Start-Up Expenses Sample Clauses

Start-Up Expenses. If the book value of the insured investment of a new foreign enterprise in the development stage is less than the insured amount originally contributed, the accumulated loss will be disregarded if (a) the foreign enterprise is newly formed for the principal purpose of undertaking the project. (b) the foreign enterprise is a going concern as of the date the expropriatory effect commences. (c) that date is within three years of the date this contract is issued, and (d) it is clear that no adjustment to book value is necessary by reason of obsolescence or permanent reduction in recoverable values of productive facilities or assets.
AutoNDA by SimpleDocs
Start-Up Expenses. Upon approval of the Board of Directors, the ----------------- Company shall reimburse PeoplePC and @viso for reasonable start-up expenses incurred by PeoplePC and @viso on behalf of the Company; provided, however, that such reimbursable expenses shall include only third party expenses and not management time.
Start-Up Expenses. In addition to the Service Fees, Alliance shall reimburse Equitable for all non-recurring costs and expenses incurred by Equitable in connection with the establishment and commencement of Services pursuant to this Agreement, excluding any such costs and expenses that are attributable to any personnel, management or employee salaries or benefits. Such start-up costs and expenses are currently estimated to be $550,000 and shall include, without limitation, the following: consulting services, vendor professional services, one time software and hardware rental and telecommunication costs and other related out-of-pocket expenses. Alliance shall reimburse Equitable for such amounts either on, or before May 1, 2001 subject to Equitable’s reasonable accounting for same including the delivery to Alliance of receipts in connection therewith.
Start-Up Expenses. The expenses of organizing the Safe and Successful JPA and the Nonprofit Organization shall be divided equally between the City and LPS and may be reimbursed by the Safe and Successful JPA in the 2018-19 fiscal year.
Start-Up Expenses. 7.1 Each Party shall bear its own legal, accounting and other fees and expenses related to initiating the Joint Venture. Whether or not the Agreement shall be consummated, the Parties will share on a 50/50 basis the charges of the Republic of Liberia in relation to the formation of the Company.
Start-Up Expenses. The Interlocal Board may authorize payment of expenses of organizing the Nonprofit Organization.
Start-Up Expenses. Expenses incurred by KXXXXX + NXXXX in preparation of the start-up date or in connection with the commencement of services shall be considered as “Start-Up Expenses”. Start-Up Expenses shall include, without limitation: product handling equipment, racking, dedicated staffing acquisition costs, costs of compliance with Legal Requirements which apply to the Services as they relate to Customer’s specific products or operations (as opposed to general commodities or generic warehouse operations). Additional detail regarding Start-Up Expenses is shown in Exhibit C to this Agreement. Customer shall not be obligated to pay Start-Up Expenses in excess of those specified in Exhibit C unless it has consented to such increase(s) or additional expenses in writing. Unless otherwise agreed in writing, Start Up Expenses are payable within fifteen (15) days of KXXXXX + NAGEL’s invoice.
AutoNDA by SimpleDocs
Start-Up Expenses. Alliance shall cause PricelineMortgage to reimburse each of Alliance and Priceline for all Start-up Expenses;
Start-Up Expenses. From time to time prior to the Commencement Date, the Manager agrees to provide to the Tribe for use in the Enterprise an amount to be agreed upon by the Tribe and the Manager on or before the execution of the Compact for necessary Start-Up Expenses.
Start-Up Expenses. Download and complete the Start-Up Expenses template. In working on this Business Plan, you should already have gathered most, if not all, of the information you need. In the body of this section, be sure to explain all of the assumptions behind the figures. How did you come up with these expenses? If you’ve secured or expect to secure loans, explain the source/s, amount/s and terms. If you’ve secured or expect to secure investors, explain how much each investor will contribute and what percentage of ownership each receives in return. Be sure to include extra capital for unexpected expenses. Opening a new business almost always ends up costing more than expected, and you need to be prepared. List this figure in the Start-Up Expenses template under “Reserve for Contingencies.” How much should you set aside for contingencies? You can talk to other business owners in your industry to get a ballpark figure. If you can’t come up with a figure this way, a good rule of thumb is to set aside 20% to 25% of your total startup costs for contingencies.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!