Accrued Costs definition

Accrued Costs means any Labor Costs, Out-of-Pocket Costs or Taxes payable to Consultant pursuant hereto which have not been paid by Client.
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Accrued Costs means, with respect to any Distribution Date, the sum of (i) the Class A Monthly Interest for such Distribution Date, plus (ii) the Class A Additional Amounts, if any, for such Distribution Date.
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Accrued Costs means, on any day, the sum of the following: unpaid Yield and Fees accrued in respect of the Advances assuming each Advance has borne interest at the Alternative Rate during the period from the prior Distribution Date to such date; Yield and Fees in respect of the Advances estimated to accrue for the period from such date to the succeeding Distribution Date assuming (A) that the aggregate outstanding principal amount of the Advances during each day of such period will equal *** of the aggregate outstanding principal amount of the Advances on such day and (B) that each Advance will bear interest during such period at the Alternate Rate; and provided that the *** percentages used in clause (b) above shall be 100% if no Level Two Trigger Event shall have occurred and be continuing and the Servicer is delivering to the Collateral Agent and the Administrative Agent daily reports on Collections, Delinquent Receivables, Defaulted Receivables, the Aggregate Outstanding Principal Balance, the Borrowing Base and such other information as the Administrative Agent may reasonably request.
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Examples of Accrued Costs in a sentence

  • The Company believes that the most critical accounting policies include the following: Aircraft Capitalization and Depreciation; Impairment of Long-lived Assets; Maintenance Reserves and Accrued Costs; Accounting for Income Taxes; and Revenue Recognition, Accounts Receivable and Allowance for Doubtful Accounts.

  • Maintenance and Accrued Costs (continued) The accompanying consolidated balance sheets reflect liabilities for maintenance reserves, which include refundable maintenance payments billed to lessees based on usage, as well as accrued maintenance costs.

  • Any amounts paid by Contractor as shown on the Bi-Weekly Project Statement which were not included in the Bi-Weekly Project Estimate for such period but that were reasonable and appropriate to be paid pursuant hereto, shall be deemed Accrued Costs and included in the following Bi-Weekly Project Estimate.

  • Contractor shall pay from the Red Oak Payment Account all Allowable Costs payable pursuant to this Agreement, including any Out-of-Pocket Costs, Labor Costs or Accrued Costs payable to Contractor or its affiliates, as and when earned or payable, provided however that such payments shall comply with other applicable terms of this Agreement.

  • The lookup algorithm in Chord enables the efficient data routing with O(Log N) cost [84], where N is the number of nodes in the system.The routing engine provides a decentralized information discovery and associative messaging service.

  • Maintenance and Accrued Costs (continued) AeroCentury Corp.Notes to Condensed Financial Statements (Unaudited) March 31, 2011 3.

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account may be invested in Permitted Investments, provided that such Permitted Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 5(b).

  • Amounts on deposit in the Accrued Costs and Interest Sub-Account and the Disbursement Sub-Account of the Collection Account may be invested in Permitted Investments, provided that such Investments shall be selected so that the maturity dates thereof correspond to the dates on which such amounts are required to be distributed in accordance with the provisions of Section 5(b).

  • PROVISIONS & LONG-TERM ACCRUED COSTS AND DEFERRED REVENUES The Provisions and Long-term Accrued Costs and Deferred Revenues amount to SIT 751,362 thousand and represent the provisions for pensions and similar obligations.

  • The Court alsoaccepted the Secretary’s position that the regulations require only thatproviders use GAAP for recordkeeping.Because of the apparent confusion regarding the relationship between Medicare payment policy and GAAP,we have decided to move the provisions beginning with § 413.24(b)(3) of theproposed rule into a new § 413.100, Special Treatment of Certain Accrued Costs, in 42 CFR Subpart F, Specific Categories of Costs.


More Definitions of Accrued Costs

Accrued Costs has the same meaning set forth in Section 5.2.5 hereof.
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Related to Accrued Costs

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Accrued Amounts means any unpaid annual base salary accrued through the date of a Participant’s Qualifying Termination and any accrued but unpaid vacation pay.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Liabilities shall include a pro rata contribution to each Employee Benefit Plan or with respect to each such obligation or arrangement for that portion of a plan year or other applicable period which commences prior to, and ends after, the Closing Date, and Accrued Liabilities for any portion of a plan year or other applicable period shall be determined by multiplying the liability for the entire such year or period by a fraction, the numerator of which is the number of days preceding the Closing Date in such year or period and the denominator of which is the number of days in such year or period, as the case may be.

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Obligation means the sum of (i) Executive’s Base Salary earned through the Date of Termination and (ii) to the extent permitted by the Company’s vacation policies as may exist from time to time, any accrued, unused vacation pay earned by Executive, in both cases, to the extent not theretofore paid.

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Compensation Accrued at Termination means the following:

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Company Expenses has the meaning set forth in Section 11.3(a)(v).

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Accrued Component Interest With respect to each Component for any Distribution Date, one month’s interest at the Class X Strip Rate applicable to such Component for such Distribution Date, accrued on the Component Notional Amount of such Component outstanding immediately prior to such Distribution Date. Accrued Component Interest shall be calculated on a 30/360 Basis and, with respect to any Component and any Distribution Date, shall be deemed to accrue during the calendar month preceding the month in which such Distribution Date occurs.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Termination Date Disbursement means an amount drawn under a Multi-Series Letter of Credit pursuant to a Certificate of Termination Date Demand.

  • Accrued Note Interest means, for a Class and a Payment Date, the sum of the Note Monthly Interest and the Note Interest Shortfall.

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.