Ongoing Expenses definition

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”.

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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 Ongoing Expenses shall be divided among the Manager and the Alternative Managers in amounts proportionate to the aggregate offering price of Shares sold by the Manager and the Alternative Managers under this Agreement and the Alternative Distribution Agreements, after taking into account the amount of Ongoing Expenses actually paid by the Manager and the Alternative Managers, and shall be due and payable by the Company to the Managers within five (5) business days of the Determination Date.

• 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.

• In determining the amount of cash which shall be available for distribution pursuant to the provisions of this Clause 6.4, the General Partner may first apply any Income and Capital Proceeds in respect of each (and every) Investment in paying the expenses and liabilities of the Partnership (which shall include any Ongoing Expenses and any Preliminary Expenses which become payable by the Partnership in accordance with Clause 5.9.

• Agreement of Holdings to Pay Ongoing Expenses of the Company............................

• The Partnership shall be responsible for the Ongoing Expenses and Establishment Costs but shall not bear any other costs and expenses, including, without limitation, costs and expenses incurred in relation to the monitoring of Portfolio Companies, including costs relating to the appointment of any directors to the boards of Portfolio Companies (“GP Costs”).

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 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 the reasonable and proper costs and expenses of the Partnership being:-

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 daily and continuing management.

Ongoing Expenses means the expenses of a faction, other than election expenses;

Ongoing Expenses. The Borrower shall pay to the CDEs any state or local taxes or other charges, including income, withholding or gross receipts tax, imposed on the CDEs as an entity as a result of the QLICI, excluding any state or local taxes that when paid by the CDE are allowed as a credit against amounts otherwise due by CDE's members or are otherwise to be paid by CDE's members, the Investor or an affiliate, including but not limited to as a result of the filing of a consolidated or unified tax return with the Investor or an affiliate. Extraordinary Expenses: CDE Reporting Requirements: QALICB Reporting Requirements:

Ongoing Expenses the following operating and administration costs and expenses of the Partnership: