Joint Venture Expenses Sample Clauses

Joint Venture Expenses. (a) The Joint Venture shall indemnify, hold harmless, and pay all expenses, costs, or liabilities of any Partner who for the benefit of the Joint Venture makes any deposit, acquires any option, or makes any other similar payment or assumes any obligation in connection with any property proposed to be acquired by the Joint Venture in accordance with this Agreement and who suffers any financial loss as the result of such action.
Sample 1Sample 2
AutoNDA by SimpleDocs
Joint Venture Expenses. 17 5.2 Managing Venturer's Fees and Expenses. . . . . . . . . . . . 18 5.3 Reimbursement to Venturers . . . . . . . . . . . . . . . . . 19 Exhibit 10.7
Sample 1
Joint Venture Expenses. Except as otherwise specifically provided, the Joint Venture shall be responsible for paying all direct costs and expenses of acquiring, bottling, marketing, selling and distributing the Products and operating the Joint Venture, including without limitation:
Sample 1
Joint Venture Expenses. 6.1 All the costs and expenses incurred as a result of the conduct of the JV Business shall be an expense of the Joint Venture, including -
Sample 1
Joint Venture Expenses. The Joint Venture shall reimburse each of the Parties for all reasonable out-of-pocket costs and expenses incurred in connection with the operations of the Joint Venture Business, provided that such costs and reimbursements shall be adequately accounted for to the Joint Venture. These expenses shall include and not be limited to reimbursement for any legal or other professional fees incurred prior to the date of this Agreement or in connection with the negotiation of this Agreement.
Sample 1
Joint Venture Expenses. 2.5.1. From and after the date of this Agreement, all costs and expenses incurred pursuant to this Agreement with respect to the Joint Venture and the development of the Joint Venture shall be borne by the Joint Venture from capital contributions or earnings, subject to compliance with any other provision of this Agreement which expressly places responsibility for such costs or expenses on Zurich Commercial alone, USI alone or both Joint Venturers collectively or on any third party; provided, however, to the extent the cash reserve of the Joint Venture would fall below a minimum cash reserve specified by the Committee, Zurich Commercial will contribute additional capital to the Joint Venture, in an amount not to exceed the amount set forth in Section 3.2, which Zurich Commercial shall recoup prior to any distribution or allocation to USI.
Sample 1
Joint Venture Expenses. 10.1 The Joint Venturers anticipate that the costs and expenses of the Joint Venture will be incurred directly by CiaoHub and will consist primarily of construction costs for the manufacturing facility, salaries, fringe benefits, applicable overhead, material, equipment, subcontracts, insurance premiums, accounting and legal fees and other obligations and expenses necessarily and reasonably incurred in the performance of the Business. Costs and expenses of each Joint Venturer chargeable to CiaoHub shall be subject to prior determination, review and approval by the Board of Directors.
Sample 1
AutoNDA by SimpleDocs

Related to Joint Venture Expenses

  • Partnership Expenses (a) All of the Partnership's expenses shall be billed directly to and paid by the Partnership to the extent practicable. Reimbursements to the General Partner, or any of its Affiliates, by the Partnership shall be allowed only for the Partnership's Cash Expenses unless the General Partner is obligated to pay the same as an Operating Deficit during the Operating Deficit Guarantee Period, and subject to the limitations on the reimbursement of such expenses set forth herein. For purposes of this Section, Cash Expenses shall include fees paid by the Partnership to the General Partner or any Affiliate of the General Partner permitted by this Agreement and the actual cost of goods, materials and administrative services used for or by the Partnership, whether incurred by the General Partner, an Affiliate of the General Partner or a nonaffiliated Person in performing the foregoing functions. As used in the preceding sentence, "actual cost of goods and materials" means the actual cost of goods and materials used for or by the Partnership and obtained from entities which are not Affiliates of the General Partner, and actual cost of administrative services means the pro rata cost of personnel (as if such persons were employees of the Partnership) associated therewith, but in no event to exceed the amount which would be charged by nonaffiliated Persons for comparable goods and services.

  • Employee Expenses (a) All costs of every nature pertaining to all employees at the Hotel, including, without limitation, salaries, benefits, EPLI coverage, the terms of any bonus plan or arrangement, costs incurred in connection with governmental laws and regulations and insurance rules, shall be set forth in the Approved Budget as an Operating Expense.

  • Ordinary Operating Expenses For purposes of this Agreement, Ordinary Operating Expenses means all expenses of the Funds other than extraordinary expenses, such as litigation, taxes and brokerage commissions.

  • Litigation Expenses If either party successfully seeks to enforce any provision of this Agreement or to collect any amount claimed to be due under it, this party will be entitled to reimbursement from the other party for any and all of its out-of-pocket expenses and costs including, without limitation, reasonable attorneys' fees and costs incurred in connection with the enforcement or collection.

  • Marketing Expenses Certain marketing expenses, such as Selected Dealer conferences, may be advanced to Selected Dealer and later deducted from the portion of the Dealer Manager Fee re-allowed to that Selected Dealer. If the offering of Shares in a Feeder Fund is not consummated, Selected Dealer will repay any such advance to the extent not previously expended on marketing expenses. Any such advance shall be deducted from the maximum amount of the Dealer Manager Fee that may otherwise be re-allowable to Selected Dealer. Notwithstanding anything herein to the contrary, as to any Feeder Fund, Selected Dealer will not be entitled to receive any Dealer Manager Fee and/or Distribution and Shareholder Servicing Fee which would cause the aggregate amount of selling commissions, dealer manager fees, Distribution and Shareholder Servicing Fees and other forms of underwriting compensation (as defined in accordance with applicable FINRA rules) received by the Dealer Manager and all Selected Dealers to exceed 10.0% of the gross proceeds raised from the sale of Shares in the Feeder Fund’s primary offering.

  • Travel Expenses All travel and other expenses incident to the rendering of services reasonably incurred on behalf of the Company by the Employee during the term of this Agreement shall be paid by the Employer. If any such expenses are paid in the first instance by the Employee, the Employer shall reimburse him therefor on presentation of appropriate receipts for any such expenses.

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Legal Expenses The Borrower hereby agrees to pay all reasonable fees and expenses of special counsel to the Administrative Agent incurred by the Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and all related documents.

  • Trust Expenses Expenses incident to the Trust's performance of its duties and obligations under this Agreement include, but are not limited to, the costs of:

  • Compensation, Expenses and Indemnity The Administrator shall serve without compensation for services rendered hereunder. The Administrator is authorized at the expense of the Employer to employ such legal counsel and/or recordkeeper as it may deem advisable to assist in the performance of its duties hereunder. Expense and fees in connection with the administration of this Agreement shall be paid by the Employer.

Time is Money Join Law Insider Premium to draft better contracts faster.