Common use of Timing of and Additional Limitations on Reimbursements Clause in Contracts

Timing of and Additional Limitations on Reimbursements. (i) Expenses incurred by the Sub-Advisor on behalf of the Company, the Advisor or the NSAM Sub-Advisor and reimbursable pursuant to this Article 5 shall be reimbursed no less than quarterly to the Sub-Advisor. The Sub-Advisor shall prepare a statement documenting its expenses incurred on behalf of the Company, the Advisor or the NSAM Sub-Advisor during each quarter and shall deliver such statement to the NSAM Sub-Advisor within 30 days after the end of each quarter.

Appears in 4 contracts

Samples: Sub Advisory Agreement (NorthStar/RXR New York Metro Real Estate, Inc.), Sub Advisory Agreement (NorthStar/RXR New York Metro Income, Inc.), Sub Advisory Agreement (NorthStar/RXR New York Metro Income, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.