General and Administrative Expense. Cite the rate and the base. In the case of nonprofit organizations, this item will usually be included in the indirect cost.
General and Administrative Expense. Notwithstanding the provisions of Subsection (f) of Section 8 of the Loan Agreement, Borrower and Guarantors shall not permit cash general and administrative expenses on a consolidated basis to exceed $75,000.00 per month during term of this Agreement; provided, however, that (i) the net proceeds from the Stock Options under Section 8 above and the proceeds from the Subordinate Loans under Section 9 above may be used by Borrower for general and administrative expenses in excess of this monthly limit, (ii) reasonable costs and expenses incurred by Borrower in connection with the Subordinate Loans shall not be subject to this limit, and (iii) unpaid general and administrative expenses in excess of this monthly limit may be accrued and paid only after the Revolving Note and all other obligations under this Agreement and the Loan Agreement are paid in full, and all outstanding Letters of Credit, including the Nicaragua Letters of Credit, are terminated or cash secured to Lender's satisfaction.
General and Administrative Expense. 2.11.1 The services for all personnel of the CONTRACTOR as per subpart2.
General and Administrative Expense. Incur selling, general and administrative expenses (excluding direct syndication, promotion and advertising and distribution costs and other items included in Budgeted Negative Cost) in excess of $32,000,000 in the fiscal year ending December 31, 1996 and in any subsequent fiscal year, in excess of the amount permitted hereunder for the prior fiscal year plus 10%.
General and Administrative Expense. ARAMARK’s allowance for the financial reporting, legal, tax and audit services and management oversight provided to client locations by ARAMARK at the regional and corporate levels. Such allowance shall be $0.0250 per meal served under the NSLP and SBP and Meal Equivalents served.
General and Administrative Expense. The Borrower shall not permit general and administrative expense recognized as an expense under GAAP to exceed $3,000,000 in the aggregate for the Borrower and its Subsidiaries and U.S. Energy Corp. and its subsidiaries, on a combined basis, for fiscal year 2016 or fiscal year 2017. For purposes of this Section 9.20, general and administrative expenses shall exclude stock-based compensation expense, depreciation, amortization, and similar expenses that will not ultimately be settled in cash.
2.8 Amendment to Section 10.01(d). Section 10.01(d) is hereby amended by replacing the phrase “Section 8.14” therein with the phrase “Section 8.13(e), Section 8.14”.
General and Administrative Expense. During the three months ended March 31, 2013, general and administrative expenses increased by approximately $1 million when compared to the same period in 2012. General and administrative expenses include costs related to legal and other consulting services to evaluate certain transaction opportunities and other non-recurring matters. We incurred approximately $0.7 million of these costs during the three months ended March 31, 2013 which was the primary driver for the increase in general and administrative expense compared to March 31, 2012. Also impacting our general and administrative expenses for the three months ended March 31, 2013 were increases in payroll and related benefit costs, which reflects the increased scope of our business operations compared to the same period in 2012. Items not affecting EBITDA include the following: Depreciation, Amortization and Accretion Expense — We have experienced increases in our depreciation, amortization and accretion expense primarily due to assets acquired during 2012. Interest and Debt Expense — Interest and debt expense increased for the three months ended March 31, 2013 compared to the same period in 2012, primarily due to (i) higher outstanding balances on CMM and CMLP credit facilities; and (ii) the issuance of an additional $150 million of 7.75% Senior Notes in November 2012. The following table provides a summary of interest and debt expense (In thousands): Interest cost: Credit Facilities $ 6,990 $ 3,203 Senior Notes 4,390 4,027 Capital lease interest 72 49 Other debt-related costs (2 ) 369 Total cost 11,450 7,648 Less capitalized interest — (91 ) Interest and debt expense $ 11,450 $ 7,557 Our sources of liquidity include cash flows generated from operations, available borrowing capacity under our credit facilities, and issuances of additional debt and equity in the capital markets. We believe that our sources of liquidity will be sufficient to fund our short-term working capital requirements, capital expenditures and cash distributions for the remainder of 2013. The amount of distributions to CMLP’s unitholders is determined by the Crestwood Gas Services’ board of directors of on a quarterly basis. The following table provides a summary of our cash flows by category (In thousands): Net cash provided by operating activities $ 34,034 $ 22,153 Net cash used in investing activities (24,273 ) (389,694 ) Net cash provided by (used in) financing activities (9,837 ) 369,439 During the three months ended March...
General and Administrative Expense. Operator shall charge the Non-Operators for General and Administrative Expenses allocated to the Program or Partnership in accordance with generally accepted accounting principles.
General and Administrative Expense. Adjustment represents the net increase of certain executive compensation and benefits in connection with the employment agreement for the Waycare executive to become an officer of the Company, resulting in an increase in annual compensation concurrent with the acquisition. Additionally, the adjustment reflects the net increase in share-based compensation expenses as a result of the $5,000,000 RSU’s that were issued to Waycare employees and the retirement of Waycare’s stock options. A break of out the adjustment is as follows (dollars in thousands): Net increase in compensation expense $ 70 $ 140 Net increase in share-based compensation expense 632 1,265 Total $ 702 $ 1,405
General and Administrative Expense. Limitation of the Credit Agreement is hereby amended by deleting the section in its entirety and substituting the following:
