Retainer and Expenses Sample Clauses

Retainer and Expenses. No retainer or similar advance payments will be paid or considered due by the Company to the Consultant. All expenses incurred by the Consultant and Contact shall be the sole responsibility of the Consultant and Contact. The Company will not reimburse any expenses incurred by the Consultant or Contact.
Sample 1
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Retainer and Expenses. The Company agrees to pay Consultant a monthly retainer in the amount of $15,000 per month for Consultant’s commitment to provide 60 hours per month of professional time. If Consultant devotes more than 60 hours per month to the Relief Canyon Project or to other Company matters, the extra time will be billed at an hourly rate of $250 per hour, according to the Schedule of Charges shown in Exhibit A. The Company agrees to reimburse Consultant for the expenses listed on Exhibit A incurred in working on the Company’s projects. Consultant will invoice the Company for the monthly retainer, any additional hourly charges, and expenses on a monthly basis. The retainer, additional hourly charges, and expenses shall be paid by the Company to the Consultant in U.S. dollars within 30 days after receipt of an invoice. Payment delayed past that time shall be subject to an interest charge of 1.5% per month or part thereof. In the event of any disagreement with regard to any disputed expense, Consultant and Company shall make every reasonable effort to resolve any dispute between them in a manner satisfactory to both parties.
Sample 1
Retainer and Expenses. Consultant agrees to accept a retainer of 50,000 shares in the capital of the Client and instructs that said shares be issued to the Consultant. Said shares shall also offset all expenses incurred by the Consultant in performance of this Contract, including travel.
Sample 1
Retainer and Expenses. (1) Oncolytics shall pay to Xxxx the retainer and expenses set out on Schedule “B”. (2) Oncolytics shall be entitled to withhold and remit to the appropriate taxing authorities any amounts required by law to be withheld from payments made to Xxxx. If Xxxx provides Oncolytics with an exemption certificate from Canada Customs and Revenue Agency then Oncolytics shall not withhold any federal withholding tax in respect of the payments made to Xxxx, and Xxxx shall indemnify and hold Oncolytics harmless from any liability arising in relation to the failure of Oncolytics to make withholdings from the amounts payable under this Agreement.
Sample 1
Retainer and Expenses. (a) During the Term, the Managing General Partner will pay Xxxx a Retainer at the rate of not less than $169,900 per year (the “Retainer”). Xxxx’x Retainer shall be paid in equal monthly installments in arrears on or before the last business day of each month beginning September 2009. (b) Xxxx has been provided the opportunity to elect to continue group health insurance coverage for himself and his eligible dependents under (a) COBRA for 18 months, or (b) the Managing General Partner’s offer to provide such coverage to Xxxx for three years as a retiree. Xxxx has elected option (b). The Managing General Partner therefore agrees to provide such coverage to Xxxx and his eligible dependents for the three-year period following the Commencement Date (the “Maximum Insurance Period”), such coverage to be comparable to the group health insurance coverage provided to the executive management group of the Managing General Partner or the Company (“Health Insurance”). In addition, the Managing General Partner agrees to pay on Xxxx’x behalf the costs to continue such Health Insurance for himself and his eligible dependents, subject to earlier termination under paragraph 7(d). Xxxx understands and agrees that he will not be eligible to continue Health Insurance through the Managing General Partner at the expiration of the Maximum Insurance Period. Xxxx further understands and acknowledges that the Managing General Partner will impute and report to the appropriate taxing authorities the costs of all premiums for Health Insurance paid on the behalf of Xxxx and his eligible dependents as taxable income to Xxxx. (c) During the Term, the Managing General Partner shall promptly reimburse Xxxx for all reasonable business expenses upon the presentation of reasonably itemized statements of such expenses in accordance with the Managing General Partner’s generally applied policies and procedures now in force which provide an objectively determinable nondiscretionary definition of the expenses eligible for reimbursement, or as such policies and procedures may be modified with respect to employees or contractors of the Managing General Partner. Xxxx must obtain prior written approval from the Managing General Partner before incurring any expense in excess of $1,000. (d) The Managing General Partner does not require Xxxx to obtain office space, secretarial support or any office equipment; any cost incurring such expenses will be borne by Xxxx. (e) Xxxx agrees to be accessible as neede...
Sample 1

Related to Retainer and Expenses

  • Directors’ Fees and Expenses All compensation of directors, other than those affiliated with the Manager, and all expenses incurred in connection with their service;

