Permitted Costs definition

Permitted Costs means any costs directly attributable to Commercialisation, supply, sale, lease or transfer of any Products and actually allowed and borne by the Licensee, but only to the extent such costs are specified in section 4 of Schedule 3.

Permitted Costs means the following costs, fees and expenses in relation to the Portfolio incurred by the Issuer:

Permitted Costs means costs incurred towards third parties by or on behalf of the Issuer on arm's lengths terms for the purpose of the Issuer's business (including value added tax, if any).

Examples of Permitted Costs in a sentence

• Upon completion of Tenant's Improvements and in consideration of Landlord administering the construction of Tenant's Improvements, Tenant agrees to pay Landlord a fee equal to five percent (5%) of the Contract Sum to construct Tenant's Improvements (the "Construction Management Fee") (the foregoing costs are collectively referred to as the "Permitted Costs").

• If the sum of the Permitted Costs exceeds the Finish Allowance, then Tenant shall pay all such excess costs (“Excess Costs”), provided, however, Landlord will, prior to the commencement of construction of Tenant’s Improvements, advise Tenant of the Excess Costs, if any, and the Contract Sum.

• If the sum of the Permitted Costs exceeds the Finish Allowance, then Tenant shall pay all such excess costs ("Excess Costs"), provided, however, Landlord will, prior to the commencement of construction of Tenant's Improvements, advise Tenant of the Excess Costs, if any, and the Contract Sum.

• Tenant shall have no right to submit any requisition to Landlord on account of Permitted Costs until Tenant has submitted to Landlord a detailed good faith budget (“Budget”) of Permitted Costs.

• In the event of a claim or claims arising which appear likely to exceed the Primary and Underlying Excess Limit(s), no Permitted Costs shall be incurred by the Insured without the consent of the Insurers.

More Definitions of Permitted Costs

Permitted Costs means interest accruing after entry of judgement, investigation, adjustment and legal expenses (excluding however all expenses for salaried employees of the Insured and general retainer fees for Counsel normally paid by the Insured).

Permitted Costs means, in respect of a period, the following costs and expenses paid by LTES Operator in respect of the Project in that period (without double counting):

Permitted Costs means costs, fees and expenses relating to:

Permitted Costs means costs incurred towards third parties by the Issuer on arm's lengths terms in the ordinary course of business (including value added tax, if any).

Permitted Costs means (i) fees and expenses (other than the Set-Up Costs) of rating agencies, legal advisers, accountants and auditors of the Issuer, (ii) agreed fees to the arranger of the issue of the Notes, (iii) fees payable by the Issuer to the Account Bank in respect of the Issuer Bank Accounts and the Custodial Account, (iv) fees payable by the Issuer in respect of the Pledged Rated Account, (v) fees and interest payable by the Issuer in respect of the Account Guarantee, the Back-up Guarantee and the Liquidity Guarantee(vi) fees payable by the Issuer to the CSD, the Issuing Agent, the Swedish Financial Supervisory Authority and listing fees for the Notes, (vii) stamp duty and administration fees for additional mortgage certificates applied for from time to time in respect of any Transferred Promissory Note, (vii) costs incurred in finding a new substitute custodian, manager or servicer or a new standby custodian servicer or manager and costs incurred in relation to transferring the relevant services to such new substitute custodian, manager or servicer, which according to the relevant Transaction Document shall be borne by the Issuer, and (ix) any other sums due to third parties under obligations incurred in the course of the Issuer’s business.

Permitted Costs means, in respect of a period, the following direct costs and expenses reasonably and properly incurred by the Operator on a cash flow basis in respect of the Project in that period (without double counting): the costs in relation to the import of electricity from the Network for the Project, including any costs incurred on arm’s length terms on account of Green Products required by Law (or required to avoid a shortfall charge imposed by Law) to be acquired or surrendered in respect of such electricity; the costs incurred by the Project in respect of any Ancillary Services, Network Support Services or System Support Services; any other amounts incurred by the Operator under the National Electricity Rules in relation to the Project; any payments under any Offtake Contract, provided that an Offtake Contract will not qualify under this paragraph (d) if the counterparty to the Offtake Contract is a Related Body Corporate of the Operator and the Operator has not demonstrated to the Commonwealth’s reasonable satisfaction that the arrangement is on arm’s length terms; and any other costs and expenses the Operator and the Commonwealth agree are Permitted Costs, but excluding: operating costs (other than those listed in paragraph (a) and (b) above), maintenance costs and other capital costs; any Taxes (and GST, in accordance with clause 20.5(a)); any fines or penalties (including fines or penalties under the National Electricity Law or the National Electricity Rules); any damages (including liquidated damages,), warranty payments, or payments related to non-performance under an Offtake Contract; and any interest, margin, guarantee or letter of credit fees, line fees, commitment fees, establishment fees, underwriting fees, discount, rent under finance leases or hire purchase or other one-off or recurrent payments in the nature of the foregoing (including gross-ups and recurrent increased cost or reduced yield indemnity payments) payable by the Operator in relation to any debt financing for the Project.

Permitted Costs means any expenditure or commitment incurred or committed to by the Corporation and the Subsidiaries in accordance with the Agreed Pain Project Budget or the Agreed Xxxxxxxxx'x Project Budget or to pay salaries of employees of the Corporation and overhead costs at the same level as at the date of this Agreement, and approved pursuant to the Principal Purchase Agreement;