Cost Allocation Agreement Sample Clauses
A Cost Allocation Agreement is a contractual provision that defines how expenses and costs are distributed among the parties involved in a project or business arrangement. Typically, it outlines the specific types of costs covered, the method for calculating each party's share, and the timing of payments or reimbursements. For example, in a joint venture, the agreement may specify that operational costs are split equally, while capital expenditures are divided based on ownership percentages. The core function of this clause is to ensure transparency and fairness in financial responsibilities, thereby preventing disputes over who pays for what during the course of the collaboration.
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Cost Allocation Agreement. Without limiting the foregoing or any other provision of this Lease, the Parties agree that they may from time to time enter into cost allocation agreements or other contractual arrangements with respect to the allocation of the operating costs of the buildings on the Corporate Campus as between Landlord, Tenant, and/or other parties.
Cost Allocation Agreement. Without limiting the foregoing or any other provision of this Sublease, the Parties agree that they may from time to time enter into cost allocation agreements or other contractual arrangements with respect to the allocation of the operating costs of the buildings on the Corporate Campus as between Sublessor, Sublessee, and/or other parties.