Reimbursement of Expenses; Fees for Professional Services Sample Clauses

Reimbursement of Expenses; Fees for Professional Services. The Manager and its Affiliates will receive reimbursement of reasonable expenses paid or incurred by the Manager or its Affiliates in connection with the Company’s operations, including any legal, financial and tax reporting, and accounting costs, which may be paid from Capital Contributions, operating revenue, or reserves. The Manager may also reimburse others for such expenses incurred by them in connection with the Company’s operations, as decided in the Manager's sole discretion. In addition, the Manager or its Affiliates will be reimbursed the fair value for provision of professional services to the Company at Market Rates on either an hourly or per-service basis, as permitted by Section 10.11.
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Related to Reimbursement of Expenses; Fees for Professional Services

  • Reimbursement of Expenses The Company shall reimburse Executive, upon presentation of proper expense statements, for all authorized, ordinary and necessary out-of-pocket expenses reasonably incurred by Executive during the Term in connection with the performance of his services pursuant to this Agreement hereunder in accordance with the Company’s expense reimbursement policy.

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