Common use of Due Diligence Visits Clause in Contracts

Due Diligence Visits. MANAGER shall reimburse SERS for its reasonable and actual travel expenses, if any, not to exceed $5,000 per year, in connection with visits by SERS personnel to conduct due diligence reviews of the services performed or to be performed by MANAGER under this Agreement. Any amount reimbursed for such due diligence visits shall not affect or increase or decrease the compensation to be paid by SERS to MANAGER as computed in Exhibit C of this Agreement. Reimbursable expenses shall include travel-related expenses incurred in accordance with the Commonwealth Management Directive 230.10, as revised, or SERS Travel Policy, as adopted.

Appears in 2 contracts

Samples: Management Agreement, Management Agreement

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Due Diligence Visits. MANAGER shall reimburse reimburse.SERS for its reasonable and actual travel expenses, if any, not to exceed $5,000 per year, in connection with visits by SERS personnel to conduct due diligence reviews of the services performed or to be performed by MANAGER under this Agreement. Any amount reimbursed for such due diligence visits shall not affect or increase or decrease the compensation to be paid by SERS to MANAGER as computed in Exhibit C of this Agreement. Reimbursable expenses shall include travel-related expenses incurred in accordance with the Commonwealth Management Directive 230.10, as revised, or SERS Travel Policy, as adopted.

Appears in 1 contract

Samples: Management Agreement

Due Diligence Visits. MANAGER shall reimburse SERS for its reasonable and actual travel expenses, if any, not to exceed $5,000 per year, in connection with visits by SERS personnel to conduct due diligence reviews of the services performed or to be performed by MANAGER under this Agreement. Any amount reimbursed for such due diligence visits shall not affect or increase or decrease the compensation to be paid by SERS to MANAGER as computed in Exhibit C of this Agreement. Reimbursable expenses shall include travel-related expenses incurred in .in . accordance with the Commonwealth Management Directive 230.10, as revised, or SERS Travel Policy, as adopted.

Appears in 1 contract

Samples: Management Agreement

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Due Diligence Visits. MANAGER shall reimburse SERS for its reasonable and actual travel expenses, if any, not to exceed $5,000 per year, in connection with visits by SERS personnel to conduct due diligence reviews of the services performed or to be performed by MANAGER MANAGE~ under this Agreement. Any amount reimbursed for such due diligence visits shall not affect or increase or decrease the compensation to be paid by SERS to MANAGER MANAGER-as computed in Exhibit C of CO[ this Agreement. Agreement .. Reimbursable expenses shall include travel-related expenses incurred in accordance with the Commonwealth Management Directive 230.10, as revised, or SERS Travel Policy, as adopted.

Appears in 1 contract

Samples: Management Agreement

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