Reimbursement of Material Costs Sample Clauses

Reimbursement of Material Costs. 1. Except as provided elsewhere in this contract, the cost of all materials reasonably necessary to complete the Project shall be reimbursable expenses and shall be included by Contractor in applications for payment. Cost of materials shall include sales or use tax on materials, tariffs, duties, consumable supplies, small tools, delivery expense, insurance premiums on materials when actually paid by Contractor and all other related costs when approved in advance by Owner.
Sample 1
AutoNDA by SimpleDocs
Reimbursement of Material Costs. If Farmoutor elects to take over a well drilled by Farmoutee pursuant to Article 9.1 above, Farmoutor will reimburse Farmoutee a reasonable salvage value or compensation for pipe and any other materials in the well that could have been recovered by Farmoutee if Farmoutor had not taken over the well. If the Farmoutor takes over a well, Farmoutor will also reasonably reimburse Farmoutee for Farmoutee's unused materials utilized in subsequent operations by Farmoutor.
Sample 1
Reimbursement of Material Costs. 1. Except as provided elsewhere in this contract, the cost of all materials reasonably necessary to complete the PROJECT MANAGING shall be reimbursable expenses and shall be included by PROJECT MANAGER in applications for payment. Cost of materials shall include sales or use tax on materials, tariffs, duties, consumable supplies, small tools, delivery expense, insurance premiums on materials when actually paid by PROJECT MANAGER and all other related costs when approved in advance by Owner. 2. All purchases of materials shall be at market prices with the most attractive terms available, including discounts and free delivery when available. Major purchases shall be made after comparing competitive offers from principal Material Suppliers. No purchase shall be made through any subsidiary, affiliate or parent company of PROJECT MANAGER without prior written consent of Owner. PROJECT MANAGER shall accept no gratuity, gift or kickback from any Material Supplier without prior written approval of Owner. 3. Discounts of 2 percent or less for accelerated payment of invoices for materials shall accrue to PROJECT MANAGER unless Owner deposits with PROJECT MANAGER a sum sufficient to cover the cost of accelerated payment of invoices for materials. All other discounts and all discounts of more than 2 percent, including rebates, refunds and proceeds from sale of surplus material and equipment, shall accrue to Owner. All credits issued on materials shall accrue to the benefit of Owner. All materials paid for by Owner but not used in the PROJECT MANAGING shall remain the property of Owner. 4. PROJECT MANAGER hereby assigns to Owner any and all Claims for antitrust Law violations or damages arising therefrom as to goods, materials and services purchased under the terms of this contract. PROJECT MANAGER warrants and represents that each Material Supplier and Subcontractor shall make a Similar assignment of antitrust Claims to Owner.
Sample 1
Reimbursement of Material Costs. Cost of Materials. The cost of materials, furnished pursuant to specific authorization by the Ordering Officer shall be reimbursed at the contractor's invoice cost less any discounts to be taken plus applicable DCAA indirect cost(s). No fee shall be allowed on material cost. Expendable material costs for items such as office supplies, report paper, diskettes, printer ribbons, printer wheels/thimbles, drafting equipment and tools of the trade items, such as word processing and reproduction equipment or any equipment that is normally found in an office shall be absorbed by the contractor in his applicable burden rate. The contractor shall support material invoice with copies of paid invoices or store room requisitions to support all direct material costs claimed.
Sample 1

Related to Reimbursement of Material Costs

  • Reimbursement of Costs Incurred The Contractor agrees to reimburse the Authorized User promptly for any and all additional costs and expenses incurred for acquiring acceptable services, and/or replacement Product. Should the cost of cover be less than the Contract price, the Contractor shall have no claim to the difference. The Contractor covenants and agrees that in the event suit is successfully prosecuted for any default on the part of the Contractor, all costs and expenses, including reasonable attorney’s fees awarded by a court of competent jurisdiction, shall be paid by the Contractor.

