Examples of Borrower Expenses in a sentence
Although our experiment setting is simulated, adding a deadline to our experiment clearly shows the performance of the GDA agent to be better than the eager and the baseline agent.
The proceeds of the Loans and the Letters of Credit shall be used solely for the purposes permitted under the Governing Agreements and the Constituent Documents of the Borrower Parties, including, if and to the extent permitted under the Governing Agreements, to finance investment activities, to provide working capital, to pay Borrower Expenses and for other permitted purposes (including, for the avoidance of doubt, to pay dividends or distributions on its outstanding equity interest).
Notwithstanding the foregoing, Operating Expenses shall in no event include (w) the Management Fee; (x) any Borrower Expenses, (y) any general or administrative expenses of the Manager; or (z) any depreciation or amortization expense with respect to the Containers or generator sets in the Borrower Fleet.
Amounts deposited in the Borrower’s Account pursuant to Section 2.13(a) or (b) in respect of Permitted Borrower Expenses shall be further transferred to the Borrower’s Administration Account and used by the Borrower solely to pay Permitted Borrower Expenses.
The Borrower shall use the proceeds of the Borrowing to pay for Permitted Borrower Expenses in accordance with the Operating Budget payable over the next two Fiscal Quarters.