Unabsorbed Cost Carry Sample Clauses

Unabsorbed Cost Carry. Forward Provision. For any extension year in which the Contractor shall not be able to justify the maximum allowable rate(s) increase(s) for any one or more of Extension Years 2000-01 to 2004-05, the Contractor shall be entitled to use an "unabsorbed cost carry-forward(s)" as a supplemental device to achieve a greater allowable rate(s) increase(s). To be eligible for an 'unabsorbed cost carry-forward(s),' the Contractor must detail in writing all total net allowable costs from each set of two comparison years from which any unabsorbed costs shall be derived as well as the total percentage of actual cost increase and the unabsorbed percentage of cost increase. The Director may prescribe additional conditions of eligibility as reasonably appropriate. When eligible and entitled hereunder, the Contractor may carry forward 'below-the-line' any previously unabsorbed actual costs from any sets of comparison periods as heretofore expressed at Paragraph 1(a)-(e) of ARTICLE V-A or 28(C) of the Contract to supplement those cost increases that are used to justify augmentations of the daily rate(s) per vehicle for Extension Years 2000-01 through 2004-05. The term 'below-the-line' is hereby defined to mean that previously unabsorbed cost increases, which are carried forward, are deemed as allocated to the extension year(s) of accrual and not to the subsequent extension year(s) to which they are carried forward and applied both supplementally and 'below-the-line' as prior cost increases that have not as yet been absorbed by the lesser of an annual CPI increment or a fixed annual rate increase cap. Once an item of previously unabsorbed cost increase shall have been carried forward and applied 'below-the-line' to a give extension year, that item may not be used again in any later extension year.
Sample 1
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Unabsorbed Cost Carry. Forward Provision. For any extension year in which the Contractor SHALL NOT be able to justify the maximum allowable rate(s) increase(s) for any one or more of Extension Years 2005-06 to 2009-10, the Contractor shall be entitled to use the Unabsorbed Percentage Cost Increases, if any, as a supplemental device to achieve a greater allowable rate(s) increase(s). To be eligible to apply Unabsorbed Percentage Cost Increases, the Contractor must detail in writing the Total Allowable Costs from each set of two comparison years from which any Unabsorbed Percentage Cost Increases shall be derived as well as the total percentage of actual cost increase and the unabsorbed percentage of cost increase. When eligible and entitled hereunder, the Contractor may carry forward 'below-the-line' any previously Unabsorbed Percentage Cost Increases from any sets of comparison periods, as heretofore expressed at PARAGRAPH 1(A)-(E) of ARTICLE V-A or 28(C) of the Contract, to supplement those cost increases that are used to justify augmentations of the daily rate(s) per vehicle for Extension Years 2005-06 through 2009-10. ___________________________
Sample 1

Related to Unabsorbed Cost Carry

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Attorneys’ Fees and Cost of Collection In the event any suit, action or arbitration is filed by either party against the other to interpret or enforce any of the Transaction Documents, the unsuccessful party to such action agrees to pay to the prevailing party all costs and expenses, including attorneys’ fees incurred therein, including the same with respect to an appeal. The “prevailing party” shall be the party in whose favor a judgment is entered, regardless of whether judgment is entered on all claims asserted by such party and regardless of the amount of the judgment; or where, due to the assertion of counterclaims, judgments are entered in favor of and against both parties, then the arbitrator shall determine the “prevailing party” by taking into account the relative dollar amounts of the judgments or, if the judgments involve nonmonetary relief, the relative importance and value of such relief. Nothing herein shall restrict or impair an arbitrator’s or a court’s power to award fees and expenses for frivolous or bad faith pleading. If (i) the Note is placed in the hands of an attorney for collection or enforcement prior to commencing arbitration or legal proceedings, or is collected or enforced through any arbitration or legal proceeding, or Investor otherwise takes action to collect amounts due under the Note or to enforce the provisions of the Note, or (ii) there occurs any bankruptcy, reorganization, receivership of Company or other proceedings affecting Company’s creditors’ rights and involving a claim under the Note; then Company shall pay the costs incurred by Investor for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, without limitation, attorneys’ fees, expenses, deposition costs, and disbursements.

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • DIRECT CHARGES 3.1 The Operator shall charge the Joint Account with the following items:

  • Transportation Costs The cost of transporting a Warranted Part claimed to be defective to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted Part shall be borne by the Buyer.

  • COST OF THE WORK (1) The term “

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

  • Business Continuity and Disaster Recovery Bank shall maintain and update from time to time business continuation and disaster recovery procedures with respect to its global custody business, which are designed, in the event of a significant business disruption affecting Bank, to be sufficient to enable Bank to resume and continue to perform its duties and obligations under this Agreement without undue delay or disruption. Bank shall test the operability of such procedures at least annually. Bank shall enter into and shall maintain in effect at all times during the term of this Agreement reasonable provision for (i) periodic back-up of the computer files and data with respect to Customer and (ii) use of alternative electronic data processing equipment to provide services under this Agreement. Upon reasonable request, Bank shall discuss with Customer any business continuation and disaster recovery procedures of Bank. Bank represents that its business continuation and disaster recovery procedures are appropriate for its business as a global custodian to investment companies registered under the 1940 Act.

  • Collection Costs In addition, the Issuer will pay the costs of collection, including all amounts owed to the Indenture Trustee under Section 6.7.

  • MORTALITY AND EXPENSE RISK CHARGE In calculating unit values We will deduct a mortality and expense risk charge from the variable subaccounts which is equal, on an annual basis, to a percentage of the daily net asset value. This percentage is the Annual Mortality and Expense Risk Fee shown under Contract Data. The deduction is made to compensate Us for assuming the mortality and expense risks under contracts of this type. The deduction will be:

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