Periodic Expenses definition
Periodic Expenses. All of the following amounts from time to time due under or in connection with the Loan Documents: (i) all recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Transaction Documents or the perfection of the security interests in the Collateral, (ii) all fees, charges, and expenses of any Independent Consultants of or to the Secured Parties, and (iii) all other fees, charges, expenses and other amounts (other than interest and principal on the DOE Guaranteed Loan) from time to time due under or in connection with the Loan Documents.
Periodic Expenses means all of the following amounts from time to time due under or in connection with the Financing Documents: (a) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Transaction Documents or the perfection of the security interests in the Collateral; (b) fees, charges, and expenses of any DOE Consultants; (c) other fees, charges, expenses and other amounts from time to time due under or in connection with the Financing Documents; and (d) DOE Extraordinary Expenses.
Periodic Expenses means all of the following amounts from time to time due under or in connection with the Program Documents or Securitization Documents: (i) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Program Document or Securitization Documents or the perfection of the security interests in the Collateral; (ii) fees, charges, and expenses of any Guarantor Consultants; (iii) other fees, charges, expenses and other amounts from time to time due under or in connection with the Program Documents or Securitization Documents; and (iv) Guarantor Extraordinary Expenses.
Examples of Periodic Expenses in a sentence
All obligations to pay real property or other taxes, assessments, insurance premiums, and all other fees and Periodic Expenses arising from the ownership, operation or occupancy of the Project and to perform all obligations under the agreements and contracts relating to the Project shall be the sole responsibility of the Borrower.
All Taxes and filing fees and Periodic Expenses that are due and payable in connection with the execution, delivery or recordation of the Deeds of Trust and the Financing Statements, or the execution, issuance and delivery of the FFB Promissory Note, or the mortgaging of the mortgaged property under the Deed of Trust, have been paid or satisfactory arrangements have been made with the relevant Credit Parties to satisfy such obligations.
The Loan Servicer shall have received, in form and substance satisfactory to each Relevant Credit Party, evidence that the Periodic Expenses of any Independent Consultants incurred and invoiced prior to the Financial Closing Date (other than Periodic Expenses not then due) have been paid in full.
All obligations to pay real property or other taxes, assessments, insurance premiums, and all other fees and Periodic Expenses arising from the ownership, operation or occupancy of the Project and to perform all obligations under the agreements and contracts relating to the Project shall be the sole responsibility of the Borrower and the other Owners (and, as between the Borrower and the other Owners, as provided in the Owner Documents).
All taxes and filing fees and Periodic Expenses that are due and payable in connection with the execution, delivery and filing or recordation of the Building Loan Agreement, the Mortgage and the Financing Statements, or the execution, issuance and delivery of the FFB Promissory Note, or the mortgaging of the mortgaged property under the Mortgage, have been paid or satisfactory arrangements have been made with the relevant Credit Parties to satisfy such obligations.
More Definitions of Periodic Expenses
Periodic Expenses means all of the following amounts from time to time due under or in connection with the Program Documents or the loan documents related to any Guarantee Issuance Agreement: (i) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Program Documents or the loan documents related to any Guarantee Issuance Agreement or the perfection of the security interests in the collateral; (ii) fees, charges, and expenses of any Guarantor Consultants; (iii) other fees, charges, expenses and other amounts from time to time due under or in connection with the Program Documents or the loan documents related to any Guarantee Issuance Agreement; and (iv) Extraordinary Expenses.
Periodic Expenses. All of the following amounts from time to time due under or in connection with the Loan Documents: (i) all recordation and other costs, fees and charges payable to third parties in connection with the execution, delivery, filing, registration, or performance of the Transaction Documents or the perfection of the security interests in the Collateral Security, (ii) all fees charges, and expenses of any Independent Consultants, legal counsel, accountants, and other advisors to the Credit Parties, (iii) all fees, charges and expenses of the Administrative Agent in all of its capacities, and (iv) all other fees, charges, expenses and other amounts from time to time due under or in connection with the Loan Documents.
