Allocated Overhead definition

Allocated Overhead means recoverable general administrative, corporate, or other support costs which are allocated to ITC in accordance with the Uniform System of Accounts for Public Utilities.
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Allocated Overhead means the amount of overhead, including general and administrative costs, determined in accordance with generally accepted accounting principles, incurred by OSI and allocated to the Sponsored Research Program in the same proportion that the total man-hours of work performed in the Sponsored Research Program bears to the total man-hours of work performed in all OSI research programs, or such other customary allocation basis that may be agreed in writing between the parties.
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Allocated Overhead means, with respect to any Corporate Service, the portion of the aggregate overhead expenses (including costs associated with office space, connectivity, licenses, setup, utilities and maintenance) attributable to any Pernix Employee involved in providing such Corporate Service in accordance with the internal budgeting practices of Pernix or its Subsidiaries, to the extent related to the provision of such Corporate Service to the Company, allocated based on the actual time spent by such Pernix Employee in performing such Corporate Services as evidenced by the contemporaneous written time sheets completed in good faith by such Pernix Employees and maintained by Pernix (subject to Section 2.01(a) and (b) in the case of Company Officers to which the Parties have agreed on a deemed allocation of time dedicated to Corporate Services), but in all cases shall exclude any overhead expenses related to under-utilized capacity.
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Examples of Allocated Overhead in a sentence

  • If its request is successful, PSEG would avoid post-shutdown SNF management and other decommissioning costs while continuing to bear Allocated Overhead Costs.

  • If so, and the money is not used to for paying back CFFP debt or for developing or modernizing an existing ACC structure, verify that no fee revenue was reported under the COCC and all indirect costs were reported as Allocated Overhead in FDS line 91810.

  • In this case, the PHA should report indirect costs as Allocated Overhead (FDS line 91810) under its projects and programs.However, a PHA could report fee revenue under its COCC under either of the following circumstances.

  • This asset management type is available for use by PHAs using the Allocated Overhead method of reporting and the Alternate Asset Management method of reporting.

  • In addition, this category includes operating expenses such as office rent, telephone, computer materials and contracts, postage and supplies for all programs.• Management Fees expense includes fees for HABC’s Privately Managed Sites by outside management firms and fees to BRHP for the Mobility counseling program.• Allocated Overhead is calculated based on HUD’s approved Local Asset Management Program since FY 2010.

  • This review would provide a necessary safeguard for Cal Am ratepayers, which does not currently exist under theSettlement Agreement, wherein certain costs10 flow unencumbered through to the price 10 Operations and Maintenance Costs, Public Agencies’ Allocated Overhead and Administrative Costs, Legal Expenses, and all other “Regional Desalination Project Related Expenses” are pre-determined to be “reasonable and prudent” and not subject to Commission review.of water paid by Cal Am customers.

  • PHAs that implement the Allocated Overhead reporting method may not use this asset management type.

  • This increase was attributable to the following factors, by percentage: Category Allocation ofIncrease in Costof Revenues (%)Raw Materials 103.6%Other Allocated Overhead (depreciation, utilities, freight, equipment consumables) 2.6%Wages -6.2% Raw material costs increased to $145,460,250, or approximately 13.8%, in 2012 from $127,798,200 in 2011, primarily reflecting our increase operation and sales.

  • Also included in this expense category are office supplies, telephone, postage, and other computer materials and contracts.2. Allocated Overhead is calculated based on HUD’s approved Local Asset Management Program since FY 2010.

  • In addition, this category also includes operating expenses such as office rent, telephone, computer materials and contracts, postage and supplies for all programs.2. Management Fees expense includes fees for HABC’s Privately Managed Sites by outside management firms.3. Allocated Overhead is calculated based on HUD’s approved Local Asset Management Program since FY 2010.


