Reimbursable Expeuses Sample Clauses

Reimbursable Expeuses. In addition to the compensation paid to the Sub-Advisor pursuant to Section 9 hereof, the Advisor shall pay directly or reimburse or shall cause the Company to pay directly or reimburse the Sub-Advisor for all of the expenses paid or incurred by the Sub-Advisor or its Affiliates on behalf of the Advisor and/or the Company in connection with the services provided pursuant to this Sub-Advisory Agreement solely to the extent the incurrence of such expenses by the Sub-Advisor were previously approved in writing by the Advisor, including, but not limited to: (i) Acquisition Fees and Acquisition Expenses incurred in connection with the selection and acquisition of Properties and other Permitted Investments, excluding such expenses incurred related to assets pursued or considered by but not ultimately acquired by the Company unless such acquisition was previously approved by the Company’s board; (ii) interest and other costs for borrowed money, including discounts, points and other similar fees related solely to Properties; (iii) costs associated with insurance required in connection with the businesses of the Properties, (iv) expenses of managing, improving, developing, operating and selling Properties; and (v) all such fees incurred at the request, or on behalf of, the Advisor or any committee of the Board of Directors.