Allowable Deductions definition

Allowable Deductions means the following costs, charges, and expenses incurred or accrued by Payor:
Allowable Deductions. , in relation to a mineral, means —
Allowable Deductions means all costs, charges and expenses paid by the Company for or with respect to processed Products, after such Products are shipped from the Property, including:

Examples of Allowable Deductions in a sentence

  • Allowable Deductions from Your Trade or BusinessEnter the appropriate amount from Massachu- setts Schedule C-2 if you qualify for an excess trade or business deduction.

  • LINE 2 — Total Allowable Deductions: Enter total allowable deductions from Line 2, Form 706.

  • Not all households are eligible for all deductions.Exhibit 4.1 summarizes these deductions by household type.Exhibit 4.1 Allowable Deductions In order to determine which deductions a family is eligible for, PJs must determine what type of household it represents.Types of HouseholdsAs noted in Exhibit 4.1, a household’s eligibility for adjustments to annual income depends in part on whether the household qualifies as an “elderly” household, a “disabled” household, or a “family” (non- elderly) household.

  • As used herein, “Net Smelter Returns” means the Gross Proceeds less Allowable Deductions.

  • If and to the extent the Royalty is paid in kind and does not reflect the Allowable Deductions that are incurred and deductible in calculating the Royalty under this Instrument, then the Royalty Holder shall remit to the Owner the full amount of such Allowable Deductions.


More Definitions of Allowable Deductions

Allowable Deductions means average weekly amounts subtracted from gross income to arrive at net income, and are limited to the following:
Allowable Deductions means, to the extent actually incurred:
Allowable Deductions means the following: (1) volume discounts, and other discounts from the invoice price (or post-invoice credits) unilaterally imposed in the regular course of business by Licensee's customers, so long as Licensee documents such discounts (or credits) to Disney's satisfaction. In the event a documented 4 unilateral discount (or credit) is taken with respect to combined sales of Articles and other products not licensed by Disney, and Licensee cannot document the portion of the discount (or credit) applicable to the Articles, Licensee may apply only a pro rata portion of the discount (or credit) to the Articles. Unilateral discounts or credits are never deductible if they represent items listed below in Subparagraph 1.I.(2). (2) The following are not Allowable Deductions, whether granted on sales invoices or unilaterally imposed as discounts or as post-invoice credits: cash discounts granted as terms of payment; early payment discounts; allowances or discounts relating to advertising; mark down allowances; new store allowances; defective goods allowances or allowances taken by customers in lieu of returning goods; costs incurred in manufacturing, importing, selling or advertising Articles; freight costs incorporated in the selling price; and uncollectible accounts.
Allowable Deductions has that meaning set out in Section 3.
Allowable Deductions for a taxable year means the deductions from federal gross income allowed by federal law in the computation of taxable income of a corporation for the same taxable year, subject to the modifications specified in this Part.
Allowable Deductions means all deductions that would be allowable under this Act if no part of the income of the taxpayer was exempted from tax by the operation of this Division;
Allowable Deductions has the meaning given in clause 1.1 of Schedule 2; Authorised Representative has the meaning given in clause 3(a) of Schedule 4; Business Day means a day that is not a Saturday, Sunday or public holiday in New Zealand or any anniversary day in the region in which the relevant Services are being provided; Capacity Phase has the same meaning as set out in Schedule 8; Commencement Date means the Commencement Date of this Agreement, as set out in the Key Terms;