Periodic Expenses means, with respect to any Payment Date, the ordinary, recurring fees and, in the case of the Issuer Margin, return (and not extraordinary, non-recurring fees, costs and expenses) that will be accrued and due on such Payment Date (including VAT thereon, if applicable), to the following persons (each a “Periodic Fee Party” and collectively, the “Periodic Fee Parties”): (i) the Servicer (which fee is limited to the Servicing Fee and any expenses incurred by the Servicer or Special Servicer in connection with any review (annual or otherwise) procedure in respect of the Borrowers or the Loans pursuant to the Servicing Agreement); (ii) the Note Trustee; (iii) the Operating Bank; (iv) the Principal Paying Agent; (v) the Agent Bank; (vi) the Irish Paying Agent; (vii) the Common Depository; (viii) the Cash Manager; (ix) the Issuer (only in respect of an amount equal to £1,500 per annum (the “Issuer Margin”)); (x) the Corporate Services Provider and (to the extent not covered by the fees payable to the Corporate Services Provider), the Issuer’s directors, advisors and accountants; (xi) the Rating Agencies; (xii) any stock exchange where the Notes are listed; (xiii) the document custodian (if any); and (xiv) the Registrar.
Periodic Expenses means all of the following amounts from time to time due under or in connection with the Program Documents or Series Securitization Documents: (i) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Program Document or Series Securitization Documents or the perfection of the security interests in the Collateral; (ii) fees, charges, and expenses of any Guarantor Consultants; (iii) other fees, charges, expenses and other amounts from time to time due under or in connection with the Program Documents or Series Securitization Documents; and (iv) Guarantor Extraordinary Expenses.
Periodic Expenses means all of the following amounts from time to time due under or in connection with the Financing Documents: (i) all recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Transaction Documents or the perfection of the security interests in the Collateral, (ii) all fees charges, and expenses of any Independent Consultants and (iii) all other fees, charges, expenses and other amounts from time to time due under or in connection with the Financing Documents, including fees payable to the Collateral Agent pursuant to a separate written agreement with the Collateral Agent, as the same may be amended from time to time.
Periodic Expenses means all of the following amounts from time to time incurred under or in connection with the Financing Documents: (a) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Financing Documents; (b) fees, charges, and expenses of any Consultants; and (c) other fees, charges, expenses and other amounts from time to time due under or in connection with the Financing Documents.
Periodic Expenses means all of the following amounts from time to time incurred under or in connection with the Financing Documents: (a) recordation and other costs, fees and charges in connection with the execution, delivery, filing, registration, or performance of the Financing Documents or the recordation of the Federal interest in the Trust Property; (b) fees, charges, and expenses of any Consultants; and (c) other fees, charges, expenses and other amounts from time to time due under or in connection with the Financing Documents. “Permitted Disposition” means: (a) any transaction permitted under the Financing Documents, including any Disposition of Product under any Customer Agreement; (b) any Disposition of any equipment or property (other than, until the date of release of the Federal Interest in the Trust Property pursuant to Section 6.8 (Release of Federal Interest Upon Merger Closing), Trust Property) of the Recipient that is: (i) obsolete; (ii) no longer used or useful in the operation of any Project; or (iii) replaced by other equipment or equal value and utility, and in all cases for which the (A) Recipient has received consideration in an amount equal to the value that would have been obtained in an arm’s length transaction with an unaffiliated third party (unless such assets only have scrap value); and (B) such Dispositions are valued at not more than [***] on an aggregate basis in any twelve (12) month period; and (c) any Disposition of Trust Property made in accordance with Section 6.3 (Dispositions of Trust Property). “Permitted Indebtedness” means, collectively: (a) Indebtedness incurred under the Financing Documents; (b) Indebtedness in respect of amounts due to trade creditors and accrued expenses, in each case arising in the ordinary course of business and on terms requiring payment in full in not more than [***], except as may be extended by up to an additional [***] by the relevant counterparty to the Recipient; (c) Indebtedness comprised of purchase money obligations or leases for discrete items of property (excluding Real Property) and equipment not comprising an integral part of any Project the amount of which does not exceed the cost of the equipment so financed in an aggregate amount not to exceed [***] and which are budgeted for in the then-applicable Construction and Tool Installation Budget; (d) Indebtedness arising under surety bonds, performance bonds or similar instruments which are required to be provided under the Major Project Documents ...