Head Office Costs definition

Head Office Costs means an amount which is a percentage of the Actual Income profiled on an annual basis for which the annual percentage profile is shown in row [X]174 of the ‘summary’ worksheet of the LOBTA;
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Head Office Costs means an amount which is a fixed amount of the income received by the Contractor in respect of the Services, calculated as [X%]198 of the Income for the relevant Contract Year;
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Head Office Costs means an amount which is a fixed amount of the income received by the Contractor in respect of the Services, calculated as a percentage of the Actual Income profiled on an annual basis for which the annual percentage profile is shown in row [X]7 of the ‘summary’ worksheet of the LOBTA;
Sample 1

Examples of Head Office Costs in a sentence

  • A contractor is generally entitled to suspend the works in the case of fail- ure by the employer to fulfil payment obligations, or terminate the contract in the case of a material breach.

  • This also includes taxation and interest expenses of the Group which cannot be allocated to an operating segment.In 2005 the operating segments were North Sea, South Asia and Head Office Costs, Comparative information has been restated to reflect the new operating segments.

  • Head Office Costs: Overall head office costs increased by £3m to £38m (H1 19: £35m).

  • Northland’s Rebuttal Evidence has been structured to respond to the following matters: • Key Assumptions; • Head Office Costs; • Risk Premium; and • Transmission Rate.

  • Question 6.1 Royalty Deduction Amount LimitationRoyalty deduction limitation based on amountNo royalty deduction limitation based on amount AustriaFranceGermanyBelgium Ireland Japan Korea Luxembourg Netherlands Singapore Spain Sweden Switzerland UK US 1.7. Head Office Costs Head office costs are in principle deductible in all jurisdictions, insofar the costs are at arm’s length.

  • BR-NUNWT-14 Topic: Cost of Service-Change in Method of Allocating Head Office Costs Reference: Page 4-1 Preamble: NUL states: As well, Northland submits that the methodology originally applied for in the July 25, 2014 Application where energy sales were used to allocate costs that are not directly assigned to a zone, was intended for NTPC only, as outlined in the 2010 GNWT Report: Efficient, Affordable and Equitable: Creating a Brighter Future for the Northwest Territories Electricity System.

  • Head Office Costs based on Emden formula in respect of 14.4 weeks at 6%.

  • Current Mth Actual Current Mnth Budget Current Mnth Variance Year to Date Actual Year to Date Budget Year to Date Variance Total Annual Budget Committed Expenditure Funds Available Policy & Management 101 Head Office Costs 5101 Contrib.

  • Specifically, they noted: Head Office Costs – Grants budget underspent by £12,000 which is largely the Carbon Reduction & Biodiversity Fund.

  • Head Office Costs: Head office costs are usually general administration costs and should therefore expensed as and when incurred.


More Definitions of Head Office Costs

Head Office Costs means costs incurred outside of the mining permit operations which, while in some manner may benefit the mining permit, do not qualify as indirect costs and are, therefore, non allowable costs. An operating and capital overhead allowance is permitted in lieu of head office costs.
Sample 1
Head Office Costs means an amount which is a fixed amount of the income received by the Contractor in respect of the Services, calculated as a percentage of the Actual Income profiled on an annual basis for which the annual percentage profile is shown in [ ] of the Pricing Schedule; "Income" means any income (for the avoidance of doubt including the Contract Price actually re- ceived by the Contractor in respect of the Services from the Council in respect of the relevant Contract Year) but excluding any sums received in respect of a previous Con- tract Year;
Sample 1
Head Office Costs means the aggregate head office and other corporate costs that are to be transferred into the Borrower Group during 2003 (as described in the Deloitte & Touche Phase 2 report on the UPCD Budget for 2002 - 2004) which, for the avoidance of doubt include the costs associated with the properties listed in paragraph 7 below and the contract with Cinenova listed in paragraph 8 below and exclude costs already incurred within the Borrower Group and which may be reallocated within the Borrower Group).
Sample 1

Related to Head Office Costs

  • Service Costs has the meaning ascribed thereto in Section 3.01.

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

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Personnel Costs means the costs of researchers, technicians and other supporting staff to the extent employed on the relevant project or activity;

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equip- ment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period immediately following the commencement of the relocation to an eli- gible premises. Relocation costs do not include costs for structural or capital improve- ments or items purchased in connection with the relocation.

  • 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.

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Prime costs and “Prime cost sum” means the amount actually paid by the contractor for any article, commodity or special work and shall include all proper charges for packing, carriage and delivery to site, after deduction of all trade documents, rebates and allowances and the discount obtainable for cash insofar as such discount for cash exceeds 2½%.

  • Operation and Maintenance Costs means the costs of:

  • Direct Costs means the sum of the following:

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following:

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • Gross Operating Expenses shall include (i) all costs and expenses of operating the Hotel included within the meaning of the term “Total Costs and Expenses” contained in the Uniform System and, (ii) without duplication, the following: all salaries and employee expense and payroll taxes (including salaries, wages, bonuses and other compensation of all employees of the Hotel, and benefits including life, medical and disability insurance and retirement benefits), expenditures described in Section 9.1, operational supplies, utilities, insurance to be provided by Lessee under the terms of this Lease, governmental fees and assessments, common area maintenance costs and other common area fees and assessments, food, beverages, laundry service expense, the cost of Inventories, license fees, advertising, marketing, reservation systems and any and all other operating expenses as are reasonably necessary for the proper and efficient operation of the Hotel and the Leased Property incurred by Lessee in accordance with the provisions hereof (excluding, however, (i) federal, state and municipal excise, sales and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes paid over to federal, state or municipal governments, (ii) the cost of insurance to be provided under Article 13, (iii) expenditures by Lessor pursuant to Article 13 and (iv) payments on any Mortgage or other mortgage or security instrument on the Hotel); all determined in accordance with generally accepted accounting principles. No part of Lessee’s central office overhead or general or administrative expense (as opposed to that of the Hotel), and no operating expenses paid or payable by tenants under Space Leases, shall be deemed to be a part of Gross Operating Expenses, as herein provided. Reasonable out-of-pocket expenses of Lessee incurred for the account of or in connection with the Hotel operations, including but not limited to postage, telephone charges and reasonable travel expenses of employees, officers and other representatives and consultants of Lessee and its Affiliates, shall be deemed to be a part of Gross Operating Expenses and such Persons shall be afforded reasonable accommodations, food, beverages, laundry, valet and other such services by and at the Hotel without charge to such Persons or Lessee.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Administration Costs means all costs to administer and distribute the Settlement Fund including the costs and professional fees of the Claims Administrator and the costs of implementing the Notice Plan;

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).