Reimbursement of Contractor Sample Clauses

Reimbursement of Contractor. Purchaser may terminate this Contract prior to Acceptance of any Deliverable Item without cause, in whole or in part, by giving Contractor written notice. In the event of such termination, Contractor will cease work as directed in the termination notice. Contractor shall submit its claim for the work performed in connection with the terminated portion of this Contract, and for its termination costs, plus a reasonable profit as provided in items (a) through (e) of this Article 21.1. Except as otherwise set forth in Article 21.4 hereto, if Purchaser terminates this Contract, in whole or in part, pursuant to this Article 21.1, Contractor may provide an invoice to Purchaser, and be paid at the termination settlement, for:
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Reimbursement of Contractor. Purchaser may terminate this Contract at its sole discretion and without cause, in whole or in part, by giving Contractor written notice thirty (30) days prior to the date of such termination. Upon receipt by Contractor of Purchaser’s notice of termination for convenience, Contractor shall: (i) immediately stop work under this Contract as directed in the termination notice; (ii) place no further orders or subcontracts for materials, services or facilities; (iii) terminate orders and subcontracts to the extent that they are related to the performance of the work hereunder; and (iv) settle all outstanding liabilities and all claims arising out of such termination of orders and subcontracts. Contractor shall submit its claim for the work performed in connection with the terminated Contract, and for its termination costs plus a reasonable profit as provided in items (a) through (e) of this Article 19.1. If Purchaser terminates this Contract in whole or in part pursuant to this Article 19.1, Purchaser shall pay to Contractor the sum of (a) through (e) below, less any amounts previously paid with respect to completed and/or terminated Deliverable Items and, in no event, in excess of the cumulative maximum termination liability amount corresponding to the date of termination as reflected in the applicable Schedule 1 SATMEX 8 Milestone Payment Plan for Firm Fixed Price and Termination Liability Schedule, as the same may be modified in accordance with the terms of this Contract:
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Reimbursement of Contractor. The Contractor shall be also reimbursed on a monthly basis for its reasonable, out of pocket, direct expenses incurred in connection with the services provided hereunder as are reasonably approved in advance by the Manager or consistent with its policies for reimbursement of expenses generally applicable to its senior managers.
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Reimbursement of Contractor. 59 21.2 Title Transfer and Disposition of Residual Property......... 60 21.3
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Reimbursement of Contractor. In the event of termination of the --------------------------- Contract pursuant to Section 33.1 above, COMPANY shall pay CONTRACTOR in ------------ accordance with the terms of Section 35.1 hereof for all work which has been ------------ performed, and shall pay CONTRACTOR a pro rata share of CONTRACTOR'S Fee as set forth in Section 35.1, less all damages, losses, claims, cost and expense ------------ suffered or incurred by COMPANY in connection with any Default or Event of Default by CONTRACTOR under Section 36.1
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Reimbursement of Contractor 
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Related to Reimbursement of Contractor

  • Reimbursement of Costs If, at any time, any Borrower requests any Lender to deliver any forms or other documentation pursuant to Section 2.14.6(d), then such Borrower shall, on demand of such Lender through Agent, reimburse such Lender for any costs and expenses (including reasonable attorney fees) reasonably incurred by such Lender in the preparation or delivery of such forms or other documentation.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Reimbursement of Business Expenses Executive is authorized to incur ordinary, necessary, and reasonable business expenses in connection with the performance of his duties, responsibilities, and authorities under this Agreement and for the promotion of the Company’s business and activities during this Agreement, including but not limited to expenses for necessary travel and entertainment and other items of expense required in the normal and routine course of Executive’s employment under this Agreement. The Company will reimburse Executive from time to time for all such business expenses actually incurred pursuant to and in conformity with this paragraph and the policies and practices of the Company then in effect relative to the reimbursement of business expenses.

  • Reimbursement Costs (a) The Borrower agrees to reimburse the Bank for any expenses it incurs in the preparation of this Agreement and any agreement or instrument required by this Agreement. Expenses include, but are not limited to, reasonable attorneys’ fees, including any allocated costs of the Bank’s in-house counsel to the extent permitted by applicable law.

  • Reimbursements of Workout-Delayed Reimbursement Amounts The Master Servicer, the Special Servicer and the Trustee, as applicable, shall be entitled to reimbursement and payment for all Workout-Delayed Reimbursement Amounts in each Collection Period; provided that the aggregate amount (for all such Persons collectively) of such reimbursements and payments in such Collection Period shall not exceed (and the reimbursement and payment shall be made from) the aggregate amount in the Collection Account allocable to principal received with respect to the Mortgage Loans for such Collection Period contemplated by clause (I)(A) of the definition of Principal Distribution Amount (but not including any such amounts that constitute Advances) and net of any Nonrecoverable Advances then outstanding and reimbursable from such principal in accordance with Section 5.2(a)(II)(iv) below. As and to the extent provided in clause (II)(A) of the definition thereof, the Principal Distribution Amount for the Distribution Date related to such Collection Period shall be reduced to the extent that such payment or reimbursement of a Workout-Delayed Reimbursement Amount is made from the aggregate amount in the Collection Account allocable to principal pursuant to the preceding sentence.

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Reimbursement Payments The following rules shall apply to payments of any amounts under this Agreement that are treated as “reimbursement payments” under Section 409A, including, but not limited to, any payments provided under Section 4.3: (i) the amount of expenses eligible for reimbursement in one calendar year shall not limit the available reimbursements for any other calendar year; (ii) Executive shall file a claim for all reimbursement payments not later than thirty (30) days following the end of the calendar year during which the expenses were incurred, (iii) the Company shall make such reimbursement payments within thirty (30) days following the date Executive delivers written notice of the expenses to the Company; and (iv) Executive’s right to such reimbursement payments shall not be subject to liquidation or exchange for any other payment or benefit.

  • Reimbursement of Underwriters’ Expenses If the sale of the Securities provided for herein is not consummated because any condition to the obligations of the Underwriters set forth in Section 5 hereof is not satisfied, because of any termination pursuant to Section 9 hereof or because of any refusal, inability or failure on the part of the Company to perform any agreement herein or comply with any provision hereof other than by reason of a default by any of the Underwriters, the Company will reimburse the Underwriters severally upon demand for all out-of-pocket expenses (including reasonable fees and disbursements of counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities.

  • Reimbursement of General Partner (a) Except as provided in this Section 6.5 and elsewhere in this Agreement (including the provisions of Articles 5 and 6 regarding distributions, payments, and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

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