Indirect Charges Sample Clauses

Indirect Charges. Operator may charge the Joint Account for indirect costs either by use of an allocation of district expense items plus the rate for administrative overhead, and plus the warehousing charges, all as provided for in Paragraph 1 of this Section III or by combining all three of said items under the rates provided for in Paragraph 2 or 3 of this Section III, as indicated next below: o Paragraph 1. (District Expense, Administrative Overhead and Warehousing) x Paragraph 2. (Combined Rates - Well Basis) o Paragraph 3. (Combined Rates - Percentage Basis) The cost and expense of services from outside sources in connection with matters of taxation, traffic, accounting or matters before or involving governmental agencies shall be considered as included in the overhead rates provided for in the above selected Paragraph of this Section III unless such cost and expense are agreed to by Operator and Non-Operators as a direct charge to the Joint Account. A. x shall o shall not include salaries and personal expenses of first-level supervisors in the field. B. x shall o shall not include salaries, wages and personal expenses of technical employees temporarily assigned to and directly employed on the Joint Property. C. x shall o shall not include salaries, wages and personal expenses of technical employees either temporarily or permanently assigned to and directly employed in the operation of the Joint Property. 1. District Expense, Administrative Overhead and Warehousing A. District Expense B. Administrative Overhead (1) o Well Basis
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Indirect Charges. Subject to limitations hereinafter prescribed, and unless otherwise provided in the Operating Agreement, Manager shall charge the Joint Account with the following items:
Indirect Charges. Purpose - Operator shall charge the Joint Account monthly for the cost of indirect services and related office costs of Operator and its Affiliates not otherwise provided in this Accounting Procedure. Indirect costs chargeable under this Section III. represent the cost of general counseling and support services provided to Operator by its Affiliates. These costs are such that it is not practical to identify or associate them with specific projects but are for services which provide Operator with needed and necessary resources which Operator requires and provide a real benefit to Joint Operations. No cost or expenditure included under Section II above shall be included or duplicated under this Section III.3. The charges under Section 3 are not subject to audit under Sections 1.8.1 and 1.8.2 other than to verify that the overhead percentages are applied correctly to the expenditure basis.
Indirect Charges. Each party who is designated as a Non-Operator pursuant to the terms of the Operating Agreement shall be charged the sum of $12.00 per month per unit to defray certain costs associated with revenue distributions and Investor reporting, including postage and materials. Further, the Non-Operators, as a group, shall collectively be charged the sum of $2,550 per month for reimbursement to the Operator of non-accountable administrative overhead associated with operations. The specific rates provided for in this Article 3. may be amended from time to time by mutual agreement between the Parties hereto if, in practice, the rate is found to be insufficient or excessive. In addition, the rate herein provided shall be adjusted annually, at each January 1 thereafter. The rate shall, at the option of Operator, be adjusted annually by a fraction, the numerator of which shall be the price of All Items in the Consumer Price Index published by the Bureau of labor Statistics from the month of Oecember next preceding the Adjustment Date, and the denominator of which shall be the price of All Items in such Index for December of the preceding year. Adjustments shall be made from time to time to reflect changes in the base year of such Index.
Indirect Charges. In accordance with the general principles of the Recovery Act the Contractor must take the following steps to minimize the impacts of indirect costs and enhance transparency and accountability of project:
Indirect Charges. The United States Department of Education authorizes the California Department of Education (CDE) to establish indirect cost rates for California’s local educational agencies. Contractor’s indirect costs are general management costs consisting of administrative activities necessary for the general operation of the agency, such as accounting, budgeting, payroll preparation, personnel services, purchasing and centralized data processing. The CDE annually calculates, approves, and publishes the indirect cost rate that local educational agencies, such as Contractor, should use as the basis for budgeting and claiming indirect cost reimbursements under contracts. The approved listing of indirect cost rates also indicates in what fiscal year the rates are to be used. Under this Contract, Contractor shall apply the indirect cost rate approved and published by the CDE to claim actual program expenditures.
Indirect Charges. (a) In this paragraph 2.2 “Overhead” means the cost to Operator of salaries, wages, employee benefits, government assessments and all other expenses of all Employees, (other than those covered by paragraph 2.1 hereof) and the cost of maintaining and operating offices, camps and housing facilities that are not JV Property. Notwithstanding that the actual Overhead might be greater or less, Operator shall charge for Overhead as set forth below:
Indirect Charges. Charges for administrative costs that support and are linked to program and/or functional activities and tend to vary with activity level or size, but usually cannot be practically or economically direct charged. The director of an office in the department. The Department of Health unit designated to perform human resources functions. The Office of Financial Management in the office of the governor. Outcomes resulting from processes, services, or work relative to the stated benchmark, objective, or goal. Performance is quantifiable and stated in measureable terms. The Secretary of the Department of Health.
Indirect Charges. The department justifies and notifies the commission of indirect rate charges against the commission budget. The department notifies the commission prior to the start of the new biennium and prior to the new rate adoption.
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