Indirect Expenses definition
Indirect Expenses means vendor expenses that are related to providing services to consumers, and non-consumer related activities administered by the vendor;
Indirect Expenses means those items that are identified as indirect costs in the federal Office of Management and Budget, Circular A-87 on January 1, 1985.
Indirect Expenses means indirect expenses as historically defined in the books and records of MLIM Parent and its Subsidiaries.
Examples of Indirect Expenses in a sentence
The yearly cost will show all Direct Expenses, Other Expenses, and Indirect Expenses.
Determine allowability of Indirect Expenses sampled by performing the following procedures.
Unit Prices include Direct Labor Expenses, Payroll Additives, Indirect Expenses, and Direct Non-salary Expenses and Profit.
The Company shall bear all Registration Expenses, including Indirect Expenses but excluding Selling Holder Expenses (as defined below), incurred in connection with any Registration Statement other than a Registration Statement initiated pursuant to Section 2.1 hereof.
This account will record all movement as detailed below and will be fully distributed to the Parties on a monthly basis, in the proportion of fifty percent (50%) to ECOPETROL and fifty percent (50%) to the ASSOCIATE with respect to investments, and in the proportion provided in Contract Clause 22 (sections 22.6.1 and 22.6.2) for Direct Expenses and Indirect Expenses, that is, will serve as the basis for monthly billing as therein provided, leaving a zero (0) balance each month.
More Definitions of Indirect Expenses
Indirect Expenses means labor expenses, including [***], and other indirect production expenses such as [***], and expenses for process development and analytical methods development, but excluding, in each case, any Direct Expenses.
Indirect Expenses. Those disbursements charged to the Joint Account for administrative/technical support for the Joint Operation that Operator may furnished through his own organization.
Indirect Expenses which means a reasonable allocation of expenses associated with a Party’s personnel supporting the supply of Collaboration Product or components thereof, including expenses of labor and overhead for quality control, quality assurance, raw material acquisition and acceptance, microbiology, document control, calibration/validation, and expenses for technology development and analytical methods development supporting manufacturing and supply of Collaboration Products or components thereof, but excluding Direct Expenses, interest expenses, and capital expenditures for facilities and equipment used to manufacture Collaboration Product; and
Indirect Expenses means indirect production costs such as a reasonable allocation of expenses associated with a Party’s personnel directly supporting the Manufacturing of Compound or Product in accordance with cGMP requirements, including labor for, and indirect costs of, quality control, quality assurance, raw material acquisition and acceptance, microbiology, document control, calibration/validation, and non-R&D expenses for process development and analytical methods development and shall not include any Direct Expenses.
Indirect Expenses means Direct Expenses of local support functions which are in turn allocated to each business within the organization. These support functions distribute their costs based on the level of service provided to a business. Indirect Expenses do not include stewardship or overhead expenses. Indirect Expenses do not include any expenses or charges from RBS arising solely from its status as a partner in RBS Sempra Commodities LLP (and not incurred in support of the Partnership). For the avoidance of doubt, any expenses or charges that Sempra Energy or its Associated Companies incur in respect of the Sempra Member Group’s ownership or oversight of the Sempra Member Group’s ownership in the Partnership but could not charge are also not chargeable by RBS. Indirect Expenses are to be allocated to the relevant business to reflect the level of support provided using a methodology that is fair and equitable.
Indirect Expenses means:
(i) Depreciation costs or lease/rental for manufacturing buildings and equipment and costs for maintenance and repair of such buildings and equipment. The depreciation costs shall be allocated using an appropriate methodology. Costs of equipment shall be based on a planned utilization of equipment. Facility and equipment depreciation and/or lease/rental shall be allocated to production proportionate to the usage of the Manufacturing facility and equipment for the actual Manufacturing of Product;
(ii) Allocable Overhead, as such term is defined in Exhibit B to the License Agreement;
(iii) Quality assurance activities;
(iv) Interim transportation, or any related transportation cost including tertiary packaging and storage of Product, as incurred or spent in connection with this Agreement;
(v) Costs of approved Third Party manufacturers (such costs will include the actual amount paid including the benefit of any price reductions, payment or terms discounts or other reimbursements, such as volume discounts, that may be applicable to such purchases); and
(vi) Subject to Section 6.4, costs associated with changes of the Product Specifications or the Manufacturing Process. For the avoidance of doubt, the following expenses will not be included in Cost of Goods:
(A) Expenses associated with excess or idle capacity (including insurance and maintenance thereof), subject to Section 2.1(b)(ii);
(B) The value of any stock provisions or write-offs, either due to quality non-compliance, or obsolescence and any associated costs for physical destruction;
(C) Project related costs (e.g., process development, plant commissioning, process improvement projects);
(D) Support functions not allocated to the Product within the scope of this Agreement;
(E) Costs of asset write off;
(F) Indemnities incurred by the supplier; and
(G) Business interruption insurance and product liability insurance.
Indirect Expenses means those items which are identified as indirect costs in the federal Office of Management and Budget Circular A-87 on January 1, 1985.