VARIABLE COST Clause Samples

The VARIABLE COST clause defines how costs that fluctuate based on usage, production levels, or other changing factors are handled within an agreement. Typically, this clause outlines which expenses are considered variable, how they are calculated, and the method for adjusting payments as these costs change—such as utility charges that depend on actual consumption or material costs tied to market prices. Its core function is to ensure that both parties understand and agree on how variable expenses will be managed, thereby allocating financial risk and promoting transparency in cost adjustments throughout the contract term.
POPULAR SAMPLE Copied 1 times
VARIABLE COST. “Variable Cost” are the costs that change with the quantity of revenue hours for the My Ride service changes. Variable Costs are the sum of operational costs that the variable sum changes in direct relation to the number of revenue hours.
View SourceView Similar (2)
VARIABLE COST. Party A shall also receive as operator the Variable Cost for each KWH of Excess On-Grid Quantity but shall not be entitled to the Approved Generation Cost.
View SourceView Similar (2)
VARIABLE COST. 9 2.44 Year...................................................... 9 ARTICLE III OBJECTIVES.............................. 9 3.1 Purpose................................................... 9
View SourceView Similar (2)
VARIABLE COST. If used, the company shall be charged the costs of the services as shown in the table below: Calculation of Willful Events (per willful calculation) EXEMPT Bradesco Account Holder 1.50 Account Holder of other Banks (not including the Central Bank rate) 2.50 At Bradesco Branches 2.50 Approved Event (Stock Dividend, Stock Split, Reverse Split, Subscription, Redemption, Cancellation, Merger, Spin-off and other resolutions) EXEMPT Registration of Liens (Connections and Releases) 3.00 Custody Operation (CBLC (Brazilian Settlement and Custody Company)/CETIP (Center of Custody and Financial Settlement of Securities) Deposit and Withdrawal) 3.00 Transfer between Accounts (Causa Mortis, Off-Board, Gift, Account Grouping, Court Order, etc.) 3.00 Change of Register 3.00 Credit and Receipt Notices, Proof of JSCP-IN SRF 41, Earnings Statements, Stock Operation Statement and Subscription Instrument, Business Reply Mail to Investors (surveys and information request). If any, it shall be agreed with PRINCIPAL SUBSCRIPTION (per effective instrument) 4.00
View SourceView Similar (2)
VARIABLE COST. At the end of the first year from COD, the variable costs incurred during the year shall be verified and audited by the survey team. For the first year of Operations, such costs shall be calculated as detailed out in Schedule 1. It may be used for 5 years by inflating it by WPI and survey may be repeated after every five years.
View Source
VARIABLE COST. If used, the company shall pay the respective amounts according to the following table: Calculation of Approved Events (per approved event) 559.62 Bradesco’s current account owner Exempt Current account owner of other banks (not including the fee charged by the Central Bank of Brazil) 2.80 In Bradesco’s branches 3.49 Approved Event (Bonus, Splitting, Grouping, Subscription, Redemption, Cancellation, Merger, Spin-off and other resolutions) Exempt Registry of encumbrances (obligations and releases) 2.10
View Source
VARIABLE COST. Additional services will be charged by the fees provided in the table below: ISSUANCE OF NOTICES (per unit issued, not including postage cost) Credit and Receipt Notices, Proof of Interest on Equity – IN SRF 41, Income Reports, Movement Statements and Subscription Bulletins, Investor Response Letters (inquiries and information requests). 1.00 Income Report (generation of digital report) per shareholder 0.50 SUBSCRIPTION Capital Increase (per bulletin processed) 4.00 Individuals – unit cost per vote cast through BRADESCO as Bookkeeper only Legal Entities – unit cost per vote cast through BRADESCO as Bookkeeper only 10.00 50.00 SPECIFIC REPORTS/SERVICES REQUESTED Upon request Considering the above-mentioned costs, the following services will be made available to the CONTRACTING PARTY: Investor services through the entire Bradesco branch network; Maintenance of the investor database, documentation of investor records, and archiving/microfilming of submitted documents; Preparation and availability of management reports regarding the active investor base, such as: Registration, Positions, Transactions, Remunerated Events (dividends / interest on equity), Non-remunerated Events (bonus shares, stock splits, subscriptions), and Investors under custody at CBLC, as well as custody transactions carried out at B3/CBLC, in the “format” and “frequency” previously agreed upon by the company; Access to the Bradesco Bookkeeping System (via internet) for retrieval of investor information (shareholding position, history, transactions, paid and/or pending dividends/interest on equity, list of investors), reflecting the records held by Bradesco and CBLC. The system also enables the electronic generation of reports in TXT or EXCEL format; To enable payment of declared events (Interest on Equity, Dividends, and others), the CONTRACTING PARTY may make the necessary funds available in a Bradesco current account by 10:00 a.m. on the actual payment date of the event; Forms for Bookkeeping Procedures (Registration Amendments, Transfer Orders, Information Requests, and Inquiries);Inclusion of the company’s logo in the shareholding movement statements.
View Source
VARIABLE COST. If they are used, the company shall be charged the values of the services according to the table below: Calculation of Events resolved upon (by calculation resolved upon) FREE Bradesco account holder 0.36 Account Holder at other Banks (not including the Central Bank of Brazil fee) 1.37 At Bradesco Branches 2.50 Ratified Event (Bonus, Split, Reverse Split, Subscription, Redemption, Cancellation, Consolidation, Spin-off, and other resolutions) FREE Registration of Encumbrances (Links and Releases) 0.77 Custody Transfers (CBLC/CETIP Deposit and Withdrawal) 0.77 Transfer between Accounts (Death, Off-Stock Exchange, Donation, Grouping of Accounts, Court Order, etc.) 0.77 Change in Registration 0.77 Credit and Receipt Notices, Proof of JSCP- SRF IN 41, Income Reports, Share Transaction Statement and Subscription Slip, Response Letter to Investors (surveys and requests for information). 0.45 SUBSCRIPTION (per effective slip) 1.90
View Source
VARIABLE COST. The following variable costs can be identified and estimated for charging the SPV:
View Source

Related to VARIABLE COST

  • VARIABLE INTEREST RATE The interest rate on this Note is subject to change from time to time based on changes in an independent index which is the the Prime Rate as published in the Wall Street Journal on the first business day of the previous month (the "Index"). The Index is not necessarily the lowest rate charged by Lender on its loans. If the Index becomes unavailable during the term of this loan, Lender may designate a substitute index after notice to Borrower. Lender will tell Borrower the current Index rate upon ▇▇▇▇▇▇▇▇'s request. The interest rate change will not occur more often than each month, beginning May 1, 2004. Borrower understands that Lender may make loans based on other rates as well. The Index currently is 4.000% per annum. The interest rate to be applied to the unpaid principal balance of this Note will be at a rate equal to the Index, resulting in an initial rate of 4.000% per annum. NOTICE: Under no circumstances will the interest rate on this Note be more than the maximum rate allowed by applicable law.

  • Indirect Cost Rates The System Agency may acknowledge an indirect cost rate for Grantees that is utilized for all applicable Grant Agreements. For subrecipients receiving federal funds, indirect cost rates will be determined in accordance with applicable law including, but not limited to, 2 CFR 200.414(f). For recipients receiving state funds, indirect costs will be determined in accordance with applicable law including, but not limited to, TxGMS. Grantees funded with blended federal and state funding will be subject to both state and federal requirements when determining indirect costs. In the event of a conflict between TxGMS and applicable federal law or regulation, the provisions of federal law or regulation will apply. Grantee will provide any necessary financial documents to determine the indirect cost rate in accordance with the Uniform Grant Guidance (UGG) and TxGMS.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • Allowable Costs A. Allowable Costs are restricted to costs that are authorized under Texas Uniform Grant Management Standards (TxGMS) and applicable state and federal rules and laws. This Grant Agreement is subject to all applicable requirements of TxGMS, including the criteria for Allowable Costs. Additional federal requirements apply if this Grant Agreement is funded, in whole or in part, with federal funds. B. System Agency will reimburse Grantee for actual, allowable, and allocable costs incurred by Grantee in performing the Project, provided the costs are sufficiently documented. Grantee must have incurred a cost prior to claiming reimbursement and within the applicable term to be eligible for reimbursement under this Grant Agreement. At its sole discretion, the System Agency will determine whether costs submitted by Grantee are allowable and eligible for reimbursement. The System Agency may take repayment (recoup) from remaining funds available under this Grant Agreement in amounts necessary to fulfill Grantee’s repayment obligations. Grantee and all payments received by Grantee under this Grant Agreement are subject to applicable cost principles, audit requirements, and administrative requirements including applicable provisions under 2 CFR 200, 48 CFR Part 31, and TxGMS. C. OMB Circulars will be applied with the modifications prescribed by TxGMS with effect given to whichever provision imposes the more stringent requirement in the event of a conflict.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.