Coverage of Costs Sample Clauses

The "Coverage of Costs" clause defines which party is responsible for paying specific expenses incurred under the agreement. Typically, it outlines whether costs such as materials, labor, travel, or administrative fees will be borne by the service provider, the client, or shared between both parties. For example, in a consulting contract, this clause might specify that the client will reimburse the consultant for reasonable travel expenses. Its core practical function is to allocate financial responsibility clearly, preventing disputes over payment obligations and ensuring both parties understand their respective cost burdens.
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Coverage of Costs. To cover the costs incurred through the activities of the arbitra- tion court, the arbitrator decides which of the parties must pay the costs of the case. Subsection 7: Choice of arbitrator and arbitration members The organisations are free to choose who they want as mediator and arbitration members. Subsection 8: Prohibition of work stoppage Subsection 9: Work stoppage ordered by the main organisa- tions Subsection 10: Organisational responsibility Subsection 11: Disagreements in the apprentice area
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Coverage of Costs. In addition, and without limitation of Supplier’s obligations under Section 6.1, Supplier will pay the reasonable costs incurred by SBHASO and any affected Upstream Covered Entities in connection with the following items with respect to any Event: (a) any investigation to determine the cause of an Event, including forensic consultations; (b) legal advice regarding an Event; (c) provision of notification of an Event to affected Individuals, applicable government, relevant industry self-regulatory agencies, and the media; (d) provision of credit monitoring and/or identity theft services to affected Individuals; (e) operation of a call center to respond to questions from Individuals; and (f) other reasonable mitigation efforts as deemed necessary or appropriate by SBHASO and any affected Upstream Covered Entity.
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Coverage of Costs. The allocation of payments made by the Landlord shall cover all costs charged to the Landlord during the respective turnover period. Any invoices received subsequently for previous periods of settlement shall be taken into account at the following settlement however, any invoices pertaining to any times prior to the commencement of this Agreement will not be taken into account. If this Agreement begins or ends during a calendar month, the Tenant shall bear the costs on a pro rata temporis basis.
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Coverage of Costs. I. All costs (including, but not limited to, litigation costs, arbitration costs, notary fees attorney’s fees, execution costs, property preservation costs, travel costs, appraisal costs, insurance costs, storage costs, registration costs, appraisal costs, auction costs, service costs, announcement costs, disposal costs, transfer costs, etc.) resulting from the Borrower’s violation of any of the provisions of this Contract shall be borne by the Borrower. II. Each party shall bear its own taxes and fees (including but not limited to stamp duty) payable under this contract. Taxes and administrative fees, etc. imposed by the government or agencies exercising administrative functions (except for taxes and fees that the Lender is required by law to bear on its own), as well as notary’s fees, if any, and guarantee fees, if any, shall be borne by the Borrower. III. For other costs, the specific agreement is set forth in Article 24, Special Agreement Clause X of this contract.
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Coverage of Costs. Any royalties or other amounts required to be paid to a Third Party to obtain a suitable license pursuant to Section 10.2.5(b) above to use, sell, offer for sale, make, have made, import or export, (i) any VP Compound or (ii) the VP Product formulation for which NDA 21-245 was submitted to the FDA on July 31, 2001, shall be at the sole cost and responsibility of ViroPharma and shall not be deemed a Commercialization Expense (except to the extent that the SaSy Royalties are reduced to the same extent by any such payment, in which case, any such payment shall be deemed a SaSy Royalty.) Notwithstanding anything to the contrary herein, the Parties shall share equally any responsibility for any Third Party patent infringement action concerning a Combination Product to the extent that the claim of infringement alleges use of the VP Compound in connection with any other Compound or product.
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Coverage of Costs. In addition, and without limitation of Supplier’s obligations under Section 6.1, Supplier will pay the reasonable costs incurred by North Sound BH-ASO and any affected Upstream Covered Entities in connection with the following items with respect to any Event: (a) any investigation to determine the cause of an Event, including forensic consultations; (b) legal advice regarding an Event; (c) provision of notification of an Event to affected Individuals, applicable government, relevant industry self-regulatory agencies, and the media; (d) provision of credit monitoring and/or identity theft services to affected Individuals; (e) operation of a call center to respond to questions from Individuals; and (f) other reasonable mitigation efforts as deemed necessary or appropriate by North Sound BH-ASO and any affected Upstream Covered Entity.
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Coverage of Costs. Article 10
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Coverage of Costs. To cover the costs incurred through the activities of the arbitra- tion court, the arbitrator decides which of the parties must pay the costs of the case. (7) Choice of arbitrator and arbitration members (8) Prohibition of work stoppage (9) Work stoppage ordered by the main organisations These rules do not limit the 2 organisations’ or their members’ right to participate, without prior negotiation or arbitration, in a work stoppage that is ordered by the Confederation of Danish Employers or the Danish Confederation of Trade Unions. (10) Organisational responsibility (11) Disagreements in the apprentice area
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Related to Coverage of Costs

