Reimbursement to Seller Sample Clauses

Reimbursement to Seller. Buyer shall reimburse Seller for any capital expenditures directly incurred by Seller from March 23rd until Closing related to the Properties that result from an advanced deadline of developing the Properties hereunder or the Properties purchased by Buyer under the Other Agreements; provided, that this obligation of Buyer shall not exceed the total for this property as reflected on Exhibit C, which when aggregated between the similar provision to this section in the Other Agreements shall be an aggregate cap of $35,000; provided further, that Buyer shall only be obligated to provide such reimbursement upon Seller providing Buyer with reasonably satisfactory evidence that Seller has actually incurred and paid such expenses.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Reimbursement to Seller. In case of any breach of Sections 14.9.1, 14.9.2 (ii) or 14.9.3 above, Seller shall be entitled to compensate in good faith any employee laid off by SEAS KG (or any successor of SEAS KG) for operational reasons (betriebsbedingte Kündigung), who asserts claims against Seller, for any economic disadvantage caused by such lay-off. Purchaser shall reimburse to Seller the cost incurred by Seller for the compensation of any such employee laid off for operational reasons up to the amount that is usually paid by Siemens in comparable cases (i.e. in the most recent social plan and reconciliation of interests at that time), provided, however, that any financial compensation already granted by Purchaser or the respective Company shall be taken into account in this respect.
Sample 1Sample 2
Reimbursement to Seller. Purchaser hereby agrees to reimburse Seller, on the earlier of (1) Closing or (2) termination of this Agreement, the following amounts:
Sample 1Sample 2
Reimbursement to Seller. If the Seller must pay any money because (1) of the Buyer's failure to keep his promises under this Agreement; (2) of the Buyer's failure to make any payments to the Seller or another person under this Agreement; (3) mechanic's liens are filed against the Property because of improvements or repairs put on the property by the Buyer; and/or (4) another person or another person's property suffers any loss or damage on the Property because of any condition or use of the Property, the Buyer promises to reimburse the Seller, on the Seller's demand, for any monies paid by the Seller, including a reasonable attorney's fee which the Seller has to pay. Buyer also promises to reimburse the Seller for any other expenses which the Seller must pay to protect the Seller's interest in the Property because the Buyer has failed to keep his promises contained in this Agreement. Examples of such expenses would be the Seller's payment of insurance for the Property or the Seller's making repairs to the Property because the Buyer failed to do so.
Sample 1
Reimbursement to Seller. Buyer shall reimburse Seller the sum of $100,000.00 paid by seller to gain title to the Harlesk Nevada, Inc's Spring Valley and Gold Canyon Placer gold mining claims located in Lyon County, Nevada. Payment of such amount shall be in the form of a promissory note to Seller to be paid twenty-five (25%) percent from financing the Buyer is to receive and the balance paid from production.
Sample 1
Reimbursement to Seller. In the event Purchaser is unable to close the transaction, solely as a result of its inability to obtain its Supervisory Board approval as required by Section 10.2(l), then Purchaser shall reimburse Seller for all of its expenses and fees in connection with the transactions contemplated by this Agreement prior to the termination of this Agreement and in connection with the negotiation, preparation, performance and termination of this Agreement, in the amount of $50,000. If Seller has received the payment referenced in this Section 11.4, Seller shall not assert or pursue in any manner, directly or indirectly, whether arising under tort, contract, or otherwise, any claim or cause of action against Purchaser or any of its directors, officers, shareholders or representatives based in whole or in part upon this Agreement.
Sample 1
Reimbursement to Seller. United shall reimburse Seller upon demand for all expenses (including, without limitation, all costs, expenses, legal and accountant's fees, penalties and interest) incurred by Seller in making payment defending pay or endeavoring to obtain refund of any such charges.
Sample 1
AutoNDA by SimpleDocs
Reimbursement to Seller. Receipt of the monetary amounts referenced in Section 2.4 or an assurance in a form reasonably satisfactory to Seller that the amounts due pursuant to Section 2.4 will be paid by the Corporation to Seller immediately after the Closing Date.
Sample 1
Reimbursement to Seller. (a) In the event the assumption by Purchaser of direct Claims handling, administration, payments and control contemplated by Section 13.2 (Control of Insurance Claims) has not occurred by the Closing, Purchaser and Seller shall use reasonable best efforts to arrange for such Claims handling, administration, payments and control after the Closing. From the Closing until such time as direct Claims handling, administration, payments and control contemplated by Section 13.2 (Control of Insurance Claims) has occurred, if ever, Purchaser shall, or shall cause the Companies and the Companies’ Subsidiaries to, promptly pay to the insurers at the direction and on behalf of Seller, or promptly reimburse Seller for, any self-insured retention or deductible amounts paid or payable as a result of Claims against any Seller Insurance Policy (“Reimbursement Amounts”). Purchaser shall make payments for self-insured retention and deductible amounts on a monthly basis with payment being due within fifteen (15) days following delivery to the Purchaser of a statement showing the amount due for the prior monthly period. Purchaser shall make payments for third party administration fees within fifteen (15) days following Purchaser’s receipt of the quarterly report provided by Seller’s third party administrator.
Sample 1