  • Compensation and Expenses (a) In consideration of AFD’s services hereunder, the Fund agrees to pay AFD the fees set forth in Schedule B, attached hereto. The Service Fee set forth on Schedule B may be offset by any fees and charges collected and retained by AFD as set forth below: (i) any applicable sales charge assessed upon investors in connection with the purchase of Shares; (ii) from the Fund, any applicable contingent deferred sales charge ("CDSC") assessed upon investors in connection with the redemption of Shares; (iii) from the Fund, the distribution service fees with respect to the Shares of those classes as designated in Schedule A for which a Plan is effective (the "Distribution Fee"); and (iv) from the Fund, the shareholder service fees with respect to the Shares of those Classes as designated in Schedule A for which a Service Plan is effective (the "Shareholder Service Fee"). (b) The Distribution Fee and Shareholder Service Fee, if any, shall be accrued daily by the Trust or class thereof and shall be paid monthly as promptly as possible after the last day of each calendar month but in any event on or before the fifth (5th) Fund Business Day after month-end, at the rate or in the amounts set forth in the Plan(s). The Trust grants and transfers to AFD a general lien and security interest in any and all securities and other assets of the Trust now or hereafter maintained in an account at the Trust’s custodian on behalf of the Trust to secure any Distribution Fees, Shareholder Service Fees, or other fees owed AFD by the Trust under this Agreement. (c) The Trust shall be responsible and assumes the obligation for payment of all the expenses of the Trust, including fees and disbursements of its counsel and auditors, in connection with the preparation and filing of the Registration Statement and Prospectus (including but not limited to the expense of setting in type the Registration Statement and Prospectus and printing sufficient quantities for internal compliance, regulatory purposes and for distribution to current shareholders). The Trust shall bear the cost and expenses (i) of the registration of the Shares for sale under the Securities Act; (ii) of the registration or qualification of the Shares for sale under the securities laws of the various States; (iii) if necessary or advisable in connection therewith, of qualifying the Funds, (but not AFD) as an issuer or as a broker or dealer, in such States as shall be selected by the Trust and AFD pursuant to Section 6(c) hereof; (iv) payable to each State for continuing registration or qualification therein until the Funds decide to discontinue registration or qualification pursuant to Section 6(c) hereof; and (v) payable for standard transmission costs, including costs imposed by the National Securities Clearing Corporation. AFD shall pay all expenses relating to AFD's broker-dealer qualification.

  • Legal Fees and Expenses The parties shall each bear their own expenses, legal fees and other fees incurred in connection with this Agreement.

  • Fee and Expenses There shall have been paid to the Administrative Agent, for the account of the Administrative Agent, its Related Persons, any L/C Issuer or any Lender, as the case may be, all fees and all reimbursements of costs or expenses, in each case due and payable under any Loan Document on or before the Closing Date.

  • Payment and Expenses 8.1 Each payment to be made by the Guarantor under this guarantee shall be made in pounds sterling, free and clear of all deductions or withholdings of any kind, except for those required by law, and if any deduction or withholding must be made by law, the Guarantor shall pay that additional amount which is necessary to ensure that the Authority receives a net amount equal to the full amount which it would have received if the payment had been made without the deduction or withholding. 8.2 The Guarantor shall pay interest on any amount due under this guarantee from the day after the date on which payment was due up to and including the date of payment in full (whether before or after judgment) in accordance with the Late Payment of Commercial Debts (Interest) Xxx 0000. 8.3 The Guarantor shall reimburse the Authority for all legal and other costs (including VAT) incurred by the Authority in connection with the enforcement of this guarantee.

  • Transition and Expenses If the Asset Representations Reviewer resigns or is removed, the Asset Representations Reviewer will cooperate with the Issuer and take all actions reasonably requested to assist the Issuer in making an orderly transition of the Asset Representations Reviewer’s rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses (including the fees and expenses of counsel) of transitioning the Asset Representations Reviewer’s obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on such obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer or the successor Asset Representations Reviewer.

  • Custodian's Fees and Expenses (a) The Depositor, Designated Beneficiary and Responsible Individual agree that the Custodian shall be entitled to receive any and all fees specified in the Custodian's current published fee schedule for establishing and maintaining this Xxxxxxxxx ESA, including, but not limited to, any fees for distributions from, transfers from, and terminations of this Xxxxxxxxx ESA. The Custodian may change its fee schedule at any time by giving the Designated Beneficiary (or Responsible Individual) 30 days prior written notice. (b) The Depositor, Designated Beneficiary and Responsible Individual agree that the Custodian shall be entitled to reimbursement for any expenses incurred by the Custodian in the performance of its duties in connection with the account. Such expenses include, but are not limited to, administrative expenses, such as legal and accounting fees, and any taxes of any kind whatsoever that may be levied or assessed with respect to such account. (c) All such fees, taxes, and other administrative expenses charged to the account shall be collected either from the assets in the account or from any contributions to or distributions from such account if not paid by the Depositor, Designated Beneficiary or Responsible Individual, but the Depositor, Designated Beneficiary and Responsible Individual shall be responsible for any deficiency. (d) In the event that for any reason the Custodian is not certain as to who is entitled to receive all or part of the Custodial Funds, the Custodian reserves the right to withhold any payment from the Custodial Account, to request a court ruling to determine the disposition of the Custodial assets, and to charge the Custodial Account for any expenses incurred in obtaining such legal determination.

  • Costs, Fees and Expenses Except as otherwise specifically provided herein, each party hereto agrees to pay all costs, fees and expenses which it has incurred in connection with or incidental to the matters contained in this Agreement, including without limitation any fees and disbursements to its accountants and counsel; provided, that the Assuming Institution shall pay all fees, costs and expenses (other than attorneys' fees incurred by the Receiver) incurred in connection with the transfer to it of any Assets or Liabilities Assumed hereunder or in accordance herewith.

  • Payment of Fees and Expenses Borrower shall have paid to Lender all fees, charges, and other expenses which are then due and payable as specified in this Agreement or any Related Document.

  • Benefits and Expenses The Company shall reimburse Director for reasonable out-of-pocket expenses incurred in connection with discharging his duties as a Board member. Any additional expenses shall be pre-approved by the President or CFO of the Company and will be reimbursed subject to receiving reasonable substantiating documentation relating to such expenses.

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