  • Reimbursement of Business Expenses The Executive is authorized to incur reasonable expenses in carrying out the Executive’s duties for the Company under this Agreement and shall be entitled to reimbursement for all reasonable business expenses the Executive incurs during the Period of Employment in connection with carrying out the Executive’s duties for the Company, subject to the Company’s expense reimbursement policies and any pre-approval policies in effect from time to time.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • REIMBURSEMENT OF FEES AND COSTS The Parties acknowledge that Xxxxxxx and her counsel offered to reach preliminary agreement on the material terms of this dispute before reaching terms on the amount of fees and costs to be reimbursed to them. The Parties thereafter reached an accord on the compensation due to Xxxxxxx and her counsel under general contract principles and the private attorney general doctrine and principles codified at California Code of Civil Procedure § 1021.5, for all work performed through the mutual execution of this agreement. Under these legal principles, ABG shall reimburse Xxxxxxx’s counsel for fees and costs incurred as a result of investigating and bringing this matter to ABG’s attention, and negotiating a settlement in the public interest. Within ten (10) days of the Effective Date, ABG shall issue a check payable to “Xxxxxxx & Xxxxx” in the amount of $4,500.00 for delivery to the address identified in § 3.2(a)(i), above.

  • Patent Expenses Unless agreed otherwise, the Party filing a Patent Application will pay all preparation and filing expenses, prosecution fees, issuance fees, post issuance fees, patent maintenance fees, annuities, interference expenses, and attorneys’ fees for that Patent Application and any resulting Patent(s). If a license to any CRADA Subject Invention is granted to Collaborator, then Collaborator will be responsible for all expenses and fees, past and future, in connection with the preparation, filing, prosecution, and maintenance of any Patent Applications and Patents claiming exclusively licensed CRADA Subject Inventions and will be responsible for a pro-rated share, divided equally among all licensees, of those expenses and fees for non-exclusively licensed CRADA Subject Inventions. Collaborator may waive its exclusive option rights at any time, and incur no subsequent financial obligation for those Patent Application(s) or Patent(s).

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Reimbursement of Costs City may reimburse Consultant’s out-of-pocket costs incurred by Consultant in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Consultant shall be responsible for any and all out-of-pocket costs incurred by Consultant in the performance of the Required Services.

  • Reimbursement of Costs and Expenses Seller shall have paid, or reimbursed Purchaser for, all reasonable and documented out-of-pocket expenses, including but not limited to reasonable legal fees of outside counsel and reasonable and due diligence fees, actually incurred by Purchaser in connection with the development, preparation and execution of this Agreement, the other Transaction Documents and any other documents prepared in connection herewith or therewith.

  • Reimbursement of Fee Waivers and Expense Reimbursements If on any day during which the Advisory Agreement is in effect, the estimated annualized Fund Operating Expenses of the Fund for that day are less than the Operating Expense Limit, the Adviser shall be entitled to reimbursement by a Fund of the investment advisory fees waived or reduced, and any other expense reimbursements or similar payments remitted by the Adviser to the Fund pursuant to Section 1 hereof (the “Reimbursement Amount”) within three years after the year in which the Adviser waived or reduced investment advisory fees or reimbursed expenses, to the extent that the Fund’s annualized Operating Expenses plus the amount so reimbursed equals, for such day, the Operating Expense Limit, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount and will not include any amounts previously reimbursed.

  • Meal Reimbursement When an employee is specifically directed by the City to work two (2) hours or longer at the beginning or end of their normal work shift away from their place of residence of at least eight (8) hours or work two (2) hours or longer at the end of their work shift of at least eight (8) hours when the employee is called in to work on their regular day off, or otherwise works under circumstances for which meal reimbursement is authorized per Ordinance 111768 and the employee actually purchases a reasonably priced meal away from his place of residence as a result of such additional hours of work, the employee shall be reimbursed for the "reasonable cost" of such meal in accordance with Seattle Municipal Code (SMC) 4.20.

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