Common use of Expenditures by Company Clause in Contracts

Expenditures by Company. The Company shall, upon the direction of the Member(s), pay compensation for accounting, administrative, legal, technical and management services rendered to the Company. The Member(s) shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them on behalf of the Company, which shall be made out of the funds of the Company.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Hydratight Operations, Inc.), Limited Liability Company Agreement (Hydratight Operations, Inc.), Limited Liability Company Agreement (Microdyne Corp)

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Expenditures by Company. The Company shall, upon the direction of the Member(s)Member, pay compensation for accounting, administrative, legal, technical and management services rendered to the Company. The Member(s) Member shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them it on behalf of the Company, which shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Hydratight Operations, Inc.)

Expenditures by Company. The Company shall, upon the direction of the Member(s), shall pay compensation for accounting, administrative, legal, technical technical, and management services rendered to the Company. The Member(s) Managers and the Member shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them on behalf of the Company, which reimbursement shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Multiband Field Services Inc)

Expenditures by Company. The Company shall, upon the direction of the Member(s)Member, pay compensation for accounting, administrative, legal, technical and management services rendered to the Company. The Member(s) Member shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them on behalf of the Company, which shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Operating Agreement (Dardel Technologies E U R L)

Expenditures by Company. The Company shall, upon the direction of the Member(s), shall pay compensation for accounting, administrative, legal, technical and management services rendered to the Company. The Member(s) Managers and the Member shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them on behalf of the Company, which reimbursement shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Company Agreement (CST Metro LLC)

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Expenditures by Company. The Company shall, upon the direction of the Member(s), shall pay compensation for accounting, administrative, legal, technical technical, and management services rendered to the Company. The Member(s) Member shall be entitled to reimbursement by the Company for any expenditures necessarily and reasonably incurred by them it on behalf of the Company, which reimbursement shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Company Agreement (Abraxas Energy Partners LP)

Expenditures by Company. The Company shall, upon the direction of the Member(s)Member, pay compensation for accounting, administrative, legal, technical and management services rendered to the Company. The Member(s) Member shall be entitled to reimbursement by the Company for any expenditures expenditure necessarily and reasonably incurred by them it on behalf of the Company, which shall be made out of the funds of the Company.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Microdyne Corp)

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