More Definitions of Allocated Overhead

Allocated Overhead means the amount of overhead, including general and administrative costs, determined in accordance with generally accepted accounting principles, incurred by OSI and allocated to the Research Programs in the same proportion that the total person-hours of work performed by OSI employees in the Research Programs bears to the total person-hours of work performed by OSI employees in all OSI research programs, or such other customary allocation basis or overhead recovery basis that may be agreed in writing between the parties.
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Allocated Overhead means departmental or functional costs incurred by a Party which include facility support costs, information systems, human resources, accounting and finance which are reasonably allocated to other company departments based on allocation methods (i.e. space occupied and/or headcount) or other activity-based method consistently applied by a Party in accordance with generally accepted accounting principles in the U.S. or a standard rate as agreed to by both Parties. Allocated Overhead shall not include any costs attributable to the following corporate activities: executive management (e.g., president & CEO), investor relations, business development or corporate legal affairs
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Allocated Overhead means, for any period, the fees payable (without regard to the Borrower's right to defer or limit actual payment) to the General Partner to compensate the General Partner for that portion of its general overhead and administrative expenses, including all of its direct and indirect expenses, allocable to the operation of the Borrower's business, including, but not limited to, home office rent, supplies, telephone, travel and copying charges, and salaries of full and part-time employees.
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Allocated Overhead for CSHL means its indirect cost allocated to the Research Program, which allocated indirect cost shall be ** for each dollar of allowable direct cost; and for Helicon and OSI means the amount of overhead, including general and administrative costs, determined in accordance with Generally Accepted Accounting Principles, incurred by Helicon and OSI and allocated to the Research Program. Such allocation by Helicon, OSI and CSHL, as the case may be, shall be in the same -------------------- ** This portion has been redacted pursuant to a request for confidential treatment.
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Allocated Overhead means the amount of overhead, including general and administrative costs, determined in accordance with generally accepted accounting principles, incurred by OSI or MRC CC, as the case may be, and allocated to the Research Program in the same proportion that the total man-hours of work performed in the Research Program bears to the total man-hours of work performed in all OSI or MRC CC, as the case may be, research programs, or
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Allocated Overhead means the amount of overhead, including general and administrative costs, determined in accordance with generally accepted accounting principles, incurred by CSHL and allocated to the Research Program. Such allocation by CSHL shall be at its normal indirect cost reimbursement rate, which is a percentage of allowable direct cost and which is currently ** for each dollar ($1.00) of allowable direct cost. --------------- ** This portion has been redacted pursuant to a request for confidential treatment.
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Related to Allocated Overhead

  • Allocable Overhead means, at any time with respect to each Qualifying Project, an amount equal to (1) the amount of corporate or other organizational overhead expenses of, and actually incurred by, Wynn Resorts and its Subsidiaries calculated in good faith on a consolidated basis, after the elimination of intercompany transactions, in accordance with GAAP, divided by (2) the number of Qualifying Projects. However, amounts allocated to any Qualifying Project shall be prorated based on the period within such period that such Qualifying Project was in operation or financing therefor was obtained. With respect to any amounts payable pursuant to any agreements entered into by and among Wynn Resorts, any of its Subsidiaries and/or any of their respective Affiliates, any payment in respect of Allocable Overhead shall not include any fee, profit or similar component and shall represent only the payment or reimbursement of actual costs and expenses.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

  • Profits and Losses means, for each Fiscal Year or other period, an amount equal to the Company's taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss, or deduction required to be stated separately pursuant to Code Section 703(a)(l) shall be included in taxable income or loss), with the following adjustments:

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Controllable Operating Expenses means all Operating Expenses except real property taxes, all forms of insurance, utility expenses, costs of services provided under a union contract, payments under CC&R’s or to an owners’ association and costs associated with repairs due to casualty, vandalism or other source outside of Landlord’s reasonable control.

  • Unallocated Basis means that the Person in whose name Gold is so held is entitled to receive delivery of Gold standing to the credit of that Person’s account, but that Person has no ownership interest in any particular Gold that the custodian maintaining that account owns or holds.

  • Allocation shall have the meaning set forth in Section 2.7.

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”

  • Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.

  • Nonrecourse Built-in Gain means with respect to any Contributed Properties or Adjusted Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of any taxable gain that would be allocated to the Partners pursuant to Section 6.2(b) if such properties were disposed of in a taxable transaction in full satisfaction of such liabilities and for no other consideration.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Controllable Expenses means all expenses, other than Uncontrollable Expenses, incurred by the Company or any Subsidiary of the Company with respect to the Property.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property or Property which secures Other Recourse Debt that are the responsibility of the Borrower or the applicable Material Subsidiary that are not paid directly by any Tenant, but excluding depreciation, amortization, interest costs and maintenance capital expenditures.

  • Proportionate Interest has the meaning specified in Section 2.5(d);