Examples of Reimbursable Costs in a sentence
Any additional costs arising from such addition, modification or change to the Work shall be paid by Developer as part of Company Reimbursable Costs.
Each Company Work Cost Report shall include the following information with respect to the preceding six-month period: (i) a summary of Company Reimbursable Costs incurred during such period, (ii) a statement of the hours of Company Work furnished during such period, (iii) a listing of average hourly labor rates, and (iv) a reasonably detailed description of the tasks performed by Company (or its Affiliates) for the Company Work during such period.
Anything in this Agreement to the contrary notwithstanding, the Company shall not be obligated to proceed with any procurement in connection with the Company Work unless and until all Additional Prepayments and all Company Reimbursable Costs invoiced to date have been paid in full to the Company.
Developer agrees that the reasonable costs and expenses of such Affiliates or contractors charged to or incurred by Company shall be paid by Developer as part of the Company Reimbursable Costs.
If the total of all Company Reimbursable Costs actually incurred is greater than the Total Payments Made, the Company shall provide a final invoice to Developer for the balance due to the Company under this Agreement (the “Balance Amount”).