Purchase Expenses definition

Purchase Expenses means brokerage commissions, transfer taxes and other charges or expenses on the purchase of Shares.
Purchase Expenses means, with respect to an Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement), the lesser of (a) the maximum estimated expenses to be incurred in connection with the purchase of an Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement), as set forth in the related Borrowing Request, or (b) the sum of (i) any brokers' fees incurred in connection with acquisition of an Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement), not to exceed one percent (1%) of the proposed purchase price for such Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement) and (ii) the out-of-pocket legal costs and expenses incurred by the Borrower and the Lender in connection with the negotiation, preparation and consummation of the related Purchase Agreement, the closing of the purchase by the Borrower of such Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement) and the making of the Loan or Loans secured by such Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement) and (iii) out-of-pocket costs and expenses incurred by the Borrower in connection with its due diligence investigation of the Asset Pool (or the applicable portion of an Asset Pool in connection with a Forward Flow Purchase Agreement), but only to the extent such costs and expenses have been included in a due diligence budget submitted to and approved by the Lender in advance.
Purchase Expenses means, with respect to an Asset Pool, the lesser of (a) the maximum estimated expenses to be incurred in connection with the purchase of such Asset Pool, as set forth in the related Borrowing Request, or (b) the sum of (i) any brokers’ fees incurred in connection with acquisition of such Asset Pool, not to exceed one percent (1%) of the proposed purchase price for such Asset Pool and (ii) the out-of-pocket legal costs and expenses incurred by the Borrower and the Lender in connection with the negotiation, preparation and consummation of the related Purchase Agreement, the closing of the purchase by the Borrower of such Asset Pool and the making of the Loan related to such Asset Pool; provided, however, without the Borrower’s written approval, the maximum amount of such out-of-pocket legal costs and expenses incurred by Lender which will qualify as “Purchase Expenses” shall not exceed $20,000 for the initial Asset Pool purchased by the Borrower and $10,000 for each subsequent Asset Pool, and (iii) out-of-pocket costs and expenses incurred by the Borrower in connection with its due diligence investigation of such Asset Pool, but only to the extent such costs and expenses have been included in a due diligence budget submitted to and approved by the Lender in advance.

Examples of Purchase Expenses in a sentence

  • On the Business Day immediately preceding a Borrowing Date for the purchase of a portion of an Asset Pool under a Forward Flow Purchase Agreement, the Borrower shall transfer to the Lender the Borrower's Asset Pool Equity Contribution for such portion of the Asset Pool to be purchased on such Borrowing Date net of all Purchase Expenses paid or incurred by the Borrower with respect to such portion of the Asset Pool to be purchased on such Borrowing Date.

  • The Subcapitated/Block Purchase Expenses used in this reconciliation are reported by the Contractor through quarterly financial reports in the format required by AHCCCS.

  • This has been included in the September Quarterly Budget Review and it is proposed that it be funded within the current budget allocations.• 2020-1411-0000 Voluntary Purchase Grant $ 411,429• 2020-2340-0000 Voluntary Purchase Expenses $ 480,000$ 68,571Labourer Position Parks and Urban Maintenance, The RockThere is a separate report, Item 8, in this agenda for an additional Parks and Urban Maintenance labourer at The Rock.

  • Table C2-5 shows the 2013 projections and 2014 forecast of Power Purchase Expenses.

  • Sellers and Xxxxxxxxx agree to work together to develop within two (2) days prior to Closing a mutually agreeable funds flow that reflects the Closing Payment (i.e., the Purchase Price), the Purchase Expenses and any other payments to be made directly out of the Closing Payment.


More Definitions of Purchase Expenses

Purchase Expenses means brokerage commissions, transfer taxes and other charges or expenses on the purchase of BPY Units;
Purchase Expenses means, as to each Home, the Project Expenses for the Eligible Project Expense Items listed under the heading “Purchase Expenses” in Section 6.2 of this Agreement.
Purchase Expenses means, with respect to an Asset Pool, the lesser of (a) the maximum estimated expenses to be incurred in connection with the purchase of an Asset Pool, as set forth in the related Accepted Borrowing Request, or (b) the sum of (i) any brokers' fees incurred in connection with acquisition of an Asset Pool, not to exceed one percent (1%) (or such higher percentage as the Lender, in its sole discretion, shall agree to in writing) of
Purchase Expenses means, with respect to an Asset Pool, the lesser of (a) the maximum estimated expenses to be incurred in connection with the purchase of an Asset Pool, as set forth in the related Borrowing Request, or (b) the sum of (i) any brokers' fees incurred in connection with acquisition of an Asset Pool, not to exceed one percent (1%) of the proposed purchase price for such Asset Pool, and (ii) the out-of-pocket legal costs and expenses incurred by the Borrower or the Lender in connection with the negotiation, preparation and consummation of the related Purchase Agreement, the closing of the purchase by the Borrower of such Asset Pool and the making of the Loan or Loans secured by such Asset Pool. In no event shall Purchase Expenses include any expenses incurred in connection with any due diligence review of an Asset Pool by the Borrower, the Servicer or the Lender.
Purchase Expenses means, with respect to an Asset Pool, the lesser of (a) the maximum estimated expenses to be incurred in connection with the purchase of an Asset Pool, as set forth in the related Accepted Borrowing Request, or (b) the sum of (i) any brokers' fees incurred in connection with acquisition of an Asset Pool, not to exceed one percent (1%) (or such higher percentage as the Lender, in its sole discretion, shall agree to in writing) of the proposed purchase price for such Asset Pool and (ii) the out-of-pocket legal costs and expenses incurred by the Borrower and the Lender in connection with the negotiation, preparation and consummation of the related Purchase Agreement, the closing of the purchase by the Borrower of such Asset Pool and the making of the Loan or Loans secured by such Asset Pool and (iii) out-of-pocket costs and expenses incurred by the Borrower in connection with its due diligence and analysis investigation of the Asset Pool, but only to the extent an estimate of such costs and expenses were disclosed in the Accepted Borrowing Request.
Purchase Expenses means all expenses incurred in connection with the purchase of outstanding shares of Common Stock for delivery under the Plan pursuant to Section 5.5.
Purchase Expenses means all expenses incurred in connection with the purchase of outstanding ADRs for delivery under the Plan pursuant to Section 5.5.