Common use of No Remuneration Clause in Contracts

No Remuneration. No remuneration shall be payable to the Owners’ Committee or any member thereof but such members shall be entitled to be reimbursed for all out-of-pocket expenses reasonably and necessarily incurred in carrying out their duties.

Appears in 6 contracts

Samples: Deed of Assignment, Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

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No Remuneration. No remuneration shall be payable to the Owners' Committee or any member thereof but such members shall be entitled to be reimbursed for all out-of-pocket expenses reasonably and necessarily incurred in carrying out their duties.

Appears in 2 contracts

Samples: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement

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No Remuneration. No remuneration shall be payable to the Owners' Committee or any member thereof but such members shall be entitled to be reimbursed for all out-of-pocket expenses reasonably and necessarily incurred in carrying out their duties.

Appears in 1 contract

Samples: Deed of Mutual Covenant and Management Agreement

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