Additional Expense Clause Samples

The Additional Expense clause defines the circumstances under which one party may be required to pay for costs that go beyond the originally agreed-upon expenses in a contract. This clause typically applies when unforeseen events, changes in scope, or delays cause extra costs, such as overtime labor, expedited shipping, or the need for substitute materials. Its core function is to allocate responsibility for these unexpected costs, ensuring that both parties understand who will bear the financial burden if additional expenses arise during the course of the agreement.
Additional Expense. Property Dues: The property dues fee in addition to the Base Monthly Rent shall be $192.40.
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Additional Expense. 11.1 If in consequence of the Works and/or any Regulated Change Network Rail incurs additional cost and expense in connection with the repair, maintenance, improvement, operation or alteration of the Railway which would not have been incurred but for the Works and/or the Regulated Change ("Additional Expense"), then the provisions of this Clause 11 shall apply. 11.2 In applying for the Regulated Change, the relevant Party shall also agree the calculation of the Additional Expense (obtaining approvals where necessary) and shall, where applicable, recover any contribution to the Additional Expense from a third party. 11.3 The Customer shall pay the Additional Expense, as an annual sum, for the life of the relevant Enhanced Assets where the Additional Expense is greater than £50,000 per annum after deduction of any sums paid to Network Rail by a third party. 11.4 The Additional Expense shall be calculated as follows: (a) where the Additional Expense has not been calculated prior to the Works Commencement Date: (i) Network Rail shall estimate a fixed sum payable each year and if such fixed sum is accepted by the Customer, this shall be the agreed Additional Expense and Network Rail shall not be entitled to claim any other sums pursuant to this Clause 11; or (ii) where the Parties can not agree a fixed sum pursuant to Clause 11.4(a)(i) then the Additional Expense shall be the sum calculated pursuant to the Regulated Change procedure if applicable or, where there is no Regulated Change, the sum calculated by Network Rail acting reasonably; (b) where the Regulated Change has been obtained and the Additional Expense has been calculated prior to the Works Commencement Date, the Customer shall pay the calculated Additional Expense which is set out in Paragraph 5.1 of Schedule 2; and such Additional Expense shall be paid by the Customer to Network Rail within 20 Working Days of receipt of an invoice from Network Rail setting out the amounts due.
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Additional Expense. REIMBURSEMENTS. Tenant shall pay for all utilities relating to its entire space and the following additional extraordinary costs relating to its computer room: (a) UPS, generator, wiring, and HVAC repair and maintenance; (b) security; (c) life safety; (d) insurance; and (e) damage to its equipment not otherwise covered by Landlord's or Tenant's insurance.
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Additional Expense. For each month that an Exhibition extends beyond six (6) months at a particular venue, Live Nation shall pay to Premier as an additional expense the sum of eighty three thousand three hundred and thirty three dollars and thirty three cents ($83,333.33) per month.
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Related to Additional Expense

  • Additional Expenses to be inserted if applicable.

  • General Expenses You authorize the Manager to charge your account with your Underwriting Percentage of all expenses of a general nature incurred by the Manager and Co-Managers under the applicable AAU in connection with the Offering, including the negotiation and preparation thereof, or in connection with the purchase, carrying, marketing and sale of any securities under the applicable AAU and any Intersyndicate Agreement, including, without limitation, legal fees and expenses, transfer taxes, costs associated with approval of the Offering by the NASD and the costs of currency transactions (including forward and hedging currency transactions) entered into to facilitate settlement of the purchase of Securities permitted under Section 3.1 hereof.

