Business Costs definition

Business Costs means the costs of operating a business for which a Licensee is responsible and includes, but it is not limited to, chassis rental, wear and tear on tires, cargo insurance, Smart Phone costs, bridge or road tolls, loading fees, Access Agreement charges, fees related to the Terminal Gate Compliance Initiative, GPS-related expenses, (unless the Sponsored Independent Operator has unreasonably failed to cooperate in the return of the GPS unit to the Commissioner or to the Licensee);
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Business Costs has the meaning ascribed thereto in Section 2.2(e);
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Business Costs means all costs and expenses of conducting the Gas and Power Business or incidental thereto, and shall include, but not be limited to premises costs, legal, audit and other professional fees and expenses, personnel costs and all other expenses of operating the Gas and Power Business, including general and administrative costs and taxes other than income taxes, as determined in accordance with U.S. GAAP except as otherwise provided herein. Any unusual, non-recurring or extraordinary costs or expenses, as determined in accordance with U.S. GAAP on a pretax basis (collectively "Extraordinary Costs"), shall be included as Business Costs. For purposes of this definition of Business Costs, personnel costs shall include all costs of salary, bonuses (including deferred bonuses), employee benefits and any related payroll taxes, all in accordance with standard UBS Warburg procedures as in effect from time to time (including for both revenue generating and support personnel). Currently, UBS Warburg employs certain bonus plans which provide for awards of instruments linked to UBS equity, and other financial instruments, which include vesting provisions whereby an employee may forfeit some or all of certain bonus payments. Notwithstanding the vesting and forfeiture provisions, it is understood that it is the practice of UBS Warburg to accrue as an expense (personnel cost) the full value of amounts awarded in respect of a period during that period, and to notify participants of the amounts and terms of such awards early in the following period. Accordingly, notwithstanding any contrary provisions or interpretations under U.S. GAAP, for purposes of the calculation of personnel costs, the full value of such awards made or deemed to be made in respect of a given year shall be accrued as an expense of that year, so long as consistent with current UBS Warburg practice. For the purpose of calculating Royalties, there shall not be included in Business Costs: (i) Royalties, (ii) any costs or expenses deducted against the Royalty pursuant to Section 5.2 and (iii) the $10,587,000 of bonuses to be paid in accordance with Section 3.8(c) of the Master Agreement. UBS's calculation of Business Costs shall be conclusive and binding on the parties hereto for all purposes, absent an error identified in the performance of the Agreed Upon Procedures.
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Examples of Business Costs in a sentence

  • SIR continued to receive government assistance through the now superseded Canada Emergency Wage Subsidy (“CEWS”) and the Canada Emergency Rent Subsidy (“CERS”) and the newly enacted Canada Recovery Hiring Program (“CRHP”) including the additional stream of support via the Tourism and Hospitality Recovery Program (“THRP”) as well as the Ontario Business Costs Rebate Program.

  • All reasonable charges for outside consultants will be LLC Business Costs.

  • Heather Boushey & Sarah Jane Glynn, There Are Significant Business Costs to Replacing Em- ployees, CTR.

  • Heather Boushey & Sarah Jane Glynn, There Are Significant Business Costs to Replacing Em- ployees, CTR.

  • Until disbursed by Doctors Health in payment of the LLC's Business Costs or Doctors Health's Management Fee from such accounts, the Collected LLC cash (other than such portion attributable to the Non-Medicare Receivables) shall be and remain the property of the LLC.

  • Self-Employment Business Costs - The cost of producing self-employment income via Delaware’s flat rate deduction.L. Energy assistance:1.

  • Doctors Health shall utilize the cash deposited in the LLC Accounts for the purposes of paying the LLC Business Costs and Doctors Health's Management Fee according to the following terms and conditions.

  • Overall, some 82 models are estimated to be currently supplied from approximately five suppliers, or an average of approximately 16 models per supplier.The Business Costs Calculator was used to determine the costs per business, and then these costs were allocated on a “per model” basis for the cost-benefit analysis.

  • In the Global Competitiveness Report, El Salvador ranks last out of 139 countries under the Organized Crime indicator, and next-to-last in Business Costs of Crime and Violence.Economic growth does show some movement with crime rates for the period from 1994 to 2000.

  • Analysis of the Policy Analysis Matrix (PAM) in Tuna Fish Business Costs Variable Based on the table above, it can be concluded that the social acceptance is higher than the private price.


More Definitions of Business Costs

Business Costs has the meaning set forth in Section 5.11.
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Business Costs means the amount paid by the Official Trustee in carrying on the business of the abrupt, debtor or deceased person up to that time.
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Business Costs means the costs of operating a business for which a Licensee is responsible and includes, but it is not limited to, chassis rental, wear and tear on tires, cargo insurance, Smart Phone costs, bridge or road tolls, loading fees, Access Agreement charges, fees related to the Terminal Gate Compliance Initiative, GPS-related expenses;
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Related to Business Costs

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

  • Travel costs ’ means expenses for transportation, lodging, subsistence (meals and incidentals), and related expenses incurred by employees who are on travel status on official business of the recipient for any travel outside the country in which the organization is located. “Travel costs” do not include expenses incurred by employees who are not on official business of the recipient, such as rest and recuperation (R&R) travel offered as part of an employee’s benefits package that are consistent with the recipient’s personnel and travel policies and procedures.

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

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • 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.

  • Direct Costs means the sum of the following:

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk's office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replacements and office automation and information technology equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Training Costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Basic generation service transition costs means the amount by

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • 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.

  • Organizational Expenses has the meaning set forth in Section 4.2(b).

  • Response Costs means all costs, including, but not limited to, direct and indirect costs, that the United States incurs in monitoring and supervising Respondents’ performance of the Work to determine whether such performance is consistent with the requirements of this Order, including costs incurred in reviewing deliverables submitted pursuant to this Order, as well as costs incurred in overseeing implementation of this Order, including, but not limited to, payroll costs, contractor costs, travel costs, and laboratory costs.]

  • Personnel Costs means the costs of researchers, technicians and other supporting staff to the extent employed on the relevant project or activity;

  • Organizational and Offering Expenses means any and all costs and expenses, including Selling Commissions and the Marketing Support Fee incurred by the Company or any of its Affiliates in connection with the formation, qualification and registration of the Company and the marketing and distribution of Equity Shares in an Offering, including, without limitation, the following: legal, accounting and escrow fees; due diligence expenses; printing, amending, supplementing, mailing and distributing costs; personnel costs associated with processing investor subscriptions and the preparation and dissemination of organizational and offering documents and sales materials; telecopy and telephone costs; charges of transfer agents, registrars, trustees, depositories, and experts; and fees, expenses and taxes related to the filing, registration and qualification of the Equity Shares under federal and state laws.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • 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.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • 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.

  • Past Response Costs means all costs, including, but not limited to, direct and indirect costs, that the United States paid at or in connection with the Site through [insert date of most recent cost summary], plus Interest on all such costs through such date.]