Reimbursement of Managers. All direct costs and expenses incurred by the Managers in managing and conducting the business and affairs of the Company, including, without limitation, (i) all costs and expenses incurred in organizing the Company and in conducting any business activities of the Company, (ii) telephone and other office expenses, (iii) travel expenses and (iv) expenses incurred in providing or obtaining such other professional, technical, administrative services and advice as the Managers may deem necessary or desirable, shall be paid or reimbursed by the Company as a Company expense.
Appears in 13 contracts
Samples: Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc), Limited Liability Company Agreement (Global Imaging Systems Inc)
Reimbursement of Managers. All direct costs and expenses incurred by the Managers a Manager as an individual in managing and conducting the business and affairs of the Company, including, without limitation, (i) all costs and expenses incurred in organizing the Company and in conducting any business activities of the Company, (ii) telephone and other office expenses, (iii) travel expenses and (iv) expenses incurred in providing or obtaining such other professional, technical, technical administrative services and advice as the Managers Manager may deem necessary or desirable, shall be paid or reimbursed by the Company as a Company expenseexpense provided such expenses comply with the reimbursement policies of the Company as established by the Managers.
Appears in 4 contracts
Samples: Operating Agreement (American Materials Transport, Inc.), Operating Agreement (Pacific Custom Materials Inc), Operating Agreement (American Materials Transport, Inc.)
Reimbursement of Managers. All direct costs and expenses incurred by the Managers any Manager as an individual in managing and conducting the business and affairs of the Company, including, without limitation, (i) all costs and expenses incurred in organizing the Company and in conducting any business activities of the Company, (ii) telephone and other office expenses, (iii) travel expenses and (iv) expenses incurred in providing or obtaining such other professional, technical, administrative services and advice as a Majority of the Managers may deem necessary or desirable, shall be paid or reimbursed by the Company as a Company expense.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Clayton Williams Energy Inc /De), Limited Liability Company Agreement (NBL Texas, LLC)
