Common use of Terms of Payment and Related Matters Clause in Contracts

Terms of Payment and Related Matters. (a) As consideration for provision of the Services, Recipient shall pay Provider the amount specified for each Service in accordance with the terms set forth in the Service Schedules. In addition to such amounts, unless covered in the amount specified for the Services in accordance with the terms set forth in the Service Schedules, Recipient shall reimburse Provider for reasonable documented expenses incurred by Provider in the provision of any Service, including, without limitation, Employee Expenses, license fees, and payments to third-party service providers or subcontractors (collectively, “Out-of-Pocket Costs”), in accordance with the procedure set forth in Section 3.2(c).

Appears in 3 contracts

Samples: Transition Services Agreement (Smith & Wesson Brands, Inc.), Transition Services Agreement (American Outdoor Brands, Inc.), Transition Services Agreement (American Outdoor Brands, Inc.)

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Terms of Payment and Related Matters. (a) As consideration for provision of the Services, Recipient shall pay Provider the amount specified for each Service in accordance with the terms set forth in the Service Schedules. In addition to such amounts, unless covered in the amount specified for the Services in accordance with the terms set forth in the Service Schedules, Recipient shall reimburse Provider for reasonable documented expenses incurred by Provider in the provision of any Service, including, without limitation, Employee Expenses, license fees, and payments to third-party service providers or subcontractors (collectively, “Out-of-Pocket Costs”), in accordance with the procedure set forth in Section 3.2(c3.2(b).

Appears in 1 contract

Samples: Transition Services Agreement (American Outdoor Brands, Inc.)

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