Company Reimbursement Clause Samples
The Company Reimbursement clause outlines the circumstances under which a company agrees to repay or cover certain expenses incurred by employees, contractors, or other parties in the course of their work. Typically, this clause specifies the types of expenses eligible for reimbursement, such as travel, meals, or materials, and may require prior approval or submission of receipts. Its core practical function is to ensure that individuals are not personally financially burdened for costs incurred on behalf of the company, thereby promoting fairness and clarity in expense management.
Company Reimbursement. The provisions of this Section 6 shall not affect any agreement that the Company may make for the sharing of such costs and expenses.
Company Reimbursement. The Company shall directly pay and reimburse the Managing Member for all Company Reimbursable Expenses incurred from time to time.
Company Reimbursement. Student is responsible for timely payment of account whether or not tuition assistance is received. Written verification, indicating approval, is required by the University.
Company Reimbursement pay on behalf of the Company Loss arising from any Claim first made against any Director or Officer during the Period of Insurance and notified to the Underwriters during the Period of Insurance for any Wrongful Act committed by them in the capacity as a Director or Officer;
Company Reimbursement. If the TEDC terminates this Agreement because of the Company’s breach of any provision as permitted by this Agreement, the Company will reimburse the TEDC for all payments the TEDC has made to the Company hereunder excluding any reimbursement payments previously made by the Company. Reimbursement shall be in accordance with the provisions set forth in Section 3 below relating to default.
Company Reimbursement. The Company may make payment of benefits directly to a Participant or Beneficiary as they become due under the terms of the Plan. The Company shall notify the Trustee of its decision to make payment of benefits directly prior to the time amounts are payable to a Participant or Beneficiary. Before a Threatened Change in Control or Change in Control, the Company may direct the Trustee in writing to reimburse the Company from the Trust assets, and debit the account of each Participant or Beneficiary, for amounts paid directly to the Participant or Beneficiaries by the Company. The Trustee shall reimburse the Company for such payments promptly after receipt by the Trustee of satisfactory evidence that the Company has made the direct payments. No such reimbursement shall be allowed upon or during a Threatened Change in Control or after a Change in Control that would result in Trust assets equaling less than the funding levels outlined in Section 2.2 (b).
Company Reimbursement. The Insurer shall pay the Loss of the Company for which the Company has indemnified the Insured Persons and which the Insured Persons have become legally obligated to pay by reason of a Claim first made against the Insured Persons and reported to the Insurer during the Policy Period or, if elected, the Extended Reporting Period, for any Wrongful Acts taking place prior to the end of the Policy Period.
Company Reimbursement. The insurer agrees, subject to the terms, conditions, limitations and exclusions of this policy, to indemnify the company, to the extent it has lawfully indemnified an insured person for a claim otherwise insured under clauses 2.1 or 2.2.
Company Reimbursement. The provisions of this Section 0 shall not affect any agreement that the Company may make for the sharing of such costs and expenses.
Company Reimbursement. The insurer shall pay the loss of the company when and to extent that the company has indemnified the insured for the loss. Deductible – THB 200,000.- each and every claim The cover provided under this policy is extended to pay the Loss of the - Entity Cover for Employment Practice Liability with Sub Limited to THB 40,000,000.- Deductible:THB 200,000.- each and every claim - Entity Coverage for Security Claims with Sub Limited to THB 40,000,000.- Deductible:THB 200,000.- each and every claim For better Clarification, the definitions for terms in D&O policy are stated as follows: