Sums Payable definition

Sums Payable. Together the:- Agreement Fee Commuted Sum Deposited Sum; and Legal Fees “Works” the alteration of the existing publicly maintained highway as described in Schedule B and illustrated on the Approved Drawings The Development: Brief description of the planning application Address: Planning application reference number: Approved Drawing reference number Full Description of the Works: as illustrated on the Approved Drawings together with any other ancillary works reasonably required by the Director.
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Sums Payable. In addition to the "Minimum Rent" and "Common Area Payment" hereinbefore expressly reserved, the LESSEE further agrees to pay to LESSOR for each lease year of said lease term (or as otherwise provided) the following sums: A. SECURITY DEPOSIT - LESSEE shall pay to LESSOR the sum of ____________________________ Dollars ($__________), to be held by LESSOR without interest as security for the performance by LESSEE of LESSEE'S covenants and obligations under this Lease, it being expressly understood that such deposit may be commingled with LESSOR'S other funds and is not an advance payment of rental or a measure of LESSOR'S damages in case of default by LESSEE. Upon the occurrence of any event of default by LESSEE, LESSOR may, from time to time, without prejudice to any other remedy provided herein or by law, use such fund to the extent necessary to make good any arrearage of rentals and any other damage, injury, expense or liability caused to LESSOR by such event or default, and LESSEE shall pay to LESSOR on demand the amount so applied in order to restore the security deposit to its original amount. If LESSEE is not then in default hereunder, any remaining balance of such deposit shall be returned by LESSOR to LESSEE within thirty (30) days after termination of this lease. B. TAXES ON BUILDING - A prorata share of any and all real estate taxes and assessments, both general and special ("Taxes"), attributable to and imposed upon the building within which the leased premises is contained or of which same is a part (inclusive of the land beneath said building) becoming due and payable semi-annually as provided for under subparagraph D. below. Such Taxes shall also include the ________________ County annual disposal service charge applicable to the premises referenced in Clause 13.B. below, if such charge shall be added to LESSOR'S tax ▇▇▇▇ for the Shopping Center. Such prorata share of Taxes (excluding the above disposal service charge which shall be determined separately in accordance with Exhibit "D" attached hereto) due and payable by LESSEE shall be determined by multiplying the total sum thereof by a fraction, the numerator of which shall be the total number of square feet contained within said leased premises and the denominator of which shall be and consist of the total number of square feet of leaseable storeroom space contained within said building. C. TAXES ON COMMON AREA - A prorata share of said Taxes attributable to and imposed upon the Common Area ...
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Examples of Sums Payable in a sentence

  • For purposes of this Section 2.07, "Sums Payable Hereunder" shall mean amounts payable by the Fund hereunder, whether of fees, expenses or otherwise (but excluding any sums payable with respect to VRDP Shares of liquidation preference or dividends whether in connection with a Failed Remarketing Condition —Purchased VRDP Shares Redemption or otherwise).

  • For purposes of this Section 2.07, "Sums Payable Hereunder" shall mean amounts payable by the Fund to the Liquidity Provider hereunder (or under any agreement referenced herein or part of a common transaction herewith, whether of fees, expenses or otherwise (but excluding any sums payable with respect to VRDP Shares of liquidation preference or dividends whether in connection with a Failed Remarketing Condition —Purchased VRDP Shares Redemption or otherwise).

  • In each such case (a) every reference to the Obligations and the Sums Payable shall, for the purposes of the liabilities of the Seller's Guarantor under this clause 12, be construed as if there were no such circumstance and (b) where such case involves the making of any such compromise or arrangement and any part of the Obligations are transferred to any other person, the provisions of clauses 12.2 to 12.5 shall, in addition, be construed as if the expression "Seller" included such other person.

  • Purchaser agrees to pay all sums included in the Estimate of Additional Sums Payable set forth in Section 3.3 (subject to adjustment for actual fees payable as determined at Closing), which sums are in addition to and are not part of the Purchase Price.

  • Purchaser will also pay to Escrow at the time and in the manner described in Sections 3.2 and 3.3, any cash payment required on account of the balance of the Purchase Price and all sums included in the Estimate of Additional Sums Payable.

  • If the amount of the Mortgage Loan is less than the Final Payment plus the Estimate of Additional Sums Payable, or if the above-referenced appraisal for the Property is less than the Purchase Price, Purchaser agrees to provide evidence or other verification to Seller, from time to time as requested by Seller’s Lender, that Purchaser is financially capable of making such additional payment.