Stadium Expenses Sample Clauses

Stadium Expenses. Except to the extent that this Agreement provides for the payment of Capital Maintenance and Repairs or for uniformed County officers by the County Parties, each as more fully set forth in Article 8 and Article 20 respectively below, BSC shall be responsible for all costs and expenses in connection with the use, maintenance, repair, operation and management of the Stadium, the Stadium Site and the Authority Parking Areas, including, but not limited to, utilities, cleaning, Routine Maintenance and BSC’s contribution to the Capital Maintenance Fund described in Section 8.1 below, but excluding staffing, cleaning and utilities for County Events (for which BSC shall be reimbursed pursuant to Section 11.1 below). With respect to BSC’s performance of Routine Maintenance and Capital Maintenance and Repairs, BSC acknowledges and agrees that such work shall be performed in a good and workmanlike manner, so as to cause the Stadium to remain a Competitive MLB Facility, taking into account the age of the Stadium and normal wear and tear.
Sample 1
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Stadium Expenses. Annual Overhead Expenses • In addition to the $25,000 deposit into the Community Use Fund, HSG would deposit $300,000 into a Stadium operations account controlled by the CRDA as Licensee (the "Stadium Operations Account") on January 1 of each calendar year that the Stadium Use Agreement remains in effect. The CRDA would apply all amounts deposited in the Stadium Operations Account for any calendar year towards the payment of budgeted Overhead Expenses for such calendar year, all as set forth in the Stadium Use Agreement. • If Overhead Expenses for any calendar year are less than the amount deposited into the Stadium Operations Account for such year, the CRDA, as directed by HSG with approval from the City and the Stadium Manager, shall apply such excess amounts to the payment of Stadium improvements and maintenance costs. • In any calendar year, HSG would pay for any Overhead Expenses exceeding $300,000; provided, that the triggers described in the “Operations” item at the top of this term sheet shall apply in such event; and, provided, further, HSG will have the right to terminate the Stadium Use Agreement in any year the Overhead Expenses exceed $450,000. • After calendar year 5 of the Stadium Use Agreement, each of the $25,000 Community Use Fund deposit and the $300,000 payment contemplated above will be adjusted annually for inflation beginning in year 6 of operations. The Inflation Adjustment will be equal to the lesser of (i) six percent (6%) and (ii) the increase for the immediately preceding year in the United States Consumer Price Index, as published from time to time by the United States Department of Labor, Bureau of Labor Statistics. HSG Game Day Expenses HSG responsible for all game day expenses related to HSG Events, including security, utilities, and maintenance resulting from such use and cleanup costs for the facility and adjacent parking areas and streets. Police Costs HSG has the right to select private security for in-stadium purposes during its events. HSG will be responsible for paying for exterior Hartford Police Department costs not to exceed the cost of one supervisor and five officers per HSG soccer game. All other HSG Events will be evaluated on a case-by-case basis with the Hartford Police Department and HSG will be responsible for all police costs associated with their events. City Expense Responsibilities Insurance City is responsible for P&C insurance for the Stadium; HSG to carry GL insurance and add City as additional insur...
Sample 1

Related to Stadium Expenses

  • Moving Expenses Reimbursements and procedures will be in accordance with the Department of Administrative Services, Chief Human Resource Office Policy 40.055.10, and its successors. Changes in this policy will be automatically incorporated into this contract Article.

  • Development Expenses Novartis shall be solely responsible for the costs and expenses of Developing and commercializing Licensed Products pursuant to the terms of this Agreement, except with respect to Infinity’s research, development and commercialization activities with respect to an Abandoned Profile pursuant to Section 3.3.1 (subject to Section 2.3).

  • Fees, Expenses and Reimbursement (a) So long as the Administrator provides Administrative Services to the Company, it shall be entitled to receive reasonable and customary fees for such services as well as out-of-pocket expenses as may be agreed to by the Administrator and the Company pursuant to a separate written agreement.

  • Expenses Reimbursement State Street shall be entitled to receive from the Fund on demand reimbursement for its cash disbursements, expenses and charges, excluding salaries and usual overhead expenses, as set forth in Schedule A.

  • Marketing Expenses Certain marketing expenses, such as Selected Dealer conferences, may be advanced to Selected Dealer and later deducted from the portion of the Dealer Manager Fee re-allowed to that Selected Dealer. If the offering of Shares in a Feeder Fund is not consummated, Selected Dealer will repay any such advance to the extent not previously expended on marketing expenses. Any such advance shall be deducted from the maximum amount of the Dealer Manager Fee that may otherwise be re-allowable to Selected Dealer. Notwithstanding anything herein to the contrary, as to any Feeder Fund, Selected Dealer will not be entitled to receive any Dealer Manager Fee and/or Distribution and Shareholder Servicing Fee which would cause the aggregate amount of selling commissions, dealer manager fees, Distribution and Shareholder Servicing Fees and other forms of underwriting compensation (as defined in accordance with applicable FINRA rules) received by the Dealer Manager and all Selected Dealers to exceed 10.0% of the gross proceeds raised from the sale of Shares in the Feeder Fund’s primary offering.

  • Owner’s Expenses Except as otherwise specifically provided, all costs and expenses incurred hereunder by Manager in fulfilling its duties to Owner shall be for the account of and on behalf of Owner. Such costs and expenses shall include the wages and salaries and other employee-related expenses of all on-site and off-site employees of Manager who are engaged in the operation, management, maintenance and leasing or access control of the Properties, including taxes, insurance and benefits relating to such employees, and legal, travel and other out-of-pocket expenses that are directly related to the management of specific Properties. All costs and expenses for which Owner is responsible under this Management Agreement shall be paid by Manager out of the Account. In the event the Account does not contain sufficient funds to pay all said expenses, Owner shall fund all sums necessary to meet such additional costs and expenses.

  • Limit on Operating Expenses The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

  • Additional Expenses The Underwriter will pay all expenses (e.g., shipping, postage and courier costs) associated with the delivery of the Prospectus to prospective investors and investors, other than the costs of delivery to the Underwriter's facilities, provided, that if courier services (other than overnight delivery services utilized in the ordinary course of business) are required to ensure that the Prospectus is delivered to investors on the day immediately preceding the Closing Date, the Company will pay such courier expenses. If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Underwriter and the Company. Very truly yours, PAINEWEBBER INCORPORATED By:____________________________ Name: Title: The foregoing Agreement is hereby confirmed and accepted as of the date hereof. GE CAPITAL MORTGAGE SERVICES, INC. By:____________________________ Name: Title:

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Costs, Expenses and Fees 6.1 Clause 10.11 (Transaction Costs) of the Amended Facility Agreement applies to this Agreement as if it were expressly incorporated in it with any necessary modifications.

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