CONTRACT EXPENSES Sample Clauses
The CONTRACT EXPENSES clause defines which party is responsible for covering costs incurred during the performance of the contract. Typically, it specifies whether each party bears its own expenses or if certain costs, such as travel, materials, or administrative fees, are reimbursable by the other party. This clause ensures clarity regarding financial obligations, helping to prevent disputes over payment of incidental or unforeseen expenses related to the contract.
POPULAR SAMPLE Copied 40 times
CONTRACT EXPENSES. 2.1 Each party shall bear and pay all costs and expenses incurred by it in connection with the negotiation, preparation and execution of this Contract.
2.2 Each party shall from time to time reimburse the other on demand for all costs and expenses (including fees of legal and other professional advisors) reasonably incurred by such other party in connection with the lawful enforcement of any of the rights of that party under this Agreement.
CONTRACT EXPENSES. All taxes, duties, stamps and fees levied by the Authorities in the country of the yard and connected to this CONTRACT are to be borne by the CONTRACTOR. Any taxes, duties stamps and fees levied by any other authorities than the Authorities in the country of the yard are to be borne by the PURCHASER.
CONTRACT EXPENSES all costs; expenses and disbursements payable by the Partnership or the General Partner on behalf of the Partnership in connection with the settlement of any indemnity or enforcement of any right, claim or privilege by the General Partner under this Agreement;
CONTRACT EXPENSES. 54 Article 13: Disputes.................................................... 56
CONTRACT EXPENSES. Expenses shall not be incurred prior to the effective date of this Contract.
CONTRACT EXPENSES. The Company and Executive will each pay their own costs and expenses incurred in connection with the negotiation and execution of this Agreement and the agreements contemplated hereby, unless otherwise agreed in writing between the Company and Executive.
CONTRACT EXPENSES. Each Party shall bear all of its expenses, including attorney fees, in connection with the negotiation of the documentation of this License Agreement.
CONTRACT EXPENSES. All expenses incurred in the development and execution of the Contract shall be borne by the Parties separately and individually.
CONTRACT EXPENSES. Company shall reimburse Executive for the costs and expenses, including reasonable legal fees that he incurs in connection with the review, drafting and negotiation of this Agreement and any other contemporaneous written agreements between Executive and Company contemplated by this Agreement. The Executive shall submit amounts to be reimbursed pursuant to this paragraph to the Company within 30 days of receipt of an invoice for such expense, and the Company shall reimburse Executive within 30 days of receipt from the Executive. Notwithstanding the foregoing, any expense that is not reimbursed to the Executive within two and a half months following the calendar year in which the expense was incurred shall not be reimbursed by the Company. In no event shall the Company delay payment of any invoice timely submitted by Executive for the purpose of avoiding reimbursing expenses incurred by Executive that otherwise would be reimbursable under this Section 2(c).
CONTRACT EXPENSES. Nationwide will deduct the applicable charges described herein. Contract expenses are negotiated between Nationwide and the Contract Owner based on a multitude of factors, including, but not limited to, the number of Participants covered by the Contract, the size of Plan assets, the overall expense structure of the Plan, and how the Contract Owner wants expenses distributed. The expenses described herein are deducted from Participant Accounts.