Expense Funds definition

Expense Funds has the meaning set forth in Section 9.1(b).

Expense Funds has the meaning set forth in Section 1.04(e).

Expense Funds has the meaning set forth in Section 1.6(d).

Examples of Expense Funds in a sentence

• Provided no Event of Default has occurred and is continuing, Lender shall disburse the Operating Expense Funds to Borrower to pay Approved Operating Expenses and/or Approved Extraordinary Expenses upon Borrower’s request (which such request shall be accompanied by an Officer’s Certificate detailing the applicable expenses to which the requested disbursement relates and attesting that such expense shall be paid with the requested disbursement).

• In addition to committing to only using funds for the Expense Funds, Administrative Costs and Approved Purposes, both Parties will agree to utilize a percentage of funds for the core strategies highlighted in Exhibit A.

• The bond resolutions require that if the Debt Service and Expense Funds or the Revenue Funds of a bond issue are not sufficient to provide for interest or principal and sinking fund requirements of that issue that funds be transferred from the Debt Service Reserve Fund to cover any deficiency.

• The bond resolutions require that if the Debt Service and Expense Funds or the Revenue Funds of a bond issue are not sufficient to provide for interest or principal and sinking fund requirements of that issue that funds be transferred from the Debt Service Reserve Fund or the Bond Reserve Fund to cover any deficiency.

• Provided no Event of Default shall have occurred and be continuing, Lender shall, or shall direct Servicer to, disburse Operating Expense Funds to Borrower out of the Operating Expense Account promptly following each Payment Date for the payment of Approved Operating Expenses at the Property and any Extraordinary Expenses requested by Borrower and approved by Lender in accordance with the terms hereof in each case for the applicable monthly period.

More Definitions of Expense Funds

Expense Funds has the meaning set forth in Section 3.1(c)(iii) below.

Expense Funds has the meaning given in Section 2.4.

Expense Funds means an amount equal to two-hundred and fifty thousand dollars ($250,000).

Expense Funds shall have the meaning set forth in Section 24(d) hereof.

Expense Funds means an amount equal to two-hundred and fifty thousand dollars ($250,000). “FDA” means the United States Food and Drug Administration, or any successor agency thereto.

Expense Funds as defined in Section 7.4(b).

Expense Funds as defined in Section 7.4(b). “Expenses”--shall mean those fees and expenses actually incurred by a party in connection with this Agreement and the transactions contemplated hereby, including fees and expenses of outside counsel, investment bankers, accountants, experts, consultants and other representatives. “Facilities”--any real property, leasehold or other interest in real property currently operated by such Person, including the Tangible Personal Property used or operated by such Person.