Designated Expenses means extraordinary Trust expenses attributable to a particular Holder that are to be borne by such Holder.
Designated Expenses means all costs and expenses (direct or indirect) incurred by the General Partner which are directly or indirectly related to the formation, capitalization, business or activities of the Partnership (including, without limitation, expenses, direct or indirect, reasonably allocated to the General Partner by its Affiliates); provided, however, that Designated Expenses shall not include (a) any cost or expense for which the General Partner is not entitled to be reimbursed by reason of the proviso at the end of Section 7.10(b); (b) any cost or expense for which the General Partner and its Affiliates are not entitled to be reimbursed pursuant to the terms of the Exchange Agreement; or (c) severance costs not permitted to be reimbursed pursuant to the Management Agreement in connection with the withdrawal of the General Partner.
Designated Expenses mean all costs and expenses (direct or indirect) incurred by the General Partner which are directly or indirectly related to the formation, capitalization, business or activities of the Partnership Group (including, without limitation, expenses, direct or indirect, reasonably allocated to the General Partner by its Affiliates); provided, however, that Designated Expenses shall not include (a) any cost or expense for which the General Partner is not entitled to be reimbursed by reason of the proviso at the end of Section 7.12(b), (b) severance costs not permitted to be reimbursed pursuant to the Management Agreements in connection with the withdrawal of the General Partner, or (c) any cost or expense for which the General Partner and its Affiliates are not entitled to be reimbursed pursuant to the terms of the Exchange Agreement.
Examples of Designated Expenses in a sentence
The General Partner shall determine such Designated Expenses in any reasonable manner determined by it.
All expenses payable out of the Initial Bank Drawdown as provided above shall be referred to as the "Designated Expenses".
Such Designated Expenses shall be paid on the second business day following the submission thereof by TAGTCR.
Brady added that Andy Pineda, and interested citizen, has been working on an energy reduction program for the District.
Such Designated Expenses shall be paid on the second business day following the submission thereof by the applicable party.
More Definitions of Designated Expenses
Designated Expenses mean all costs and expenses (direct or indirect) incurred by the General Partner which are directly or indirectly related to the formation, capitalization, business or activities of the Partnership Group; provided, however, that Designated Expenses shall not include (a) any cost or expense for which the General Partner is not entitled to be reimbursed by reason of the proviso at the end of Section 7.12(b) or (b) severance costs not permitted to be reimbursed pursuant to the Management Agreements in connection with the withdrawal of the General Partner.
Designated Expenses means extraordinary Trust expenses attributable to a particular Holder that are to be borne by such Holder. 026_0032.doc
Designated Expenses means all expenses incurred by Sublessor, whether or not paid directly by Sublessor or reimbursed to Master Lessor, for the Premises and all other parts of the Building (including the front lobby on the first floor of the Building, parking and access areas and landscaping) for (i) all additional charges for expenses and taxes payable pursuant to Paragraph 4D and 4E of the Master Lease; (ii) electric, water, gas, and other utilities and services (such as janitorial, gardening and security services), except that Sublessee shall (a) pay directly to the utility companies the charges for water, gas and electricity which are separately metered for the Premises and (b) contract and pay for its own trash removal; (iii) maintenance, repair, and replacement costs incurred pursuant to the Master Lease; and (iv) Sublessor's Premises improvement depreciation and management fee.
Designated Expenses means, with respect to a specified person, all documented, reasonable out-of-pocket fees and expenses (not to exceed $2.0 million) incurred or paid by or on behalf of such specified person and its affiliates to third parties in connection with the Merger or the
Designated Expenses means each Debtor's:
Designated Expenses shall not include any prepetition expenses or interest on any prepetition indebtedness unless an order of the Bankruptcy Court approving payment of such prepetition expenses or such interest has been entered.
Designated Expenses means the sum of the actual out-of-pocket payments and expenses of Station Licensee for the following: (i) utilities associated with the Stations’ transmitting facilities together with all other expenses, including rental payments, payable by Station Licensee under any lease for real property on which the Stations are located or used exclusively for the operation of the Stations, (ii) salaries for up to two of the Stations’ full-time employees, one of which shall be the station manager and hourly rates for accounting and human resource services, all at reasonable and customary rates for such employees or services, (iii) expenses related to maintenance and filings with respect to the FCC Licenses in respect of the Stations and other expenses of compliance with FCC Rules and other Applicable Law in connection with the operation of the Stations, including reasonable and customary attorneys’ fees of Station Licensee incurred in connection therewith, (iv) property taxes on any real property, personal property and leased property on which the Stations are located or used exclusively for the operation of the Stations, (v) in the event that Station Licensee shall have elected to borrow the purchase price with respect to its acquisition under the Station Purchase Agreement (pursuant to the Assignment and Assumption Agreement) pursuant to a credit agreement or other financing arrangement contemplated by that certain Commitment Letter, dated as of August 31, 2007, from Banc of America Securities LLC, Wachovia Bank, National Association, Wachovia Capital Markets, LLC and CIT Lending Services Corporation in favor of Xxxxxx Broadcasting of Traverse City, Inc., or any other financing arrangement provided by, or entered into with, Pilot Group L.P. or an Affiliate thereof (an “Acquisition Financing Arrangement”), the payments due by Station Licensee pursuant to such Acquisition Financing Arrangement, other than those payments due pursuant to such Acquisition Financing Agreement to the extent arising out of the failure of Station Licensee to make a timely payment thereunder for which Station Licensee had received timely payment hereunder or otherwise to the extent arising out of actions or omissions of Station Licensee in breach of such Acquisition Financing Arrangement (provided, that any payments under this clause shall be made directly to Station Licensee), (vi) premiums and other out-of-pockets costs and expenses relating to any insurance that Station Licensee is requir...