Common use of OPERATING EXPENSE REIMBURSEMENT Clause in Contracts

OPERATING EXPENSE REIMBURSEMENT. The Joint Operator will pay all costs and expenses connected with the Parking Facilities when due. The Joint Operator will submit a written report to the State by the tenth (10th) day of each month, listing all expenses previously authorized in accordance with Sections C and D of this Article that were incurred and paid in the operation of the Parking Facilities and Shuttle Bus Service for the preceding month. The State will process reimbursements and pay approved costs on or before the fifteenth (15th) day after the State receives the Joint Operator's monthly activity report.