Actual Direct Costs definition

Actual Direct Costs means separate and distinct from user fees and include actual District expenses that the District would not have otherwise incurred except for the permitted nonschool use of a District facility. By way of example and not by way of limitation, they include such expenses as personnel services and utility costs. Actual direct costs shall not be subject to waiver except as permit- ted under LIMITED WAIVER OF PERSONNEL SERVICES, below.
Sample 1Sample 2
Actual Direct Costs means amounts actually incurred and paid by Contractor for the direct costs of providing the Services. Actual Direct Costs include salaries and fringe benefits for direct labor and materials, supplies, and other costs specifically provided for in the Annual Cost Proposals submitted by Contractor and approved by Director. Actual Direct Costs specifically exclude depreciation, debt-related interest, any deductibles under any fidelity bonds or insurance, any fines or judgments levied against Contractor, and any costs deemed components of the Management Fee, including Contractor’s indirect costs and overhead. Contractor and Commission agree that Generally Accepted Accounting Principles (“GAAP”) shall govern the resolution of any disputes regarding the definition and classification of any cost.
Sample 1
Actual Direct Costs means the actual expenses paid or incurred by Landlord for Operating Costs during any Lease Year of the term thereof.
Sample 1

Examples of Actual Direct Costs in a sentence

  • Business Owner shall provide NURA with itemized reasonably detailed invoices and financial documentation that to NURA’s reasonable satisfaction confirm the Actual Direct Costs of the Improvements.

  • The phrase "Actual Direct Costs" means costs invoiced to Business Owner by the contractor(s), but shall not include taxes or internal Business Owner costs, such as Business Owner staff time or Business Owner travel expenses.

  • Grantee shall provide NURA with itemized reasonably detailed invoices and financial documentation that to NURA’s reasonable satisfaction confirm the Actual Direct Costs of the Improvements.

  • The phrase "Actual Direct Costs" means costs invoiced to Grantee by the contractor(s) which can include sales and use taxes, permits, and project design review fees, but shall not include internal Grantee costs, such as Grantee staff time or Grantee travel expenses.

  • Charges (34 CFR 75.565) 21,626,824 32,701,571 Carry Forward -3,059,985 6,879,893Total Indirect Costs 18,566,839(A) 39,581,464 (A) ============== ==============(b) ACTUAL COSTS: (From FY 2009-2010) Actual Direct Costs 186,265,898Actual Indirect Costs: ==============Admin.

  • From FY 2011-2012) Actual Direct Costs 210,281,504 Actual Indirect Costs: ============== Admin.

  • In this paper we suggest a novel application of the gossip communication model to solve the topology management problem.

  • Recovered: Fixed Rate x Actual Direct Costs 18.1 % x 187,156,3 33,968,880 (E) Should Have Recovered Actual Indirect Costs for FY 2010-2011 35,727,136 (F) Under or (Over) Recovery for use in FY 2012-2013 (F - E) 1,758,256 ============== * Carry Forward will be 0 for rates provided for use in FY 2002-2003 because Carry Forward began in FY 1999-2000, and the 2002-2003 rates are based on 2000-2001 actual data.

  • From FY 2010-2011) Actual Direct Costs 212,606,797 Actual Indirect Costs: ============== Admin.

  • The phrase "Actual Direct Costs" means costs invoiced to Grantee by the contractor(s), but shall not include taxes or internal Grantee costs, such as Grantee staff time or Grantee travel expenses.


