Overhead and Administrative Costs definition

Overhead and Administrative Costs has the meaning specified in Subsection 3.1 c.;
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Overhead and Administrative Costs means the overhead and administrative costs of Manager to manage and market the Security System in the Territory, for a year, determined by multiplying Manager's total overhead and administrative costs for marketing and managing the Security System in the United States and Canada in such year by a fraction, the numerator of which is the Net Sales for such year and the denominator of which is the aggregate gross amount paid to Alya in such year, for the purchase, installation and support of the Security System in the United States and Canada, less normal course of business selling credits for discounts and rebates in such year and less return adjustments for which a refund has been paid or credited to the customer, to the extent of the payment or credit in such year; and
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Overhead and Administrative Costs means the overhead and administrative costs of Manager to manage and market the Security System in the Territory, for a year, determined by multiplying Manager's total overhead and administrative costs for marketing and managing the Security System worldwide in such year by a fraction, the numerator of which is the Net Sales for such year and the denominator of which is the aggregate gross amount paid to Alya in such year, for the purchase, installation and support of the Security System worldwide, less normal course of business selling credits for discounts and rebates in such year and less return adjustments for which a refund has been paid or credited to the customer, to the extent of the payment or credit in such year; and
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Examples of Overhead and Administrative Costs in a sentence

  • In addition, Manager will give Owner, on a confidential basis, the detailed calculations necessary to establish Gross Sales, Net Sales, Expenses, Overhead and Administrative Costs and Net Revenues including, without limitation, the component parts thereof annually, within 90 days following the end of each fiscal year.

  • Additionally, Manager will give Owner, on a confidential basis, the Gross Sales, Net Sales, Net Revenues, Expenses, and Overhead and Administrative Costs for the quarter ending December 31st on or before the following February 28th.

  • In addition, Manager will give each Joint Venturer, on a confidential basis, within 90 days following the end of each calendar year for the second, third and fourth quarters of the preceding year and for the first quarter of the current year, the detailed calculations necessary to establish Gross Sales, Net Sales, Expenses, Overhead and Administrative Costs and Net Revenues including, without limitation, the component parts thereof, annually, with respect to such Joint Venturer's Territory.

  • This review would provide a necessary safeguard for Cal Am ratepayers, which does not currently exist under theSettlement Agreement, wherein certain costs10 flow unencumbered through to the price 10 Operations and Maintenance Costs, Public Agencies’ Allocated Overhead and Administrative Costs, Legal Expenses, and all other “Regional Desalination Project Related Expenses” are pre-determined to be “reasonable and prudent” and not subject to Commission review.of water paid by Cal Am customers.

  • Overhead and Administrative Costs - GC/CM Option: Refer to requirements of General Conditions.

  • Other Expenses (including independent contractors) Title:Description: Title:Description: Total Other Expenses: Direct Costs (Subtotal A through E) Overhead and Administrative Costs (May not exceed 10% of direct costs) Total Budget: DEFINITIONS: Personnel: Includes all employee costs, but not independent contractors or consultants.

  • Overhead and Administrative Costs: Per federal guidance, overhead and administrative costs may not exceed ten percent (10%) of the total modified costs.REQUEST FOR PROPOSALS NO.

  • Most non- profit organizations can account for Overhead and Administrative Costs at a rate of about 10% - 35% of a typical project budget.

  • Other Expenses (including independent contractors) Title: Description: Title: Description: Total Other Expenses: Direct Costs (Subtotal A through E) Overhead and Administrative Costs (May not exceed 10% of direct costs) Total Budget: DEFINITIONS: Personnel: Includes all employee costs, but not independent contractors or consultants.

  • Chapter 1-ALocal Authorities Report a Decrease in Overhead and Administrative Costs Paid for by General RevenueLocal authorities report decreasing their overhead and administrative costs in fiscal year 2004 as specified in Rider 68.

Related to Overhead and Administrative Costs

  • General and Administrative Costs means reasonable, normal and customary expenses and costs paid or payable that are classified as general and administrative costs, including salaries and all other compensation to the management of the Borrower, consulting fees, salary, rent, supplies, travel and entertainment, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Borrower.

  • Notice and Administration Costs means the costs, fees, and expenses that are incurred by the Claims Administrator and/or Lead Counsel in connection with: (i) providing notices to the Settlement Class; and (ii) administering the Settlement, including but not limited to the Claims process, as well as the costs, fees, and expenses incurred in connection with the Escrow Account.

  • Notice and Administration Expenses means all costs, fees, and expenses incurred in connection with providing notice to the Settlement Class and the administration of the Settlement, including but not limited to: (i) providing notice of the proposed Settlement by mail, publication, and other means to Settlement Class Members; (ii) receiving and reviewing claims; (iii) applying the Plan of Allocation; (iv) communicating with Persons regarding the proposed Settlement and claims administration process; (v) distributing the proceeds of the Settlement; and (vi) fees related to the Escrow Account and investment of the Settlement Fund.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

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

  • Overhead means those amounts which are intended to recover a proportion of the Supplier’s or the Key Sub-Contractor’s (as the context requires) indirect corporate costs (including financing, marketing, advertising, research and development and insurance costs and any fines or penalties) but excluding allowable indirect costs apportioned to facilities and administration in the provision of Supplier Personnel and accordingly included within limb (a) of the definition of “Costs”;

  • Direct Costs means the sum of the following:

  • Legal Expenses means the fees, costs and expenses of any kind incurred by any Person indemnified herein and its counsel in investigating, preparing for, defending against or providing evidence, producing documents or taking other action with respect to any threatened or asserted Claim.

  • 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.

  • Administrative cost means a fee imposed to cover:

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Allocable Overhead means costs incurred by a Party or for its account that are attributable to a Party’s facilities and occupancy costs, corporate bonus (to the extent not charged directly to a department), and its supervisory, payroll, information systems, human relations and purchasing functions and that are allocated to company departments based on space occupied or headcount or other activity-based method. Allocable Overhead shall not include any costs attributable to general corporate activities, including, by way of example, executive management, investor relations, business development, legal affairs and finance.

  • Direct medical education costs means costs directly associated with the medical education of interns and residents or other medical education programs, such as a nursing education program or allied health programs, conducted in an outpatient setting, that qualify for payment as medical education costs under the Medicare program. The amount of direct medical education costs is determined from the hospital base-year cost reports and is inflated in determining the direct medical education rate.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Administrative Expenses means (i) all administrative and operating costs and expenses incurred by the Partnership, (ii) those administrative costs and expenses of the General Partner, including any salaries or other payments to directors, officers or employees of the General Partner, and any accounting and legal expenses of the General Partner, which expenses, the Partners have agreed, are expenses of the Partnership and not the General Partner, and (iii) to the extent not included in clause (ii) above, REIT Expenses; provided, however, that Administrative Expenses shall not include any administrative costs and expenses incurred by the General Partner that are attributable to Properties or partnership interests in a Subsidiary Partnership that are owned by the General Partner directly.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

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

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • 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.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • 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.

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Crew Support Costs means all expenses of a general nature which are not particularly referable to any individual vessel for the time being managed by the Managers and which are incurred by the Managers for the purpose of providing an efficient and economic management service and, without prejudice to the generality of the foregoing, shall include the cost of crew standby pay, training schemes for officers and ratings, cadet training schemes, sick pay, study pay, recruitment and interviews.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.