CONSTRUCTION REIMBURSEMENT AND PAYMENT Sample Clauses

CONSTRUCTION REIMBURSEMENT AND PAYMENT. Subject to the provisions of this Exhibit B-1, and provided Tenant is not in default under this Lease beyond any applicable notice and cure period, Landlord shall reimburse to Tenant an amount (hereinafter called the “Construction Consideration”) equal to $100,000.00. The Construction Consideration shall be due only during the original Term of this Lease. The Construction Consideration shall be payable within sixty (60) days following Xxxxxx’s written application for such payment and the satisfaction of all of the following conditions:
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CONSTRUCTION REIMBURSEMENT AND PAYMENT. Subject to the provisions of this Addendum, and provided Tenant is not in default under this Lease beyond any applicable notice and cure period, Landlord shall pay to Tenant an amount (hereinafter called the "Allowance") equal to EIGHT HUNDRED EIGHTEEN THOUSAND AND NO/100 DOLLARS ($818,000.00). The Allowance shall be due only during the original Term of this Lease. The Allowance shall be payable as follows:
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CONSTRUCTION REIMBURSEMENT AND PAYMENT. Subject to the provisions of this Addendum, and provided Tenant is not in default under this Lease beyond any applicable notice and cure period, Landlord shall reimburse to Tenant an amount up to for Tenant’s construction costs and start-up costs for purchase of equipment, materials and inventory for Tenant’s operation in the Premises (hereinafter called the “Allowance”). The Allowance shall be due only during the original Term of this Lease. The Allowance shall be payable within sixty (60) days of written application for such payment by Tenant after all of the following conditions are satisfied:
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Related to CONSTRUCTION REIMBURSEMENT AND PAYMENT

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

  • 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.

  • 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).

  • 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.

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

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