Additional Reimbursements Clause Samples
The "Additional Reimbursements" clause defines the circumstances under which one party is entitled to receive payment for expenses beyond those initially agreed upon in the contract. Typically, this clause outlines the types of extra costs that may be reimbursed, such as travel, materials, or unforeseen project-related expenses, and may require prior approval or documentation. Its core practical function is to ensure that parties are fairly compensated for necessary out-of-pocket costs incurred during the performance of their contractual obligations, thereby preventing disputes over unexpected expenditures.
Additional Reimbursements. If, subsequent to final payment and at the Owner’s request, the Construction Manager incurs costs described in Section 6.1 and not excluded by Section 6.2, (1) to correct nonconforming Work or (2) arising from the resolution of disputes, the Owner shall reimburse the Construction Manager such costs and the Construction Manager’s Fee, if any, related thereto on the same basis as if such costs had been incurred prior to final payment, but not in excess of the GMP. If the Construction Manager has participated in savings, the amount of such savings shall be recalculated and appropriate credit given to the Owner in determining the net amount to be paid by the Owner to the Construction Manager.
Additional Reimbursements. KURA shall reimburse City for costs associated with engineering or other technical services associated with KURA funded projects. KURA shall provide reimbursement for the costs of systems and technology to support administrative functions. Such costs shall be identified and approved by the KURA Board as part of the annual budgeting process.
Additional Reimbursements. Bank or Company shall also reimburse Executive for the following expenses incurred by him during the Term:
a. Country club membership, at full equity membership level, and monthly dues (including minimum mandatory periodic expenditures) up to One Thousand dollars ($1,000) per month; provided, that (i) Executive’s country club membership fees shall not be reimbursed hereunder unless at least 75% of the amounts paid for membership (other than monthly dues) are fully refundable to Executive by such country club upon the termination of Executive’s membership at such country club, with Executive having provided reasonably satisfactory evidence to Bank and Company of the refundable nature of such country club membership fees, (ii) reimbursement for country club membership (other than monthly dues) shall not exceed One Hundred Thousand dollars ($100,000), and (iii) upon the termination of Executive’s membership with any country club for which Executive has received reimbursement hereunder or the termination of Executive’s employment with Bank and Company, Executive shall promptly remit to Bank and Company all amounts refunded to him (or in the case of a termination of employment, the amount that would be refundable to him at the time of such termination if he terminates the country club membership then) by any country club for membership fees;
b. Reasonable health club membership dues and, if necessary, initiation fees;
c. Reasonable costs charged by a professional mover for moving Executive’s and his family’s tangible personal property (such as household furniture and personal effects) from their current residence to their new residence provided, that, Executive shall obtain at least two (2) estimates from professional movers;
d. Once weekly round-trip airfare between Southern California and Northern California during the first 180 (180) days of the Term; and
e. Reasonable expenses for a hotel or other accommodation for up to the first 180 (180) days during the Term while relocating.
Additional Reimbursements. Tenant shall pay all Additional Reimbursements that are payable to Landlord within 30 days after Tenant is billed for such amount, unless a different time period is specified in this Lease.
Additional Reimbursements. The Parties agree that during the Transitional Services Period, SRC will maintain the workers compensation insurance with respect to the Service Employees, and after the Conversion Date, SHO will maintain such insurance. In the event that SRC is unable to recoup or obtain a refund of excess premiums from its insurance carrier (after diligently seeking to do so), with respect to workers compensation coverage for the Service Employees that extends beyond the Conversion Date, the SHO shall reimburse SRC for such excess premiums.
Additional Reimbursements. ▇▇. ▇▇▇▇▇▇▇▇ shall be reimbursed for additional expenses incurred in the performance of his duties, including but not limited to the cost(s) of statutory bonds, professional certification, association membership dues, subscriptions, and other similar expenses as approved by the Executive Director and Board. Reimbursement shall be made upon the presentation of reasonably detailed statements of such expenses.
Additional Reimbursements. During the Term, Company shall reimburse Executive for (i) reasonable monthly payments for initiation fees and monthly dues incurred by Executive for any membership at country club(s) which have reciprocity in Dallas, Texas, (ii) up to $10,000 per annum for tax preparation, estate planning and advice in connection therewith by an accountant selected by Executive, and (iii) up to $6,000 per annum for an annual physical examination by a physician selected by Executive.
Additional Reimbursements. The Company will reimburse Employee, promptly upon presentation of paid receipts and/or bills therefor, for Employee's moving costs, temporary living expenses, closing costs associated with the sale of his current home and up to One Thousand Five Hundred Dollars ($1,500) of the actual closing costs for the
Additional Reimbursements. IFRA shall reimburse City for costs associated with engineering or other technical services associated with IFRA funded projects. IFRA shall provide reimbursement for the costs of systems and technology to support administrative functions. Such costs shall be identified and approved by the IFRA Board as part of the annual budgeting process.
Additional Reimbursements a. In lieu of reimbursement under Employer’s relocation policy for the cost of selling his home in Perth, Australia, Employer will pay Executive a maximum amount of $400,000 to account for Executive’s loss (if any) relating to the sale of Executive’s personal residence in Denver, Colorado, USA following Executive’s separation from service with Employer. The amount of loss (if any) will be calculated relative to Executive’s initial purchase price for the personal residence. Reimbursement will be made no later than the end of the calendar year following the calendar year in which Executive separates from service.
b. In the event that Executive’s personal residence in Denver, Colorado, USA is not sold after being listed with a realtor for 6 months, then Employer will purchase such personal residence at its then fair market value (determined as the average of two independent appraisals, one obtained by Executive and one by Employer), and Employer will in addition pay Executive the amount of loss (if any) calculated as described in the previous paragraph (a) no later than the end of the calendar year following the calendar year in which Executive separates from service.
c. Except as provided above, Executive is entitled to additional relocation benefits in accordance with Employer’s relocation policy.