Administration Cost definition
Administration Cost means any expenditure incurred by the Proponent in the course of its regular or ongoing operations that enable the Proponent to provide the Goods and/or Services, including salaries, wages and benefits for administrative staff and back-office functions (such as those providing accounting, reporting, IT support, communications, security, and human resources and program management functions); salaries, wages, and benefits for staff associated with planning, managing and evaluating services; legal and accounting fees; bank fees; postage fees; courier fees; telephone fees; internet fees; contracted expenses for service delivery (i.e., security costs, IT, equipment, training, Consultant, printing etc.); and lease or finance/interest costs attributed to administrative functions.
Administration Cost or “Administrative Costs” means the reasonable, actual and direct costs charged by the Settlement Administrator for its services and includes the costs
Administration Cost shall have the meaning set forth in Section 3.01.
Examples of Administration Cost in a sentence
The Trustee shall debit those Trust Administration Costs associated with a particular Eligible Mitigation Action request against the Trust Administration Cost Subaccount allocation of the Beneficiary that requested the funds associated with that Eligible Mitigation Action.
These costs shall be allocated to each Trust Administration Cost Subaccount consistent with the weighted average allocation rates set forth in Appendix D-1B.
The Trustee shall debit all other Trust Administration Costs (“Shared Administration Costs”) among all Beneficiaries, weighted in accordance with each Beneficiary’s Trust Administration Cost Subaccount allocation in place at the time such costs are incurred.
Any and all earnings, interest, and other investment income realized on the investment of the assets held in the Trust Administration Cost Subaccount shall be allocated to each administration subaccount on the basis of the respective administration subaccount balance at the end of each month.
Any “California Mitigation Trust Payment” made pursuant to Appendix A of the First Partial Consent Decree or the Second Partial Consent Decree shall be allocated as follows: 99.86% to California and 0.14% to the Trust Administration Cost Subaccount.
More Definitions of Administration Cost
Administration Cost means the sum of £68,632.38 (sixty-eight thousand six hundred and thirty-two pounds and thirty-eight ▇▇▇▇▇) Index Linked to be paid by the Developer to the Council for the reasonable costs incurred by the Council in administering this Agreement including maintenance of f inancial records, monitoring the progress of the Development (including receipt of payments made, expended and applied) and monitoring compliance with its terms;
Administration Cost means the cost of administering the Arrowsmith Water Service Joint Venture on a continuing basis. This includes but is not limited to, the costs of Management Committee Support as provided under Section 5.4, Budgeting, Accounting and Financial Records Support as provided under Section 9.4, and audit fees, insurance, and licencing fees;
Administration Cost means the direct and indirect costs incurred by the grantee in managing the grant.
Administration Cost means the sum of £5,225.64 (five thousand two hundred
Administration Cost means the sum of £[£17,642.62] ([ (seventeen thousand, six hundred and forty two pounds and sixty two ▇▇▇▇▇])) Index Linked to be paid by the Developer to the Council for the reasonable and proper costs incurred by the Council in administering this Agreement including maintenance of financial records, monitoring the progress of the Development (including receipt of payments made, expended and applied) and monitoring compliance with its terms FOR THE AVOIDANCE OF DOUBT this sum does not include a cost in respect of administering the Carbon Green Fund Contribution which shall be calculated pursuant to Schedule 1 paragraph 1.7;; “Affordable Workspace” means a total of 3,543 sq m NIA of workspace to be provided as part of the Development in accordance with the Affordable Workspace Specification and which consists of: a) 1,120 sq m (NIA) which is located on levels 1, 2 and 3 of the Georgian Terrace (“Georgian Terrace Affordable Workspace); b) 2,116 sq m (NIA) which is located on levels 1 and 2 of the Main Building (“Main Building Affordable Workspace”); and c) 307 sq m (NIA) which is located on the top two floors of Keats House (“Keats House Affordable Workspace”), (and each of the above shall comprise a “Part” of the Affordable Workspace), and which shall be leased by the Developer to an Affordable Workspace Provider pursuant to the Affordable Workspace Lease who shall in turn lease and/or licence the Affordable Workspace to Eligible Tenant(s) and which is shown for indication purposes only on drawings 20065_X_00_P019, 20065_X_00_P021, 20065_X_00_P022, 20065_X_00_P023 and 20065_X_00_P024 annexed to this Agreement and each Part shall also include the provision of toilet facilities, general access, cycle parking and servicing yard access; “Affordable Workspace Lease” means a lease for each Part of the Affordable Workspace to be entered into between the Developer and the Affordable Workspace Provider and which is substantially in accordance with the heads of terms set out in Annex 1 to Schedule 7 of this Agreement or such other terms as may be agreed with the Council; “Affordable Workspace Marketing Period” means a period of not less than three months from practical completion of each Part of the Affordable Workspace and/or termination of any lease and/or licence of a Part of the Affordable Workspace or any part thereof;
Administration Cost means any costs and expenses incurred in connection with the administration and daily operation of the German Borrower, subject to a maximum amount of $120,000 in total over the term of this Agreement.
Administration Cost or “Administrative Costs” means the reasonable, actual and direct costs charged by the Settlement Administrator for its services and includes the costs of carrying out the responsibilities set forth and consistent with the terms of this Agreement. Administration Costs do not include other fees, costs or expenses, including Attorneys’ Fees and Costs.