Examples of Out-of-Pocket Expenses in a sentence
Company shall offer reasonable assistance in connection therewith, at no charge to Licensor, except for reimbursement of reasonable Out-of-Pocket Expenses.
Out-of-Pocket Expenses Although the value of services given to a qualified organization cannot be deducted, some amounts that the volunteer pays (e.g. travel expenses) in giving services to a qualified organization may be deducted.
The Development Support shall be provided by Licensor free-of-charge during the Term except for reasonable Out-of-Pocket Expenses.
In November 2001, the Emerging Issues Task Force (EITF) reached a consensus codified as Topic D-103, "Income Statement Characterization of Reimbursements for 'Out-of-Pocket' Expenses Incurred." The consensus requires that reimbursements for out-of-pocket expenses be classified as revenue in the statement of operations.
Please note that these examples of reimbursable Ordinary Out-of-Pocket Expenses are not meant to be exhaustive, but exemplary.