Reimbursement Agreements Clause Samples
A Reimbursement Agreement clause outlines the terms under which one party agrees to repay another for specific expenses incurred. Typically, this clause details the types of costs eligible for reimbursement, the process for submitting claims, and any limitations or documentation required. Its core practical function is to ensure that parties are fairly compensated for out-of-pocket expenses related to the agreement, thereby allocating financial responsibility and preventing disputes over payment.
Reimbursement Agreements. If the District utilizes reimbursement agreements to obtain reimbursements from third-party developers or adjacent landowners, for costs of improvements that benefit third-party landowners, such agreements shall be done in accordance with City Code. All reimbursements shall be deposited in the District’s debt service fund and used for the purposes of retiring the District’s debt.
Reimbursement Agreements. Owner may, from time to time, desire to finance or construct certain CIP Improvements (or portions thereof) and be reimbursed out of Impact Fees in accordance with the Administrative Manual. A separate Impact Fee Reimbursement Agreement shall be entered into for each CIP Improvement to be built or financed by Owner. Each Reimbursement Agreement must be substantially in the form required by the Administrative Manual and must be approved by the City Council before construction starts. With respect to each Reimbursement Agreement, Owner hereby agrees that, as provided in the Administrative Manual, reimbursement payments by the City shall be made only out of the appropriate trust account as specified in the Administrative Manual and only to the extent that funds are available, and the obligation to reimburse Owner are not general obligations of the City.
Reimbursement Agreements. From and after the Amendment Effective Date, and until the Parties otherwise mutually agree, (i) SkyWest will not be obligated as part of the Program Agreement to enter into one or more Reimbursement Agreement (SkyWest) with any pilot of SAE and (ii) SAC will not be obligated as part of the Program Agreement to enter into one or more Reimbursement Agreement (SAE) with any pilot of SAE.
Reimbursement Agreements. Prior to issuance of each Letter of Credit, the Borrower will execute a Reimbursement Agreement (each a “Reimbursement Agreement”) in form and substance satisfactory to Lender, documenting its Obligations with respect to such Letter of Credit. Obligations under the Reimbursement Agreements are called herein “Reimbursement Obligations”. To the extent of any conflict between the terms of this Agreement and the Reimbursement Agreements or any letter of credit application, the terms of this Agreement shall control.
Reimbursement Agreements. To the extent public improvements (such as storm drainage facilities, street lighting or other public improvements) are oversized or extended onto adjacent property by the Owner for a benefit accruing to other parties, said improvements may be eligible for reimbursement. If said improvements qualify for reimbursement through the City, the Owner shall be required to enter into a Reimbursement Agreement with the City in accordance with the requirements of the City. In the case of water or sewer, eligibility for reimbursement, if any, must be coordinated and approved by SACWSD.
Reimbursement Agreements. If the Owner or the District fail to comply with the terms of this Agreement after notice and opportunity to cure and prior to execution of any reimbursement agreements by the Owner and District, such failure shall operate to prohibit the Owner or any Owner of the Land from entering into any reimbursement agreements with the District until the failure has been cured. The County shall have the right to enjoin the execution of such reimbursement agreements during any period in which such a material breach exists.
Reimbursement Agreements. The applications made and agreements entered into between the Agent and the Borrower, on the Agent's customary form, relating to the Letters of Credit.
Reimbursement Agreements. The applications made and agreements entered into between the Issuing Bank and the Borrower relating to Letters of Credit in form and substance satisfactory to the Issuing Bank.
Reimbursement Agreements. Permit the terms and conditions of the initial amendment and restatement of the Reimbursement Agreements to be more restrictive to the Borrower than the terms and conditions of this Agreement, the US Bank Facility and the PNC Bank Credit Facility, unless otherwise agreed by the Arrangers in their reasonable discretion.
Reimbursement Agreements. A reimbursement agreement with respect ▇▇▇▇▇▇'s reimbursement of certain costs associated with Purchaser's construction and relocation of the frontage road and utilities on the Property, in the form attached hereto as Exhibit 4.2(d)(1) (the "Seller Reimbursement Agreement"); and a reimbursement agreement with respect reimbursement by the City of ▇▇▇▇▇ of certain costs associated with regional drainage improvements on land owned by the City between the Property's eastern boundary and Highway 85, in the form attached hereto as Exhibit 4.2(d)(2) the “City Reimbursement Agreement”; together with the Seller Reimbursement Agreement, the “Reimbursement Agreements”). Prior to the expiration of the Inspection Period (as defined below), the parties agree to negotiate, in good faith, the Reimbursement Agreements and enter into an amendment incorporating the agreed upon Reimbursement Agreements into the applicable exhibits referenced to in this Section 4.2(d).