PAYMENT FOR EXPENSES Sample Clauses
The "Payment for Expenses" clause defines how and when one party will reimburse or cover the costs incurred by another party in connection with the agreement. Typically, this clause outlines which types of expenses are eligible for payment, such as travel, materials, or third-party services, and may require prior approval or supporting documentation like receipts. Its core function is to ensure clarity and prevent disputes by specifying the process and limits for expense reimbursement, thereby allocating financial responsibility between the parties.
PAYMENT FOR EXPENSES. The Guarantors shall pay (within thirty (30) days after any invoice or other statement or notice) all costs and expenses incurred by any Secured Party or any of their affiliates, including, without limitation, (a) all documentation and diligence fees and expenses, (b) all search, appraisal, recording, professional and filing fees and expenses and all other out-of-pocket charges and expenses (including, without limitation, UCC and judgment and tax lien searches and UCC filings and fees for post-closing UCC, judgment and tax lien searches and wire transfer fees), (c) all audit fees and expenses, (d) all of the Secured Parties’ attorneys’ fees and expenses, but only to the extent incurred after a Guarantor Default or incurred in connection with (i) any effort to enforce, protect or collect payment of any Secured Guaranty Obligations or to enforce the Guaranty or this Agreement or any related agreement, document or instrument, or effect collection hereunder or thereunder, (ii) instituting, maintaining, preserving, enforcing and foreclosing on the Liens of the Collateral Agent for the benefit of the Secured Parties in any of the Guaranty Collateral, whether through judicial proceedings or otherwise, (v) defending or prosecuting any actions, claims or proceedings arising out of or relating to the Secured Parties’ transactions with the Guarantors unless there is a final, non-appealable judgment by a court which finds the applicable Secured Party to have acted in gross negligence or willful misconduct in connection therewith, or (vi) any modification, restatement, supplement, amendment, waiver or extension of this Agreement, the Guaranty or any related agreement, document or instrument, and all of the same may and shall be part of the Secured Guaranty Obligations.
PAYMENT FOR EXPENSES. 13.1. Whether or not any transaction hereby contemplated is consummated, Borrower will pay:
13.1.1. All out-of-pocket expenses incurred by Lender in connection with the preparation of this Agreement and the making of any loan hereunder, including, without limitation, the fees, expenses and disbursements of counsel for Lender; and
13.1.2. All premiums for title insurance, filing and recording fees and other similar or dissimilar expenses and charges in connection with any loan hereunder.
13.2. If an Event of Default occurs, Borrower will pay all reasonable attorneys' fees, allocated costs of in-house counsel and other expenses incurred by Lender in the enforcement of its rights hereunder, whether the defaults is ultimately incurred or Lender is obligated to pursue its remedies hereunder, including, without limitation, such expenses incurred before legal action, during the pendency of any such legal action and in connection with any appeal to higher courts arising out of matters associated herewith.
PAYMENT FOR EXPENSES. Payments for expenses incurred by the District pursuant to this section will be subject to itemization (i.e. receipts) and subject to per diem reimbursement rates as established by the District if not covered in this contract.
PAYMENT FOR EXPENSES. Payments for expenses incurred by the District pursuant to this section will be subject to itemization (i.e. receipts) and subject to per diem reimbursement rates as established by the District if not covered in this contract. To be used when applying for compensatory time or pay request. Name Date Earned Reason Amount of Time Earned Pay Request Approved Not Approved Employee Signature Principal’s Signature Date
PAYMENT FOR EXPENSES. Your Employer will pay or reimburse you for expenses incurred in the performance of your duties, provided they are incurred in compliance with Your Employer’s Expense Policy. Expenses must be properly substantiated with tax invoices and must be approved by Your Employer. All reimbursements must be claimed no later than within the calendar month after the expense is incurred.
PAYMENT FOR EXPENSES. Contractor shall submit a completed summary expense report in a format acceptable to Company on the last day of every month for expenses incurred during that month. All expense reports shall be accompanied by original receipts supporting expense claims.
PAYMENT FOR EXPENSES. Aerohive shall reimburse Consultant for all out-of-pocket expenses (round trip transportation, hotel, and meals) actually reasonably incurred by Consultant at Aerohive’s reimbursement rate, in connection with any trip made by Consultant at the specific request and with the prior written approval of Aerohive. If out of town Services are required, all travel will be established by Aerohive’s internal travel operations and policies. Aerohive will not pay for local travel or mileage between Aerohive and Consultant’s home or office.
PAYMENT FOR EXPENSES. 11.3.1 Management Agent shall not be paid for any expense unless authorized in writing by Housing Authority, provided that such expense payments may be approved in the annual budget prepared for the Project, which must be approved by the Housing Authority.
11.3.2 Costs listed on Exhibit C as well as the following shall be paid from the general operating account as Project expenses provided that such expenses shall be limited to budgeted amounts as approved by the Housing Authority as part of the annual budget:
(A) reasonable costs and expenses in connection with training of employees, annual certification and licensing programs, and on- going educational opportunities as well as the associated costs for travel, food, and lodging,
(B) the technology required to manage the Project including but not limited to hardware, software licensing and technology maintenance fees, and
(C) reasonable costs incurred in connection with third-party records- storage expenses, including but not limited to document storage, off- site electronic storage, maintenance, and retrieval costs.
(D) In addition, all costs and expenses in connection with emergency repairs involving manifest danger to persons or property or required to avoid suspension of any necessary service to the Project will be paid from the general operating account and will be treated as a Project expense.
PAYMENT FOR EXPENSES. In addition, should there be a Default by Borrower as above described, Borrower shall pay all reasonable attorney's fees and other expenses incurred by Lender, including Lender's administrative expenses, in the enforcement of its rights hereunder, whether the default is ultimately cured or Lender is obligated to pursue its remedies hereunder, including such expenses incurred before legal action, during the pendency of any such legal action and continuing to all such expenses in connection with any appeal to higher courts arising out of matters associated herewith. The Obligations under this section shall survive the making of this Agreement and the Note, and shall relate to all such documents associated herewith, including any documents of security subsequently executed
PAYMENT FOR EXPENSES. (a) Each party shall be responsible for the fees and expenses incurred in connection with this Agreement, including fees, expenses and disbursements of counsel.
(b) If an Event of Default occurs, Borrower will pay all reasonable attorneys’ fees and other expenses incurred by Lender in the enforcement of its rights hereunder, whether the default is ultimately cured or Lender is obligated to pursue its remedies hereunder, including, without limitation, such expenses incurred before legal action, during the pendency of any such legal action and in connection with any appeal to higher courts arising out of matters associated herewith and in protecting the rights of Lender in any bankruptcy, reorganization, liquidation or insolvency proceeding, whether or not litigation is commenced.