Common use of Costs Eligible for Reimbursement Clause in Contracts

Costs Eligible for Reimbursement. Service Provider shall pay out of funds advanced from time to time by Manager, the actual and reasonable out-of-pocket costs and expenses of the operation of the Business and to the extent any such amounts are advanced by Service Provider (provided, Service Provider shall have no obligation to advance any amount) shall be promptly reimbursed to Service Provider, upon request, by Manager, at actual cost (without markup) including the following: (a) fees of independent contractors which provide brokerage and other financial services, due diligence services, underwriting review services, legal and accounting services, and all other services as may be required relating to Business; (b) costs of utilities, contractors and insurance furnished to the Company or Manager; (c) industry association dues attributable to the Business or Manager; (d) the Company’s debt service; (e) reimbursement of Service Provider’s actual out-of-pocket costs and expenses to the extent not prohibited by Section 4.02 on account of, stationery, telephones and communications services, computer equipment and applications, office supplies; and (f) cost of routine travel (beyond fifty (50) miles) by Service Provider’s employees or associates with respect to the services provided hereunder.

Appears in 3 contracts

Sources: Services Agreement, Services Agreement (Empire State Realty Trust, Inc.), Services Agreement (Empire State Realty OP, L.P.)