Net Costs definition

Net Costs is hereby defined to mean Landlord's total costs incurred in operating, managing, equipping, lighting, repairing, insuring and maintaining the Common Areas plus a reasonable amount for depreciation of equipment actually used and excluding (if otherwise included therein) capital costs, interest and real property taxes or assessments.

Net Costs means costs of goods sold in accordance with GAAP, less Marketing Expenses.

Net Costs means projected costs to administer the Unified Program during the fiscal year, minus any money collected from grants, reimbursements, penalties, cost recoveries, and allocations from the Rural CUPA Reimbursement Account. Any surplus or deficit from the preceding fiscal year will be subtracted from or added to the designated agency’s cost projections for the following fiscal year.

Examples of Net Costs in a sentence

• Note (iii) Financing and Investment Income and Expenditure Adjustments – this column adjusts for borrowing costs that are charged to the Police Fund but are not included in the Net Costs of Policing Services.

• Program and administrative costs are reflected in the Statements of Net Costs; however, the offsetting collections and appropriation used to cover those expenses are reflected in the Statements of Changes in Net Position.

• Using the cost factors supplied by OPM, NARA recognizes an expense for the future cost of postretirement health benefits and life insurance for its employees as imputed cost on the Statement of Net Costs and imputed financing sources on the Statement of Changes in Net Position.Employee Retirement BenefitsAll permanent NARA employees participate in either the Civil Service Retirement System (CSRS) or the Federal Employee Retirement System (FERS).

• Another company, which have a decentralized open innovation program and work with startups, gather all information needed with the startup and coordinate an on-demand pitch session with the head of the business unit concerned.

• Net costs or revenue from the Statement of Net Costs, offsetting collections and appropriation usage, and transfers to the U.S. Treasury all affect the net position shown on EXIM’s Balance Sheet.

More Definitions of Net Costs

Net Costs will, for purposes of this Section 3.05, include all Costs applicable to the Shared Project less any amounts for which WilTel has actually received reimbursement from a third party where such reimbursement is reduced by the amount of the direct expenses incurred by WilTel in collecting such third party reimbursement, including legal expenses.

Net Costs means Landlord's costs and expenses incurred in the operation of the Center as described in Section 5.2 below.

Net Costs means actual costs incurred reduced by investment tax credits received on directly related expenditures;

Net Costs means and include all costs, expenses and liabilities incurred from operation of Trace Regional during any month during the Term, including without limitation, for payment of salaries, wages and benefits of persons employed at Trace Regional but excluding depreciation, all as computed in accordance with GAAP. All such Net Revenues and Net Costs during the Term shall be for Company’s account. The fee for any month shall be payable on the 20th day of the succeeding month after preparation of monthly financials reflecting Net Revenue and Net Costs.

Net Costs for any period shall mean the excess of (x) the Total Costs for such period over (y) the sum of all amounts received by VTransco during such period from all sources other than from companies under this Agreement, including revenues from the sale of power or from the transmission thereof.

Net Costs means, in relation to a Quotation, Tender or Expression of Interest, the total amount offered by a supplier for the supply of goods or services, including freight or delivery charges, excluding GST and any discounts or rebates offered by the supplier.(d) Procurement Request means any purchasing transaction undertaken by Council, including those prescribed by the Tendering regulations under the Local Government Act 1993. (e) Submission means any form of submitted pricing from a prospective supplier, including those received under the Tendering regulations under the Local Government Act 1993.(f) Concession means the application of a percentage-based ‘reduction’ of the pricing of any submissions deemed to comply with the above ‘local content’ and/or ‘local supplier’ definitions. Policy ContentTo assist local industry and local economic development, the Council will:

Net Costs means the difference between the costs of an undertaking, obligated to provide universal service, and the costs without obligation to provide universal service, plus the revenues from the provision of universal service and an account of the advantages resulting from the obligation to provide universal service.