Allocated Cost definition
Allocated Cost has the meaning set forth in Section 5.2.
Allocated Cost means the fully allocated cost for providing Services calculated in a manner consistent with past practice, including the following (to the extent allocable to the provision of the Services): (a) the cost of licenses for software or other intellectual property (or other cost associated with obtaining rights to use software or intellectual property), including any termination, transfer, sublicensing, access, upgrade or conversion fees, (b) the cost of maintenance and support, including user support, (c) the fully loaded cost of personnel, (d) the cost of equipment, (e) the cost of disaster recovery services and backup services, (f) the cost of facilities and space, (g) the cost of supplies (including consumables), (h) the cost of utilities (HVAC, electricity, gas, etc.), (i) the cost of networking and connectivity, (j) the cost of legal fees associated with any advice, activities or agreements related to the foregoing areas, (k) any reasonable out-of-pocket expenses incurred by Supplier with third parties (including Contractors) in connection with the provision of Services (including one-time set-up costs, license fees, costs to enter into third party agreements, costs to exit third party agreements, termination fees, and other costs incurred in connection with Contractors engaged in compliance with this Agreement), and (l) the cost of personnel retained, displaced or transferred (excluding severance costs for Supplier employees). Travel expenses must be reasonable and incurred in accordance with Supplier’s normal travel policy. Overhead allocations must be calculated consistently with Supplier’s practice as then generally used by Supplier in its applicable, respective geographic business. Allocated Costs will be subject to a ▇▇▇▇ up of five percent (the “▇▇▇▇-Up”), except for (i) materials and services provided by third parties, (ii) fees charged by third parties, and (iii) out-of-pocket expenses paid to third parties.
Allocated Cost means the cost to provide a good and/or service that is calculated by first determining the total cost to provide a good or service, and then assigning to either the affiliated entity (or the utility) a portion of the total costs based upon the affiliated entity’s (or the utility’s) proportional share of the good or service provided. Allocated cost should be determined according to the procedures outlined by each utility in Section II-B of [its annual report] and should include applicable overhead and direct use of utility assets.
Examples of Allocated Cost in a sentence
Supplier will charge Buyer the Allocated Cost for the Services provided hereunder.
Supplier will provide Buyer with monthly invoices reflecting: (i) the Services provided during the preceding month, (ii) the Allocated Cost owed for such Services provided during the preceding month, and (iii) any other charges incurred during the preceding month under the terms of this Agreement.
Benefits Administration · Employee and Contractor On-boarding · Employee Engagement · HR Administration · HR Strategy and Consulting · HRIS Administration and Reporting · Performance Management Platforms · Personnel Files · Recruiting · Salary Administration · Training and Compliance Support 24 Fully Allocated Cost of providing services.
Any additional costs incurred by Supplier as a result of changes to the Services, including pursuant to the change management process with any Contractor, will be separately reimbursed by Buyer on an Allocated Cost plus ▇▇▇▇-Up basis per the Agreement.
Any costs incurred by Supplier or its Contractors in connection with assisting Buyer in establishing an exit plan as contemplated in Section 2.4 or in transitioning Services to a new provider will be separately reimbursed by Buyer on an Allocated Cost basis per the Agreement.
More Definitions of Allocated Cost
Allocated Cost has the meaning set forth in Section 2.6 of this Agreement.
Allocated Cost for the Support Items, means Chicopee’s out-of-pocket costs incurred to provide such Support Items during a particular period, and shall include an allocated portion of the cost, if any, of (1) continuing access rights, (2) maintaining licenses and permits, (3) supplies, (4) third-party services, (5) utilities and (6) an allocable share of Chicopee’s overhead or administrative costs related thereto. All Allocated Costs shall be determined in accordance with GAAP and in a manner consistent with Chicopee’s past practices.
Allocated Cost has the meaning set forth in Schedule 2.
Allocated Cost means those direct actual costs incurred by Pinnacle and/or its Affiliates in providing a Transitional Service to Buyer, including (i) the cost of employees of Pinnacle or its Affiliates who provide such Transitional Service, excluding Pinnacle’s Transition Manager and the Dedicated Employees (as defined below), based upon the Inside Labor Rate and time spent by such employees providing such Transitional Service, (ii) for the Dedicated Employees, all compensation paid to such Dedicated Employees, including benefits and Pinnacle’s matching tax obligations, (iii) reasonable and actual travel, lodging (including lodging expenses incurred for stays at the L’Auberge Casino Resort) and meal expenses directly related to the provision of such Transitional Service and (iv) costs incurred to third parties for services, software development, equipment, supplies or materials necessary for the provision of such Transitional Service; provided, that none of the foregoing shall include any ▇▇▇▇-up.
Allocated Cost shall have the meaning set forth in Section 5.06.
Allocated Cost means a Party’s required capital investment in exchange for a perpetual interest in a specific project or infrastructure or to receive a specific service or benefit, as set forth in this Amended and Restated Agreement.
Allocated Cost with respect to any item of Ballpark Property means the cost of such item of Ballpark Property, including without limitation, the cost of purchasing, designing, engineering, fabricating, transporting, constructing, installing, commissioning and testing such Ballpark Property or any other soft cost, that is properly allocated to such item of Ballpark Property in accordance with good accounting practices or good income tax practices.