Reimbursable Commercial Costs definition

Reimbursable Commercial Costs means Premarketing Expenses, Marketing Costs, Sales Costs, Other Out-of-Pocket Costs and Ongoing Development Expense.
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Reimbursable Commercial Costs means Distribution Costs, Marketing Costs, ongoing, Development Expense, Other Out of Pocket Costs and Sales Costs.
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Reimbursable Commercial Costs shall have the meaning defined in Exhibit A. ---------
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Examples of Reimbursable Commercial Costs in a sentence

  • Within [***] after the end of each Calendar Quarter, ELAN shall submit to CAT a written summary of all Reimbursable Commercial Costs incurred by it in performing its activities in connection with the Commercialization of Collaboration Products in the Territory, charged to its Marketing Account during such Calendar Quarter, which summary shall be accompanied, upon prior written request, by reasonable supporting documentation for such expenses.

  • Reimbursable Commercial Costs charged by ELAN to its Marketing Account in accordance shall not be in an amount in excess of [***] of the amount included for such expenses in the then current Annual Commercialization Plan, unless the JSC approves such excess expenses.

  • As applicable, Gross Sales, Sales Returns and Allowances, Net Sales, Reimbursable Commercial Costs incurred by ELAN shall be translated into United States dollars in accordance with ELAN's customary and usual currency conversion procedures, consistently applied.

  • Each Party shall be responsible for expenses incurred by its employees and its members of the JSC in attending or otherwise participating in JSC meetings and, for the avoidance of doubt, such expenses shall not be considered Research Expenses, Development Costs or Reimbursable Commercial Costs.

  • Subject to reconciliation as provided in Section 7.1.10(c) and (d), as applicable, ELAN shall be responsible and pay for all Reimbursable Commercial Costs incurred by it in performing its activities in connection with the Commercialization of Collaboration Products in the Territory.

  • Expenses charged by either Party as Development Costs or Reimbursable Commercial Costs shall not exceed *** of the amount included for the total expenditure in the then current Development Plan, Annual Workplan/Budget, Commercialization Plan or Annual Commercialization Plan/Budget, as the case may be, unless the Joint Project Team or JCT, as appropriate, recommends, and the JSC approves such excess expense.

  • If such negotiation results in a consummated agreement approved by both Parties, the executing Party shall make all payments to the Third Party and such payments shall be deemed Third Party License Fees for purposes of this Agreement and the paying Party shall be reimbursed for payment of such fees in accordance with Section 4.6(e) or as part of Reimbursable Commercial Costs under Section 6.2.

  • The Parties shall split Reimbursable Commercial Costs in accordance with the Parties' respective Percentages, and in accordance with the procedures described in the Financial Planning, Accounting and Reporting Procedures attached hereto as Exhibit B.

  • Elan shall be entitled to credits against its share of Reimbursable Commercial Costs otherwise owed to Biogen under this Section in the amount of *** and any additional amounts set forth below upon occurrence of the corresponding triggering event.

  • The Parties shall equally share in the reasonable litigation expenses, including settlement costs, royalties paid in settlement of any such suit, and the payment of any damages to the Third Party, other than Third Party License Fees which shall be paid pursuant to Section 4.6(e) or as part of Reimbursable Commercial Costs under Section 6.2.

Related to Reimbursable Commercial Costs

  • 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.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Operational Costs means costs and expenses incurred by the Managers on behalf of the Owners to operate and maintain the Vessel including Communication Expenses and EDP Expenses;

  • Unallowable Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Gross Operating Expenses shall include (i) all costs and expenses of operating the Hotel included within the meaning of the term “Total Costs and Expenses” contained in the Uniform System and, (ii) without duplication, the following: all salaries and employee expense and payroll taxes (including salaries, wages, bonuses and other compensation of all employees of the Hotel, and benefits including life, medical and disability insurance and retirement benefits), expenditures described in Section 9.1, operational supplies, utilities, insurance to be provided by Lessee under the terms of this Lease, governmental fees and assessments, common area maintenance costs and other common area fees and assessments, food, beverages, laundry service expense, the cost of Inventories, license fees, advertising, marketing, reservation systems and any and all other operating expenses as are reasonably necessary for the proper and efficient operation of the Hotel and the Leased Property incurred by Lessee in accordance with the provisions hereof (excluding, however, (i) federal, state and municipal excise, sales and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes paid over to federal, state or municipal governments, (ii) the cost of insurance to be provided under Article 13, (iii) expenditures by Lessor pursuant to Article 13 and (iv) payments on any Mortgage or other mortgage or security instrument on the Hotel); all determined in accordance with generally accepted accounting principles. No part of Lessee’s central office overhead or general or administrative expense (as opposed to that of the Hotel), and no operating expenses paid or payable by tenants under Space Leases, shall be deemed to be a part of Gross Operating Expenses, as herein provided. Reasonable out-of-pocket expenses of Lessee incurred for the account of or in connection with the Hotel operations, including but not limited to postage, telephone charges and reasonable travel expenses of employees, officers and other representatives and consultants of Lessee and its Affiliates, shall be deemed to be a part of Gross Operating Expenses and such Persons shall be afforded reasonable accommodations, food, beverages, laundry, valet and other such services by and at the Hotel without charge to such Persons or Lessee.

  • Out-of-Pocket Expenses means expenses involving a payment to a Third Party (other than an employee of the Party making the payment).

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk’s office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replace- ments and office automation and information technol- ogy equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Approved Operating Expenses operating expenses incurred by Borrower which (i) are included in the Approved Operating Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property or (iii) have been approved by Lender, such approval not to be unreasonably withheld, conditioned or delayed.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Direct Costs means the sum of the following:

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Marketing Expenses means, with respect to a Product, the sum of Marketing Management Expenses, Advertising and Market Research Expenses, and Medical Education Expenses relating to such Product.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Program Costs means all necessary and incidental costs of providing program services.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.