Allocated Costs. The Charges to each Client Company under this Agreement shall include such Client Company’s Allocated Share of all costs incurred by Servicer that are not Direct Costs, including costs related to Services that have joint benefit for two or more Client Companies and Servicer’s overhead costs and costs paid by SuperMedia that have joint benefit for two or more Client Companies (which, after completion of the Integration, shall be zero) (collectively, “Allocated Costs”). For the avoidance of doubt, Allocated Costs shall include the salary, benefits and severance costs of employees (other than Client Company Employees) that provide services for the benefit of two or more Client Companies (“Shared Employees”). For the avoidance of doubt, Charges allocated to any Client Company as Direct Costs or Allocated Costs (including such Client Company’s share of any capital expenditures or capital lease obligations incurred by Servicer) shall also be allocated to such Client Company for financial statement purposes.
Allocated Costs. (i) Delta shall prepare and send Ultra a breakdown of the expense categories included within the Corporate Dedicated and Corporate Shared and Allocated Expenses allocated to Ultra during the most recent three-month period for which financial information is reasonably available preceding the Distribution Date, which information shall be prepared using allocation practices and methodologies consistent with Delta’s historical past practices and methodologies for such cost apportionment, together with a calculation of the annualized cost, based upon such three-month period, of Corporate Dedicated and Corporate Shared/Allocated expenses included in Ultra’s income statement (“Ultra Corporate Expenses”)
(ii) If the annualized Ultra Corporate Expenses determined in accordance with paragraph 1 above (“Annualized Ultra Corporate Expenses”) exceed $116,000,000 (“Pre-Closing Ultra Allocated Corporate Expenses Target”), then Delta shall pay Ultra within 120 days after the Distribution Date an amount not to exceed $25,000,000 consisting of (a) the excess of such Annualized Ultra Corporate Expense over the Pre-Closing Ultra Allocated Corporate Expenses Target and (b) Ultra’s reasonable expenses (including reasonable projected severance and other restructuring costs) in connection with reducing Annualized Corporate Expenses to the Pre-Closing Ultra Allocated Corporate Expenses Target.
(iii) On or prior to the Distribution Date, Delta shall work with Ultra management to prepare in good faith a budget (“Ultra FY 19 Corporate Expense Budget”) using budgeting methodologies and practices consistent with Delta’s existing management budgeting methodologies and practices and based upon known and expected annual standalone costs of the combined Ultra, Vector, and Kodiak as a publicly traded company during the twelve months following the Distribution covering the categories of activities included within Corporate Expenses. The Ultra FY 19 Corporate Expenses Budget shall reflect the expected combined Corporate Expenses of the merged Ultra, Vector and Kodiak as a publicly traded company, and be consistent with budgets disclosed to credit agencies, lenders, and the Ultra Board of Directors.
(iv) If Ultra’s Pro Rata Share of the Ultra FY 19 Corporate Expense Budget exceeds $116,000,000, then Delta shall pay Ultra within 120 days after the Distribution Date, an amount not to exceed $25,000,000, consisting of the excess of Ultra’s apportioned amount of the Ultra FY 19 Corporate Expense B...
Allocated Costs. Costs incurred by a Party, including IGCH and IGCS, that are not specifically attributable to a Party but that have joint benefit to two or more Parties including IGC shall be charged to the appropriate accounts based on specified allocation methodologies. The allocation methodologies used shall be reasonably based on cost causative or benefit derivation measures to ensure an equitable allocation among such Parties, as more specifically shown on Attachment B.
Allocated Costs. Costs incurred that are not specifically attributable to a Party but that have joint benefit to two or more Parties shall be charged to the appropriate functions based on specified allocation methodologies. The allocation methodologies used shall be reasonably based on cost causative measures to ensure an equitable allocation among such Parties.
Allocated Costs. The Charges to each Client Company under this Agreement shall include such Client Company’s Allocated Share of all costs incurred by Servicer that are not Direct Costs, including costs related to Services but that have joint benefit for two or more Client Companies and Servicer’s overhead costs (collectively, “Allocated Costs”). For the avoidance of doubt, Charges allocated to any Client Company as Direct Costs or Allocated Costs (including such Client Company’s share of any capital expenditures or capital lease obligations incurred by Servicer) shall also be allocated to such Client Company for financial statement purposes.
Allocated Costs. Whenever Distributor (i) makes any expenditures or incurs any liability in respect of a group of Productions which includes one or more of the Funded Qualifying Projects, or (ii) receives from any licensee either a flat sum or a percentage of the receipts, or both, for any right to a group of Productions which includes any of the Funded Qualifying Projects, under any agreement (whether or not the same shall provide for the exhibition, sale, lease or delivery of positive prints of any of said Productions) which does not specify what portion of the license payments apply to the respective Productions in the group (or to such prints or other material, if any, as may be supplied), then, in any and all such situations, Distributor shall, in good faith, include in, or deduct from, the Gross Receipts for any such Funded Qualifying Projects, as the case may be, such sums in a non-discriminatory manner.
Allocated Costs. The following items paid for by Supplier may be allocated to a Project on the basis of labor hours charged to the Project, but only to the extent that they are based on actual costs These costs will be allocated by Supplier to all of its jobs, not just CenturyLink jobs, so that only a pro-rata amount of the costs will be charged to the Service:
(a) Group insurance limited to health, dental, vision, life, disability, accidental death and dismemberment.
(b) FICA and Medicare at the statutory rate.
(c) State Unemployment.
(d) Workers Compensation net of all premium, volume and other discounts granted to Supplier.
(e) General Liability if assessed on the basis of wages.
(f) Vacation, holiday, and sick leave accruals
(g) Qualified 401(k), pension, profit sharing, and retirement benefits under a written plan.
(h) State and local taxes assessed to employers on the basis of the number of employees.
Allocated Costs. Prior to the Effective Date, the Employee Services Center received non-labor related systems and other support services from various corporate groups. As set forth in the Services Schedule (Schedule A), following the Process Take-On Date Company shall initially be responsible for providing these systems and services in support of the Employee Service Center[***]*. Company shall provide Provider with an estimate of projected annual Allocated Costs prior to the beginning of each calendar year, and the Parties agree to discuss and review these allocations prior to implementation. Any issues arising out of the allocation review shall be handled through the Dispute Resolution Process. Allocated Costs shall be charged and invoiced between the Parties as set forth in Section 6.6 below. [***]*
Allocated Costs. Costs incurred that are not specifically attributable to a Party but that have joint benefit to two or more Parties shall be charged to the appropriate Parties based on specified allocation methodologies. The allocation methodologies and factors used as reflected in Exhibit B shall be reasonably based on cost causative measures to ensure an equitable allocation among such Parties. At least sixty (60) days prior to any change to Exhibit B, the Parties shall provide to each other and file on the ICC’s e-Docket system with a copy to the ICC’s Accounting Department Manager and to the Office of the Chief Clerk a revised version of Exhibit B along with an indication of what change(s) will be made.
Allocated Costs. The parties hereto agree that, in consideration for the provision of the Services by Provider under Section 1 above, Recipient shall pay to Provider an amount equal to all the Provider’s fully allocated costs (direct and indirect) incurred for the Services actually used by Recipient and the compensation, benefits and perquisites of the staffing personnel provided to Recipient, including without limitation, any and all out-of-pocket costs and expenses related thereto (collectively, “Allocated Costs”). The Allocated Costs for all staffing personnel provided to Recipient shall include Provider’s cost of providing all compensation, benefits and perquisites to such personnel, plus all of the fully allocated administrative and out-of-pocket costs and expenses related thereto.
