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

  • The amount recoverable for Business Overhead Expenses per month shall not exceed 15% of the Monthly Benefit amount or £4,500, whichever is the lesser, and shall be payable for a maximum period of 12 months in all.All benefits payable under provision 7 above shall be paid monthly and will reduce the amount of the Maximum Policy Benefit that remains available to pay any other form of benefit under this Policy.

  • Overhead Expenses includes Engineering and Administrative Supervision, Transportation allowances, Office Expenses, Premium on Contractor’s All Risk Insurance (CARI) and Financing Cost.

  • In addition to recovery of the aforesaid cost, a sum equal to 25% (twenty five per cent) of such cost shall be paid by the Concessionaire to Maha-Metro as Damages /Overhead Expenses.

  • Overhead Expenses includes Engineering and administrative Supervision, Transportation allowances, Office Expenses, Premium on Contractor’s All Risk Insurance (CARI) and Financing Cost.

  • Capital Overhead Expenses are rarely utilized for HCBS services, but may include items such as massage tables for massage therapy, or supplies for art and play therapy.


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.