Pass-Through Expense definition

Pass-Through Expense means the actual costs and expenses incurred by a landlord that are passed on to a tenant without markup. The term does not include overhead, administrative expenses or profits.

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Pass-Through Expense means a third party expense that the Parties have agreed shall be paid directly by LS&Co. without markup, commission or rebate and administered by the Supplier. All pass-through expenses are designated in Exhibit 4.

Pass-Through Expense means the categories of expenses specified in Schedule D (Pricing Form);

Examples of Pass-Through Expense in a sentence

• Where Contractor is paying a Pass-Through Expense on LAUSD's behalf, Contractor will provide LAUSD with a reasonable opportunity to review the applicable invoice.

• For each Pass-Through Expense, Contractor will review the corresponding invoiced charges to determine whether the charges are proper and valid and should be paid, and will provide LAUSD with a statement to that effect.

• The foregoing notwithstanding, Service Provider shall comply with the terms and conditions of Section 11.2 of the Agreement with respect to the procurement and pricing of any goods or services which are designated for procurement on a Pass-Through Expense basis.

• If a Work Order provides that a Pass- Through Expense is to be paid by Contractor, Contractor will act as payment agent for LAUSD and will pay third-party charges comprising the Pass-Through Expense.

• If a Work Order provides that a Pass-Through Expense is to be paid by Contractor, Contractor will act as payment agent for LAUSD and will pay third-party charges comprising the Pass-Through Expense.

• Any fees or other expenses reasonably incurred by FIS in obtaining such licenses shall be paid by FNT as a Pass-Through Expense.

• If Service Provider should receive a refund, credit, discount or other rebate for goods or services paid for by DIR and/or the DIR Customers on a Pass-Through Expense, retained expense, cost-plus or cost-reimbursement basis, then Service Provider shall (i) notify DIR of such refund, credit, discount or rebate and (ii) pay the full amount of such refund, credit, discount or rebate to DIR or such DIR Customer.

• Payment shall be prorated to that portion of the purchase price which was not paid as a Pass-Through Expense.

• For each Pass-Through Expense, if any, WinStar shall review the invoiced charges and determine whether such charges are proper and valid.

• If licensed by AMD, Spansion will bear any associated license and maintenance fees as either a Pass-Through Expense or as part of the Fees, except to the extent already included as a Fee or Pass-Through Expense, in which case AMD shall itself bear such expense and not charge Spansion therefor.

More Definitions of Pass-Through Expense

Pass-Through Expense. All customary and reasonable actual out-of-pocket costs and expenses incurred by the Subservicer, which pursuant to customary industry standards are due and payable to a Person other than the Subservicer, which are not reimbursable to the Subservicer from the Mortgagor or the applicable Agency Requirements prohibit the netting of proceeds from the related Mortgage Loan or Mortgaged Property, and which are in the nature of an expenditure that relates to establishing, maintaining or curing the right, title or interests of the mortgagee or lender of the Mortgage Loan. Such Pass-Through Expenses shall include, but are not limited to, each of the following items:

Pass-Through Expense means an expense charged by a Third-Party Supplier for goods or services which relates to the Deliverables, is purchased by Supplier on behalf of SARS, and SARS agrees to pay on a Pass Through Expense Basis.

Pass-Through Expense means cost or an expense which ▇▇▇▇▇▇▇ has an obligation to reimburse Supplier as a result of such cost or expense expressly being designated as a pass-through expense in the Agreement, Exhibit 4 or the applicable Statement of Work.

Pass-Through Expense means expenses paid directly by JPMC to a third party vendor, or expenses incurred by Supplier on behalf of JPMC and reimbursed by JPMC to Supplier at actual cost. Supplier shall promptly provide JPMC with the original third party invoice, if a separate invoice for JPMC is received by Supplier, for such expenses together with a statement that Supplier has reviewed the invoiced charges and made a determination of which charges are proper and valid and should be paid by JPMC.

Pass-Through Expense means actual, direct expenses without administrative fee, m▇▇▇-up or margin of any kind.