More Definitions of Actual Direct Costs

Actual Direct Costs means costs invoiced to Tenant by the designers, architects, general contractors, and/or suppliers of the Improvements (or applicable portions thereof), including, without limitation, “hard” and “soft” costs associated with the Improvements, construction management fees, labor costs, and fixture costs, but shall not include internal Tenant costs, such as Tenant staff time or Tenant travel expenses related to the Improvements.
Sample 1
Actual Direct Costs means amounts actually incurred and paid by Contractor for the direct costs of providing the Services. Actual Direct Costs include salaries and fringe benefits for direct labor and materials, supplies and other costs specifically provided for in the Annual Cost Proposals submitted by Contractor and approved by Director. Actual Direct Costs specifically exclude depreciation, debt-related interest, any deductibles under any fidelity bonds or insurance, any fines or judgments levied against Contractor, and any costs deemed components of the Management Fee, including Contractor's indirect
Sample 1
Actual Direct Costs means costs invoiced to Business Owner by the contractor(s), but shall not include taxes or internal Business Owner costs, such as Business Owner staff time or Business Owner travel expenses.
Sample 1
Actual Direct Costs means costs invoiced to Grantee by the contractor(s), but shall not include taxes or internal Grantee costs, such as Grantee staff time or Grantee travel expenses.
Sample 1
Actual Direct Costs means the actual monetary value paid by the Contractor as evidenced by both invoices and payment receipts or, with respect to depreciation, the actual percentage taken into account in the Contractor’s balance sheets.
Sample 1
Actual Direct Costs means the costs to collect, transport, and recycle a discarded primary battery, including any other actual environmental management costs relating to those actions.
Sample 1

Related to Actual Direct Costs

  • Direct Costs means the sum of the following:

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Hard Costs means all costs and expenses payable for supplies, materials, labor and profit with respect to the Improvements under any Construction Contract.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • FTE Costs means, with respect to a Party for any period, the applicable FTE Rate multiplied by the applicable number of FTEs of such Party performing the applicable activity described hereunder during such period.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Project Revenue means all rents, fees, sales, and payments

  • Qualified Project Costs means Project Costs that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation of the Projects shall be eligible to be a Qualified Project Cost as is so capitalizable and as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the rehabilitation of the Projects shall not be a Qualified Project Cost; and provided still further that if any portion of any of the Projects is being rehabilitated by an Affiliated Party (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket costs incurred by such Affiliated Party in rehabilitating the Projects (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliated Party, and (C) any overhead expenses incurred by the Affiliated Party which are directly attributable to the work performed on the Projects, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation of the Projects or payments received by such Affiliated Party due to early completion of the rehabilitation of the Projects; (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the Inducement Date or the Closing Date, and (iv) if the Project Costs were previously paid and are to be reimbursed with proceeds of the Loan or the Bonds, such costs were (A) costs of issuance of the Issuer Note, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.139-2(f)(2)) with respect to the Projects (such as architectural, engineering and soil testing services) incurred before commencement of the rehabilitation of the Projects that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Projects that are reimbursed no later than eighteen

  • Actual Costs means any costs, direct losses and expenses (including any loss of revenue) reasonably incurred or reasonably expected to be incurred by the Train Operator including those attributable to limb (f) of a Combined Network Category 3 Disruption and any increase in Variable Costs but net of:

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series' assets with respect to the Class for the period involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees' fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series' statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series' "Annual Operating Expenses" for the Class do not include "acquired fund expenses", interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are "extraordinary" as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LLC By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer [R&A Letterhead] September 23, 2010 The Royce Fund 000 Xxxxx Xxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement - Royce International Premier Fund (Service Class) Gentlemen: Reference is made to the Investment Advisory Agreement dated September 23, 2010 (the "Agreement") by and between The Royce Fund (the "Fund") on behalf of Royce International Premier Fund (the "Series") and Royce & Associates, LLC (the "Adviser"). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the period beginning January 1, 2011 and ending April 30, 2014 (the "Period"), and/or agrees to reimburse expenses relating to the Period to the Series with respect to the Class in an amount, if any, necessary so that the Series' "Annual Operating Expenses" for its Service Class of shares (the "Class") are not more than 1.69% of the Class' average net assets for the Period. The Adviser's obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Project Revenues means revenues derived from the service of Project Water to Contractors and others, and from the sale or other disposal of electrical energy generated in connection with operation of Project Facilities.