Corporate Costs definition
Examples of Corporate Costs in a sentence
The total absorption costing principle is used - the full cost of overheads and support services are shared between users in proportion to the benefits received, with the exception of Corporate Costs.
NNL and NNI each agree that it will initially pay fifty percent (50%) of the aggregate Allocated Corporate Costs, respectively, of the Canadian Debtors and the US Debtors; provided, however, that it is understood and agreed by the Parties that such costs, to the extent not recovered from other Nortel Group entities, will ultimately be adjusted and borne by the US Debtors and the Canadian Debtors on the same basis as described in Section 7.
NNI’s initial share of the Allocated Corporate Costs (before adjustment) is included in the amount of the Settlement Payment as disclosed in Annex C hereto.
NNL agrees to use commercially reasonable efforts to recover from Nortel Group entities a portion of the Allocated Corporate Costs (as defined herein) incurred by NNL on behalf of Nortel Group entities globally, which will be allocated to those entities (including both NNL and NNI) that are considered to benefit from such costs and to have the financial ability to pay their respective share of such costs.
The Grantee shall forfeit the number of shares of EBITDA Restricted Stock and Corporate Costs Restricted Stock that do not vest or are not granted (subject to satisfaction of the service vesting conditions) pursuant to the preceding provisions.
Regional Contribution is defined as the total of Region Income, Marketing Income and Operation Center Contributions minus Region Expense and the Corporate Costs.
The total absorption costing principle is used - the full cost of overheads and support services are shared between users in proportion to the benefits received, with the exception of: • Corporate Costs- costs relating to the Council’s status as a multifunctional, democratic organisation and the cost of discretionary benefits awarded to employees retiring early and impairment losses chargeable on Assets Held for Sale.
Costs include support with utlities, transportation (lyft/bus pass), clothing, food, education, job preperation/training Indirect Indirect Administrative costs including Human Resources, Accounting, Corporate Costs at 10% Funding Source: HHAP3 2022-2025 StepUp KingCity Exhibit C-2 Budget Step Up on Second Street, Inc.
Corporate Costs Q4 - Three Months YTD - Twelve Months (In 000's) 2012 2011 2012 2011 Salaries - - - 609 Service agreement 45 44 180 44 Insurance 17 20 71 76 Legal 25 260 88 376 Accounting, audit and tax 37 (3) 84 719 Board of directors 26 - 74 - Misc.