  • Payment of Costs Each party to a hearing before an arbitrator shall bear his/her own expenses in connection therewith. All fees and expenses of the arbitrator and of a reporter shall be borne one-half by the County and one-half by the grievant.

  • Reimbursement of Costs City may reimburse Consultant’s out-of-pocket costs incurred by Consultant in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Consultant shall be responsible for any and all out-of-pocket costs incurred by Consultant in the performance of the Required Services.

  • Payment of Costs and Fees The Borrower shall pay to the Administrative Agent all reasonable costs, out-of-pocket expenses, and fees and charges of every kind in connection with the preparation, negotiation, execution and delivery of this Amendment and any documents and instruments relating hereto (which costs include, without limitation, the reasonable fees and expenses of any attorneys retained by the Administrative Agent) to the extent provided in Section 10.5 of the Credit Agreement.

  • Allocation of Costs and Expenses The Company shall bear all costs and expenses for the administration of its business and shall reimburse the Adviser for any such costs and expenses that have been paid by the Adviser, or by any affiliate thereof, on behalf of the Company on the terms and conditions set forth in Section 6. These costs and expenses shall include, but not be limited to: (a) trust and organizational expenses relating to borrowings and offerings of the Shares and the Company’s other securities and incurrences of indebtedness, subject to limitations included in this Agreement; (b) the cost of calculating the Company’s net asset value, including the cost and expenses of any third-party valuation services; (c) the cost of effecting sales and repurchases of the Shares and any other securities of the Company; (d) expenses incurred by the Adviser or any affiliate thereof payable to third parties, including agents, consultants or other advisors (such as accountants and legal counsel); (e) fees payable to third parties relating to, or associated with, making, monitoring and disposing of investments, and valuing investments and enforcing contractual rights, including fees and expenses associated with performing due diligence reviews of prospective investments; (f) professional fees relating to investments, including expenses of consultants, investment bankers, attorneys, accountants and other experts; (g) fees, expenses, and costs relating to or associated with software tools, programs or other technology (including risk management software, fees to risk management services providers, third-party software licensing, implementation, data management and recovery services and custom development costs); (h) research and market data (including news and quotation equipment and services, and any computer hardware and connectivity hardware (e.g., telephone and fiber optic lines) incorporated into the cost of obtaining such research and market data); (i) all costs and charges for equipment or services used in communicating information regarding the Company’s transactions among the Adviser and any custodian or other agent engaged by the Company (j) all costs associated with the provision of information technology services; (k) federal and any state registration or notification fees; (l) the costs of preparing, printing and mailing reports and other communications, including tender offer correspondence, proxy statements, shareholder reports and notices or similar materials, to shareholders; (m) interest payable on debt, if any, incurred to finance the Company’s investments; (n) transfer agent and custodial fees; (o) fees and expenses associated with the Company’s marketing efforts (including travel and attendance at investment conferences and similar events); (p) all costs of registration and listing the Company’s securities on any securities exchange; (q) federal, state and local taxes; (r) fees and expenses of Independent Trustees (as defined below); (s) overhead costs, including rent, office supplies, utilities and capital equipment; (t) costs of preparing and filing reports or other documents required by the SEC or any other governmental agency; (u) costs of fidelity bond, trustees and officers/errors and omissions liability insurance and other insurance premiums; (v) direct costs and expenses of administration, including those relating to printing, mailing, long distance telephone, copying, secretarial and other and staff, independent auditors and outside legal costs; (w) fees and expenses associated with independent audits, outside legal costs, and tax returns, including compliance with the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, the 1940 Act and applicable federal and state securities laws; (x) internal legal expenses (including those expenses associated with preparing the Company’s public filings, attending and preparing for board meetings, as applicable, and generally serving as counsel to the Company) (y) costs associated with the Company’s reporting and compliance obligations under the 1940 Act and applicable federal and state securities laws, including the cost of third-party service providers and any compliance program audit programs; (z) brokerage commissions for the Company’s investments; (aa) computer software specific to the business of the Company; (bb) any unreimbursed expenses incurred in connection with transactions not consummated; (cc) research and market data (including news and quotation equipment and services, and any computer hardware and connectivity hardware (e.g., telephone and fiber optic lines) incorporated into the cost of obtaining such research and market data); (dd) the costs of responding to regulatory requests; (ee) routine non-compensation overhead expenses of the Adviser and or any affiliate thereof in connection with administering the Company’s business; (ff) all other expenses incurred by the Company or the Adviser, or by any affiliate thereof that the Adviser has arranged to provide services to the Company, in connection with the administration of the Company’s business, including expenses incurred by the Adviser or any affiliate thereof in performing the Adviser’s obligations under this Agreement and the reimbursement of the allocable portion of the compensation of the Company’s chief financial officer, chief compliance officer and administrative support staff attributable to the Company, to the extent that they are not a person with a controlling interest in the Adviser or any of its affiliates, subject to the limitations included in this Agreement, as applicable; and (gg) any expenses incurred outside of the ordinary course of business, including, without limitation, costs incurred in connection with any claim, litigation, arbitration, mediation, government investigation or similar proceeding and indemnification expenses as provided for in the Fund’s and the Master Fund’s respective organizational documents.

