Overhead Expenses definition

Overhead Expenses means all overhead costs and expenses of any of the Company Parties (including all compensation costs, including payroll, benefits and payroll taxes allocated to each of the Seconded Employees providing the Personnel Duties, or the Company’s employees providing the Company Services or the Ancillary Company Services, multiplied by the proportion of such Person’s business time spent providing Personnel Duties, Company Services or Ancillary Company Services, as applicable) to the extent related to the Personnel Duties, the Company Services or the Ancillary Company Services.
Overhead Expenses has the meaning assigned to such term in Section 9.06(a) of the Servicing Agreement.

Examples of Overhead Expenses in a sentence

  • Intake Billable to DHS Direct Expenses (Rate) $ 815,479 Total Direct Expenses $ 815,479 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Early Intervention referrals are billed at $95/individual for 30-60 minutes total during the month, and $200/individual for more than 60 minutes during the month, per Denver client, based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • During the Initial Term, the City shall pay and the Contractor shall accept, a sum not to exceed Twenty Million Dollars ($20,000,000.00) as the sole compensation for all Services provided, Administrative and Overhead Expenses incurred, and performance measures achieved in accordance with the budget categories contained in Exhibit A.

  • External Agency Initiatives Billable to DHS Employee Salaries $ 0 Temp/Contract Salaries $ 0 Fringe (24.5%) $ 0 Additional Worker’s Comp (3%) $ 0 Travel $ 0 Professional Services $ 3,237,525 Other Direct Expenses $ 0 Total Direct Expenses $3,237,525 Administrative and Overhead Expenses as Percent of Total 15.0% Note: External Agency Initiatives are billed based on RMHS’ actual direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • Family Services & Supports Billable to DHS Direct Expenses (Rate) $ 1,006,437 Total Direct Expenses $ 1,006,437 Administrative and Overhead Expenses as Percent of Total 15.0% Note: Family Support is billed at a $63.93 per Denver client, per month rate based on direct costs to which an administrative and overhead rate is applied up to the budget maximum.

  • If the City exercises its option to extend the Initial Term or the First Renewal Term, it will pay the Contractor and the Contractor shall accept as the sole compensation for all Services provided, Administrative and Overhead Expenses incurred, and performance measures achieved a sum not to exceed following amounts: First Renewal Term - Twenty-One Million Dollars ($21,000,000.00).


More Definitions of Overhead Expenses

Overhead Expenses has the meaning assigned to such term in Section 9.04(a) of this Agreement.
Overhead Expenses means costs for activities or services that benefit more than the specific project, costs that are usually allocated indirectly including building operational costs/utilities, rent/mortgage, audit and legal, office materials/supplies, equipment rental and administrative staff and materials and services purchased in bulk and /or for general organization operations.
Overhead Expenses means the ongoing operating expenses of the Company, including amounts required to reimburse the Manager for certain expenses pursuant to Section 5.5.
Overhead Expenses means amounts payable by Borrower to the Parent Companies in respect of reasonable accounting, legal, senior management, and other general expenses applicable to the ownership of Borrower and its Subsidiaries, which expenses are not specifically related to the operation of a Station (including expenses of ACME Television Holdings or any of the other Parent Companies relating to the ownership of Sylvan Tower Co., LLC but not specifically related to the operation of a Station).
Overhead Expenses has the meaning assigned to such term in Clause 8.2 of the Servicing Agreement;
Overhead Expenses. Any expenses relating to the general business operations of the Servicer, including but not limited to rental payments with respect to Servicer’s office space; expenses relating to electricity, heating and air conditioning with respect to Servicer’s office space; staff salaries, telephone, photocopying and telecopying expenses; expenses relating to benefits provided to the Servicer’s employees; taxes paid by the Servicer on its own behalf; and any other expenses relating to the general operation of its offices.
Overhead Expenses means the actual costs of cultivating Medical Marijuana incurred by the Collective including mortgage payments, rent, utilities, business and property taxes, property insurance, cultivation materials and equipment, and fees paid to comply with the requirements of this Chapter.