Common use of Expenses of the Advisor Clause in Contracts

Expenses of the Advisor. Without regard to the amount of compensation or reimbursement received hereunder by the Advisor, the Advisor shall bear the following expenses: 10.1 employment expenses of the personnel employed by the Advisor (including Directors, officers, and employees of the Company who are directors, officers, or employees of the Advisor or of any company that controls, is controlled by, or is under common control with the Advisor), including, but not limited to, fees, salaries, wages, payroll taxes, travel expenses, and the cost of employee benefit plans and temporary help expenses; 10.2 advertising and promotional expenses, including investor relations, incurred in seeking investments for the Company; 10.3 rent, telephone, utilities, office furniture and furnishings, and other office expenses of the Advisor and the Company, except as any of such expenses relates to an office maintained by the Company separate from the office of the Advisor; and 10.4 miscellaneous administrative expenses relating to performance by the Advisor of its functions hereunder.

Appears in 2 contracts

Samples: Purchase Agreement (Amerivest Properties Inc), Advisory Agreement (Amerivest Properties Inc)

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Expenses of the Advisor. Without regard to the amount of compensation ----------------------- or reimbursement received hereunder by the Advisor, the Advisor shall bear the following expenses: 10.1 14.1 employment expenses of the personnel employed by the Advisor (including Directors, officers, and employees of the Company who are directors, officers, or employees of the Advisor or of any company that controls, is controlled by, or is under common control with the Advisor), including, but not limited to, fees, salaries, wages, payroll taxes, travel expenses, and the cost of employee benefit plans and temporary help expenses; 10.2 14.2 advertising and promotional expenses, including investor relations, expenses incurred in seeking investments for the Company; 10.3 14.3 rent, telephone, utilities, office furniture and furnishings, and other office expenses of the Advisor and the Company, except as any of such expenses relates to an office maintained by the Company separate from the office of the Advisor; and 10.4 14.4 miscellaneous administrative expenses relating to performance by the Advisor of its functions hereunder.

Appears in 1 contract

Samples: Property Management and Advisory Agreement (Amerivest Properties Inc)

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Expenses of the Advisor. Without regard to the amount of compensation or reimbursement received hereunder by the Advisor, the Advisor shall bear the following expenses: 10.1 14.1 employment expenses of the personnel employed by the Advisor (including Directors, officers, and employees of the Company who are directors, officers, or employees of the Advisor or of any company that controls, is controlled by, or is under common control with the Advisor), including, but not limited to, fees, salaries, wages, payroll taxes, travel expenses, and the cost of employee benefit plans and temporary help expenses; 10.2 14.2 advertising and promotional expenses, including investor relations, expenses incurred in seeking investments for the Company; 10.3 14.3 rent, telephone, utilities, office furniture and furnishings, and other office expenses of the Advisor and the Company, except as any of such expenses relates to an office maintained by the Company separate from the office of the Advisor; and 10.4 14.4 miscellaneous administrative expenses relating to performance by the Advisor of its functions hereunder.

Appears in 1 contract

Samples: Property Management and Advisory Agreement (Amerivest Properties Inc)

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