Common use of Expenses of Manager Clause in Contracts

Expenses of Manager. Owner shall reimburse Manager for direct expenses of Manager incurred solely on account of the commercial portion of the Premises for the payment of any proper obligation or necessary expense connected with the maintenance and operation of the commercial portion of the Premises, including the wages, salary and other compensation of any approved full-time on-site property manager(s), all reasonable costs incurred in the operation of a commercial management office in the Building, including office rental, personnel positions, supplies, postage, equipment and telephone, and all travel and entertainment costs reasonably incurred by Manager related to its management services. As a consultant, DIHC Management Corporation shall also be entitled to reimbursement by Owner of its reasonable travel costs incurred in connection with the Premises. All payments to be made by Manager hereunder shall be made by check drawn on the Operating Account, except for ▇▇▇▇▇ cash items not exceeding Two Hundred Dollars ($200.00), which may be paid from a fund to be maintained by Manager for such purposes. Manager shall not be obligated to make any advance to or for the account of Owner or to pay any sums except out of funds held in the Operating Account, nor shall Manager be obligated to incur any liability or obligation for the account of Owner without assurance that the necessary funds for the discharge thereof will be provided. Any reimbursement to Manager hereunder shall be in addition to, and not in lieu of, Manager's fees under Article IV hereof.

Expenses of Manager. Owner shall reimburse Manager for direct expenses of Manager manager incurred solely on account of the commercial residential portion of the Premises for the payment of any proper obligation or necessary expense connected with the maintenance and operation of the commercial residential portion of the Premises, including the wages, salary and other compensation of any approved full-time on-site property manager(s), all reasonable costs incurred in the operation of a commercial residential management office in the Building, including office rental, personnel positions, supplies, postage, equipment and telephone, and all travel and entertainment costs reasonably incurred by Manager Manger related to its management services. As a consultant, DIHC Management Corporation shall also be entitled to reimbursement by Owner of its reasonable travel costs incurred in connection with the Premises. All payments to be made by Manager hereunder shall be made by check drawn on the Operating Accountaccount, except for ▇▇▇▇▇ cash items not exceeding Two Hundred Dollars ($200.00), which may be paid from a fund to be maintained by Manager for such purposes. Manager shall not be obligated to make any advance to or for the account of Owner or to pay any sums except out of funds held in the Operating Account, nor shall Manager be obligated to incur any liability or obligation for the account of Owner without assurance that the necessary funds for the discharge thereof will be provided. Any reimbursement to Manager hereunder shall be in addition to, and not in lieu of, Manager's fees under Article IV hereof.