Compensation, Reimbursement, Organization Expenses. The Manager shall not be entitled to compensation from the Company for services rendered to the Company as such. Upon the submission of appropriate documentation the Manager shall be reimbursed by the Company for reasonable out-of-pocket expenses incurred on behalf, or at the request, of the Company.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Macquarie Infrastructure CO LLC), Limited Liability Company Agreement (Macquarie Infrastructure Assets Trust), Limited Liability Company Agreement (Macquarie Infrastructure Assets Trust)
Compensation, Reimbursement, Organization Expenses. The No Member or Manager shall not be entitled to compensation from the Company for services rendered to the Company as suchin such capacity. Upon the submission of appropriate documentation the each Manager shall be reimbursed by the Company for reasonable out-of-pocket expenses incurred by such Manager on behalf, behalf of the Company or at the Company's request, of the Company.
Appears in 1 contract
Samples: Operating Agreement (Tb Woods Corp)
