Limitations on Reimbursement. (a) The amount for which Service Provider shall be entitled to reimbursement from Owner pursuant to Section 2.1(b) for general and administrative expenses shall not exceed the amount set forth in Schedule A to this Agreement (the “G&A Expenses Limit”). Thereafter, the G&A Expenses Limit shall be increased annually by the percentage increase in the Consumer Price Index - All Urban Consumers, U.S. City Average, Not Seasonally Adjusted for the applicable year. In the event that Owner makes any acquisitions of assets or businesses or the business of Owner otherwise expands following the date of this Agreement, then the G&A Expenses Limit shall be appropriately increased by amending Schedule A to this Agreement in order to account for adjustments in the nature and extent of the general and administrative services by Service Provider to Owner, with any such increase in the G&A Expense Limit subject to the approval of the Conflicts Committee. (b) The obligation of Owner to reimburse Service Provider and its Subsidiaries pursuant to Section 3.2 shall not be subject to any monetary limitation.
Appears in 2 contracts
Sources: Services Agreement, Services Agreement (DCP Midstream Partners, LP)