Expenses of Manager Sample Clauses

Expenses of Manager. First, to pay the Manager for all unpaid fees, salary, or other compensation, and to reimburse the Manager for all reasonable costs and expenses incurred by the Manager as provided in this Agreement.
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Expenses of Manager. Except as otherwise expressly provided herein or in any Annual Budget, Manager shall bear the expenses set forth in clauses (i) through (iii) below incurred in connection with the performance of its duties under this Agreement. Any other expenses incurred by Manager or the Officers in connection with the Services or the performance of each of their respective duties hereunder and not expressly set forth in this Section 4.2(a) shall be promptly reimbursed by the Trust to Manager within five (5) business days after receipt of a written request (together with reasonably detailed invoices) for such reimbursement by the Manager to the Trustee.
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Expenses of Manager. Owner shall reimburse Manager for direct expenses of manager incurred solely on account of the residential portion of the Premises for the payment of any proper obligation or necessary expense connected with the maintenance and operation of the residential portion of the Premises, including the wages, salary and other compensation of any approved full-time on-site property manager(s), all reasonable costs incurred in the operation of a residential management office in the Building, including office rental, personnel positions, supplies, postage, equipment and telephone, and all travel and entertainment costs reasonably incurred by Manger related to its management services. As a consultant, DIHC Management Corporation shall also be entitled to reimbursement by Owner of its reasonable travel costs incurred in connection with the Premises. All payments to be made by Manager hereunder shall be made by check drawn on the Operating account, except for xxxxx cash items not exceeding Two Hundred Dollars ($200.00), which may be paid from a fund to be maintained by Manager for such purposes. Manager shall not be obligated to make any advance to or for the account of Owner or to pay any sums except out of funds held in the Operating Account, nor shall Manager be obligated to incur any liability or obligation for the account of Owner without assurance that the necessary funds for the discharge thereof will be provided. Any reimbursement to Manager hereunder shall be in addition to, and not in lieu of, Manager's fees under Article IV hereof.
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Expenses of Manager. All of the following expenses are part of the Manager's fee and are the sole expense of the Manager: payroll processing fees, messenger service, money transport and change fees, health plan and benefit plan maintenance fees, all operating expenses not directly incurred at the unit level.
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Expenses of Manager. The Venture shall reimburse Manager for direct expenses of Manager incurred in connection with the maintenance and operation of the Premises and the performance of its other duties under this Agreement, including the wages, salary and other compensation of any on or off site property management personnel (but not including any executive compensation), the costs of any management office approved by the Venture, reasonable travel and entertainment expenses incurred in connection with the management of the Premises as approved in the Annual Budget, and a reasonable allocation of the cost of any liability insurance or fidelity bonds required to be maintained by Manager hereunder which specifically cover acts of Manager, its partners, and/or their respective agents or employees, in accordance with the approved Annual Budget; provided, however, the Venture shall not be obligated to reimburse Manager for any expenses for office equipment, office supplies or overhead expenses of Manager incurred in its general offices, for any salaries of any executives or any supervisory personnel of Manager or for any salaries or wages allocable to time spent on matters other than the Premises. Notwithstanding the foregoing, with respect to any person whose salary would otherwise be reimbursable hereunder such salary shall not cease to be reimbursable solely because such person becomes an officer or comes to hold an executive title during the term hereof, so long as such person continues to provide the supervisory or property management services for which reimbursement was previously allowed. In addition to the foregoing, the Venture shall reimburse Manager for reasonable costs of off-site data processing and accounting services provided to Manager by affiliates of Manager, which services shall be compensated for work actually performed with respect to the Project at rates approved by the Venture in advance or approved in the Annual Budget; provided, that the cost of such services shall be no greater than the cost to obtain similar services from unaffiliated third-party providers of such services, and in no event shall Manager or any affiliate of Manager receive any fee, "xxxx-up" or other profit from the performance of such services other than the costs actually charged for such services. All payments to be made by Manager hereunder shall be made by check drawn on the Operating Account except xxxxx cash items not exceeding $1,000.00, which may be paid from a fund to be maintain...
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Expenses of Manager. Except as expressly provided herein, Manager shall be responsible for, and Manager shall pay, at its sole cost and expense, all expenses for its personnel and employees, general overhead and corporate and administrative costs and expenses.
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Expenses of Manager 
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Related to Expenses of Manager

  • Expenses of the Manager The Manager shall be responsible for the following expenses:

  • Activities of Manager The obligations of Manager pursuant to the terms and provisions of this Management Agreement shall not be construed to preclude Manager from engaging in other activities or business ventures, whether or not such other activities or ventures are in competition with Owner or the business of Owner.

  • Expenses of the Parties Except as otherwise provided herein, all expenses incurred by or on behalf of the parties hereto in connection with the authorization, preparation and consummation of this Agreement, including, without limitation, all fees and expenses of agents, representatives, counsel and accountants employed by the parties hereto in connection with the authorization, preparation, execution and consummation of this Agreement shall be borne solely by the party who shall have incurred the same.

  • Duties of Manager The Manager, at its own expense, shall furnish the following services and facilities to the Trust:

  • Duties of Managers Except as provided in this Agreement, in exercising their rights and performing their duties under this Agreement, the Managers shall have a fiduciary duty of loyalty and care similar to that of a director of a business corporation organized under the General Corporation Law of the State of Delaware.

  • Expenses of Directors The Company shall promptly reimburse in full, each director of the Company who is not an employee of the Company for all of his reasonable out-of-pocket expenses incurred in attending each meeting of the Board of Directors of the Company or any Committee thereof.

  • Expenses of Sale Except as otherwise specifically provided herein, each Party to this Agreement shall pay its own expenses (including without limitation, the fees and expenses of their respective agents, representatives, counsel and accountants) with respect to the negotiation, execution and the delivery of this Agreement and the consummation of the transactions under this Agreement.

  • Expenses of Agent Borrowers agree to pay, on demand, all costs and expenses incurred by Agent in connection with the preparation, negotiation and execution of this Amendment and any other Loan Documents executed pursuant hereto and any and all amendments, modifications, and supplements thereto, including, without limitation, the costs and fees of Agent's legal counsel and any taxes or expenses associated with or incurred in connection with any instrument or agreement referred to herein or contemplated hereby.

  • Expenses of the Trust Other than as provided for in Sections 1 and 3, the Trust shall be responsible for all of its own fees, expenses, charges, assessments, taxes, and other costs incurred in its operations, whether incurred directly by the Trust or incurred by the Manager on behalf of the Trust (together, “fees and expenses”). Such fees and expenses payable by the Trust shall include, but are not limited to:

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