Indirect Expenses. BlackRock and the Fund acknowledge and agree that the Fund's Operating Expenses include the Fund's allocated portion of Operating Expenses incurred indirectly at the Master Fund level. BlackRock acknowledges that, in order to maintain the Fund's Operating Expenses below the Operating Expense Limit, part of its liability for any Excess Amount may require it to pay a portion of the Master Fund's Operating Expenses. The Fund acknowledges that BlackRock's payment of a portion of the Master Fund's Operating Expenses in order to maintain the Fund's Operating Expenses below the Operating Expense Limit may benefit other feeder funds investing in the Master Fund to a greater degree than the Fund. Moreover, the Fund also acknowledges that, to the extent BlackRock pays a portion of the Master Fund's Operating Expenses in order to maintain another feeder fund's operating expenses below such feeder fund's operating expense limit pursuant to an expense limitation agreement between BlackRock and such feeder fund, such payment may result in the Fund's Operating Expenses being below the Operating Expense Limit and the Fund owing BlackRock a Reimbursement Amount pursuant to Section 2 hereof.
Indirect Expenses. Camp overhead and facilities such as shore base, warehouses, water systems, road systems, salaries and expenses of field supervisory personnel, field clerks, assistants, and other general employees indirectly serving the Area.
Indirect Expenses. Except as specified above, no other charges shall be made for direct or indirect expenses incurred by CONTRACTOR in performing the services in the Scope of Services including for administrative overhead, salaries of CONTRACTOR’S employees, travel expenses or similar matters.
Indirect Expenses. It is the intent of the Members that all expenses incurred in connection with the LLC at the Member level shall be considered compensated by virtue of the 2.5% fee described above. Overhead: Additional overhead costs are allocable to the LLC by the Members for labor and expenses associated with activities that are not directly related to sales and marketing services provided to the LLC by TAG MEX and production related services provided to the LLC by Azteca, including, but not limited to, costs incurred in association with administration, accounting, order/entry, payroll processing, inventory, regulatory compliance and legal matters. All such overhead allocations are subject to review and approval by a majority of the authorized number of Managers. Pricing: From the Members to the LLC The Members will each bill the LLC for any manufacturing and development services that thxx xrovide to the LLC in accordance with the price lists attached hereto as Exhibits B-2 and B-3. All prices shall be subject to review by the Managers on a seasonal basis.
Indirect Expenses. 2.10.1. While Estelar is the OPERATOR, the OPERATOR will attribute general expenses charged by its parent company for consulting and general assistance not foreseen in the AGREEMENT to JOINT OPERATIONS where such charges have been included in the BUDGET approved by the OPERATING COMMITTEE. Such charges may include the following among others and will be charged to JOINT OPERATIONS on a monthly basis: · Executive and Administrative · Treasury and Financing · Tax and Legal · Human Resources · Safety · Accountancy and Internal Control · Budgets and Estimates · Health and Safety Measures · Communication · Data processing
Indirect Expenses. Base overhead and facilities such as shore base, warehouses, water systems, road systems, salaries and expenses of field supervisory personnel, field clerks, assistants, and other general employees indirectly serving the Project Area. Commissions and marketing or brokerage fees related to sale of Petroleum.
Indirect Expenses. Each Feeder Fund’s Expense Limitation includes the Feeder Fund's allocated portion of operating expenses incurred indirectly at the Master Fund level. The Adviser will not reimburse operating expenses at the Feeder Fund level in excess of the operating expenses incurred directly by such Feeder Fund. Therefore, the Adviser and each Feeder Fund acknowledge and agree that, in order to maintain a Feeder Fund’s annual expenses at or below the applicable Expense Limitation, the Adviser may be required to waive a portion of the management fee paid by the Master Fund and/or reimburse the Master Fund for operating expenses incurred by the Master Fund. Each Feeder Fund acknowledges that any such waiver or reimbursement at the Master Fund in order to maintain such Feeder Fund’s operating expenses at or below the applicable Expense Limitation may benefit other feeder funds investing in the Master Fund to a greater degree than such Feeder Fund. Moreover, each Feeder Fund also acknowledges that, to the extent the Adviser waives a portion of the management fee paid by the Master Fund and/or reimburses the Master Fund for operating expenses incurred by the Master Fund in order to maintain another feeder fund's operating expenses at or below the other feeder fund's Expense Limitation, such payment may result in the Feeder Fund's operating expenses being below the Expense Limitation, which may result in amounts previously waived or reimbursed being subject to recoupment pursuant to Section 2 hereof.
Indirect Expenses. A/E fee, survey, geotechnical, permits, testing, reimbursables, project management, special inspections, utility connections, insurance, relocation expenses, etc.
Indirect Expenses. Indirect Expenses are all fees and expenses of SWFSC incurred on behalf of the Trust Companies other than Direct Expenses . Indirect Expenses include the salaries of the Leased Employees providing services to the Trust Companies required by the Trustee. Leased Employees' salaries shall be charged to the Trust Companies at the rate of one hundred (100%) of such Leased Employees' regular monthly salaries multiplied by the percentage of time for pay purposes such Leased Employees actually worked for the Trust Companies during the month in question. All other Indirect Expenses incurred by SWFSC on behalf of the Trust Companies will be charged to the Trust Companies each month at a rate equal to sixty percent (60%) of the actual amount of salaries charged to the Trust Companies for the Leased Employees providing services to the Trust Companies during that calendar month.
Indirect Expenses. A total of $10,119 is requested for Indirect Expenses to cover day-to-day administrative and overhead costs that are not easily distinguishable to a specific project. This includes, but is not limited to, accounting/fiscal support, human resources support, miscellaneous fees, insurance costs, and other operating expenses. TUSD Indirect Cost Rate is currently estimated at 4.05 percent of Total Personnel Including Benefits and Total Operating Expenses. TUSD selects Option #4: California Department of Education (CDE) determined Indirect Cost Rate. If the CDE increases the rate during the year, TUSD reserves the right to submit a budget revision to increase indirect cost up to the allowed rate ($249,847 x 4.05% =
