Examples of Claims and Expenses in a sentence
The following terms and definitions are applicable throughout this Plan: Administrative Claims and Expenses.
All money expended by the State or the Administration as a result of such Claims and Expenses, together with interest at a rate equal to 12% per annum from the date of payment, shall constitute an additional indebtedness of the Borrower and shall be immediately due and payable by the Borrower to the State and the Administration.
The Borrower releases the State and the Administration from, and agrees to protect, indemnify and save each of them harmless against, any Claims and Expenses incurred by, or asserted against, any of them, arising in connection with the Loan, the Project, or the Facility.
To the fullest extent permitted by law, and except as otherwise expressly provided herein, no Covered Person shall be liable to the Partnership, its Subsidiaries or any Partner for any Claims and Expenses arising out of any act or omission of such Covered Person on behalf of the Partnership or its Subsidiaries to the extent that such act or omission did not constitute Disabling Conduct.
Funding of Claims and Expenses: The vendor shall establish a non-interest bearing checking account in vendor’s name (“Claim and Expense Payment Account”) with the vendor’s bank.