Management Costs Sample Clauses
The Management Costs clause defines how expenses related to the administration and oversight of a project or service are handled. It typically outlines which party is responsible for paying these costs, what types of expenses are included (such as salaries of management staff, office overhead, or administrative fees), and how these costs are calculated or reimbursed. By clearly specifying the treatment of management-related expenses, this clause helps prevent disputes over cost allocation and ensures transparency in financial responsibilities between the parties.
Management Costs. Payment of Franchise Fees to the City of San ▇▇▇▇▇▇.
Management Costs. The Commission shall be authorised to deduct a sum of 2.75% of the amounts contributed by the European Union to the Trust Fund and 5% of the amounts contributed by other donors to cover its management costs, in accordance with Article 187(7) of the Financial Regulation, applicable by virtue of Article 42 of the Financial Regulation of the 11th EDF. The Commission shall present a detailed administrative budget document to the Trust Fund Board every year. This document should set out the budget ceilings for the overall Trust Fund for the year ahead and the proposed indicative allocations for each of the windows. The document should also include indicative budgets for future years and reports on outturns for previous years.
Management Costs. All management costs are included in the fee established in Item #6 of Attachment B. Costs to be billed to USER.
Management Costs. 12 5.2 Payment ............................................ 12 5.3
Management Costs. Management costs under Section 324 of the ▇▇▇▇▇▇▇▇ Act (codified as amended at 42 U.S.C. § 5165b) are not authorized for the FMAG Program.
Management Costs. Each Contractor undertakes reasonable endeavours not exceed the ceiling of its management costs, according to the Project Share. Duly justified exemptions concerning audit costs should be agreed by the Management Board. Banking and transaction costs related to the payments made by the Commission shall be borne by the Co-ordinator, while banking and transaction costs related to the handling of any financial resources shall be born by each Contractor.
Management Costs. The LESSOR shall receive the following costs during the entire period of the property-lease contract: - management of litigation associated with construction or a disaster: 15,000 francs, without taxes - collection and management of a subsidy or an outside loan: 20,000 francs, without taxes - management of fees and taxes: 1,000 francs, without taxes (annually) - request that generates research, providing a certificate, etc.: 350 francs, without taxes - cost of reminders on unpaid amounts: 350 francs, without taxes - exercise of anticipated option: 10,000 francs, without taxes - cost of termination of contract: 30,000 francs, without taxes - modification of the request of the LESSEE involving establishment of an advance: 10,000 francs, without taxes These costs shall be indexed according the variation of the national index of construction costs established by the National Institute of Statistics and Economic Research on the basis of 100 for the 4th quarter of 1953; the reference index taken into consideration is that of the 2nd quarter of 1997, or 1060. The index of comparison serving for the calculation of costs shall be the index before invoicing; in any case, the comparison index cannot be less than the reference index indicated above. These amounts, as well as all others dues from the present contract, shall be withdrawn directly by the LESSOR from the bank account of the LESSOR.
Management Costs. The management of the Partnership will be under the control of its General Partner. The General Partner shall be reimbursed for its reasonable out-of-pocket expenses incurred on behalf of the Partnership in connection with its duties as the General Partner. The Hospital will be managed by the General Partner or an Affiliate pursuant to a Management Agreement with the Partnership in the form attached hereto as Exhibit 7.2 (the “Management Agreement”). For managing the Hospital, Continental will receive a fee as set forth in the Management Agreement. Also, the Partnership will reimburse the General Partner for specific costs incurred by the Hospital which are paid by the General Partner or an Affiliate to independent third parties.
Management Costs. If Investor engages an Affiliate, or any other Person that is not owned or controlled by Government or by Persons resident and licensed to do business in Liberia, to render or furnish to or for Investor any management services or management assistance with respect to Production that is of a type that an efficient rubber farming company engaged in the production and marketing of Rubber Products would ordinarily provide for itself, Investor shall pay for such management services or assistance only on an Arm’s-Length basis at market rates or such rates as generally acceptable in rubber industry. Management Fees (as defined below) incurred by Investor shall only be deductible in determining Investor’s taxable income for any taxable year to the extent permitted under applicable Law. As used in this Section 9.5, “Management Fees” means amounts paid or incurred to an Affiliate for the provision of corporate management services (including allocations of executive time), which services include all other services (including human resources, engineering, finance, procurement, information technology, business development, legal, accounting, technical, research and development, and project management/oversight services) rendered by such parent entities or any other Affiliates.
Management Costs. 10.1 The employment of managing agents, contractors, surveyors, valuers, architects, engineers accountants, solicitors and other professional persons in connection with the management and/or maintenance of the Centre and the payment of all proper fees, charges, salaries, expenses and commissions payable to them including the payment of the fees and expenses incurred by the Landlord in preparing accounts of the Expenditure for each Financial Year and having such accounts certified by the Accountant in accordance with clause 7
10.2 The payment of a proper management charge in respect of the provision of Services for the Centre during each Financial Year
10.3 The payment of all proper costs and expenses including bank charges interest and VAT incurred by the Landlord incidental to the provision of services for the Centre