Ongoing Expenses. Means the monthly expenses of the Borrower incurred in its ordinary course of its business but excluding one-time expenses and/or equipment purchases which are classified for accounting as “Inventory”.
Ongoing Expenses has the meaning set forth in Section 4.3.1(b).
Ongoing Expenses means ongoing documented third-party fees and expenses paid, including all Periodic Expenses, or incurred in connection with: (i) any ongoing due diligence of the Sponsor and the transactions contemplated by the Loan Guarantee Agreement; (ii) the administration, preservation in full force and effect, enforcement and monitoring of the transactions contemplated by the Loan Guarantee Agreement throughout the term of the Loan Guarantee Agreement; (iii) any waiver, consent, amendment or modification to, or the preservation of any right or claim under the Program Documents; (iv) the administration, preservation and enforcement of the Program Documents and the Guarantor’s rights thereunder, including during any distressed asset scenario experienced by the Borrower or its affiliates or the Loan relating to technical, financial, or legal matters or other events; (v) any Permitted Refinancing; (vi) any Extraordinary Expenses; and (vii) any other fees or expenses not contemplated in the Loan Guarantee Agreement and incurred in the Guarantor’s reasonable discretion for the purposes of its ongoing involvement with respect to the transactions contemplated by the Loan Guarantee Agreement, in each case, such fees and expenses to include all fees and expenses of the Independent Engineer and other independent consultants and advisors (including legal counsel) retained at the Guarantor’s discretion.
Examples of Ongoing Expenses in a sentence
The Partnership shall be responsible for: Formation Expenses up to an amount equal to £[Amount] (excluding any VAT thereon); Ongoing Expenses up to a maximum amount of £[Amount] (excluding any VAT thereon); Abort Costs (to the extent not borne by or recovered from the proposed investee company or any third party); and for the avoidance of doubt, VAT in respect of any of the foregoing.
More Definitions of Ongoing Expenses
Ongoing Expenses means all direct expenses incurred by or on behalf of the Company in connection with administering the Company and carrying on its business, including all legal and accounting fees, but excluding the Organizational Expenses.
Ongoing Expenses the reasonable and proper costs and expenses of the Partnership being:-
Ongoing Expenses the reasonable and proper administrative costs of the Partnership including: the costs of printing and circulating reports and notices, including the costs of providing tax information to investors; auditors' fees and costs and expenses associated with the preparation and/or submission of the Partnership's tax returns; bank charges and borrowing costs; custodians', depositaries and valuers' fees and expenses; and costs and expenses of the Partnership in respect of complying with laws and regulations including any required authorisation and compliance with the AIFMD and/or the UK AIFMD (but not including, for the avoidance of doubt, the Managers' own internal costs including the costs of application to the FCA to be authorised as an AIFM and its required capital under the AIFMD and/or the UK AIFMD) and including compliance with any Tax Information Arrangement, stamp duties, but excluding, for the avoidance of doubt, any expenses of the Manager in connection with the management of the Partnership “Other Fees” all fees (other than Transaction Fees, Investment Related Fees, Abort Fees or Co-investment Payments) received by the General Partner, the Manager and/or any of their Associates including arising out of the making of any Investment by the Partnership corporate finance fees, advisory fees, fees received in respect of placement, and fees relating to arrangement and origination of secondary transactions for sale of portfolio investments “Outstanding Loan” in relation to an Investor, the amount of its Loan Commitment which, at the relevant time, has been drawn down and has not been repaid (or deemed to be repaid) in accordance with clauses 12.1, 12.12, 12.16 or 15
Ongoing Expenses means any payable taxes, fees due to service providers of the Issuer (including, but not limited to, the Corporate Services Provider, the Auditors, NGM and the CSD), and any other fees, duties, costs and expenses incurred by the Issuer in relation to its
Ongoing Expenses means the expenses of a faction, other than election expenses;
Ongoing Expenses means the payments listed in Section 3.07(b) and 3.08(a) through (d)hereof.
Ongoing Expenses shall include expenses related to any Interim Executive’s provision of services to CD, including hotel, airfare (business class if international), car rental, and other expenses invoiced at actual cost. At the request of RD from time to time, CD shall pay to RD an advance of such Ongoing Expenses on a monthly basis. Whenever possible, CD shall directly book airfare and hotel for the Interim Executive.