Cumulative Costs definition

Cumulative Costs means (1) with respect to the initial Plan Year, the product of (a) the difference between the premiums paid under the Bank-Owned Life Insurance during the initial Plan Year minus the death benefits received from the Bank-Owned Life Insurance during the initial Plan Year, multiplied by (b) the sum of one plus the Annual After-Tax Cost-of-Funds Rate for such Plan Year; (2) with respect to each subsequent Plan Year, the sum of (z) the product of Cumulative Cost of the prior Plan Year multiplied by the sum of one plus the Annual After-Tax Cost-of-Funds Rate for such Plan Year plus (y) the difference between the premiums paid under the Bank-Owned Life Insurance during such Plan Year minus the death benefits received from the Bank-Owned Life Insurance during such Plan Year. An example of the computation of Cumulative Costs is attached to this Agreement on Exhibit A.

Cumulative Costs means the total actual cost (excluding "soft costs") of a project, which represents the aggregate cost of all contracts, vendors and service providers hired in connection with such project. Application for payments shall be submitted monthly by Manager and the applicable Property Owner shall make payments owing hereunder within thirty (30) days after such Property Owner's receipt of the application with satisfactory supporting documentation.

Cumulative Costs means all Petroleum Costs in the Production Area, actually incurred by the CONTRACTOR until the end of the relevant Semester, determined in accordance with Article 26.7. Notwithstanding the foregoing provisions of this Article 26.4, for the period from First Production until the end of the Calendar Year in which First Production occurs, the “R” Factor shall be deemed to be less than one (1).

Examples of Cumulative Costs in a sentence

• The higher levels are understood to encompass attributes from the lower levels.Elements of both Bennett et al.’s [1] and Barrie’s [2] schemas can be seen also in Eraut’s[12] classification of graduate attributes.

• Cumulative Costs The United States has long had a policy of analyzing the cumulative costs of regulations going back to when I first worked on the issue in the Nixon Administration.

• Cumulative through Prior Year (c): This column displays the Cumulative Costs From Inception (d) reported through the end of the prior contract year.

• Net book value Balance at beginning of period Additions Depreciation expenses Balance at end of period Cumulative depreciation Balance at beginning of period Depreciation Balance at end of period Cumulative Costs Balance at beginning of period Additions Balance at end of period During the nine months ended September 30, 2023, the Group acquired assets with a cost of €61,603 (2022: €100,657).

• Total Cost Impacts under To Be”* (in millions of dollars)A Comparison of Total Cumulative Costs under "To Be" Relative to "Baseline" Between 2003 and 2012* (in millions of dollars) Entity **Cumulative Costs Baseline To Be*Cost savings shown in parentheses.**Not discounted.

More Definitions of Cumulative Costs

Cumulative Costs means the total, from the Effective Date until the end of the previous Quarter, of the Petroleum Exploration Costs and the Petroleum Development Costs incurred by the Participants, as defined and determined according to the provisions of the Accounting and Financial Procedure in the Appendix B.

Cumulative Costs means with respect to the initial Plan Year, the difference between (i) the premiums paid under the Bank-Owned Life Insurance during the initial Plan Year minus (ii) the death benefits received by the Bank from the Bank-Owned Life Insurance during the initial Plan Year.

Cumulative Costs means, with respect to each subsequent Plan Year, the sum of (x), (y), and (z) where:

Cumulative Costs means the identified and documented direct costs incurred by each party directly related to the research and development of each PRODUCT and direct costs associated with PROGRAM INTELLECTUAL PROPERTY filing, prosecution, and maintenance covering each PRODUCT. CUMULATIVE COSTS exclude costs not directly related to the development of a PRODUCT and the PROGRAM INTELLECTUAL PROPERTY claiming such PRODUCT, and shall stop incurring for a PRODUCT and the PROGRAM INTELLECTUAL PROPERTY claiming such PRODUCT upon the earlier of (i) its licensing to a third party; (ii) upon its first regulatory approval as obtained by 4-AB; (iii) the transfer or assignment of rights to a PRODUCT or PROGRAM INTELLECTUAL PROPERTY claiming such PRODUCT obtained under or as a result of this Agreement to a third party. CUMULATIVE COSTS for each such PRODUCT may be deducted from anything of value received for rights in a PRODUCT and the PROGRAM INTELLECTUAL PROPERTY claiming such PRODUCT, whether cash or anything received in lieu of cash for such rights. CUMULATIVE COSTS shall be disclosed annually to the JOINT MANAGEMENT COMMITTEE for approval and any unapproved costs shall not be considered CUMULA TIVE COSTS. For clarity, the CUMULA TIVE COSTS of each PRODUCT and the PROGRAM INTELLECTUAL PROPERTY, or part thereof, claiming such PRODUCT can only be deducted from the monetary realization of each such specific instance. By way of non-limiting example only, CUMULATIVE COSTS associated with PRODUCT 1 shall exclude expenses related to a clinical trial for development of PRODUCT 2, shall not include PROGRAM INTELLECTUAL PROPERTY claiming PRODUCT 2, and cannot be deducted from licensing revenue of PRODUCT 2.

Cumulative Costs means the total, collective expenditure by the Municipality and the DOT to complete the Design Project (defined in section 1.7).

Cumulative Costs has the meaning given in Article 14.6.

Cumulative Costs means all Exploration Costs, Development Costs, Production Costs, Operating Costs and Abandonment Costs, including Service, General and Administrative Costs, in respect of the Contract Area, actually incurred and paid by the Contractor from the Effective Date until the end of the Quarter preceding the relevant Quarter.