Administrative and Overhead Expenses definition

Administrative and Overhead Expenses means operating expenses such as rent, overhead, administration, payroll and accounting, supervision of employees other than where supervision is incidental to management of the Project, insurance, office supplies, printing, mailing, utilities, membership dues, subscriptions, or accounting activities, but does not include such expenses included in Eligible Contractor/Professional Expenses where incorporated into hourly rates or management fees;
Administrative and Overhead Expenses means operating expenses such as rent, overhead, administration, payroll and accounting, supervision of employees other than where supervision is incidental to management of the Project, insurance, office supplies, printing, mailing, utilities, membership dues, subscriptions, or accounting activities, but does not include such expenses included in Eligible Contractor/Professional Expenses where incorporated into hourly rates or management fees; “Affiliates” includes an affiliate as defined in section 2 of the Business Corporations Act, S.B.C. 2002, c. 57 or any partner of the Recipient or party to a joint venture agreement related to the Project or the Project Facility;
Administrative and Overhead Expenses means indirect costs or the necessary business expenses, including costs incurred for common or joint objectives that cannot be readily identified with activities carried out in support of a particular final objective and purchases in accordance with the Procurement section of this Agreement, to maintain an organization’s operations such as rent and utilities, insurance, legal, and accounting costs not specific to an individual department directly related to the production of goods or services.

Examples of Administrative and Overhead Expenses in a sentence

  • The Partnership shall reimburse the General Partner for Administrative and Overhead Expenses incurred by him on behalf of the Partnership.

  • Snyder states that over time, “these groups and government elites often internalize their own rhetoric.”100 As a result, both groups, the imperialist partners and the senior officials, find themselves trapped in this rhetoric.

  • Direct Expenses (Rate) $ 765,133 Total Direct Expenses $ 765,133 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Colorado Service Coordination is billed at a $43.75 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Number of shares of common stock of the registrant: 1,521,423 outstanding as of October 30, 1997 This Form 10-Q contains 12 pages.

  • Direct Expenses $1,219,062 Total Direct Expenses $1,219,062 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Children’s Clinical is billed based on the rates below for Denver residents, up to the budget maximum: • $75 per EI Colorado child receiving intervention services during the month • $95 per EI Colorado child receiving assessment services during the month An administrative and overhead rate is applied up to the budget maximum to these rates.

  • Direct Expenses (Rate) $4,800,000 Total Direct Expenses $4,800,000 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Client Assistance is billed based on RMHS’ actual direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Direct Expenses (Rate) $ 914,982 Total Direct Expenses $ 914,982 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Denver Service Coordination is billed at a $193.00 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Direct Expenses $2,000,000 Total Direct Expenses $2,000,000 Administrative and Overhead Expenses as Percent of Total 15.0% Note: EI Denver Children’s Clinical is billed based on fee-for-services rates according to the equivalent EI Colorado rates for the same service for Denver residents, up to the budget maximum.

  • During the Initial Term, the City shall pay and the Contractor shall accept, a sum not to exceed Twenty Million Dollars ($20,000,000.00) as the sole compensation for all Services provided, Administrative and Overhead Expenses incurred, and performance measures achieved in accordance with the budget categories contained in Exhibit A.

  • Employee Salaries $ 485,055 Temp/Contract Salaries $ 0 Fringe (24.5%) $ 118,838 Additional Worker’s Comp (3%) $ 0 Travel $ 5,000 Professional Services $ 0 Other Direct Expenses $ 40,600 Total Direct Expenses $ 649,493 Administrative and Overhead Expenses asPercent of Total 15.0% Note: RMHS Initiatives are billed based on RMHS’ actual direct costs to which an administrative and overhead rate is applied up to the budget maximum.

Related to Administrative and Overhead Expenses

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • Lenders’ Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses, as well as appraisal fees, fees incurred on account of lien searches, inspection fees, and filing fees) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred by Collateral Agent and/or the Lenders in connection with the Loan Documents.

  • Lender Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred with respect to Borrower.

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Administrative Expenses means (i) all administrative and operating costs and expenses incurred by the Partnership, (ii) those administrative costs and expenses of the General Partner, including any salaries or other payments to directors, officers or employees of the General Partner, and any accounting and legal expenses of the General Partner, which expenses, the Partners have agreed, are expenses of the Partnership and not the General Partner, and (iii) to the extent not included in clause (ii) above, REIT Expenses; provided, however, that Administrative Expenses shall not include any administrative costs and expenses incurred by the General Partner that are attributable to Properties or partnership interests in a Subsidiary Partnership that are owned by the General Partner directly.

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Management Expenses means expenses, costs and charges necessarily and reasonably incurred in the management of the Development provided in this Deed which, except for the purpose of Clause 4.3 of Section IV of this Deed, shall include the Manager’s Remuneration;

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

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender:

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • Allocable Overhead means costs incurred by a Party or for its account that are attributable to a Party’s facilities and occupancy costs, corporate bonus (to the extent not charged directly to a department), and its supervisory, payroll, information systems, human relations and purchasing functions and that are allocated to company departments based on space occupied or headcount or other activity-based method. Allocable Overhead shall not include any costs attributable to general corporate activities, including, by way of example, executive management, investor relations, business development, legal affairs and finance.

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Administrative Fee is defined in Section 4.1(a).

  • 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.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Administrative Agent’s Fee shall have the meaning specified in Section 10.9 [Administrative Agent’s Fee].

  • Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.