Corporate Overhead Expense definition

Corporate Overhead Expense. For any month of the Borrower's Fiscal -------------------------- Year, all expenses of the Borrower and the Subsidiaries during such period which are not properly allocable to the restaurants including, but not limited to, compensation and benefit expenses for corporate staff; rent, occupancy and telephone expenses for corporate offices; professional fees; travel and entertainment expense; market-wide advertising expenses; automobile expense; and other general administrative expenses attributable to corporate functions. Corporate Overhead Expense shall not include depreciation, amortization, interest expense or the Revolving Commitment Fees.
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Corporate Overhead Expense means all general and administrative -------------------------- expenses incurred during any fiscal period which are not associated with, or attributable to, the particular operations of one or more of the Stations and which are properly classified as general and administrative expenses on the Borrower's financial statements, including compensation paid to Senior Management, insurance, rent, professional fees, travel and entertainment expenses; notwithstanding any generally accepted accounting principles to the contrary, Corporate Overhead Expense shall include all compensation and distributions paid to or for the benefit of the Management Stockholders (other than Xxxxx), directly or indirectly in their respective capacity as employees of the Borrower.
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Corporate Overhead Expense means the following expenses of the Parent Corporation: directors' fees and expenses, directors' and officers' liability insurance premiums, shareholder reports, shareholder relations, transfer agent fees and expenses, investor relations and corporate communications, Securities and Exchange Commission filing fees and expenses, stock exchange fees, chairman's and president's retirement plan accrual (unfunded), legal fees regarding Securities and Exchange Commission matters, stock option plan, stock ownership plan and corporate matters, stock ownership plan administration expenses and benefits consulting fees (related to directors and officers).
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Examples of Corporate Overhead Expense in a sentence

  • Approximate 60% reduction from 2013 level Reduced Corporate Overhead Expense ($ millions) General, Administrative and Development Expense $54 $45 $32 $23 $22 $24 $22 $0 $10 $20 $30 $40 $50 $60 2013 2014 2015 2016 2017 2018 Proj.

  • For purposes hereof, the term "Broadcast Cash Flow" means, for any period, an amount equal to (a) Consolidated EBITDA of the Company and its Subsidiaries plus (b) Corporate Overhead Expense.


More Definitions of Corporate Overhead Expense

Corporate Overhead Expense means all general and administrative expenses incurred during any fiscal period which are not associated with, or attributable to, the particular operations of one or more of the Stations and which are properly classified as general and administrative expenses on the Company's financial statements, including compensation paid to senior management, insurance, rent, professional fees, travel and entertainment; notwithstanding any GAAP to the contrary, Corporate Overhead Expense shall include all compensation and distributions paid by the Company or the Subsidiary to or for the benefit of the Management Stockholders or any of their Affiliates.
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Related to Corporate Overhead Expense

  • Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

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

  • 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 replace- ments and office automation and information technol- ogy 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.

  • Allocable Overhead means costs incurred by a Party or for its account which are attributable to a Party's supervisory, services, occupancy costs, corporate bonus (to the extent not charged directly to department), and its payroll, information systems, human relations or purchasing functions and which are allocated to company departments based on space occupied or headcount or other activity-based method. Allocable Overhead shall not include any costs attributable to general corporate activities including, by way of example, executive management, investor relations, business development, legal affairs and finance.

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Extraordinary Expense shall have the meaning set forth in Section 5.1.11(e) hereof.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Covered Expense means expense incurred only for the following:

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

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

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • 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.

  • Net Capital Expenditures means for any period the amount by which Capital Expenditures during such period exceeds reimbursements for such items during such period from any fund established pursuant to the Loan Documents.

  • Capitalized Expenditures means those expenditures that (i) would be capitalized under generally accepted accounting principles, and (ii) are incurred with respect to Shared-Loss Loans, Other Real Estate, Additional ORE or Subsidiary ORE. Capitalized Expenditures shall not include expenses related to environmental conditions including, but not limited to, remediation, storage or disposal of any hazardous or toxic substances or any pollutant or contaminant.

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).