Obligations for Expenses Sample Clauses

Obligations for Expenses. All obligations and expenses incurred by Manager in accordance with this Agreement shall be deemed to be obligations and expenses of the Owner, the parties acknowledging that Manager may engage, at the Owner's expense, independent contractors and service providers as permitted under this Agreement, as may be usual and customary in the circumstances in connection with the performance of Manager's duties hereunder. The salaries and benefits of the Non-Property Staff of Manager shall be paid by the Manager from its own funds. Manager shall be reimbursed for any costs and expenses (other than those described in the immediately preceding sentence) related to a Property, including, without limitation, those for office supplies, postage, copying charges, telephone tolls, computer time, travel and entertainment. Such reimbursement shall be paid monthly from the Operating Expense Account and shall be limited to an amount equal to $90,000 during any consecutive twelve month period (or a pro rata amount for any period less than twelve months) (the "Maximum Reimbursement Amount"). The Maximum Reimbursement Amount shall be increased on August 31, 1997 and on each August 31 thereafter during the Term of this Agreement (a "Review Date") by the lesser of (i) the percentage change in the CPI during the twelve months immediately preceding such Review Date or (ii) 3%. For purposes of this Section, CPI means the Consumer Price Index for Urban Wage Earners and Clerical Workers, U.S. City Average (1967 = 100) Unadjusted, all items indexed published by the Bureau of Labor Statistics, United States Department of Labor (the "Department of Labor"). If the CPI shall cease to be compiled and published at any time before an adjustment is to be calculated on a Review Date, but a comparable successor index is compiled and published by the Department of Labor, the adjustments under this Section shall be computed according to such successor index, with such mutually agreed upon adjustments in the index to reflect any difference in the method of computation used in the CPI. If on any Review Date,
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Obligations for Expenses. Except as otherwise set forth herein, all obligations and expenses incurred by the Manager in accordance with this Agreement shall be deemed to be obligations and expenses of the Owner, the parties acknowledging that the Manager may engage, at the Owner's expense, independent contractors and service providers as permitted under this Agreement, as may be usual and customary in the circumstances in connection with the performance of the Manager's duties hereunder. The salaries and benefits of the Non-Property Staff of the Manager and all other general overhead costs and expenses of Manger shall be paid by the Manager from its own funds. For avoidance of doubt, the flat amount for allocated overhead expenses of the Manager (or its Affiliates) currently being paid by the owners or the lessees of the Property shall not be payable, directly or indirectly by the Owner. The Manager shall be reimbursed for any costs and expenses (other than those described in the immediately preceding sentence) related to a Property and which are contained in the current Budget. The Manager shall also be reimbursed for travel expenses related to the Property in an amount equal to up to $6,000/year (to be adjusted annually in accordance with the Consumer Price Index).

Related to Obligations for Expenses

  • Liability for expenses Each party will pay its own expenses incurred in negotiating, executing, stamping and registering this Participation Agreement.

  • Reimbursement for Expenses Consultant shall not be reimbursed for any expenses unless authorized in writing by City.

  • Indemnification for Expenses of a Party Who is Wholly or Partly Successful. Notwithstanding any other provisions of this Agreement, to the extent that Indemnitee is a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall indemnify Indemnitee against all Expenses actually and reasonably incurred by him or on his behalf in connection with each successfully resolved claim, issue or matter. If the Indemnitee is not wholly successful in such Proceeding, the Company also shall indemnify Indemnitee against all Expenses reasonably incurred in connection with a claim, issue or matter related to any claim, issue, or matter on which the Indemnitee was successful. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

  • Responsibility for Expenses Lessee shall, at Xxxxxx's sole cost and expense, pay all necessary expenses incident to Xxxxxx's use of the Property.

  • INDEMNIFICATION FOR EXPENSES OF A WITNESS Notwithstanding any other provision of this Agreement except for Section 27, to the extent that Indemnitee is, by reason of Indemnitee’s Corporate Status, a witness or deponent in any Proceeding to which Indemnitee was or is not a party or threatened to be made a party, Indemnitee shall, to the fullest extent permitted by applicable law, be indemnified, held harmless and exonerated against all Expenses actually and reasonably incurred by Indemnitee or on Indemnitee’s behalf in connection therewith.

