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Patent Expenses
Patent Expenses contract clause examples

Expenses. The Executive shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by the Executive during the Term in performing services hereunder, in accordance with the policies and procedures then in effect and established by the Company for its U.S. executive officers.

EXPENSES. The Company agrees to reimburse the Director in full for any Expenses incurred by the Director in connection with investigating, preparing for, litigating, defending or settling any action brought by the Director under Clause 11(a) above, or in connection with any claim or counterclaim brought by the Company in connection therewith.

Expenses. During the Employment Period, the Company will reimburse Executive for all reasonable travel and other business expenses incurred by Executive in connection with the performance of his duties and obligations under this Agreement. Executive shall comply with such limitations and reporting requirements with respect to expenses as may be established by the Company from time to time. With respect to any such reimbursements that are taxable to Executive, such reimbursements shall # be paid in accordance with the Company’s normal reimbursement procedures as in effect from time to time, but in no event later than the last day of the taxable year following the taxable year in which the expense giving rise to such reimbursement was incurred, # for any taxable year, not affect the expenses eligible for reimbursement in a different taxable year, and # not be subject to liquidation or exchange for other benefits. Obligations of the Company to reimburse Executive for travel and other business expenses under this Section 4(c) incurred prior to the Termination Date shall survive termination of this Agreement.

Expenses. All fees and expenses incurred in connection herewith and the transactions contemplated hereby shall be paid by the party incurring such expenses, whether or not the transactions contemplated by the Purchase Agreement are consummated.

Expenses. For purposes of this Agreement, the term “expenses” shall be broadly construed and shall include, without limitation, all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorneys’, witness, or other professional fees and related disbursements, and other out-of-pocket costs of whatever nature), actually and reasonably incurred by Indemnitee in connection with the investigation, defense or appeal of a proceeding or establishing or enforcing a right to indemnification under this Agreement, the Company’s Bylaws, Certificate of Incorporation, applicable law, or otherwise, and amounts paid in settlement by or on behalf of Indemnitee, but shall not include any judgments, fines or penalties actually levied against Indemnitee for such individual’s violations of law. The term “expenses” shall also include reasonable compensation for time spent by Indemnitee for which he or she is not compensated by the Company or any affiliate or third party # for any period during which Indemnitee is not an agent, in the employment of, or providing services for compensation to, the Company or any affiliate; and # if the rate of compensation and estimated time involved is approved by the directors of the Company who are not parties to any action with respect to which expenses are incurred, for Indemnitee while an agent of, employed by, or providing services for compensation to, the Company or any affiliate.

Expenses. Each party shall bear its own expenses.

Expenses. Magenta shall not be responsible for reimbursement of any expenses paid or incurred by BTMB unless otherwise agreed to by the Parties in the corresponding Rider(s).

Expenses. Guarantor agrees to reimburse the Bank on demand for all the Bank’s expenses, damages and losses of any kind or nature, including without limitation costs of collection and actual attorneys' fees and disbursements whether for internal or external counsel incurred by the Bank in attempting to enforce this Guaranty, collect any of the Obligations including any workout or bankruptcy proceedings or other legal proceedings or appeal, realize on any collateral, defense of any action under the prior paragraph or for any other purpose related to the Obligations (collectively, “Expenses”). Expenses will accrue interest at the highest default rate in any instrument evidencing the Obligations until payment is actually received by the Bank.

Expenses. The expenses of administering the Plan shall be borne by the Company and its Affiliates.

Expenses. Notwithstanding the above, the Company shall pay or reimburse the Consultant, in accordance with the Company’s then-current reimbursement policy, for any expenses reasonably incurred by Consultant in furtherance of Consultant’s duties hereunder upon submission by Consultant of vouchers, receipts, or itemized lists thereof prepared in compliance with such reimbursement policy and as may be required by the Company in order to permit such payments as proper deductions to Company under the Internal Revenue Code, as amended.

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