Overhead Allowance Clause Samples

POPULAR SAMPLE Copied 1 times
Overhead Allowance. An overhead allowance shall be established as a percentage of direct salary expenses for Basic Services, as described in Section 1.
View SourceView Similar (2)
Overhead Allowance. Provided neither Lender nor Artist willingly and knowingly breaches a material term and/or a continued series of breaches after notice thereof hereunder or under the Agreement, Silver Creek shall provide Lender with an accountable allowance in the amount of $700,000 (the “Extended Term Overhead Allowance”). The Extended Term Overhead Allowance shall be payable in accordance with the terms set forth in Paragraph 8 below, provided that on no less than a quarterly basis, Lender shall provide Silver Creek with verification of such expenses (in form and substance acceptable to Silver Creek) incurred in connection therewith. The Extended Term Overhead Allowance shall be deemed reimbursement for all accountable expenses of Lender which are deemed business expenses under the Internal Revenue Code, as applicable. In no event will Silver Creek be required to pay more than $700,000 per year for the Extended Term for Lender’s and/or Artist’s overhead expenses.
View Source
Overhead Allowance. Developer shall be paid an Overhead Allowance in connection with the work in the amount of Dollars ($ ), payable in Installments of Dollars ($ ) per month from 201 (the commencement of pre-construction activity for the Project) through occupancy of the Project by Tenant (which amount shall not be changed notwithstanding any change to the Fixed Price). Such amount shall be paid to the Developer as follows: (i) At Bond Closing, an amount equal to $ multiplied by the number of months elapsed from 201_ to the date of the Bond Closing; (ii) With each monthly Project Application for Payment prior to Final Acceptance, $ (not to exceed in aggregate, including the payment following Bond Closing), the sum of $ ; and (iii) Any unpaid balance shall be paid with the Final Payment.
View Source
Overhead Allowance. Developer shall be paid an Overhead Allowance in connection with the work in the amount of Dollars ($ ), which shall be deemed to be earned in installments of (i) Dollars ($ -) per month from (the commencement of pre-construction activity for the Project) through ; (ii) Dollars ($ ) per month from through ; and (iii) ($ ) per month from through occupancy of the Project by Tenant (which amount shall not be changed notwithstanding any change to the Fixed Price). Such amount shall be paid to Developer as follows: (i) At Bond Closing, an amount equal to Dollars ($ ) for installments accrued as of Bond Closing; (ii) With each monthly Project Application for Payment prior to Final Acceptance, Dollars ($ ) (not to exceed in the aggregate, including the payment following Bond Closing, the sum of Dollars ($ )); and (iii) Any unpaid balance shall be paid with the Final Payment.
View Source

Related to Overhead Allowance

  • Cleaning Allowance The University will pay for the cleaning of Department issued uniforms and necessary work clothing requiring cleaning worn by employees assigned to non-uniformed positions.

  • Aid Allowance An employee who has been appointed by the Employer and trained to render first aid and who is the current holder of appropriate first aid qualifications such as a certificate from the St. ▇▇▇▇'s Ambulance or similar body shall be paid weekly an allowance as detailed in Appendix A. The Employer will always appoint the appropriate number of First Aid Officers as required by relevant legislation and Code of Practice.

  • Expense Allowance Out of the proceeds of each Closing, the Company also agrees to pay ▇▇▇▇▇▇▇▇▇▇ (a) a management fee equal to 1.0% of the gross proceeds raised in each Offering; (b) $35,000 for non-accountable expenses (to be increased to $50,000 in case of a public Offering); (c) up to $50,000 for fees and expenses of legal counsel and other out-of-pocket expenses (to be increased to $100,000 in case of a public Offering); plus the additional amount payable by the Company pursuant to Paragraph D.3 hereunder and, if applicable, the costs associated with the use of a third-party electronic road show service (such as NetRoadshow); provided, however, that such amount in no way limits or impairs the indemnification and contribution provisions of this Agreement.

  • Mileage Allowance The state agrees to seek continued funding to provide for the payment of a mileage allowance for the use of privately owned vehicles for official travel at the rate provided in section 112.061(7)(d)1., F.S.

  • Shift Allowance In addition to the wage specified in sub-clause (1), read with sub- clause (12), a normal shift worker shall, in respect of his shift hours worked in any week, be paid an additional 12,5% on such wage.