Accrued Costs definition

Accrued Costs means any Labor Costs, Out-of-Pocket Costs or Taxes payable to Consultant pursuant hereto which have not been paid by Client.
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Accrued Costs means, with respect to any Distribution Date, the sum of (i) the Class A Monthly Interest for such Distribution Date, plus (ii) the Class A Additional Amounts, if any, for such Distribution Date.
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Accrued Costs means, on any day, the sum of the following: unpaid Yield and Fees accrued in respect of the Advances assuming each Advance has borne interest at the Alternative Rate during the period from the prior Distribution Date to such date; Yield and Fees in respect of the Advances estimated to accrue for the period from such date to the succeeding Distribution Date assuming (A) that the aggregate outstanding principal amount of the Advances during each day of such period will equal *** of the aggregate outstanding principal amount of the Advances on such day and (B) that each Advance will bear interest during such period at the Alternate Rate; and provided that the *** percentages used in clause (b) above shall be 100% if no Level Two Trigger Event shall have occurred and be continuing and the Servicer is delivering to the Collateral Agent and the Administrative Agent daily reports on Collections, Delinquent Receivables, Defaulted Receivables, the Aggregate Outstanding Principal Balance, the Borrowing Base and such other information as the Administrative Agent may reasonably request.
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Examples of Accrued Costs in a sentence

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account may be invested in Permitted Investments, provided that such Permitted Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 5(b).

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account of the Collection Account may be invested in Permitted Investments, provided that such Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 5(b).

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account of the Collection Account may be invested in Permitted Investments, provided that such Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 4(b).

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account may be invested in Permitted Investments, provided that such Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 4(b).

  • Contractor shall pay from the Red Oak Payment Account all Allowable Costs payable pursuant to this Agreement, including any Out-of-Pocket Costs, Labor Costs or Accrued Costs payable to Contractor or its affiliates, as and when earned or payable, provided however that such payments shall comply with other applicable terms of this Agreement.

  • Any amounts paid by Contractor as shown on the Bi-Weekly Project Statement which were not included in the Bi-Weekly Project Estimate for such period but that were reasonable and appropriate to be paid pursuant hereto, shall be deemed Accrued Costs and included in the following Bi-Weekly Project Estimate.


More Definitions of Accrued Costs

Accrued Costs has the same meaning set forth in Section 5.2.5 hereof.
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Related to Accrued Costs

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Accrued Obligations means (i) all accrued but unpaid Base Salary through the date of termination of Executive’s employment, (ii) any unpaid or unreimbursed expenses incurred in accordance with Section 7 hereof, and (iii) any benefits provided under the Company’s employee benefit plans upon a termination of employment, in accordance with the terms contained therein.