Expense Policy. The Borrower has taken steps necessary to ensure that (a) the Expense Policy conforms to the requirements set forth in Section 5.18 and (b) the Borrower and its Subsidiaries are in compliance with the Expense Policy.
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 New OEM Loan Agreement) maintained and implemented by the OEM pursuant to Section 5.18 of the New OEM Loan Agreement is applicable to Borrower, and Borrower is in compliance therewith.
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. 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 i. Employees must have copy of valid license, proof of insurance and driver safety form signed on file to receive mileage reimbursement.
ii. Employees are reimbursed at the federal rate per mile for work related travel on the business of the organization. Tolls and other necessary minor purchases will also be reimbursed, if justified. Employees must keep mileage vouchers and receipts, which must be turned in to the Canvass Director, Member Programs Director and Office Manager each pay period. Reimbursement requests must be submitted within the pay period in which they were incurred in order to be honored, unless
iii. Staff given xxxxx cash must turn in any change and documentation of the expenditure. Staff failing to submit proper receipts or to return change to xxxxx cash will have the missing money deducted from their paycheck.
