Common use of Accounting, Reimbursement and Fee Clause in Contracts

Accounting, Reimbursement and Fee. (a) The Westlake Parties shall keep a full and complete account of all Expenditures incurred by them in connection with the performance of the Shared Services and the Operating Services in the manner set forth in the Accounting Procedures, and shall otherwise keep a full and complete account of all accounts that Owner is required to maintain (except accounts required for Owner’s investors), or that are otherwise contemplated, under this Agreement. (b) The Westlake Parties shall be reimbursed by Owner for Expenditures and Capital Expenditures incurred by the Westlake Parties in the performance of the Shared Services and the Operating Services, in accordance with the Accounting Procedures; provided, Owner shall not be required to reimburse the Westlake Parties for (i) Expenditures arising out of claims for non-payment of any and all contributions, withholding deductions or taxes measured by the wages, salaries or compensation paid to Persons employed by the Westlake Parties or any of their Affiliates in connection herewith or (ii) Expenditures for which the Westlake Parties are required to provide indemnification to Owner pursuant to Section 15.1.