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.
Reimbursement of General Partner. The General Partner will be reimbursed by the Limited Partnership for reasonable General Expenses incurred by the General Partner in the performance of its duties hereunder.
Reimbursement of General Partner. 17 11.1 Compensation and Expense Reimbursement of Partners.........................................17
Reimbursement of General Partner. The Partnership shall -------------------------------- reimburse the General Partner for any direct out-of-pocket expenses incurred by the General Partner on behalf of, or reasonably allocated to, the Partnership.
Reimbursement of General Partner. Except as expressly provided in this Section, the General Partner shall not be compensated for its services as general partner of the Partnership. The General Partner may be reimbursed by the Partnership on a monthly basis for all third-party out-of-pocket expenses it incurs relating to the operation of, or for the benefit of, the Partnership (but, for clarity, not for expenses that are designated as non-reimbursable expenses under the Management Agreement).
Reimbursement of General Partner. The Partnership shall be liable for, and shall reimburse the General Partner on an after-tax basis at such intervals as the General Partner may determine, all:
Reimbursement of General Partner. 9.1 The General Partner shall be reimbursed by the Partnership for all costs and expenses incurred by the General Partner in conducting Partnership business excluding administrative and overhead expenses but including the cost of such professional, technical, administrative and other services and advice as the General Partner shall consider necessary.
Reimbursement of General Partner. The General Partner is entitled to reimbursement by the Limited Partnership for all reasonable third party costs and expenses actually incurred by it on behalf of the Limited Partnership in the ordinary course of business or other costs and expenses incidental to acting as General Partner to the Limited Partnership which are incurred in connection with such costs and expenses.
Reimbursement of General Partner. The Partnership shall pay or reimburse to the General Partner, as a Partnership expense, all reasonable direct and indirect costs and expenses incurred by the General Partner in organizing the Partnership and in managing and conducting the business and affairs of the Partnership, including, without limitation, (i) all costs and expenses incurred in any business of the Partnership, (ii) secretarial, telephone, office rent and other office expenses, (iii) salaries and other compensation expenses of employees, officers and directors, (iv) other administrative expenses, (v) travel expenses, (vi) legal and accounting costs and expenses and (vii) expenses incurred in providing or obtaining such other professional, technical, administrative services and advice as the General Partner may deem necessary or desirable. The General Partner may utilize the services of any of its Affiliates in the course of conducting the business and affairs of the Partnership, and the Partnership may pay, and any such Affiliate shall be entitled to receive, a reasonable fee for any services performed at the request of the General Partner for the Partnership. The General Partner shall determine which expenses are allocable to the Partnership in a manner which is fair and reasonable to the General Partner and the Partnership, and if such allocation is made by the General Partner in good faith it shall be conclusive in the absence of manifest error.
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. (b) The General Partner shall be reimbursed on a monthly basis, or such other basis as the General Partner may determine in its sole and absolute discretion, for all Administrative Expenses incurred by the General Partner. Reimbursement of Administrative Expenses shall be treated as an expense of the Partnership and not as allocations of Partnership income or gain. 6.6
