Expenses; Compensation. The Distributor agrees promptly to pay ---------------------- or reimburse the Funds for all expenses (except expenses incurred by the Funds in connection with the preparation, printing and distribution of any prospectus or report or other communication to shareholders, to the extent that such expenses are incurred to effect compliance with the Federal or state laws or to enable such distribution to shareholders)
(a) of printing and distributing copies of any prospectus and of preparing, printing and distributing any other material used by the Distributor in connection with offering the Shares for sale, and (b) of advertising in connection with such offering. The Funds agree to pay all expenses in connection with the registration of the Shares under the Securities Act , all fees and related expenses which may be incurred in connection with the qualification of the Shares for sale in such states (as well as the District of Columbia, Puerto Rico and other territories) as the Distributor may designate, and all expenses in connection with maintaining facilities for the issue and transfer of the Shares, of supplying information, prices and other data to be furnished by it hereunder and through its agents of all data processing and related services related to the share distribution activity contemplated hereby. As compensation for its services hereunder, the Funds agree to pay to the Distributor all amounts received as sales charges as described in the Funds' most current Prospectus. Out of such sales charges, the Distributor may allow such concessions or reallowances to dealers as it may from time to time determine. The Trust agrees to execute such documents and to furnish such information as may be reasonably necessary, in the discretion of the Board of Trustees ("Trustees") of the Trust, in connection with the qualification of the Shares for sale in such states (as well as the District of Columbia, Puerto Rico and other territories) as the Distributor may designate. The Distributor also agrees to pay all fees and related expenses connected with its own qualification as a broker or dealer under Federal or state laws and, except as otherwise specifically provided in this Agreement or agreed to by the Trust, all other expenses incurred by the Distributor in connection with the sale of the Shares as contemplated in this Agreement (including the expenses of qualifying the Trust as a dealer or broker under the laws of such states as may be designated by the Distrib...
Expenses; Compensation. (a) Subject to any agreement by the Trust's investment adviser to reimburse or pay expenses of the Trust, the Trust shall be responsible and assumes the obligation for payment of all its expenses.
(b) The Distributor shall be entitled to no compensation or reimbursement of expenses for the distribution services provided by the Distributor pursuant to this Agreement.
(c) Notwithstanding anything in this Agreement to the contrary, the Distributor and its affiliated persons may receive compensation or reimbursement from the Trust with respect to (i) the provision of shareholder support or other services, (ii) the provision of management services or (iii) service as a Trustee or officer of the Trust.
Expenses; Compensation. The Company shall reimburse each director for his or her reasonable out-of-pocket expenses (including travel and related expenses) incurred in connection with (A) attending the meetings of the Board and all committees thereof and (B) to the extent such director is not an employee of the Company, conducting any other Company business requested by the Company. The Company shall maintain directors and officers’ indemnity insurance coverage reasonably satisfactory to Apollo and GHK, and the New Bye-laws shall provide for indemnification and exculpation of directors to the fullest extent permitted under Applicable Law.
Expenses; Compensation. The Company shall pay all out-of-pocket expenses incurred by each manager in connection with attending regular and special meetings of the Board of Managers and any committee of the Board of Managers. Members of the Board of Managers shall not be entitled to receive compensation for services to the Company in their capacities as members of the Board of Managers, however, this shall in no way limit the members of the Board of Managers from receiving reasonable compensation in their capacity as members of the board of directors of Secure.
Expenses; Compensation. The Company shall reimburse the reasonable out-of-pocket travel expenses of each director incurred to attend Board or committee meetings, as well as any other travel expenses approved by the Company's Board of Directors.
Expenses; Compensation. (a) Except as otherwise provided herein, the Company shall pay or cause to be paid (i) all costs and expenses incurred in connection with the formation and organization of the Company, and (ii) all costs and expenses of the Company incurred in pursuing and conducting, or otherwise related to, the business of the Company. The Managers shall be entitled to reimbursement of their reasonable expenses incurred on behalf of the Company as and to the extent provided in paragraph (b) below. Subject to the Act, no amount so paid to the Manager shall be deemed to be a distribution of Company assets for purposes of this Agreement. Except for reimbursement of such expenses as provided for in this Section 6.8 and its right to distributions as provided in this Agreement, the Manager shall not receive any compensation for its services as such.
(b) Unless otherwise approved by a Required Interest, the Managers shall not receive compensation for their services as Managers. However, the Managers shall be entitled to be reimbursed for reasonable out-of-pocket costs and expenses incurred in the course of their service as Managers hereunder.
Expenses; Compensation. (a) The Trustees shall have power to incur and pay out of the assets or income of the Trust any expenses which in the opinion of the Trustees are necessary or incidental to carry out any of the purposes of this Declaration, and the business of the Trust. Trustees shall not receive any stated salary for their services as Trustees but, by resolution of the Board of Trustees, may receive compensation per year and/or per meeting and for any service or activity they performed or engaged in as Trustees. Trustees may be reimbursed for expenses of attendance, if any, at each annual, regular or special meeting of the Board of Trustees or of any committee thereof and for their expenses, if any, in connection with any other service or activity they perform or engage in as Trustees; but nothing herein contained shall be construed to preclude any Trustees from serving the Trust in any other capacity and receiving compensation therefor. The Trustees shall fix the compensation of all officers, employees and Trustees, if any.
(b) Unless expressly provided otherwise herein or in the Trust’s private placement memorandum or other offering document (as may be amended from time to time), the Trust shall bear and be responsible for all costs and expenses of the Trust’s operations, administration and transactions, including, but not limited to fees and expenses paid for investment advisory, administrative or other services and all other expenses of its operations and transactions.
Expenses; Compensation. Unless waived or expressly agreed to as part of a REIT Opportunity or Tenant Opportunity, (i) each party to this Agreement shall bear its own expenses with respect to any REIT Opportunity or Tenant Opportunity to which this Agreement is applicable and (ii) neither party to this Agreement shall be entitled to any compensation from the other party hereto with respect to any REIT Opportunity or Tenant Opportunity to which this Agreement is applicable.
Expenses; Compensation. The reasonable travel expenses of each director (or observer) incurred to attend Board or committee meetings shall be reimbursed by the Company. If the Company adopts a program to compensate its "outside" or "independent" directors generally either with cash or with stock options, then it shall also extend the same compensation to the directors who are designated by an Investor (unless any such representative is also an officer or employee of the Company), and in the case of stock options, such options shall be transferable by the individual Board members to the Investors they represent.
Expenses; Compensation. Station shall pay all out-of-pocket expenses incurred by each director in connection with attending regular and special meetings of the Board of Directors and any committee of the Board of Directors. Members of the Board of Directors shall not be entitled to receive compensation for services to Station or its Subsidiaries in their capacities as members of the Board of Directors or the board of directors of any Subsidiary.
