Additional Expense Clause Samples
The Additional Expense clause defines the circumstances under which one party may be required to pay for costs that go beyond the originally agreed-upon expenses in a contract. This clause typically applies when unforeseen events, changes in scope, or delays cause extra costs, such as overtime labor, expedited shipping, or the need for substitute materials. Its core function is to allocate responsibility for these unexpected costs, ensuring that both parties understand who will bear the financial burden if additional expenses arise during the course of the agreement.
Additional Expense. Property Dues: The property dues fee in addition to the Base Monthly Rent shall be $192.40.
Additional Expense. 11.1 If in consequence of the Works and/or any Regulated Change Network Rail incurs additional cost and expense in connection with the repair, maintenance, improvement, operation or alteration of the Railway which would not have been incurred but for the Works and/or the Regulated Change ("Additional Expense"), then the provisions of this Clause 11 shall apply.
11.2 In applying for the Regulated Change, the relevant Party shall also agree the calculation of the Additional Expense (obtaining approvals where necessary) and shall, where applicable, recover any contribution to the Additional Expense from a third party.
11.3 The Customer shall pay the Additional Expense, as an annual sum, for the life of the relevant Enhanced Assets where the Additional Expense is greater than £50,000 per annum after deduction of any sums paid to Network Rail by a third party.
11.4 The Additional Expense shall be calculated as follows:
(a) where the Additional Expense has not been calculated prior to the Works Commencement Date:
(i) Network Rail shall estimate a fixed sum payable each year and if such fixed sum is accepted by the Customer, this shall be the agreed Additional Expense and Network Rail shall not be entitled to claim any other sums pursuant to this Clause 11; or
(ii) where the Parties can not agree a fixed sum pursuant to Clause 11.4(a)(i) then the Additional Expense shall be the sum calculated pursuant to the Regulated Change procedure if applicable or, where there is no Regulated Change, the sum calculated by Network Rail acting reasonably;
(b) where the Regulated Change has been obtained and the Additional Expense has been calculated prior to the Works Commencement Date, the Customer shall pay the calculated Additional Expense which is set out in Paragraph 5.1 of Schedule 2; and such Additional Expense shall be paid by the Customer to Network Rail within 20 Working Days of receipt of an invoice from Network Rail setting out the amounts due.
Additional Expense. REIMBURSEMENTS. Tenant shall pay for all utilities relating to its entire space and the following additional extraordinary costs relating to its computer room: (a) UPS, generator, wiring, and HVAC repair and maintenance; (b) security; (c) life safety; (d) insurance; and (e) damage to its equipment not otherwise covered by Landlord's or Tenant's insurance.
Additional Expense. For each month that an Exhibition extends beyond six (6) months at a particular venue, Live Nation shall pay to Premier as an additional expense the sum of eighty three thousand three hundred and thirty three dollars and thirty three cents ($83,333.33) per month.