  • Indemnification for Additional Expenses Without limiting the generality or effect of the foregoing, the Company shall indemnify and hold harmless Indemnitee against and, if requested by Indemnitee, shall reimburse Indemnitee for, or advance to Indemnitee, within five business days of such request accompanied by supporting documentation for specific Expenses to be reimbursed or advanced, any and all actual and reasonable Expenses paid or incurred by Indemnitee in connection with any Claim made, instituted or conducted by Indemnitee for (a) indemnification or reimbursement or advance payment of Expenses by the Company under any provision of this Agreement, or under any other agreement or provision of the Constituent Documents now or hereafter in effect relating to Indemnifiable Claims, and/or (b) recovery under any directors’ and officers’ liability insurance policies maintained by the Company; provided, however, if it is ultimately determined that the Indemnitee is not entitled to such indemnification, reimbursement, advance or insurance recovery, as the case may be, then the Indemnitee shall be obligated to repay any such Expenses to the Company; provided further, that, regardless in each case of whether Indemnitee ultimately is determined to be entitled to such indemnification, reimbursement, advance or insurance recovery, as the case may be, Indemnitee shall return, without interest, any such advance of Expenses (or portion thereof) which remains unspent at the final disposition of the Claim to which the advance related.

  • FUNERAL EXPENSES The City shall expend a sum not to exceed $30,000 for funeral expenses to the heirs of any employee covered by this MOU who dies while on active duty from injuries incurred while performing his/her job or who dies as a direct cause of such injuries. This amount includes the amount already available for this purpose in accordance with California State Labor Code Section 4701.

  • Additional Costs, Etc Notwithstanding anything herein to the contrary, if any present or future applicable law, which expression, as used herein, includes statutes, rules and regulations thereunder and interpretations thereof by any competent court or by any governmental or other regulatory body or official charged with the administration or the interpretation thereof and requests, directives, instructions and notices at any time (or from time to time) hereafter made upon or otherwise issued to any Lender or the Agent by any central bank or other fiscal, monetary or other authority (whether or not having the force of law), shall: (a) subject any Lender or the Agent to any tax, levy, impost, duty, charge, fee, deduction or withholding of any nature with respect to this Agreement, the other Loan Documents, such Lender’s Commitment, a Letter of Credit or the Loans (other than taxes based upon or measured by the gross receipts, income or profits of such Lender or the Agent or its franchise tax), or (b) materially change the basis of taxation (except for changes in taxes on gross receipts, income or profits or its franchise tax) of payments to any Lender of the principal of or the interest on any Loans or any other amounts payable to any Lender under this Agreement or the other Loan Documents, or (c) impose or increase or render applicable any special deposit, reserve, assessment, liquidity, capital adequacy or other similar requirements (whether or not having the force of law and which are not already reflected in any amounts payable by the Borrower hereunder) against assets held by, or deposits in or for the account of, or loans by, or commitments of an office of any Lender, or (d) impose on any Lender or the Agent any other conditions or requirements with respect to this Agreement, the other Loan Documents, the Loans, such Lender’s Commitment, a Letter of Credit or any class of loans or commitments of which any of the Loans or such Lender’s Commitment forms a part; and the result of any of the foregoing is: (i) to increase the cost to any Lender of making, funding, issuing, renewing, extending or maintaining any of the Loans, the Letters of Credit or such Lender’s Commitment, or (ii) to reduce the amount of principal, interest or other amount payable to any Lender or the Agent hereunder on account of such Lender’s Commitment or any of the Loans or the Letters of Credit, or (iii) to require any Lender or the Agent to make any payment or to forego any interest or other sum payable hereunder, the amount of which payment or foregone interest or other sum is calculated by reference to the gross amount of any sum receivable or deemed received by such Lender or the Agent from the Borrower hereunder, then, and in each such case, the Borrower will, within fifteen (15) days of demand made by such Lender or (as the case may be) the Agent at any time and from time to time and as often as the occasion therefor may arise, pay to such Lender or the Agent such additional amounts as such Lender or the Agent shall determine in good faith to be sufficient to compensate such Lender or the Agent for such additional cost, reduction, payment or foregone interest or other sum. Each Lender and the Agent in determining such amounts may use any reasonable averaging and attribution methods generally applied by such Lender or the Agent.