Common use of Manager's Costs Clause in Contracts

Manager's Costs. Notwithstanding anything contained in any other --------------- provision of this Agreement to the contrary, the following costs and expenses shall be borne solely by the Manager and shall not be borne by the Owner: (a) Cost of gross salary and wages, payroll taxes, insurance, workers' compensation and other benefits of Xxxxxxxxxx and any other employees of the Manager; (b) Cost of forms, papers, ledgers and other supplies and equipment used in the Manager's office; (c) Cost of electronic data processing or computer services, or any pro rata charge for data processing or computer services provided by computer service companies, which the Manager may elect to incur in the performance of the Development Functions; (d) Cost of office equipment acquired by the Manager to enable it to perform its duties hereunder; (e) Cost of advances made to employees of the Manager and cost of travel and lodging by the Manager's employees and agents, including Xxxxxxxxxx; and (f) Cost attributable to losses, including any legal fees relating thereto, arising from negligence, fraud or willful act or omission on the part of the Manager or any of the Manager's officers, directors, employees or agents, except to the extent such costs are to be borne by the Owner pursuant to Section 9.3 hereof.

Appears in 4 contracts

Samples: Development Agreement (Wells Real Estate Investment Trust Inc), Development Agreement (Wells Real Estate Fund Xi L P), Development Agreement (Wells Real Estate Fund Ix Lp)

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