Allowed Costs definition

Allowed Costs means a questioned cost that the Corporation, in a man- agement decision, has determined to be eligible for payment from a recipient’s Corporation funds.
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Allowed Costs means (i) reasonable attorneys’ fees and reasonable broker’s commissions and reasonable advertising and marketing costs and fees paid by Tenant to attorneys or brokers in connection with such assignment or subletting, plus (ii) any other reasonable out-of-pocket concessions, including the reasonable costs of constructing any tenant improvements (including any demising walls and further including lost rental during the period of such construction (up to a period of 60 days) if no Rent is being collected by Tenant for such period of time), planning allowances, moving allowances and lease takeover payments. Tenant is required to furnish to such assignee or subtenant, plus (iii) in the case of an assignment, all of the Rent, or in the case of a subletting, the proportionate amount of the Rent allocable to the portion of the Term and portion of the Premises (if less than all) covered by such subletting, as reasonably determined by Landlord and Tenant.
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Allowed Costs means Allowed Costs as defined in the Phase P3 Agreement.
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Examples of Allowed Costs in a sentence

  • With the change from a fixed price contract to a target price contract, increased effort is required during review of the Contractor’s invoices to ensure that costs are legitimate and that only Allowed Costs are reimbursed to the Design Build Contractor.

  • If at any time (i) aggregate Project Revenues exceed (ii) aggregate Project Costs plus a return allowance on Project Costs equal to the “return allowance rate” (as defined in the Oil Sands Allowed Costs (Ministerial) Regulation (excluding any amendments made after the date of this Agreement) made under the Mines and Minerals Act (Alberta) plus 2% per annum, the Project shall be considered to be in a “Net Revenue Position”.

  • If Defective Work is discovered by the Contractor and brought to the attention of OPG, the correction costs are Allowed Costs.

  • In the event the Proceeds are paid in installments (e.g., monthly subrent), then the Allowed Costs shall be deducted as they are incurred, and Landlord’s share of the Rent Differential shall be payable at the same time such installment payments are made after Tenant recovers one hundred percent (100%) of the Allowed Costs.

  • Use this “text box” field to describe the reason for using a multiplicative factor other than 1.00 in column m and any additive adjustments entered in columns o and p.MA Worksheet 2 - MA Projected Allowed Costs PMPM ‌ This worksheet calculates the projected allowed costs for the contract year.

  • M-17 Mines and Minerals Administration Regulation (AR 262/1997) Oil Sands Tenure Regulation, 2010 (AR 196/2010) Oil Sands Dispute Resolution Regulation (AR 247/2007) Oil Sands Royalty Regulation, 2009 (AR 223/2008) Oil Sands Allowed Costs (Ministerial) Regulation (AR 231/2008) Bitumen Valuation Methodology (Ministerial) Regulation (AR 232/2008) Petroleum Royalty Regulation, 2009 (AR 222/2008) Oil Sands Conservation Act, RSA 2000, c.

  • The Plan provides that, except for the Professional Fee Claims, Ordinary Course Administrative Expense Claims, and Allowed Costs and Expenses of any party in interest in making a substantial contribution to the Case pursuant to section 503(b)(3) or (b)(4) of the Bankruptcy Code, requests for payment of Administrative Expense Claims must be filed and served in accordance with applicable Rules of the Bankruptcy Court by no later than the Confirmation Date.

  • We used relationships in the 2004 PES Allowed Costs to split the total payroll into the following categories:• Trading• Advertising & Marketing (further split into energy efficiency, communications, Elcom, technical services and special promotions in customer care)• Customers records, service and billing• Revenue collection, and• Contact centre.

  • M-17 (the Act),• the Oil Sands Royalty Regulation, 1997 (AR 185/97) (OSRR’97),• the Oil Sands Royalty Regulation, 2009 (AR 223/2008) (OSRR’09),• the Oil Sands Allowed Costs (Ministerial) Regulation (AR 231/2008) (OSAC) and• the Bitumen Valuation Methodology (Ministerial) Regulation (AR 232/2008) (BVMR).

  • The Contractor will retain a full time third-partyquality assurance manager, as an Allowed Cost.Fault StandardThe costs arising from a stop work order or a Hazardous Condition are now Allowed Costs and there is an adjustment to the Target Cost and Contract Schedule except where the underlying circumstances are attributable to the negligence or wilful misconduct of the Contractor (in which event the costs are Disallowed Costs and there is no adjustment).