Related to Reimbursement to Seller

  • Reimbursement Payments The Department shall, to the extent funds are available, reimburse the Grantee for eligible claims presented for payment if the Department determines the requirements for reimbursement have been met. Claims under this Contract can only be made for the period this Contract is in effect. Reimbursement programs include the following:

  • Reimbursement of Business Expenses The Executive is authorized to incur reasonable expenses in carrying out the Executive’s duties for the Company under this Agreement and shall be entitled to reimbursement for all reasonable business expenses the Executive incurs during the Period of Employment in connection with carrying out the Executive’s duties for the Company, subject to the Company’s expense reimbursement policies and any pre-approval policies in effect from time to time.

  • Reimbursement of Initial Purchasers’ Expenses If this Agreement is terminated by the Representative pursuant to Section 5 or 10 hereof, including if the sale to the Initial Purchasers of the Securities on the Closing Date is not consummated because of any refusal, inability or failure on the part of the Company to perform any agreement herein or to comply with any provision hereof, the Company agrees to reimburse the Initial Purchasers, severally, upon demand for all out-of-pocket expenses that shall have been reasonably incurred by the Initial Purchasers in connection with the proposed purchase and the offering and sale of the Securities, including, without limitation, fees and disbursements of counsel, printing expenses, travel expenses, postage, facsimile and telephone charges.

  • Fees, Expenses and Reimbursement (a) So long as the Administrator provides Administrative Services to the Company, it shall be entitled to receive reasonable and customary fees for such services as well as out-of-pocket expenses as may be agreed to by the Administrator and the Company pursuant to a separate written agreement.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Single Disbursement to Borrower Borrower shall receive only one borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.

  • REIMBURSEMENT OF PLACEMENT AGENT’S EXPENSES Notwithstanding anything to the contrary in this Agreement, if (a) this Agreement shall have been terminated pursuant to Section 9, (b) the Company shall fail to tender the Securities for delivery to the Purchasers for any reason not permitted under this Agreement, (c) the Purchasers shall decline to purchase the Securities for any reason permitted under this Agreement or (d) the sale of the Securities is not consummated because any condition to the obligations of the Purchasers or the Placement Agent set forth herein is not satisfied or because of the refusal, inability or failure on the part of the Company to perform any agreement herein or to satisfy any condition or to comply with the provisions hereof, then in addition to the payment of amounts in accordance with Section 6 the Company shall reimburse the Placement Agent for the reasonable documented and accountable fees and expenses of the Placement Agent’s counsel and for such other out-of-pocket expenses as shall have been reasonably incurred by them in connection with this Agreement and the proposed purchase of the Securities, and upon demand the Company shall pay the full amount thereof to the Placement Agent.

  • Reimbursement of General Partner (a) Except as provided in this Section 6.5 and elsewhere in this Agreement (including the provisions of Articles 5 and 6 regarding distributions, payments, and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

Time is Money Join Law Insider Premium to draft better contracts faster.