Overhead Fee definition

Overhead Fee means 10% of all Expenditures (other than the Overhead Fee) during the period prior to the completion of a Bankable Feasibility Report and 3% of all Expenditures (other than the Overhead Fee) thereafter.
Overhead Fee means the monthly amount Owner pays to Builder for Builder’s division and corporate overhead with respect to the Project.1
Overhead Fee. <<FEE AMOUNT IN WORDS>> Dollars ($<<###.##>>) Staffing Fee: (check one) ☐ equal to the Staffing Costs in accordance with Section 16.4 of the General Conditions, or ☐ a stipulated sum of <<FEE AMOUNT IN WORDS>> Dollars ($<<###.##>>)

Examples of Overhead Fee in a sentence

  • A construction management fee in an amount equal to twenty percent (20%) of Reimbursable Costs (excluding the Overhead Fee and Sales and Marketing Fee) which amount shall be payable monthly (the “Management Fee”).

  • In connection therewith, Builder and Owner will deliver joint escrow instructions to the escrow holder, pursuant to which in connection with all homebuyer Residence closings: (a) Builder will receive payment of Reimbursable Costs, Management Fee, Sales and Marketing Fee, Overhead Fee, and other amounts payable by Owner to Builder and (b) Owner will receive the remaining net proceeds of such sale.

  • Owner shall pay Builder the Reimbursable Costs, the Management Fee, the Sales and Marketing Fee and the Overhead Fee on a monthly basis (each, a “Monthly Payment” and collectively, the “Monthly Payments”) within five (5) business days after Builder’s submission to Owner of a customary application for payment accompanied by customary lien releases from major Contractors which performed the Construction Work covered by Builder’s application for payment request.


More Definitions of Overhead Fee

Overhead Fee has the meaning provided in Section 8.1(c).
Overhead Fee has the meaning set forth in Section 7.4.1.
Overhead Fee means (a) with respect to the 2014 calendar year, an amount equal to Two Hundred Thirty-Five Thousand Dollars ($235,000) pro rated based on the number of days remaining in the 2014 calendar year after the Effective Date using a three hundred sixty-five (365) day calendar year, and (b) with respect to each calendar year following the 2014 calendar year, an amount equal to Two Hundred Thirty-Five Thousand Dollars ($235,000).
Overhead Fee means 10% of all Expenditures (other than the Overhead Fee) during the period prior to the completion of a Bankable Feasibility Report and 3% of all Expenditures (other than the Overhead Fee) thereafter.(o)
Overhead Fee means the portion of "Basic Compensation" payable to Cogentrix Virginia pursuant to Section 7.01 of the Operation and Maintenance Agreement for "other personnel provided and services rendered."

Related to Overhead Fee

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

  • 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.

  • 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.

  • 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.