FTE Expense definition

FTE Expense means [*****].
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FTE Expense means the annual aggregate costs actually incurred by a Party in connection with an employee.
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Examples of FTE Expense in a sentence

  • The Parties shall make reasonable efforts to accurately track the time spent in furtherance of the Commercialization of the Product in the Co-Promotion Territory by those of its employees for which the FTE Expense is a shared Commercial Expense.

  • As a part of the U.S. Commercialization Plan, the US JSC shall agree in writing upon: (i) the FTE Expenses to be shared as Commercial Expenses, including the allocation of FTEs between the Parties; (ii) the positions for which the FTE Expense shall be a shared Commercial Expense; and (iii) the FTE rate for each such position.

  • Bayer shall be responsible for all costs and expenses (including Acura’s FTE Expense), for performing all Developed Product development activities, whether performed by Acura or Bayer.

  • In no event shall Sanofi be obligated to incur (a) Sanofi Field Force FTE Expenses in excess of [***] (“Sanofi Field Force FTE Expense Cap”) or (b) Sanofi Allowable Expenses in excess of [***] (the “Sanofi Allowable Expense Cap”, the sum of the Sanofi Field Force FTE Expense Cap and Sanofi Allowable Expense Cap, the “Sanofi Expense Cap”).

Related to FTE Expense

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Developed exclusively at private expense means development was accomplished entirely with costs charged to indirect cost pools, costs not allocated to a government contract, or any combination thereof.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is:

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.