Services Costs definition

Services Costs means the sum of the direct and indirect costs (e.g., employment costs, administrative costs, utilities, software subscriptions and all forms of overhead) of performing the Excluded Support Functions; provided that, if any such costs relate to both the provision of the Excluded Support Functions and any other business of the Management Party, then such costs shall be allocated between the Excluded Support Functions and such other business, and only the portion allocated to the Excluded Support Functions shall constitute Services Costs.

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Services Costs means the costs attributable to Development Services provided by each Party Operator as set forth in the Annual Plan and Budget or as determined pursuant to Section 2.11(d).

Services Costs has the meaning given to that term in Clause 62.1.

Examples of Services Costs in a sentence

• The Parties acknowledge and agree that the Secondment Fee is intended to cover the total cost of employing the Seconded Employees during the Period of Secondment (the “Total Services Costs”) to the extent such Total Services Costs are attributable to the provision of the Employee Functions.

• Hess shall determine in good faith the percentage of the Total Services Costs that are attributable to the provision of the Employee Functions by the Seconded Employees to the General Partner based on ▇▇▇▇’▇ then-current corporate transfer pricing policies, as generally applied in a non-discriminatory manner.

• All wages, bonuses, compensation, benefits, termination or severance expenses or liabilities, pension fund contribution obligations or liabilities, and other costs, benefits, expenses or liabilities and entitlements of or in connection with employees employed in connection with provision of the Services shall be Service Provider’s responsibility; provided, that such items shall be Functional Services Costs and will be taken into account as such for purposes of Article V.

• Borrower shall fully replace any withdrawals from the operating reserve account using available cash flow prior to use of any cash flow to pay deferred Developer Fee, partnership management or similar fees, Supportive Services Costs (when not paid as part of operating costs), or Distributions.

• For each month during the Period of Secondment, the amount of the Services Reimbursement payable by the General Partner with respect to such month shall be reduced by an amount equal to the aggregate Chesapeake Services Costs for all Shared Services Employees for such month.

More Definitions of Services Costs

Services Costs means the costs of the Services, including, without limitation, the costs of materials, contracts and labor incurred in the provision of the Services. Services Costs shall include Allocated Costs and Assigned Costs.

Services Costs means all costs incurred by the Licensor referable to providing the Services to the Licensee (including labour, employee benefits and administration, as well as other incremental costs attributable to the Services provided, but not including any costs that would otherwise be incurred by the Licensor in the normal course of its business) which will not exceed, in any one year, the maximum annual fee for that year approved by a unanimous vote of the Board of Directors of the Licensee. Term means the period from the Effective Date until the first to occur of the following events:

Services Costs has the meaning ascribed thereto in Section 3.2;

Services Costs. The compensation paid to Trilogy under this agreement will cover all costs for Trilogy personnel. Customer travel and entertainment costs for Trilogy personnel, in addition to certain third party costs, will be borne by PFNH. Trilogy will not have the right or ability to engage any third parties on PFNH's behalf without express written approval from PFNH. In addition, Trilogy will not incur any reimbursable costs, in an individual amount of $500 or greater, without express written approval from PFNH.

Services Costs means the cost to the Management Company, including VAT, of the Services to Dunas Douradas together with:

Services Costs are all direct and indirect costs incurred by Epitope in providing Services, whether paid or accrued. Services Costs shall be determined using Epitope's internal cost accounting system. Epitope shall allocate costs of personnel who provide services to both Epitope and Agritope, and indirect costs such as general and administrative costs, on a reasonable basis consistent with Epitope's internal cost accounting system. Upon reasonable notice to Epitope, Agritope personnel shall have the right to review Epitope records to verify the determination of Services Costs.

Services Costs means the costs attributable to Development Services provided by each Party Operator as set forth in the Annual Plan and Budget or as determined pursuant to Section 2.11(d). “Share of Development Costs” means, with respect to any Party, (i) such Party's Working Interest share of Development Costs to the extent such Development Costs relate to such Party's Working Interest in any Subject Asset and (ii) such Party's Participating Interest share of Development Costs in all other cases. “Subject Assets” means all right, title and interest of the Parties within the Development Area in and to the Oil and Gas Assets and any Leases and related assets acquired under ARTICLE V, insofar and only insofar as such Leases and related assets cover or relate to depths within the Marcellus Formation, in each case, in which two or more non-Affiliated Parties hold an interest. For clarity, except as expressly provided in ARTICLE V, all Leases and related assets owned by one or more Parties within the Development Area that cover depths outside the Marcellus Formation shall not be Subject Assets or subject to this Agreement. “Tax Partnership” has the meaning set forth in Section 6.1. “Tax Partnership Account” has the meaning set forth in the Acquisition Agreement. “Tax Partnership Agreement” has the meaning set forth in the Acquisition Agreement. “Tax Purposes” has the meaning set forth in Section 6.1. “Termination Date” has the meaning set forth in Section 10.1. “Third Party” or “Third Parties” means any Person not a Party or an Affiliate of a Party. “Third Party Operating Agreement” means an operating agreement to which there are Persons other than (or in addition to) the Parties and a Party Operator that are parties and that burden certain of the Subject Assets within the Development Area. “Third Party Operator” means a Third Party under a Third Party Operating Agreement that is not a Party Operator. “Total Amount” has the meaning set forth in the Acquisition Agreement. “Total Amount in Default” means, as of any time, the following amounts: