Compensable Costs definition
Examples of Compensable Costs in a sentence
Moreover, no travel, lodging or meal expenses associated with the Deliverables, nor any fines or similar penalties, associated with Developer's performance under this Agreement, and no costs or expenses associated with the negotiation or execution of this Agreement, nor any costs or expenses associated with the negotiation or execution of any Comprehensive Agreement, will be reimbursable as Compensable Costs.
The Compensable Costs shall be limited to costs and expenses incurred in connection with the Deliverables and not costs and expenses previously incurred by Developer in connection with the Proposal or other actions taken prior to Effective Date.
If such arrangement is on a partial contingency basis, any partial or full payment of litigation attorney's fees or out of pocket disbursements shall constitute Compensable Costs.
In the event of such transfer back to Assignor, Assignee shall not be entitled to recover any monies, including but not limited to any fronting or advance of Compensable Costs, and shall waive any claim it may have against Seller, its directors or members.
Pending the resolution of such Dispute, Contractor will comply with the written direction of Owner and Owner shall pay Contractor its Compensable Costs incurred as a result of complying with Owner's direction plus profit thereon at the rate of ten percent (10%) and an equitable adjustment in the Guaranteed Commercial Operation Date.
The Compensable Costs shall be limited to costs and expenses incurred in connection with the Deliverables and not costs and expenses previously incurred by Manager in connection with the Proposal, provided the Operator engagement fee may represent some of the costs incurred by Manager prior to the execution of this Agreement.
Unless otherwise set forth herein or agreed by the Parties, adjustments to the Contract Amount shall be based on Contractor's Compensable Costs, plus profit thereon at the rate of twelve percent (12%).
The Compensable Costs shall be limited to costs and expenses incurred in connection with the Deliverables and not costs and expenses previously incurred by Developer in connection with the Proposal or other actions taken prior to October 16, 2017.
LCF reserves the right not to pay any Compensable Costs that it deems commercially unreasonable.
If the Dispute is ultimately resolved in Owner's favor, Contractor shall repay to Owner the Compensable Costs or such portion thereof based on the resolution of the Dispute.