Common use of Timing of and Additional Limitations on Reimbursements Clause in Contracts

Timing of and Additional Limitations on Reimbursements. Expenses incurred by the Manager on behalf of the sxXXXX Entities and reimbursable pursuant to this Article 9 shall be reimbursed no less than monthly to the Manager. The Manager shall prepare a statement documenting the expenses of the sxXXXX Entities during each quarter and shall deliver such statement to the sxXXXX Entities within 45 days after the end of each quarter. Personnel and related employment costs incurred by the Manager or its Affiliates in performing the services described in Article 3 hereof, including salaries and wages, benefits and overhead of all employees directly involved in the performance of such services, shall be paid for by the Manager and are not subject to reimbursement by the sxXXXX Entities.

Timing of and Additional Limitations on Reimbursements. Expenses incurred by the Manager on behalf of the sxXXXX Belpointe Entities and reimbursable pursuant to this Article 9 shall be reimbursed no less than monthly to the Manager. The Manager shall prepare a statement documenting the expenses of the sxXXXX Belpointe Entities during each quarter and shall deliver such statement to the sxXXXX Belpointe Entities within 45 days after the end of each quarter. Personnel and related employment costs incurred by the Manager or its Affiliates in performing the services described in Article 3 Section 3.06 and Section 3.07 hereof, including salaries and wages, benefits and overhead of all employees directly involved in the performance of such services, shall be paid for by the Manager and are not subject to reimbursement by the sxXXXX Belpointe Entities.

Timing of and Additional Limitations on Reimbursements. Expenses incurred by the Manager on behalf of the sxXXXX Entities Company and reimbursable pursuant to this Article 9 shall be reimbursed no less than monthly to the Manager. The Manager shall prepare a statement documenting the expenses of the sxXXXX Entities Company during each quarter and shall deliver such statement to the sxXXXX Entities Company within 45 days after the end of each quarter. Personnel and related employment costs incurred by the Manager or its Affiliates in performing the services described in Article 3 hereof, including salaries and wages, benefits and overhead of all employees directly involved in the performance of such services, shall be paid for by the Manager and are not subject to reimbursement by the sxXXXX Entities.Company