Common use of Fees, Expenses and Reimbursement Clause in Contracts

Fees, Expenses and Reimbursement. (a) The Board may cause the Fund to compensate each Director for his or her services hereunder. In addition, the Fund shall reimburse the Directors for reasonable out-of-pocket expenses incurred by them in performing their duties under this Agreement.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (CPG Cooper Square International Equity, LLC), Limited Liability Company Operating Agreement (Morrison Street Income Fund, LLC), Limited Liability Company Agreement (Curan Fund LLC)

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Fees, Expenses and Reimbursement. (a) The Board may cause the Fund to compensate each Director Manager for his or her services hereunder. In addition, the Fund shall reimburse the Directors Managers for reasonable out-of-pocket expenses incurred by them in performing their duties under this Agreement.

Appears in 2 contracts

Samples: Limited Liability Company Operating Agreement (Silicon Valley Access Fund LLC), Limited Liability Company Operating Agreement (SVX LLC)

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