More Definitions of Allowed Costs

Allowed Costs means in respect of a Section, the Phase Developer's or Section Developer's documented reasonable internal direct costs and third party direct costs incurred in performing the Predevelopment Work or Section Work for that Section prior to Financial Close of that Section (including any fees incurred with respect to providing the Performance Security or the Development Rights Fee Security) that are permitted as Allowed Costs under Exhibit 15 (Allowed Costs).
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Allowed Costs means (a) reasonable attorneys' fees and reasonable broker's commissions and fees paid by Tenant to nonaffiliated attorneys or brokers in connection with such assignment or subletting, plus (b) the reasonable costs of constructing any tenant improvements Tenant is required to furnish to such assignee or subtenant, plus (c) in the case of an assignment, all of the Gross Rent, or in the case of a subletting, the proportionate amount of the Gross Rent allocable to the portion of the Term and portion of the Premises (if less than all) covered by such subletting, as reasonably determined by Landlord, plus (d) the lesser of (1) the fair market value, as reasonably determined by Landlord, of any of Tenant's trade, fixtures, equipment, furniture, accounts receivable, and/or tangible or intangible personal property sold to such subtenant or assignee in connection with such assignment or subletting or (2) the actual consideration therefor received by Tenant. For purposes of this Lease, the term "Gross Rent" shall mean Minimum
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Allowed Costs means the total of the following: (i) the funds required to repay the loan secured by the Senior Lender’s Deed of Trust described in Section 15 below (except for any late charges, penalties or default interest owed due to Owner’s failure to make payments thereunder); (ii) the funds required to repay any other secured real property loans encumbering the Property that have been expressly approved by DDS (except for any late charges, penalties or default interest owed due to Owner’s failure to make payments thereunder); and (iii) Owner’s documented and reasonable out-of-pocket costs related to the Conveyance (including escrow fees, title fees, attorneys’ fees, brokerage fees, closing costs and other reasonable costs paid to third parties).
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Allowed Costs. – means the costs that regulated Mini-Grids are allowed to recover through regulated tariffs;
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Allowed Costs means the sum of (a) all actual auditable out of pocket third party expenses paid in connection with the operation to mine bitcoin at a given location (the “Project”). “Gross Receipts” means one hundred percent (100%) of all non-refundable revenues actually received by or credited to the Project. Data Room All Documents that are relevant and material to this transaction will be placed in a Data Room that has been established by Creek on Google Drive Closing The closing of this transaction will take place on (__May 28, 2022____). It is noted that May 28,2022 is a Saturday with the following Monday being a bank holiday. The initial payment required hereunder will be wired to the account of Highwire on Tuesday May 31, 2022. Material Adverse Event If between the date of the execution of this Memorandum of Understanding and the Closing of the Transaction there is a Material Adverse Event disclosed through the diligence process or otherwise that makes this transaction impossible or impracticable or less financially beneficial to Creek, Creek may cancel and terminate this transaction without cost or penalty. Obligations Assumed by Creek “Excluded Liabilities” Creek shall not assume or become obligated in any way to payor perform any obligation or to assume any liabilities, debts or obligations of Highwire or any third party claiming through them whatsoever, including, but not limited to, any liabilities or obligations now or hereafter arising from Highwire’s business activities that took place prior to the Closing, or any liabilities arising out of or connected to the liquidation and winding down of Assignor’s business, or otherwise. All liabilities, debts and obligations of Highwire not expressly assumed by Creek hereunder are hereinafter referred to as the “Excluded Liabilities.” No Liens or Liabilities The rights granted hereunder shall pass to Creek on the Closing Date, free and clear of the following: (i) any and all Encumbrances, and (ii) any and all liens, claims and liabilities except as specifically set forth herein.
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Related to Allowed Costs

  • Disallowed costs means those charges determined to be unallowable, in accordance with the applicable Federal statutes, regulations, or the terms and conditions of the Federal award. (2 CFR 200.31 and 45 CFR 75.2)

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Excess Costs means the additional costs, if any, which shall be

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Related Costs means lodging and, if necessary, physical protection for the Covered Person during or while waiting for Transport to the Nearest Place of Safety. Related Costs will include temporary lodging, if necessary, while a Covered Person is waiting to be transported back to the Host Country, Home Country or other country where the Policyholder that sponsored the Covered Person’s Trip is located. Benefits will not be payable for Related Costs unless We (or Our authorized assistance provider) authorize in writing, or by an authorized electronic or telephonic means, all expenses in advance, and services are rendered by Our assistance provider.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Distribution Costs means all costs of: (i) transporting ore or concentrates from a Mine or a concentrating plant to a smelter, refinery or other place of delivery designated by the purchaser and, in the case of concentrates tolled, of transporting the concentrate or metal from a smelter or refinery to the place of delivery designated by the purchaser; (ii) handling, warehousing and insuring the concentrates and metal; and (iii) in the case of concentrates tolled, of smelting and refining, including any penalties thereon or in connection therewith.

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

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

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter’s balance and/or nomination requirements.

  • Direct Costs means the sum of the following:

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Unscheduled Payments With respect to any Distribution Date, all payments and collections received with respect to the Whole Loan or upon foreclosure or liquidation of the Property (net of related foreclosure expenses and Liquidation Expenses) during the related Collection Period including, but not limited to, prepayments due to acceleration of the Whole Loan, Net Liquidation Proceeds, Net Foreclosure Proceeds, Condemnation Proceeds, Insurance Proceeds, voluntary prepayments and other payments and collections on the Trust Loan or Whole Loan, as applicable, not scheduled to be received, other than Monthly Payments or any Balloon Payment.

  • Unpaid Charges means any charges billed to the Non-Paying Party that the Non-Paying Party did not render full payment to the Billing Party by the Bill Due Date, including where funds were not accessible.

  • 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.

  • Qualified Costs means an electric utility's regulatory assets as determined by the commission, adjusted by the applicable portion of related investment tax credits, plus any costs that the commission determines that the electric utility would be unlikely to collect in a competitive market, including, but not limited to, retail open access implementation costs and the costs of a commission approved restructuring, buyout or buy-down of a power purchase contract, together with the costs of issuing, supporting, and servicing securitization bonds and any costs of retiring and refunding the electric utility's existing debt and equity securities in connection with the issuance of securitization bonds. Qualified costs include taxes related to the recovery of securitization charges.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Increased Costs means: (A) a reduction in the rate of return from the Facility or on a Finance Party’s (or its Affiliate’s) overall capital; (B) an additional or increased cost; or (C) a reduction of any amount due and payable under any Finance Document, which is incurred or suffered by a Finance Party or any of its Affiliates to the extent that it is attributable to that Finance Party having entered into its Commitment or funding or performing its obligations under any Finance Document.

  • Excess Collections shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Sales Costs means all costs, direct and indirect, associated with a foreclosure sale by the City, including but not limited to: county recording fees, title reports or other means of identifying persons with interest in the property, title insurance, service and notification, publication and advertising, posting, sale, and staff salaries, including benefits and overhead.

  • 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.

  • Uncompensated Interest Shortfall With respect to a Loan Group, for any Distribution Date, the sum of (i) the aggregate Relief Act Shortfall for such Distribution Date with respect to the Mortgage Loans in such Loan Group, (ii) aggregate Curtailment Shortfall for such Distribution Date with respect to the Mortgage Loans in such Loan Group and (iii) the excess, if any, of (a) aggregate Uncollected Interest for such Distribution Date with respect to the Mortgage Loans in such Loan Group over (b) Compensating Interest for such Distribution Date with respect to the Mortgage Loans in such Loan Group. Uncompensated Interest Shortfall for Loan Group I shall be allocated to the Group I-L Regular Interests and the portions of the Group C-B-L Regular Interests that derive their Interest Distribution Amounts from the Group I Loans, pro rata according to the amount of interest accrued but unpaid on each such Class or portion thereof, in reduction thereof. Uncompensated Interest Shortfall for Loan Group II shall be allocated to the Group II-L Regular Interests and the portions of the Group C-B-L Regular Interests that derive their Interest Distribution Amounts from the Group II Loans, pro rata according to the amount of interest accrued but unpaid on each such Class or portion thereof, in reduction thereof. Uncompensated Interest Shortfall for Loan Group I shall be allocated to the Class I-X-M, Class C-Y-1 and Class C-Z-1 Regular Interests, pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof. Uncompensated Interest Shortfall for Loan Group II shall be allocated to the Class II-X-M, Class C-Y-2 and Class C-Z-2 Regular Interests, pro rata according to the amount of interest accrued but unpaid on each such Class, in reduction thereof.