  • Payment of Costs and Expenses The Borrower agrees to pay on demand all reasonable expenses of each of the Agents and the Arranger (including the reasonable fees and out-of-pocket expenses of counsel to the Agents and the Arranger and of local or foreign counsel, if any, who may be retained by counsel to the Agents) in connection with (a) the syndication by the Syndication Agent and the Arranger of the Loans, the negotiation, preparation, execution and delivery of this Agreement and of each other Loan Document, including schedules and exhibits, and any amendments, waivers, consents, supplements or other modifications to this Agreement or any other Loan Document as may from time to time hereafter be required, whether or not the transactions contemplated hereby are consummated; (b) the filing, recording, refiling or rerecording of each Pledge Agreement and each Security Agreement and/or any Uniform Commercial Code financing statements relating thereto and all amendments, supplements and modifications to any thereof and any and all other documents or instruments of further assurance required to be filed or recorded or refiled or rerecorded by the terms hereof or of such Pledge Agreement, Security Agreement or Uniform Commercial Code financial statements; and (c) the preparation and review of the form of any document or instrument relevant to this Agreement or any other Loan Document. The Borrower further agrees to pay, and to save the Agents, the Documentation Agent, the Arranger, the Issuer and the Lenders harmless from all liability for, any stamp or other similar taxes which may be payable in connection with the execution or delivery of this Agreement, the Credit Extensions made hereunder or the issuance of the Notes or Letters of Credit or any other Loan Documents. The Borrower also agrees to reimburse each Agent, the Documentation Agent, the Arranger, the Issuer and each Lender upon demand for all reasonable out-of-pocket expenses (including reasonable attorneys' fees and legal expenses) incurred by such Agent, the Documentation Agent, the Arranger, the Issuer or such Lender in connection with (x) the negotiation of any restructuring or "work-out", whether or not consummated, of any Obligations and (y) the enforcement of any Obligations.