Common use of Reimbursement of Expenses; Independent Contractor Clause in Contracts

Reimbursement of Expenses; Independent Contractor. All obligations or expenses incurred by the Advisor in the performance of his duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly reimbursed by the Company. The Advisor shall not be obligated to make any advance to or for the account of the Company or any other member of the Nation Group or to pay any sums, except out of funds held in accounts maintained by the Company or any other member of the Nation Group, nor shall the Advisor be obligated to incur any liability or obligation for the account of the Company or any other member of the Nation Group. The Company shall reimburse the Advisor by wire transfer of immediately available funds for any amount paid by the Advisor, which shall be in addition to any other amount payable to the Advisor under this Agreement. The Advisor shall be an independent contractor, and nothing in this Agreement shall be deemed or construed to (i) create a partnership or joint venture between the Company or any other member of the Nation Group and the Advisor, (ii) cause the Advisor to be responsible in any way for the debts, liabilities or obligations of the Company or any other party, or (iii) cause the Advisor to be an officer, employee or agent of the Company or any other member of the Nation Group.

Appears in 1 contract

Samples: Management Services Agreement (Nation Energy Inc)

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Reimbursement of Expenses; Independent Contractor. All obligations or expenses incurred by the Advisor Advisors in the performance of his their duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly reimbursed by the Company. The Advisor Advisors shall not be obligated to make any advance to or for the account of the Company or any other member of the Nation Nuveen Group or to pay any sums, except out of funds held in accounts maintained by the Company or any other member of the Nation Nuveen Group, nor shall the Advisor Advisors be obligated to incur any liability or obligation for the account of the Company or any other member of the Nation Nuveen Group. The Company shall reimburse the Advisor Advisors by wire transfer of immediately available funds for any amount paid by the AdvisorAdvisors pursuant to the foregoing, which shall be in addition to any other amount payable to the Advisor Advisors under this Agreement. The Advisor Advisors shall be an independent contractorcontractors, and nothing in this Agreement shall be deemed or construed to (i) create a partnership or joint venture between the Company or any other member of the Nation Nuveen Group and the AdvisorAdvisors or among the Advisors, (ii) cause the Advisor Advisors to be responsible in any way for the debts, liabilities or obligations of the Company or any other party, or (iii) cause the Advisor Advisors or any of their employees, partners or members to be an officerofficers, employee employees or agent agents of the Company or any other member of the Nation Nuveen Group.

Appears in 1 contract

Samples: Services Agreement (Nuveen Investment Solutions, Inc.)

Reimbursement of Expenses; Independent Contractor. All obligations or expenses incurred by the Advisor in the performance of his its duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly reimbursed by the Company. The Advisor shall not be obligated to make any advance to or for the account of the Company or any other member of the Nation YCC Group or to pay any sums, except out of funds held in accounts maintained by the Company or any other member of the Nation Group, YCC Group nor shall the Advisor be obligated to incur any liability or obligation for the account of the Company or any other member of the Nation GroupYCC Group without assurance that the necessary funds for the discharge of such liability or obligation will be provided. The Company shall reimburse the Advisor by wire transfer of immediately available funds for any amount paid by the Advisor, which shall be in addition to any other amount payable to the Advisor under this Agreement. The Advisor shall be an independent contractor, and nothing obtaining in this Agreement shall be deemed or construed to (i) create a partnership or joint venture between the Company or any other member of the Nation YCC Group and the Advisor, (ii) cause the Advisor to be responsible in any way for the debts, liabilities or obligations of the Company or any other party, or (iii) cause constitute the Advisor to be an officeror any of its employees as employees, employee officers or agent agents of the Company or any other member of the Nation YCC Group.

Appears in 1 contract

Samples: Management Services Agreement (Yankee Holding Corp.)

Reimbursement of Expenses; Independent Contractor. All obligations or expenses incurred by the Advisor in the performance of his its duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly reimbursed by the Company. The Advisor shall not be obligated to make any advance to or for the account of the Company or any other member of the Nation VWR Group or to pay any sums, except out of funds held in accounts maintained by the Company or any other member of the Nation VWR Group, nor shall the Advisor be obligated to incur any liability or obligation for the account of the Company or any other member of the Nation VWR Group. The Company shall reimburse the Advisor by wire transfer of immediately available funds for any amount paid by the Advisor, which shall be in addition to any other amount payable to the Advisor under this Agreement. The Advisor shall be an independent contractor, and nothing in this Agreement shall be deemed or construed to (i) create a partnership or joint venture between the Company or any other member of the Nation VWR Group and the Advisor, (ii) cause the Advisor to be responsible in any way for the debts, liabilities or obligations of the Company or any other party, or (iii) cause the Advisor or any of its employees to be an officerofficers, employee employees or agent agents of the Company or any other member of the Nation VWR Group.

Appears in 1 contract

Samples: Management Services Agreement (VWR Funding, Inc.)

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Reimbursement of Expenses; Independent Contractor. All obligations or expenses incurred by the each Advisor in the performance of his its duties under this Agreement shall be for the account of, on behalf of, and at the expense of the Company, and all such expenses shall be promptly reimbursed by the Company. The Neither Advisor shall not be obligated to make any advance to or for the account of the Company or any other member of the Nation VWR Group or to pay any sums, except out of funds held in accounts maintained by the Company or any other member of the Nation VWR Group, nor shall the either Advisor be obligated to incur any liability or obligation for the account of the Company or any other member of the Nation VWR Group. The Company shall reimburse the each Advisor by wire transfer of immediately available funds for any amount paid by the such Advisor, which shall be in addition to any other amount payable to the such Advisor under this Agreement. The Each Advisor shall be an independent contractor, and nothing in this Agreement shall be deemed or construed to (i) create a partnership or joint venture between the Company or any other member of the Nation VWR Group and the either Advisor, (ii) cause the either Advisor to be responsible in any way for the debts, liabilities or obligations of the Company or any other party, or (iii) cause the either Advisor or any of its respective employees to be an officerofficers, employee employees or agent agents of the Company or any other member of the Nation VWR Group.

Appears in 1 contract

Samples: Management Services Agreement (VWR Funding, Inc.)

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