Protection Expenses definition
Examples of Protection Expenses in a sentence
Hazard Insurance Policies; Property Protection Expenses 31 Section 5.05.
Any advances made towards Property Protection Expenses and/or Property Improvement Expenses shall be deemed to be Servicing Advances.
Amounts required to be deposited into the Escrow Account and (unless otherwise provided in Article XII) amounts in the nature of prepayment charges, late payment charges, assumption fees, excess interest paid by Mortgagors and other fees and proceeds of reimbursements of Property Protection Expenses received with respect to Mortgage Loans need not be deposited by the Servicer in the Collection Account.
Hazard Insurance Policies; Property Protection Expenses 32 Section 5.05.
Servicer shall advance Property Protection Expenses and/or Property Improvement Expenses; provided, however, that Servicer shall not be obligated to make any advance if Servicer determines in its reasonable judgment that such advance will be a Non-Recoverable Advance.
Beginning [*****] after the Effective Date, or [*****] before the filing of the non-provisional application of a Licensed Patent, whichever is earlier and during the Term and with respect to the Licensed Patents, other than Disclaimed Licensed Patents, the Licensee will be financially responsible for the payment of all Protection Expenses incurred after the Effective Date.
Collateral Protection Expenses; Appraisals.......................9 2.11.
The Servicer shall be reimbursed for Property Protection Expenses incurred by it out of the related Liquidation Proceeds.
The Licensee may, at any time during the Term, provide at least [*****] written notice to UABRF that it no longer wishes to be responsible for the Protection Expenses in connection with one or more Licensed Patents.
Hazard Insurance Policies; Property Protection Expenses 35 Section 5.05.