Common use of Reimbursement of Costs and Expenses Clause in Contracts

Reimbursement of Costs and Expenses. In consideration for NSM providing the Services, (i) from November 17, 2011 until December 31, 2013, NMLP shall pay NSM the Fees as set out in Schedule “B” to this Agreement and the Extraordinary Fees and Costs, if applicable, and (ii) from January 1, 2014 until December 31, 2017, NMLP shall reimburse NSM for the actual costs and expenses incurred by NSM in the manner provided for in Schedule “B”.”

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Navios Maritime Partners L.P.)

AutoNDA by SimpleDocs

Reimbursement of Costs and Expenses. In consideration for NSM providing the Services, (i) from November 17January 1, 2011 2014 until December 31, 20132015, NMLP shall pay NSM the Fees as set out in Schedule “B” to this Agreement and the Extraordinary Fees and Costs, if applicable, and (ii) from January 1, 2014 2016 until December 31, 2017, NMLP shall reimburse NSM for the actual costs and expenses incurred by NSM in the manner provided for in Schedule “B”.”

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Navios Maritime Partners L.P.)

Reimbursement of Costs and Expenses. In consideration for NSM providing the Services, (i) from November 17, 2011 until December 31, 2013during the first four (4) years of the initial term of this Agreement, NMLP shall pay NSM the Fees as set out in Schedule “B” to this Agreement and the Extraordinary Fees and Costs, if applicable, and (ii) from January during the remaining one (1, 2014 until December 31, 2017) year of the initial term of this Agreement, NMLP shall reimburse NSM for the actual costs and expenses incurred by NSM in the manner provided for in Schedule “B”.”

Appears in 2 contracts

Samples: Management Agreement, Management Agreement (Navios Maritime Partners L.P.)

Reimbursement of Costs and Expenses. In consideration for NSM providing the ServicesServices from January 1, (i) from November 17, 2011 2016 until December 31, 20132017, NMLP shall pay NSM the Fees as set out in Schedule “B” to this Agreement and the Extraordinary Fees and Costs, if applicable, and (ii) from January 1, 2014 until December 31, 2017, NMLP shall reimburse NSM for the actual costs and expenses incurred by NSM in the manner provided for in Schedule “B”.”

Appears in 1 contract

Samples: Management Agreement (Navios Maritime Partners L.P.)

AutoNDA by SimpleDocs

Reimbursement of Costs and Expenses. In consideration for NSM providing the Services, (i) from November 17January 1, 2011 2018 until December 31, 20132019, NMLP shall pay NSM the Fees as set out in Schedule “B” to this Agreement and the Extraordinary Fees and Costs, if applicable, and (ii) from January 1, 2014 2020 until December 31, 20172022, NMLP shall reimburse NSM for the actual costs and expenses incurred by NSM in the manner provided for in Schedule “B”.”

Appears in 1 contract

Samples: Management Agreement (Navios Maritime Partners L.P.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!