Transition Expenses Sample Clauses
Transition Expenses. The Seller shall promptly reimburse the Buyer (within ten (10) business days after the Buyer provides the Seller with a bxxx for such reimbursement, with reasonable supporting detail) for any payments made by the Buyer with respect to pre-Closing vendor payments, or any other liabilities of the Business related to any period prior to the Closing Date and which are not paid by the Seller within ten (10) business days after receipt by the Seller of written notice of the Buyer’s intent to make any such payment.
Transition Expenses. The Backup Servicer shall be reimbursed for all reasonable costs and expenses incurred by the Backup Servicer during the Transfer Period specifically related to the servicing transfer of the Receivables. Such items include, but are not limited to, those related to travel, Obligor mailings, freight and file shipping.
Transition Expenses. Buyer shall be reasonable for and promptly pay when due all reasonable transition expenses set forth on Exhibit J attached hereto (the “Transition Expenses”).
Transition Expenses. St. Xxxx agrees to reimburse the Company for up to $4,500,000 of expenses of the type referenced in correspondence from St. Xxxx to the Company as of the date hereof, incurred by the Company or any of its Post-Closing Subsidiaries in connection with its first year of operations following the Closing. Such reimbursements are payable within 10 Business Days following receipt by St. Xxxx from the Company of documentation reasonably satisfactory to St. Xxxx evidencing the Company's payment of any such expenses.
Transition Expenses. The University will reimburse Xx. Xxxxx for reasonable expenses incurred, including packing and unpacking, in connection with moving him, his family and their personal property from Xx. Xxxxx'x current residences in Washington D.C. and Nebraska and into The Dasburg's President's House, with such relocation(s) conducted in accordance with the University's Requirements, including with respect to documentation of expenses. The University will also reimburse Xx. Xxxxx for travel and other costs incurred by him, his spouse and child for work performed in preparation for assuming the position of President prior to the Term of this Agreement, including campus and stakeholder visits.
Transition Expenses. The Company and the Employee agree that the Company shall pay to the Employee within thirty days of the Original Effective Date $37,500 for expenses and costs associated with Employee’s transition from his current employment to the Company.
Transition Expenses. As soon as administratively feasible after the date of this Agreement, the Company shall pay the Executive the sum of $10,000 to assist with the legal, personal financial planning and other costs incurred by the Executive in connection with the negotiation of this Agreement and the planning for his retirement. 3.
Transition Expenses. Until such point that Exec is covered by TPR’s health insurance plan, TPR shall reimburse Exec for the cost of his health insurance.
Transition Expenses. The Company and Executive acknowledge that the Company’s principal business offices will be moved from North Vancouver, BC, to the metropolitan area of Washington DC within approximately nine (9) months of the Effective Date. Until such time as the Company’s offices have been so relocated, the Company will reimburse the Executive for expenses as follows:
(a) First class travel to the Company’s offices in North Vancouver from his home in Great Falls, Virginia;
(b) hotel (and/or apartment rental) and meal expenses while working in North Vancouver; and
(c) three (3) round trips per month in order for the Executive to visit his family in Great Falls, Virginia. Until such time as the relocation to Washington DC has occurred, Executive, in his discretion, may perform his duties hereunder both at the Company’s offices in North Vancouver as well as from his home office in the Washington DC metropolitan area. In the event that the relocation has not occurred within a nine month period from Effective Date, Executive shall no longer be required to perform any duties from the North Vancouver office but may perform all duties from his home office in the Washington DC metropolitan area.
Transition Expenses. The Company shall reimburse the Executive on an after-tax basis for all out of pocket expenses for temporary living and commuting costs incurred in relocating from the Executive's home in Richmond, Virginia, through December 31, 2004.