Administration Expense definition
Examples of Administration Expense in a sentence
The reasonable fees and expenses required to be paid to Baffinland’s transfer agent so as to accomplish this shall be paid as an Administration Expense from the Escrow Settlement Funds.
Nevertheless, if required by the Court, Class Counsel and/or a translation firm selected by Class Counsel shall prepare a French translation of the Agreement, the cost of which shall be paid from the Settlement Amount as an Administration Expense.
The Company agrees to pay the reasonable and necessary expenses that the County incurs with respect to the execution and administration of this Fee Agreement, including without limitation reasonable and actual attorneys’ fees (the “Administration Expenses”); provided, however, that no such expense shall be an Administration Expense until the County has furnished to the Company a statement in writing indicating the amount of such expense and the reason for its incurrence.
The cost of the report described in the first sentence of this paragraph shall be deemed a Lien Administration Expense.
Any order or proceeding relating to an application for the Class Counsel Attorneys’ Fees, Class Counsel Litigation Costs, Administration Expense Payment, and Class Representative Service Payments shall not operate to terminate this Settlement Agreement.