Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.
Program Expenses means all of the following:
Program Expenses means the expenses authorized to be incurred by the Bond Bank from time to time in connection with the implementation, operation and continuation of the Program, as set forth in the Indenture.
Examples of Program Expenses in a sentence
For purposes of Section 5.3(G) of the Master Indenture, with respect to the 2024 Series C Bonds, (i) Program Expenses representing expenses of the Authority and the Authority's Administrative Fee shall not exceed 0.25% of the principal amount of 2024 Series C Bonds Outstanding as of the first day of any Fiscal Year; and (ii) Program Expenses representing regular Trustee's fees shall not exceed 0.03% of the principal amount of 2024 Series C Bonds Outstanding as of the first day of any Fiscal Year.
More Definitions of Program Expenses
Program Expenses means Development Costs, Commercialization Costs, Medical Affairs Costs, Patent Costs and Other Out-of-Pocket Costs.
Program Expenses means all of the fees and expenses of the Trustee relating to the Bonds or City Bond and costs of determining the amount rebatable, if any, to the United States of America under Section 6.11 hereof, all to the extent properly allocable to the Program and approved in writing by the Bank.
Program Expenses means, collectively, Fixed Program Expenses and Extraordinary Program Expenses.
Program Expenses means an amount equal to one-twelfth the product of (i) the Floating Allocation Percentage, (ii) the Series 2017-One Allocation Percentage and (iii) indemnification amounts owed to the Indenture Trustee and the Owner Trustee pursuant to the Transaction Documents.
Program Expenses means, for any given Program Year, applied on a consistent basis and in accordance with GAAP and the terms of this Agreement, the sum (without duplication) of (i) the aggregate Approved Expenses for such Program Year and (ii) the Cost of Goods Sold for such Program Year.
Program Expenses means all of the fees and expenses of the Trustee, to the extent properly allocable to the Program.
Program Expenses means all the Authority’s expenses of administering its activities under the Indenture and the Act. Such expenses may include without limiting the generality of the foregoing;