Timing of Reimbursements. Any reimbursement under this Agreement that is taxable to the Executive shall be made in no event later than sixty (60) days following the calendar year in which the Executive incurred the expense.
Timing of Reimbursements. Any reimbursement under this Agreement that is taxable to the Executive shall be made by December 31 of the calendar year following the calendar year in which the Executive incurred the expense.
Timing of Reimbursements. All reimbursements made by the Company pursuant to this Agreement will be made within 30 days from the date the Employee submits documentation of the expenses. Employee will submit documentation substantiating expenses within 30 days from the date the expenses are incurred.
Timing of Reimbursements. Expenses incurred by the Advisor on behalf of the Company and reimbursable pursuant to this Article 9 shall be reimbursed no less than monthly to the Advisor. The Advisor shall prepare a statement documenting the expenses of the Company during each quarter and shall deliver such statement to the Company within 45 days after the end of each quarter.
Timing of Reimbursements. All reimbursements of Executive’s expenses under this Agreement shall be paid as soon as administratively practicable, but in no event after the last day of the taxable year following the taxable year in which the expense was incurred. The amount of in-kind benefits provided or reimbursable expenses incurred in one taxable year shall not affect the in-kind benefits to be provided or the expenses eligible for reimbursement in any other taxable year. Such right to reimbursement or in-kind benefits is not subject to liquidation or exchange for another benefit.
Timing of Reimbursements. Any reimbursements made pursuant to this Section 4 shall be paid no later than sixty (60) days following the close of the calendar year in which the expense was incurred.
Timing of Reimbursements. Expenses incurred by Xxxxx REF on behalf of the Company and payable pursuant to this Paragraph 8 shall be reimbursed to Xxxxx REF on a at least a monthly basis. Xxxxx REF shall prepare a statement documenting the expenses of the Company during each quarter, and shall deliver such statement to the Company within 45 days after the end of each quarter.
Timing of Reimbursements. At the end of Article VI of the Employment Agreement, the following language shall be added: “In no event will the reimbursements to be provided by the Corporation pursuant to this Agreement in one taxable year affect the amount of reimbursements to be provided in any other taxable year, nor will Executive’s right to reimbursement be subject to liquidation or exchange for another benefit. Further, any reimbursements to be provided by the Corporation pursuant to this Agreement shall be paid to the Executive no later than the calendar year following the calendar year in which the Executive incurs the expenses.”
Timing of Reimbursements. The Development Improvements Reimbursements shall be disbursed to the Master Developer and/or any applicable Subdeveloper on a periodic basis consistent with and directly related to the period (whether, annually, quarterly, or monthly) in which Murdock Ford, Inc., Murdock Ford Land and Building Company, LLC, or any of its affiliates, subsidiaries, owners, members, or principals, files and pays its sales taxes for the Xxxxxxx Property. The City agrees that all such Development Improvements Reimbursements shall be made to the Master Developer and/or applicable Subdeveloper within 3 months of payment to the City of the sales tax providing the basis for the Development Improvements Reimbursements related to the Xxxxxxx Property.
Timing of Reimbursements. Any reimbursements or in-kind benefits provided under (c) or (e) of this Section 4, or otherwise provided under this Agreement, that would constitute nonqualified deferred compensation subject to Section 409A of the Internal Revenue Code of 1986, as amended from time to time, and guidance issued thereunder (“Section 409A”), shall be subject to the following additional rules: (i) no reimbursement of any such expense shall affect the Executive’s right to reimbursement of any other such expense in any other taxable year; (ii) reimbursement of the expense shall be made not later than the end of the Executive’s taxable year following the taxable year in which the expense was incurred; and (iii) the right to reimbursement shall not be subject to liquidation or exchange for any other benefit. (g)
