Common use of Pass-Through Services Clause in Contracts

Pass-Through Services. (a) Engaging and monitoring external audit, taxation and legal advisers for their audit, taxation and legal services rendered to or for the Service Recipient and either arranging for the Service Recipient to pay directly or paying professional service fees to such external auditors and legal advisers on Service Recipient’s behalf. (b) Obtaining insurance coverage on behalf of Service Recipient and either arranging for the Service Recipient to pay directly or paying insurance premiums and fees on Service Recipient’s behalf charged by insurance companies providing insurance coverage to the Service Recipient. (c) Monitoring and administering legal proceedings on behalf of Service Recipient and either arranging for the Service Recipient to pay directly or paying on Service Recipient’s behalf settlements, fines and penalties arising from or in connection with any legal or administrative proceedings against or involving the Service Recipient. (d) Engaging and using external recruitment agencies for employees to perform Services at Service Recipient facilities and either arranging for the Service Recipient to pay directly or paying agency service fees on Service Recipient’s behalf payable to any external recruitment agencies for their recruitment services rendered to or for the benefit of Service Recipient. (e) Paying other third party fees and expenses reasonably incurred in the performance of services described herein on behalf of the Service Recipient, or arranging for the Service Recipient to pay directly. Studio City WA3 Parties may only be a Service Recipient of the Pass-Through Services.

Appears in 2 contracts

Sources: Work Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Work Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)