Expense Policy Sample Clauses

Expense Policy. During the Relevant Period, within 15 days after the conclusion of each calendar month, beginning with the month in which the Effective Date occurs, the Borrower shall deliver to the Lender a certification signed by a Responsible Officer of the Borrower that (i) the Expense Policy conforms to the requirements set forth herein; (ii) the Borrower and its Subsidiaries are in compliance with the Expense Policy; and (iii) there have been no material amendments to the Expense Policy or deviations from the Expense Policy other than those that have been disclosed to and approved by the Lender; provided that the requirement to deliver the certification referenced in this Section 5.2(l) may be qualified as to the best of such Responsible Officer’s knowledge after due inquiry and investigation; and

Expense Policy. During the Relevant Period, within 15 days after the conclusion of each calendar month, beginning with July 2009, the Borrower shall deliver to the Lender a certification signed by a Responsible Officer of the Borrower that (i) the Expense Policy conforms to the requirements set forth herein; (ii) the Borrower and its Subsidiaries are in compliance with the Expense Policy; and (iii) there have been no material amendments to the Expense Policy or deviations from the Expense Policy other than those that have been disclosed to and approved by the Lender; provided that the requirement to deliver the certification referenced in this Section 5.2(l) may be qualified as to the best of such Responsible Officer’s knowledge after due inquiry and investigation; and

Expense Policy. A policy relating to the manner in which costs and expenses of the directors, officers and employees of the JV Company are to be incurred and paid shall be prepared by the Representative Director, the initial policy and any amendments of which shall be unanimously approved by all members of the Board of Directors (the “Expense Policy”).

Expense Policy. The Expense Policy (as defined in the OEM Loan Agreement) maintained and implemented by the OEM pursuant to Section 7.19 of the OEM Loan Agreement is applicable to Borrower, and Borrower is in compliance therewith.

Expense Policy. 1. For each Ness Associate listed on Exhibit A who is assigned to work on internal Chordiant projects for a pre-determined period of more than three months, the Expense Policy set forth in Section 7 below will not apply. Chordiant will not reimburse Ness for the travel and lodging expenses of any Ness Associate assigned to an internal Chordiant project for a pre-determined period of more than three months. However, Chordiant may request Ness to have the Ness Associate relocate to a given location at Ness’s sole cost and expense. 2. For Ness Associates listed in Exhibit A assigned to an internal Chordiant project for a pre-determined period of less than three months, in addition to paying the hourly rates set forth above for each Ness Associate, Chordiant will reimburse Ness for the travel and lodging expenses of each Ness Associate. The Travel and Expense Policy set forth in Section 7 below will apply.

Expense Policy. Expenses must be proportionate to the compensatory measures. The Expense Policy must be in accordance with the applicable local and international laws, regulations and Codes of Conduct, in particular the European Federation of Pharmaceutical Industries and Associations (EFPIA) “Code of Practice”, and in accordance with the Ethical Rules for the Pharmaceutical Industry in Denmark. The Company shall either pay the above-mentioned expenses directly or reimburse the Partner. Where the Partner has incurred the expense directly, reimbursement will be made upon provision of satisfactory invoices/requests for payment and itemized receipts clearly detailing the nature of each expense claimed. The Partner will always comply with the applicable laws, codes of practice. The payment of expenses shall be paid by bank transfer within 30 days after receipt of the invoice.

Expense Policy. The Company agrees to cover:

Expense Policy. In addition to paying the hourly rates set forth above, for each Ness Associate assigned to a Customer project, Chordiant will reimburse Ness for the travel and lodging expenses of each Ness Associate. The Travel and Expense Policy set forth in Section 7 below will apply.

Expense Policy. Executive shall continue to be subject to the Company’s standard expense policy and travel management programs. It is anticipated that Executive shall have business trips to the Company’s offices in New York, London, Latin America and Asia (each a “Business Trip”) and each Business Trip is agreed to by the Company and shall be covered subject to the normal terms of the Company’s standard expense policy and travel management programs. Each Business Trip may be taken at any time through June 30, 2021, provided Executive is not employed by an entity (other than the Company) at the time of such Business Trip. With the exception of the terms for the Business Trips per this Section 2.d., after the Separation Date, Executive shall not be subject to, or able to incur or submit expenses under, the Company’s standard expense policy or travel management programs.