Common use of Expenses Not Reimbursable Clause in Contracts

Expenses Not Reimbursable. Except as otherwise expressly provided for in this Contract, expenses incurred by either Party in fulfilling the aforesaid responsibilities and other financial expenses incurred by the Parties on behalf of the Company shall be borne by the Company only upon approval of the Board.

Appears in 3 contracts

Samples: Joint Venture Agreement, Equity Joint Venture Contract (Ecotality, Inc.), Joint Venture Contract (Lightpath Technologies Inc)

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Expenses Not Reimbursable. Except as otherwise expressly provided for in this Contract, expenses incurred by either Party in fulfilling the aforesaid responsibilities and other financial expenses incurred by the Parties on behalf of the Company or Project Company shall be borne by the Company only upon approval of the Board.

Appears in 1 contract

Samples: Joint Venture Agreement (RT Technologies, Inc.)

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