Common use of Payment Generally Clause in Contracts

Payment Generally. Each of the Partnership Entities, in consideration for the performance of the Services by or on behalf of Basis agrees to reimburse Basis for (i) all direct and indirect expenses actually incurred by Basis relating to the Services provided by Basis hereunder to the General Partner or the Partnership Entities, including all Administrative and General Expenditures ("Direct Charges"), (ii) the actual cost of any item purchased for the General Partner or the Partnership Entities by Basis ("Operating Charges"), (iii) all expenses actually incurred by Basis for Outsourced Services or other contract services or utilities provided by any third party providers for the General Partner or the Partnership Entities under an agreement between Basis or any of its Affiliates and such third party ("Outsourced Charges"), and (iv) all expenses for office space, including any leasehold improvements, as allocated per space and per individual by reasonable determination of Basis ("Office Charges").