Reimbursements to Developer Sample Clauses
Reimbursements to Developer. Owner shall reimburse Developer for any and all of the following costs and expenses incurred by Developer in conjunction with the Project:
(i) the third party costs of obtaining all necessary inspections, tests, approvals, permits and governmental fees, licenses and bonds legally necessary or required by Owner for the proper execution and completion of Developer’s Services;
(ii) the third party costs of all materials and supplies necessary for the proper execution and completion of Developer’s Services including ordinary and necessary third party out-of-pocket costs and expenses for airfare, hotels, meals, couriers, photocopying, postage, entertainment expenses and other similar corporate overheads incurred by the Developer in connection with the day-to-day execution of Developer’s Services (and budgeted on an ongoing basis for approval by Owner);
(iii) payments made by Developer on behalf of Owner or the Project;
(iv) all costs associated with the inspection of the Project and the status thereof by representatives of Developer, as Developer shall, in its sole discretion, deem necessary from time to time, including, but not limited to, all travel, meals, entertainment and other out-of-pocket expenses of Developer’s employees incurred in the performance of this Agreement, in accordance with reasonable protocols to be established between Owner and Developer;
(v) any costs incurred pursuant to and in accordance with the terms of Section 8.02;
(vi) all Project related costs, expenses and overheads in connection with the presence of and activities of Developer’s staff servicing the Project site, including but not limited to, salaries, wages and benefits of Developer’s staff (including those key personnel referred to in Section 4.05), provision of fully fitted-out office space with power back-up, air conditioning, UPS, furniture, fixtures and equipment, utilities, telephone, postage, courier services, photocopying, stationery and related office expenses provided that any head-office, corporate-allocated, or other off-site costs of Developer shall not be eligible for reimbursement; and
(vii) any other costs reasonably associated with Developer’s Services. Developer shall submit statements covering such items to Owner, and Owner shall pay to Developer or its Affiliate(s), as applicable, the amount indicated thereon promptly upon the receipt of such statements. Developer shall keep appropriate records to document all reimbursable expenses paid by Developer, which r...
