Associated Expenses definition

Associated Expenses means the expenses associated with recovering the Guarantor Advances, excluding the Guarantor Advances and interest thereon.

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Associated Expenses means, with respect to any applicable Portfolio Asset, the associated commercially reasonable and ordinary course expenses of Disposition of such Portfolio Asset up to but not exceeding an amount equal to five percent (5%) of the sale price (excluding any associated expenses) of such Portfolio Asset.

Associated Expenses means actual out-of-pocket costs reasonably incurred by Seller, including reasonable fees for the time of the Special Deputy Rehabilitator or his staff, attorneys and other outside consultants, for contesting or reviewing the computation of any such Taxes. In connection with its requests for reimbursement of Associated Expenses, Seller shall provide Buyer with such supporting documentation as Buyer may reasonably request, and any charges for the time of the Special Deputy Rehabilitator or his staff shall be computed using a cost accounting methodology comparable to that used in allocating costs pursuant to the Central Services Agreement dated as of January 1, 1999, as referenced in the Administrative Services Agreement dated as of November 1, 1999. Amounts of Taxes and Associated Expenses borne by Seller shall be calculated for purposes of the preceding sentences (i) by taking into account the time value of any benefit or detriment attributable to the acceleration or deferral, on account of the deferral of the Closing Date pursuant to this Amendment Agreement (including any acceleration or deferral of the payment of Taxes attributable to gain or loss on the sale of the Shares at the Closing), of any payment of Taxes or Associated Expenses using a discount factor of 6% compounded daily on the basis of a 360-day year and (ii) by determining such amounts by applying this Article VIII without this Section 8.1(g). Notwithstanding the foregoing sentence, the time value of any benefit to Seller attributable to the deferral of the Closing Date shall not be taken into account to the extent that it would result in a net positive payment from Seller to Buyer under this Section 8.1(g)."

Examples of Associated Expenses in a sentence

The proceeds of the Loans will be deposited into a Closing Date Bank Account on the Borrowing Date and used by the Borrower on the Borrowing Date for general corporate purposes, including the payment of fees and expenses associated with the Loans ("Term Loan Associated Expenses").
The proceeds of the Term Loans will be deposited into a Closing Date Bank Account on the Effective Date and used by the Borrower for general corporate purposes including the payment of fees and expenses associated with the Loans (the "Loan Associated Expenses").
If, as of any date, both (x) the Principal Obligation exceeds the Available Commitment and (y) the Eligible Portfolio Asset Decrease is greater than zero percent (0%), the applicable Borrower Parties shall use all Collections and proceeds from Dispositions (net of Associated Expenses) from the Portfolio Assets, promptly upon any Borrower Party’s receipt of same, to repay the Principal Obligation until such time as the Principal Obligation no longer exceeds the Available Commitment.
The Associated Expenses shall be due and payable within the thirty (30) day period from the date of invoice from Valence to the Licensee.

More Definitions of Associated Expenses

Associated Expenses means the expenses associated with recovering the Drawn Amount, excluding the Drawn Amount and interest thereon.