder or its agent or attorney. Subject to compliance with Section 3.1 as to any transfer which may be involved in such division or combination, the Company shall execute and deliver a new Warrant or Warrants in exchange for the Warrant or Warrants to be divided or combined in accordance with such notice. The Company shall prepare, issue and deliver at its own expense the new Warrant or Warrants under this Section 3. The Company agrees to maintain, at its aforesaid office or agency, books for the registration and the registration of transfer of the Warrants.

Time is Money Join Law Insider Premium to draft better contracts faster.