Common use of Company Expenses Generally Clause in Contracts

Company Expenses Generally. The Company shall pay or shall reimburse the Operating Member for the following expenses (collectively, the “Company Expenses”): (i) The charges and expenses of maintaining the Company’s bank accounts or of any banks, custodians or depositories appointed for the safekeeping of the Company assets, including the costs of bookkeeping and accounting services; (ii) Amounts that the manager of the Operating Member reasonably charges or allocates to the Company for administering the Company, including maintaining the Company’s general lxxxxx, investment reporting, tax reporting and the preparing financial statements; (iii) All costs incurred by the Operating Member or an affiliate thereof that are related to the Company’s operations, taxes, fees of auditors and counsel, insurance, litigation expenses, expenses associated with the preparation and distribution of reports to Members, and any extraordinary expenses related to providing the services required under this Agreement; and (iv) All other expenses not specifically provided for in this Section 13 which are incurred by the Operating Member or an affiliate in connection with operating the Company, or performing the duties of the Operating Member under this Agreement.

Company Expenses Generally. The Company shall pay or shall reimburse the Operating Member for the following expenses (collectively, the “Company Expenses”): (i) The charges and expenses of maintaining the Company’s bank accounts or of any banks, custodians or depositories appointed for the safekeeping of the Company assets, including the costs of bookkeeping and accounting services; (ii) Amounts that the manager of the Operating Member reasonably charges or allocates to the Company for administering the Company, including maintaining the Company’s general lxxxxxxxxxxx, investment reporting, tax reporting and the preparing financial statements; (iii) All costs incurred by the Operating Member or an affiliate thereof that are related to the Company’s operations, taxes, fees of auditors and counsel, insurance, litigation expenses, expenses associated with the preparation and distribution of reports to Members, and any extraordinary expenses related to providing the services required under this Agreement; and (iv) All other expenses not specifically provided for in this Section 13 which are incurred by the Operating Member or an affiliate in connection with operating the Company, or performing the duties of the Operating Member under this Agreement.