Termination Reimbursement Sample Clauses

Termination Reimbursement. This Agreement shall terminate without notice or demand upon the occurrence of any one of the following:
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Termination Reimbursement. Subject to Section 10.06, if Purchaser shall terminate this Agreement pursuant to Section 12.01(b) and there shall exist a material breach by Seller or Takihyo of any representation, warranty, covenant or agreement contained herein which breach is the cause of such termination, with respect to which Purchaser has provided written notice to Seller and Takihyo, then the indemnification obligations of Seller and Takihyo set forth above in this Article X shall not be applicable and, in lieu thereof, Seller and Takihyo shall pay or cause to be paid, by wire transfer in immediately available funds in accordance with wire transfer instructions provided to Seller by Purchaser, an amount, not to exceed $2,000,000, equal to all of Purchaser's out-of-pocket fees and expenses, including, without limitation, the fees and expenses of attorneys, consultants, accountants, bank and financial institutions and other professional advisors, but excluding internal overhead and similar expense allocations, incurred by Purchaser from and after November 23, 1998 in respect of the transactions contemplated by the Confidentiality Agreement, this Agreement and the other Transaction Documents.
Termination Reimbursement. (1) In addition to the termination rights for an Event of Default provided in Article 7, the Companies may terminate this Agreement, if:
Termination Reimbursement. (a) If Acquiror terminates this Agreement pursuant to Section 7.1(d), Target will pay to Acquiror, by wire transfer of immediately available funds within ten (10) business days following such termination, an amount equal to all of Acquiror’s out-of-pocket expenses incurred as a result of the transactions contemplated by this Agreement (including, without limitation, all financial advisory fees, legal and accounting fees and expenses and out-of-pocket due diligence expenses).
Termination Reimbursement. Notwithstanding anything herein to the contrary, in all events where the Earnest Money is to be retxxxxx xo Purchaser, other than in case of (i) Seller's default and failure to close hereunder or (ii) failure of Seller to obtain from Seller's Lender the release of the One Acre Portion as contemplated by Section 6.4, or (iii) failure of Seller to be ready, willing and able to deliver marketable title to the Property (subject to the Permitted Exceptions) to Purchaser in accordance with this Agreement, a portion of the Earnest Money equal to the xxx xx all costs and expenses incurred by Seller from and after December 19, 1998 in connection with the prospective development of the Property, including without limitation those costs and expenses listed on Exhibit H attached hereto, to the extent said costs were incurred on or after December 19, 1998, and additional costs and expenses incurred subsequent to the date through which the actual costs listed on Exhibit H are current (collectively, the "Termination Reimbursement"), shall be delivered to Seller as reimbursement to Seller, Purchaser having agreed to reimburse Seller for all such costs incurred from and after December 19, 1998, regardless of whether Purchaser closes on the transaction, as consideration to Seller for entering into this Agreement. If the amount of the Termination Reimbursement exceeds the Earnest Money, then the enxxxx Xxrnest Money shall be delxxxxxx to Seller and Purchaser shall immediately pay to Seller the remainder of the Termination Reimbursement, which obligation shall survive the termination of this Agreement.
Termination Reimbursement. ‌ 19 If the CONSULTANT purports to terminate this Agreement, or otherwise refuses to 20 perform pursuant to this Agreement, for reasons other than material breach by the 21 COUNTY, the CONSULTANT shall reimburse the COUNTY, up to a maximum of $10,000 22 for the actual expense of issuing a Request For Proposal (RFP), engaging a new 23 consultant, and the new consultant’s cost in becoming familiar with the previous 24 CONSULTANT’S work. The COUNTY’S entitlement to such reimbursement shall in no way 25 be construed as a limitation on other damages that may be recoverable by the COUNTY as 26 a result of the CONSULTANT’S termination, in breach of its obligations hereunder.

Related to Termination Reimbursement

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Relocation Reimbursement In the event the Company changes the principal place of business at which the Executive performs his duties to a location that is outside of a 50 mile radius of Jenkintown, Pennsylvania, the Company shall reimburse the Executive for all reasonable relocation expenses, including but not limited to, temporary housing for the Executive and his family.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as 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.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

  • Loss Reimbursement Subadviser shall reimburse the Account for any material error to the Fund's net asset value caused by Subadviser's breach of its standard of care, as set forth in the following sentence that is a direct cause of a delay in the accurate daily pricing of the Fund. In managing the Account, Subadviser shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

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