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);

Business Costs has the meaning ascribed thereto in Section 2.2(e);

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;

Examples of Business Costs in a sentence

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

• The Members agree in good faith to determine and agree upon the Company Business Costs and the PRC Business Costs.

• 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.

• Doctors Health's Compensation shall be paid only out of Collected LLC Cash remaining in the LLC Accounts after all LLC Business Costs (which, with respect to any month in which there are Member Physician Salary Cost Deficiencies outstanding, shall include the aggregate of all such deficiency amounts) have been paid or provided for.

• The Manager's Compensation shall be paid only out of Collected LLC Cash remaining in the LLC Accounts after all LLC Business Costs (which, with respect to any month in which there are Base Salary Deficiencies outstanding, shall include the aggregate of all such deficiency amounts) have been paid or provided for, including the accruing of any reserves for the Net Ancillary Services Collections and the Practice Growth Bonus Amounts as the Manager shall consider appropriate.

• Competitive Alternatives 2006, KPMG's Guide to International Business Costs, www.competitivealternatives.com.

• To the extent that the Net Ancillary Services Collections are not required to pay LLC Business Costs due or accrued with respect to any year, or used to pay all or a portion of any Physician Compensation Deficiency under Section 3.m, the Manager shall pay over to the LLC the remainder of the Net Ancillary Services Collections to the LLC for distribution to the physicians following the end of any applicable year as part of the Additional Bonus Pool.

• Until disbursed by the Manager in payment of the LLC's Business Costs or the Manager's Compensation 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.

• It is understood, acknowledged and agreed that PRC is responsible for any and all PRC Business Costs.

• Lowering Ontario's Business Costs Ontario's competitive strengths make it an attractive place for business to locate and create jobs.

More Definitions of Business Costs

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.

Business Costs has the meaning set forth in Section 5.11.

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.