Ordinary Expenses. The Bank shall reimburse the Executive for his ordinary and necessary business expenses, incurred in connection with the performance of his duties under this Agreement, upon presentation to the Bank of an itemized account of such expenses in such form as the Bank may reasonably require. Any such expense shall be reimbursed no later than two and one-half months following the end of the year in which the expense was incurred.
Ordinary Expenses. The company shall provide a monthly office allowance up to $1000.00 per month, to cover office space, office supplies and/or other materials for the use by Executive in connection with his duties performed under this Agreement (“Office Allowance”). The Executive shall also be entitled to receive reimbursement for all reasonable out-of-pocket expenses incurred by him in performing services hereunder, in accordance with the policies and procedures then in effect and established by the Company for its senior employees.
Ordinary Expenses. The Bank shall reimburse the Executive for his ----------------- ordinary and necessary business expenses, incurred in connection with the performance of his duties under this Agreement, upon presentation to the Bank of an itemized account of such expenses in such form as the Bank may reasonably require.
Ordinary Expenses. “Ordinary Expenses” has the meaning set forth in Section 6.01(a)(i).
Ordinary Expenses. Executive shall be entitled to prompt reimbursement for all reasonable, ordinary and necessary travel, entertainment, and other expenses incurred by Executive during the Employment Period (in accordance with the policies and procedures established for senior executive officers of the Company) in the performance of his duties and responsibilities for the Company under this Agreement; PROVIDED, however, that Executive shall properly account for such expenses in accordance with the policies and procedures of the Company.
Ordinary Expenses. The Company shall promptly reimburse Executive travel, entertainment, and other expenses and disbursements reasonably incurred by Executive during the Employment Period (in accordance with the policies and procedures established for senior executive officers of the Company) in the performance of his duties and responsibilities for the Company under this Agreement; provided, however, that Executive shall properly account for such expenses in accordance with the policies and procedures of the Company.
Ordinary Expenses. All other income and ordinary operating expenses for or pertaining to the Properties including, but not limited to, public utility charges, maintenance, service charges, and all other normal operating charges of the Properties shall be prorated as of the Closing Date. Seller shall receive a credit for all utility deposits assigned to Purchaser. The settlement of the proration of the operating expenses of the Properties shall occur within sixty (60) days after the Closing Date in accordance with the following provisions of this Section 14.2.2. On or before forty-five (45) days after the Closing Date, Purchaser shall deliver to Seller a summary of the operating expenses to be prorated and Purchaser's suggested proration. Thereafter, Purchaser shall provide Seller such information as Seller may reasonably require to determine the accuracy of the suggested proration. The parties shall each act reasonably and in good faith to agree upon the proration. If the parties cannot agree upon the proration, it shall be an Arbitration Event and resolved in accordance with the provisions of Section 20.4. The party owing the other shall pay the amount owed within ten (10) days after agreement or the decision of the Arbitrators.
Ordinary Expenses. The Bank shall reimburse the Executive for his ordinary and necessary business expenses, incurred in connection with the performance of his duties under this Agreement, upon presentation to the Bank of an itemized account of such expenses in such form as the Bank may reasonably require and subject to the following conditions: (A) the expenses reimbursed by the Bank in one calendar year shall not affect the expenses paid or reimbursed by the Bank in another calendar year, (B) reimbursement for an expense shall be made within a reasonable period of time following the date on which the Bank receives the Executive’s documentation of the expense, provided that no reimbursement for an expense shall be made after the last day of the calendar year following the calendar year in which the expense was incurred.
Ordinary Expenses. Company shall promptly reimburse Executive ----------------- for all reasonable ordinary and necessary business expenses incurred by Executive in connection with the performance by Executive of his duties under this Agreement ("Ordinary Business Expenses"). With respect to each such expenditure, Executive shall furnish to Company adequate records and other documentary evidence required by federal and state statutes and regulations issued by the appropriate taxing authorities for the substantiation of each such expenditure as an income tax deduction.
Ordinary Expenses. The Executive shall be entitled to receive reimbursement for all reasonable out of pocket expenses incurred by him in performing services hereunder, in accordance with the policies and procedures then in effect and established by the Company for its senior employees.
