Routine Expenses definition

Routine Expenses means the following expenses:

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Routine Expenses means fees, charges, costs and expenses of retained legal and investigative personnel, excluding employees, that are incurred in rescinding a policy, contesting a policy or litigating a claim. The term "non-routine expenses" of the contest shall mean any penalties, attorney's fees and interest imposed automatically by statute against the Ceding Company which arise solely out of any judgment rendered against the Ceding Company in a suit for policy benefits. However, "non-routine expenses" shall not include extra-contractual damages. Notwithstanding the foregoing definitions, the Reinsurer shall not be liable for any office expenses or salaries or expenses of employees of the Ceding Company, or of any subsidiary or affiliate of the Ceding Company, incurred in connection with the administration of the business reinsured pursuant to this Agreement or the disposition of a claim, loss or legal proceeding (including investigation, negotiation, legal expenses and court costs).

Routine Expenses means the costs (including but not limited to professional fees and expenses) incurred by the Lender to monitor the Companies' compliance with the Agreement, or the status of the Servicing Rights Portfolio, or acquisition of Mortgage Companies or mortgage servicing portfolio, in the absence of an Event of Default.

Examples of Routine Expenses in a sentence

Routine Expenses: Routine expense such as photocopying, postage, travel, office supplies, secretarial or other staff services, transcripts of witness interviews or any other type of expense that involves the general cost of doing business and other operating expenses are not reimbursed by the County and are a personal expense of the attorney.
Routine Expenses: Routine expense such as photocopying, postage, travel, office supplies, secretarial or other staff services, transcripts of witness interviews or any other type of expense that involves the general cost of doing business and other operating expenses are not reimbursed by the Court and are a personal expense of the attorney.
In addition to the attorneys' fees discussed in paragraph 2, certain routine expenses will be incurred on your behalf ("Routine Expenses").
Routine Expenses include (as illustrations) courier charges and express mail charges, filing fees, recording costs, court reporter costs (including the costs of transcripts and court reporter's fee for attendance), court costs (such as filing fees, service of process, subpoena costs, witness fees, etc.), mediator fees, accounting and appraisal fees, expert fees and expenses, trial/hearing exhibit costs and investigation costs, will be itemized and billed to you.
As used herein, the costs for the Lender's Authorized Agent incurred by the Lender to monitor the Borrowers, compliance with this Agreement, in the absence of an Event of Default, are referred to as "Routine Expenses." These shall include but not be limited to review of financial statements, review of certificates delivered hereunder, and review of ongoing compliance by the Borrowers with the requirements of this Agreement.
Carrier shall be entitled to incur reasonable Non Routine Expenses in its sole discretion, and shall not be required to seek the approval of, or provide advance notice to, the Shippers prior to incurring such Non Routine Expenses or taking actions related thereto, provided, however, Carrier shall provide the Shippers with reasonable notice after becoming aware of significant Unforeseen Events and shall notify the Shippers of the nature, amount, duration and timing of significant Non Routine Expenses.