Reimbursement Rights Sample Clauses

Reimbursement Rights. Within thirty (30) days after the occurrence of the Termination Date, the Company shall reimburse Executive for any reasonable expenses (up to a maximum of Twenty Thousand Dollars ($20,000)) incurred by Executive in connection with the negotiation of this Agreement including, without limitation, reasonable attorneys’ fees incurred by Executive. Executive shall submit all requests to the Company for expense reimbursements under this Section 3(b) within twenty-one (21) days after the Termination Date.
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Reimbursement Rights. Anything herein contained to the contrary not withstanding, T/A and Unocal agree that nothing in this Agreement shall be deemed to constitute a transfer or assignment by either Party to the other of any rights to reimbursement from any state reimbursement fund for any environmental assessment or remediation activities conducted by each Party at its expense at the Covered Facilities or the Sold Sites, all of which rights each Party specifically reserves unto itself. In the event that either Party shall receive reimbursement from any state reimbursement fund for work performed by the other Party at its expense, the receiving Party shall promptly remit such reimbursement amount to the Party that incurred the corresponding expense. Unocal hereby agrees to reasonably cooperate with T/A to facilitate reimbursement from state reimbursement funds for activities conducted by T/A, at it's expense, at any of the Covered Facilities and assign to T/A its rights to such state reimbursement funds (to the extent attributable to work performed by T/A at it's expense) if requested by T/A.
Reimbursement Rights. All rights, remedies, benefits and defenses under California Civil Code Section 2847 which, in the absence of the waivers contained in this Section 10.1, provides that if Guarantor were to satisfy or pay the Indebtedness. Borrower would or may be obligated to reimburse Guarantor for amounts which Guarantor has paid, including necessary costs and expenses;
Reimbursement Rights. All payments made and all costs and expenses incurred in connection with any exercise of such right shall be reimbursed to the party making such payments within ten (10) days after an invoice has been sent to the other party, together with interest at the rate of ten percent (10%) per annum, compounded monthly, or at such lower rate, if any, that is the highest legal rate in the State of California from the respective dates of the making of such payments or the incurring of such costs and expenses, to the party making and paying the same. In addition to any other rights and remedies available to either party, Landlord shall have, in respect of Tenant's failure to make reimbursement of any amounts as aforesaid, the same rights and remedies as in the case of default by Tenant in the payment of the Basic Rent.

Related to Reimbursement Rights

  • Reimbursement Payments The Department shall, to the extent funds are available, reimburse the Grantee for eligible claims presented for payment if the Department determines the requirements for reimbursement have been met. Claims under this Contract can only be made for the period this Contract is in effect. Reimbursement programs include the following:

  • 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 the Underwriters’ Expenses If, after the execution and delivery of this Agreement, the Units are not delivered for any reason other than the termination of this Agreement pursuant to the fifth paragraph of Section 8 hereof or the default by one or more of the Underwriters in its or their respective obligations hereunder, the Company shall, in addition to paying the amounts described in Section 4(m), reimburse the Underwriters for all of their out-of-pocket expenses, including the fees and disbursements of their counsel.

  • Reimbursement of Fees and Expenses The Advisor retains its right to receive reimbursement of any excess expense payments paid by it pursuant to this Agreement under the same terms and conditions as it is permitted to receive reimbursement of reductions of its investment management fee under the Investment Advisory Agreement.

  • Reimbursement of Business Expenses Executive is authorized to incur ordinary, necessary, and reasonable business expenses in connection with the performance of his duties, responsibilities, and authorities under this Agreement and for the promotion of the Company’s business and activities during this Agreement, including but not limited to expenses for necessary travel and entertainment and other items of expense required in the normal and routine course of Executive’s employment under this Agreement. The Company will reimburse Executive from time to time for all such business expenses actually incurred pursuant to and in conformity with this paragraph and the policies and practices of the Company then in effect relative to the reimbursement of business expenses.

  • Reimbursement Agreement The Sponsor entered into an Expense Reimbursement Agreement (“Reimbursement Agreement”) substantially in the form annexed as an exhibit to the Registration Statement pursuant to which the Sponsor has committed to fund the Company up to $1,750,000 for the Company’s expenses relating to investigating and selecting a target business and other working capital requirements prior to an initial Business Combination.

  • Reimbursement; Participations (a) If Issuing Bank honors any request for payment under a Letter of Credit, Borrowers shall pay to Issuing Bank, on the same day (“Reimbursement Date”), the amount paid by Issuing Bank under such Letter of Credit, together with interest at the interest rate for Base Rate Revolver Loans from the Reimbursement Date until payment by Borrowers. The obligation of Borrowers to reimburse Issuing Bank for any payment made under a Letter of Credit shall be absolute, unconditional, irrevocable, and joint and several, and shall be paid without regard to any lack of validity or enforceability of any Letter of Credit or the existence of any claim, setoff, defense or other right that Borrowers may have at any time against the beneficiary. Whether or not Borrower Agent submits a Notice of Borrowing, Borrowers shall be deemed to have requested a Borrowing of Base Rate Revolver Loans in an amount necessary to pay all amounts due Issuing Bank on any Reimbursement Date and each Lender agrees to fund its Pro Rata share of such Borrowing whether or not the Commitments have terminated, an Overadvance exists or is created thereby, or the conditions in Section 6 are satisfied.

  • Reimbursement If any Purchaser becomes involved in any capacity in any Proceeding by or against any Person who is a stockholder of the Company (except as a result of sales, pledges, margin sales and similar transactions by such Purchaser to or with any current stockholder), solely as a result of such Purchaser’s acquisition of the Securities under this Agreement, the Company will reimburse such Purchaser for its reasonable legal and other expenses (including the cost of any investigation preparation and travel in connection therewith) incurred in connection therewith, as such expenses are incurred. The reimbursement obligations of the Company under this paragraph shall be in addition to any liability which the Company may otherwise have, shall extend upon the same terms and conditions to any Affiliates of the Purchasers who are actually named in such action, proceeding or investigation, and partners, directors, agents, employees and controlling persons (if any), as the case may be, of the Purchasers and any such Affiliate, and shall be binding upon and inure to the benefit of any successors, assigns, heirs and personal representatives of the Company, the Purchasers and any such Affiliate and any such Person. The Company also agrees that neither the Purchasers nor any such Affiliates, partners, directors, agents, employees or controlling persons shall have any liability to the Company or any Person asserting claims on behalf of or in right of the Company solely as a result of acquiring the Securities under this Agreement.

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