  • Indemnification for Expenses as a Witness Notwithstanding any other provision of this Agreement except for Section 26 hereof, to the extent that Indemnitee is, by reason of his Corporate Status, a witness in any Proceeding, he shall be indemnified against all Expenses actually and reasonably incurred by him or on his behalf in connection therewith.

  • Indemnification for Expenses in Enforcing Rights To the fullest extent allowable under applicable law, the Company shall also indemnify against, and, if requested by Indemnitee, shall advance to Indemnitee subject to and in accordance with Section 4, any Expenses actually and reasonably paid or incurred by Indemnitee in connection with any action or proceeding by Indemnitee for (a) indemnification or reimbursement or advance payment of Expenses by the Company under any provision of this Agreement, or under any other agreement or provision of the Constituent Documents now or hereafter in effect relating to Claims relating to Indemnifiable Events, and/or (b) recovery under any directors’ and officers’ liability insurance policies maintained by the Company. However, in the event that Indemnitee is ultimately determined not to be entitled to such indemnification or insurance recovery, as the case may be, then all amounts advanced under this Section 5 shall be repaid. Indemnitee shall be required to reimburse the Company in the event that a final judicial determination is made that such action brought by Indemnitee was frivolous or not made in good faith.

  • Indemnification for Expenses of Successful Party Notwithstanding any other provisions of this Article SIXTH, to the extent that an Indemnitee has been successful, on the merits or otherwise, in defense of any action, suit or proceeding referred to in Sections 1 and 2 of this Article SIXTH, or in defense of any claim, issue or matter therein, or on appeal from any such action, suit or proceeding, Indemnitee shall be indemnified against all expenses (including attorneys’ fees) actually and reasonably incurred by or on behalf of Indemnitee in connection therewith. Without limiting the foregoing, if any action, suit or proceeding is disposed of, on the merits or otherwise (including a disposition without prejudice), without (i) the disposition being adverse to Indemnitee, (ii) an adjudication that Indemnitee was liable to the Corporation, (iii) a plea of guilty or nolo contendere by Indemnitee, (iv) an adjudication that Indemnitee did not act in good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the Corporation, and (v) with respect to any criminal proceeding, an adjudication that Indemnitee had reasonable cause to believe his or her conduct was unlawful, Indemnitee shall be considered for the purposes hereof to have been wholly successful with respect thereto.

  • Indemnification for Expenses of a Party Who is Wholly or Partly Successful Notwithstanding any other provisions of this Agreement except for Section 27, to the extent that Indemnitee was or is, by reason of Indemnitee’s Corporate Status, a party to (or a participant in) and is successful, on the merits or otherwise, in any Proceeding or in defense of any claim, issue or matter therein, in whole or in part, the Company shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against all Expenses actually and reasonably incurred by him or her in connection therewith. If Indemnitee is not wholly successful in such Proceeding but is successful, on the merits or otherwise, as to one or more but less than all claims, issues or matters in such Proceeding, the Company shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against all Expenses actually and reasonably incurred by him or her or on his or her behalf in connection with each successfully resolved claim, issue or matter. If Indemnitee is not wholly successful in such Proceeding, the Company also shall, to the fullest extent permitted by applicable law, indemnify, hold harmless and exonerate Indemnitee against all Expenses reasonably incurred in connection with a claim, issue or matter related to any claim, issue, or matter on which Indemnitee was successful. For purposes of this Section and without limitation, the termination of any claim, issue or matter in such a Proceeding by dismissal, with or without prejudice, shall be deemed to be a successful result as to such claim, issue or matter.

  • Credit for Experience 1. Newly employed teachers will receive the equivalent year's credit for each year of experience. The experience granted will be equal to the FTE experience for each year worked. This credit will be granted if, in the judgment of the Superintendent, the teaching experience has been appropriate to the position which has been offered. For example, teaching experience at the secondary level may not be appropriate if the applicant is being considered for an elementary position. Placement on the salary schedule will be accomplished in the following manner:

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