Expense Allowance definition

Expense Allowance shall have the meaning specified in Section 6.1.
Expense Allowance shall have the meaning set forth in Section 4.3.
Expense Allowance has the meaning set forth in Section 5.05.

Examples of Expense Allowance in a sentence

  • Advances will be made based on the Company’s paid and reported outstanding Losses for Covered Policies (excluding all incurred but not reported Losses) as reported on a Proof of Loss Report, and shall include a Loss Adjustment Expense Allowance as calculated by the FHCF.

  • If the Reinsurance Expense Allowance for the Accounting Period is a negative amount, the Ceding Company shall owe the absolute value of such amount to the Reinsurer.

  • If the Reinsurance Expense Allowance for the Accounting Period is a positive amount, the Reinsurer shall owe such amount to the Ceding Company.

  • The Expense Allowance, the Covered Business Miles and the Reimbursement Rate shall be reviewed annually by the Compensation Committee of the Bank Board and, if increased, shall be reflected in an addendum hereto.

  • Such Expense Allowance shall take into account the federal and state income tax effect on the Executive of receipt of such allowance.


More Definitions of Expense Allowance

Expense Allowance means an annualized per base policy expense allowance equal to the Reinsurer’s Quota Share multiplied by $42.50 for each Reinsured Policy payable on a monthly basis, which amount shall be increased (i) by 3% on the first anniversary date of the Effective Date and (ii) thereafter, by a compounded rate equal to the percentage increase, if any, in the employment cost index published by the United States Bureau of Labor Statistics at xxxx://xxx.xxx.xxx on each subsequent anniversary date of the Effective Date.
Expense Allowance means any sum paid to an employee by an employer which is a bona fide payment to meet an expense incurred or to be incurred by the employee wholly and exclusively in or for the purposes of the performance of the duties of his office or employment or in discharging functions authorised by the employer; and
Expense Allowance means that portion of Tenant's Percentage of Operating Expenses as described in Paragraph 6 below which Landlord has included in Monthly Base Rent, which, or purposes of this Lease, will be an amount equal to Tenant's Percentage of Operating Expenses for the 2000 calendar base year.
Expense Allowance means the ceding commission payable in connection with the acquisition of the Reinsured Policies and as described in Schedule B.
Expense Allowance means, for each Monthly Accounting Period, an amount determined in accordance with Schedule C.
Expense Allowance means, in respect of any Investment Pool, the “Expense Allowance”, as defined in the Western Insurance Agreement, payable by Western Insurance in respect of such Investment Pool.
Expense Allowance means an amount equal to two percent (2%) of the Gross Proceeds payable by the Partnership to the Sales Agent for the payment of Organization and Operating Expenses.