Common use of Expenses; Fund Accounting Clause in Contracts

Expenses; Fund Accounting. (a) The rate for services established herein shall be inclusive of all administrative expenses of LRS, except legal expenses incurred in connection with the services rendered. Legal expenses incurred by LRS are not included in the base rate and shall be prorated to all Participants in direct relationship to the disbursements of the Revenue Service Program to which the legal expenses relate.

Appears in 4 contracts

Samples: Local Revenue Services Agreement, Local Revenue Services Agreement, Local Revenue Services Agreement

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