Common use of Direct Charges Clause in Contracts

Direct Charges. Notwithstanding Section 1.1 (a) above, the following items will be directly charged to Holdings (“Direct Charges”): all third party expenses directly related to Holdings, including, but not limited to, public company costs, outside legal fees, outside accounting fees, fees and expenses of directors, external advisors and consultants, and insurance costs, including but not limited to, directors and officers.

Appears in 3 contracts

Sources: Administration Agreement (Valero Gp Holdings LLC), Administration Agreement (Valero L P), Administration Agreement (Valero L P)

Direct Charges. Notwithstanding Section 1.1 (a1.1(a) above, the following items will be directly charged to Holdings (“Direct Charges”): all third party expenses directly related to Holdings, including, but not limited to, public company costs, outside legal fees, outside accounting fees, fees and expenses of directors, external advisors and consultants, and insurance costs, including but not limited to, directors and officers.

Appears in 1 contract

Sources: Administration Agreement (Valero Gp Holdings LLC)