Subject to specific exclusions contained in this Agreement for the Works, all costs which are reasonably and actually incurred by the Participants in connection with the Works (excluding any corporate overhead component not specific to the Works and any profit or mark up of any kind) will be reimbursable costs under this Agreement (Reimbursable Costs).
It is a fundamental underlying principle of this Agreement that, except for the Corporate Overhead and Profit, no Participant will derive any mark up, overhead, profit or unreasonable advantage from the utilisation of their resources for the Works.
Reimbursable Costs include the following costs which are reasonably and actually incurred: