Applicable Expenses definition

Applicable Expenses means, with respect to any Triggering Event all reasonable and documented out-of-pocket expenses incurred by Softbank (or by any other Person to the extent Softbank is obligated to pay such expenses or reimburse any Person with respect thereto) in connection with, relating to or as a result of such Triggering Event, including, without limitation, all fees and expenses of accountants, attorneys, financial advisors, and finders, any obligations for indemnification or contribution payable by Softbank in connection with a Triggering Event, and any amount payable in respect of Taxes arising as a result of such Triggering Event to the extent attributable to the OptiMark Value for such Triggering Event (excluding any portion of such Taxes attributable to the OII Value); provided, however, that any inclusion in Applicable Expenses of Taxes in connection with a Triggering Event shall be offset by any Tax benefit actually received or to be received by Softbank as a result of the payments made or to be made by Softbank to DFJE under this Agreement on account of such Triggering Event, taking into account, in the calculation of such Tax benefit, the time value of money using a discount rate of 5% per annum.
Sample 1
Applicable Expenses any expense, including, without limitation, reasonable attorneys’ fees, retainers, court costs, transcript costs, fees and expenses of experts, including, without limitation, accountants and other advisors, travel expenses, duplicating costs, postage, delivery service fees, filing fees, and all other disbursements or expenses reasonably paid or incurred in connection with investigating, defending, being a witness in, or participating in (including, without limitation, on appeal), or preparing for any of the foregoing in, any Proceeding relating to an Indemnifiable Event, and any such expenses reasonably paid or incurred in establishing a right to indemnification under Sections 2, 4 or 5 of this Agreement. Board: the Board of Directors of the Company.
Sample 1
Applicable Expenses means, with respect to any Triggering Event all reasonable and documented out-of-pocket expenses incurred by Softbank (or by any other Person to the extent Softbank is obligated to pay such expenses or reimburse any Person with respect thereto) in connection with,
Sample 1

Examples of Applicable Expenses in a sentence

  • The estimated amount of the Applicable Expenses (the “Estimated Amount”) and the aggregate amount of Promissory Notes resulting thereof shall be prepared in good faith by the Company in reasonable detail and delivered to the Buyer, as part of the Funds Flow, at least one (1) Business Day prior to the Closing Date.

  • Official boats will be identified as follows:Race committee boats White flag with RCJury boats… White flag with JURYTechnical Committee White flag with MRescue / Medical.

  • Petitioner disputes this result by relying on 19 RCNY §3- 03(c)(9), which provides directives for computing Applicable Expenses where a taxpayer has both eligible and ineligible gross income.20 Petitioner claims that 19 RCNY §3-03(c)(9) indicates that where an IBF has no ineligible gross income, all expenses of an IBF are to be apportioned to eligible gross income and thus treated as Applicable Expenses.

  • In the case of a Triggering Event that is a Merger, OptiMark Value shall equal (i) the net Fair Market Value of consideration received by Softbank as a result of such Merger; minus (ii) any portion thereof attributable to the OII Value minus (iii) Applicable Expenses.

  • As used in this Agreement, Applicable Expenses include the actual, out-of-pocket costs and expenses paid or incurred by BURA in connection with maintaining those portions of the Garage that are directly affected by or affect the use of the Permanent Vehicle Parking Spaces, and do not include any costs related to the systems and facilities located in the Garage for ground floor commercial purposes and for the connected PRCA.

  • To the extent the amount paid by the Association and Residential Owners during the First Year exceeds the Proportionate Share of the actual Applicable Expenses incurred during this time period, BURA shall apply the difference as a credit to the amount owed during the next partial fiscal year within 45 days after delivery of BURA’s statement by deposit in the U.S. mail or by email to an agreed address.

  • The Residential Owners and the Association will occupy twenty-three percent (23%) of the total vehicle parking spaces in the Garage, meaning they will pay twenty-three percent (23%) of the total Applicable Expenses (the “Proportionate Share”).

  • After notice from the Company to Indemnitee of its election to assume the defense of any Proceeding, the Company will not be liable to Indemnitee under this Agreement or otherwise for any Applicable Expenses (except for reasonable costs and expenses of Indemnitee in cooperating in the defense of such proceeding) subsequently incurred by Indemnitee in connection with the defense of such Proceeding, except as otherwise provided below.

  • The Applicable Expenses shall reflect the current market value (as determined by industry practice and based on Halcyon’s current pricing for providing such services (the “Current Market Value”) as set forth on Annex A attached hereto.

  • Following the deduction of all of the Applicable Expenses in the calculation of net profit described above and any other accounting adjustments required under applicable accounting standards and under law (the “Net Profit”), in the event that Halcyon obtains a Net Profit, Halcyon shall pay to KushCo an earn-out payment equal to forty percent (40%) of such Net Profit (the “KushCo Earn-Out Payment”).


More Definitions of Applicable Expenses

Applicable Expenses means all
Sample 1
Applicable Expenses means all applicable (a) charges and expenses directly relating to the applicable revenue, including sales, entertainment or other similar Taxes, fees or charges (including the Capital Fund Ticket Fee and Ticket Surcharge), (b) third-party ticket charges (including convenience fees, processing or handling fees, administrative fees and similar fees collected by any ticketing company) and NBA assessed per-ticket franchise fees, (c) credit card fees and similar charges and (d) sales commissions and/or reimbursements incurred in connection with the earning of such applicable revenue.
Sample 1

Related to Applicable Expenses

  • Reasonable Expenses means the reasonable expenses of Employees or Personnel, as the case may be, for which those Employees or Personnel may be reimbursed under the Operator’s usual expense account practice, as accepted by the Management Committee; including without limiting generality, any relocation expenses necessarily incurred in order to properly staff the Mining Operations if the relocation is approved by the Management Committee.

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

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

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

  • Indemnifiable Expenses Indemnifiable Liabilities" and "Indemnifiable Amounts" shall have the meanings ascribed to those terms in Section 3(a) below.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is:

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • 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.

  • 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.

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • 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.

  • Current Expenses means operating costs other than personal services and shall not

  • issuance expenses means any costs related to the issuance of

  • Eligible Expenditure means an expenditure described as eligible in Schedule B or deemed eligible by Canada in accordance with Section 4.2.

  • Travel Expenses means any costs incurred by Licensor associated with the transportation, storage or lodging of equipment, supplies, Licensor employees and other items necessary for business use from Licensor headquarters to Licensee’s facilities. Travel expenses may include, but are not limited to airfare, hotel costs, and meals if applicable. Any travel expenses paid by the Licensee shall be paid at allowable government travel rates consistent with Management Directive 230.10, unless otherwise first approved by the Licensee’s authorized representative.

  • Class Expenses means the expenses of registering a Class in any jurisdiction or with any stock exchange, regulated market or settlement system, and all other expenses arising from such registration and such further expenses howsoever arising as may be disclosed in the Prospectus. The cost of converting currency and the costs and gains/losses of the hedging transactions are borne solely by the relevant Class.

  • O&M Costs as defined in the Depositary Agreement.

  • Company Expenses has the meaning provided in Section 8.3.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Ineligible Expenditures means those expenditures described as ineligible in Schedule C or deemed ineligible by Canada in accordance with Section 4.2.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series’ assets with respect to the Class for the period involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees’ fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series’ statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series’ “Annual Operating Expenses” for the Class do not include “acquired fund expenses”, interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are “extraordinary” as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LLC By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Chief Operating Officer ACCEPTED: THE ROYCE FUND By: /s/ Xxxx X. Xxxxxxxxx Xxxx X. Xxxxxxxxx Vice President The Royce Fund 000 Xxxxx Xxxxxx Xxx Xxxx, XX 00000 Re: Fee Waiver and Expense Reimbursement - Royce 100 Fund (Institutional Class) Gentlemen: Reference is made to the Investment Advisory Agreement dated June 30, 2003 (the “Agreement”) by and between The Royce Fund (the “Fund”) on behalf of Royce Heritage Fund (the “Series”) and Royce & Associates, LLC (the “Adviser”). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services provided by it under the Agreement for the period beginning May 1, 2010 and ending April 30, 2011 (the “Period”), and/or agrees to reimburse expenses relating to the Period to the Series with respect to the Class in an amount, if any, necessary so that the Series’ “Annual Operating Expenses” for its Institutional Class of shares (the “Class”) are not more than 1.04% of the Class’ average net assets for the Period. The Adviser’s obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.