Financing Expenses definition
Examples of Financing Expenses in a sentence
For the avoidance of doubt, all Holdings Financing Expenses shall be deemed to be expenses of the WCAS Subs, irrespective of the party incurring such expenses and irrespective of whether or not the Closing occurs.
In the event that the transactions contemplated hereby are consummated, Holdings shall bear all Holdings Financing Expenses.
Provided no Event of Default has occurred and is continuing, Tenant may, within fifteen (15) days following receipt of such Landlord Initiated Finance Notice or, if later, within fifteen (15) days following receipt by Tenant of Landlord's statement of the actual Financing Expenses, elect by written notice (the "Finance Election Notice") to Landlord to share in the Interest Savings (as defined below).
In the event that, at the time the Finance Election Notice is given, the closing of the financing has occurred, then, to be effective, the Finance Election Notice shall be accompanied by payment by Tenant to Landlord of an amount equal to Tenant's Share of the Financing Expenses.
If the Landlord Initiated Finance Notice does not specify the actual Financing Expenses, Landlord shall, by written notice, advise Tenant of the actual Financing Expenses promptly following the establishment of the same.