Reimbursable expenditures. This appendix will exclusively be used for determining remuneration for additional Services.
Reimbursable expenditures. For purposes hereof, "Reimbursable Expenditures" shall mean (a) all Authorized Expenditures made by Manager out of its own funds (it being acknowledged and agreed that Manager shall have no obligation to advance any funds for the making of Authorized Expenditures); and (b) all costs and expenses directly related to the transition of management of the Project to Manager, including without limitation, costs and expenses associated with travel by the agents or employees of Manager with respect to the operation and transition of the Project, payroll costs and expenses of the agents and employees of Manager involved in the transition and operation of the Project, management software systems setup charges, and any other out of pocket costs of Manager and fees incurred with respect to such transition.
Reimbursable expenditures. For any reimbursable expenditures applicable under Section 8.01 (b) or (c), these shall consist of and be limited to normal and customary expenditures for official travel approved in advance by the Purchaser’s CM including, but not limited to, accommodation, transportation, printing, and telephone charges. Such expenses will be reimbursed at cost without markup upon presentation of a documented statement of expenses. Payments for reimbursable expenditures will be made to the account of the Contractors listed on their invoice and shall not exceed the maximum specified in the SC, as applicable.
Reimbursable expenditures. This appendix will exclusively be used for determining remuneration for additional services. List here the elements of cost used to arrive at the breakdown of the lump-sum price—local currency portion:
1. Monthly rates for Personnel (Key Personnel and other Personnel).
Reimbursable expenditures. The Parties agree that the Pre-Development Activities shall be performed directly by the Consultant or by third parties engaged by the Consultant. All actual third-party costs and expenses (including without limitation travel, meals and lodging) paid or incurred by the Consultant or third parties engaged by the Consultant in connection with the Pre- Development Activities (collectively, the “Pre-Development Reimbursables”) shall be initially funded by the Consultant.
A. In the event that the County enters into the Lease Agreement and the Consultant or an affiliate of Consultant is engaged as the developer or general contractor for the IT FACILITY Project, the Pre-Development Reimbursables shall be reimbursed to the Consultant from financing proceeds at or immediately after the closing of the construction financing related to the IT FACILITY Project. Reimbursement terms shall include the following: The Consultant shall be reimbursed an amount equal to one hundred percent (100%) of the total Pre-Development Reimbursables theretofore paid or incurred by the Consultant and approved by the County up to a maximum of $300,000.00 (the “Reimbursement Cap”). Upon mutual agreement, the County and Consultant may agree to adjust the Reimbursement Cap. In addition, if the County enters into the Lease Agreement and the Consultant or an affiliate of the Consultant is engaged as the developer or general contractor for the IT FACILITY Project, the Pre- Development Reimbursables previously paid by the County will be reimbursed to the County at the Lease Agreement closing.
B. If (i) the County terminates or abandons the IT FACILITY Project; or (ii) the County has not entered into a Lease Agreement for the IT FACILITY Project through which Consultant is engaged as the developer or general contractor by the date that is six (6) months after the Effective Date, whichever occurs first, then the County will reimburse the Consultant for the total Pre-Development Reimbursables (but in no event in excess of the Reimbursement Cap), such reimbursement to be paid within thirty (30) days after the occurrence of the earlier of the conditions in part (i) or (ii) of this Section 3.B.
Reimbursable expenditures. This annex will exclusively be used for determining remuneration for additional Services.
Reimbursable expenditures. This appendix will exclusively be used for determining remuneration for additional Services.
1.1 The Parties shall enter into this contract as a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity.
1.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement.
Reimbursable expenditures. This appendix will exclusively be used for determining remuneration for additional Services. [Guarantor letterhead or SWIFT identifier code]
1. We have been informed that (hereinafter called "the Applicant") has entered into Contract No. dated with the Beneficiary, for the execution of (herein after called "the Contract").
2. Furthermore, we understand that, according to the conditions of the Contract, a performance guarantee is required.
Reimbursable expenditures. This appendix will exclusively be used for determining remuneration for additional Services. [Guarantor letterhead or SWIFT identifier code]
1. We have been informed that (hereinafter called "the Applicant") has entered into Contract No. dated with the Beneficiary, for the execution of (herein after called "the Contract").
2. Furthermore, we understand that, according to the conditions of the Contract, a performance guarantee is required.
3. At the request of the Applicant, we as Guarantor, hereby irrevocably under take to pay the Beneficiary any sum or sums not exceeding in total an amount of (),1such sum being payable in the types and proportions ofcurrenciesinwhichtheContractPriceispayable,uponreceiptbyusoftheBeneficiary'scomplyingdemand supported by the Beneficiary's statement, whether in the demand itself or in a separate signed document accompanying or identifying the demand, stating that the Applicant is in breach of its obligation(s) under the Contract, without the Beneficiary needing to prove or to show grounds for your demand or the sum specified therein.
4. This guarantee shall expire, no later than the….Day of……, 2…2, and any demand for payment under it must be received by us at this office indicated above on or before that date.
5. The Guarantor agrees to a one-time extension of this guarantee for a period not to exceed [six months] [one year], in response to the Beneficiary's written request for such extension, such request to be presented to the Guarantor before the expiry of the guarantee.” 1The Guarantor shall insert an amount representing the percentage of the Accepted Contract Amount specified in the Letter of Acceptance, less provisional sums, if any, and denominated either in the currency(ies) of the Contract or a freely convertible currency acceptable to the Beneficiary.
Reimbursable expenditures. Any expenditure by a party -------------------------- permitted or required under this Lease, for which such party is entitled to demand and does demand reimbursement from the other party, shall be limited to the actual cost to the demanding party of the goods and/or services giving rise to such expenditure, which cost shall not exceed the fair market value of such goods and/or services; shall be reasonably incurred; and shall be substantiated by documentary evidence available for inspection and review by the other party or its representative during normal business hours.
