Program Expenses definition

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

• Line 23 Total Direct And Administrative Expenses Line 23 is the total of Line 21, Total Direct Program Expenses, and Line 22, Administrative Expenses.

• Xxxxxxx Xxxxxx BUDGET AGREEMENT Original Amendment AMENDMENT # 0 CITY Flint STATE MI ZIP CODE 48502-1540 FEDERAL ID NUMBER 00-0000000 Category Amount Total DIRECT EXPENSES Program Expenses 1 Salary & Wages 0.00 0.00 2 Fringe Benefits 0.00 0.00 3 Cap.

• RSI Reimbursement to the PROGRAM SPONSOR through this Agreement are limited to Program Expenses which consist of the following: (i) expenditures made by the PROGRAM SPONSOR in support of the RSI services provided by the PROGRAM SPONSOR; (ii) the operation and maintenance of the PROGRAM SPONSOR’s training programs and/or center(s); and (iii) expenditures for equipment, tools, supplies and materials necessary to provide the RSI services.

• The Lessee agrees to pay to the Trustee, as the assignee of the Lessor, all Program Expenses of the Lessor charged to the Lessee and Program Expenses charged to the Lessee by the Trustee as provided in the Trust Agreement.

• A Change in Net Assets is the difference in a given Fiscal Year between the Program Revenues and Program Expenses as certified by an independent audit in accordance with Generally Accepted Accounting Principles (GAAP).

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, 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 and costs of determining the amount rebatable, if any, to the United States of America under the Indenture, all to the extent properly allocable to the Program.

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;