Common use of CALCULATIONS OF EXPENSES Clause in Contracts

CALCULATIONS OF EXPENSES. Expenses incurred by the Manager on behalf of the Company shall be reimbursed quarterly to the Manager within 60 days after the end of each quarter. The Manager shall prepare a statement documenting the expenses of the Company and those incurred by the Manager on behalf of the Company during each quarter, and shall deliver such statement to the Company within 45 days after the end of each quarter.

Appears in 6 contracts

Samples: Management Agreement (Friedman Billings Ramsey Group Inc), Management Agreement (Healthcare Financial Partners Reit Inc), Management Agreement (Ocwen Asset Investment Corp)

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CALCULATIONS OF EXPENSES. Expenses incurred by the Manager on ------------------------ behalf of the Company shall be reimbursed quarterly to the Manager within 60 days after the end of each quarter. The Manager shall prepare a statement documenting the expenses of the Company and those incurred by the Manager on behalf of the Company during each quarter, and shall deliver such statement to the Company within 45 days after the end of each quarter.

Appears in 4 contracts

Samples: Management Agreement (Imperial Credit Commercial Mortgage Investment Corp), Management Agreement (Imperial Credit Commercial Mortgage Investment Corp), Management Agreement (Imperial Credit Commercial Mortgage Investment Corp)

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