Allowable Expense Amount definition

Allowable Expense Amount. With respect to any Series, as defined in the related Series Supplement.
Allowable Expense Amount. With respect to Extraordinary Trust Expenses for the Trust, such expenses which in the aggregate exceed $20,000 but are less than the maximum reimbursable amount of $100,000.
Allowable Expense Amount. (e) "Basic Documents"; (f) "Call Premium Percentage"; (g) "Closing Date"; (h) "Credit Support"; (i) "Credit Support Instrument";

Examples of Allowable Expense Amount in a sentence

  • In addition, it is expressly understood by the parties that the Trustor shall reimburse and pay to the Trustee all Extraordinary Trust Expenses, including, but not limited to, all Extraordinary Trust Expenses forming part of an Allowable Expense Amount only to the extent such expenses are not paid in full to the Trustee pursuant to Section 10 of this Series Supplement.

  • In addition, on any other Distribution Date, the Trustee shall distribute Interest Collections (i) first to the Trustee and its respective agents that amount of expenses paid as part of the Allowable Expense Amount, (ii) second to the Certificateholders, pro rata and (iii) third to the Trustee and its respective agents the sum of the accrued and unpaid fees of the Trustee and unpaid listing fees of the Trust shall be deducted from amounts distributable on such Distribution Date.

  • The immediately preceding indemnity from the Trustor in favor of the Trustee is in addition to the Trustee’s right to recover an Allowable Expense Amount pursuant to Section 10 of this Series Supplement.

  • In addition, on any other Distribution Date, the Trustee shall distribute Interest Collections to the Certificateholders, pro rata; provided that the sum of accrued and unpaid expenses of the Trustee and its respective agents up to the Allowable Expense Amount plus accrued and unpaid fees of the Trustee and unpaid listing fees of the Trust shall be deducted from amounts distributable to the Certificates on such Distribution Date.

  • The immediately preceding indemnity from the Trustor in favor of the Trustee is in addition to the Trustee's right to recover an Allowable Expense Amount pursuant to Section 10 of this Series Supplement.

  • The immediately preceding indemnity from the Depositor in favor of the Trustee is in addition to the Trustee’s right to recover an Allowable Expense Amount pursuant to Section 10 of this Series Supplement.

  • In addition, it is expressly understood by the parties that the Depositor shall reimburse and pay to the Trustee all Extraordinary Trust Expenses, including, but not limited to, all Extraordinary Trust Expenses forming part of an Allowable Expense Amount only to the extent such expenses are not paid in full to the Trustee pursuant to Section 10 of this Series Supplement.


More Definitions of Allowable Expense Amount

Allowable Expense Amount. With respect to Extraordinary Trust Expenses for the Trust, such expenses which in the aggregate exceed $[______] but are less than the maximum reimbursable amount of $[______].
Allowable Expense Amount means:
Allowable Expense Amount. For any Collection Period, the sum of (x) Extraordinary Trust Expenses for such Collection Period and (y) amounts in respect of Extraordinary Trust Expenses from preceding Collection Periods that have not been applied on the Distribution Date for such preceding Collection Period or not otherwise paid to the Trustee; provided, however, that “Allowable Expense Amounts” shall include only Extraordinary Trust Expenses that, in the aggregate for all Collection Periods, are in excess of $20,000 but are less than the maximum reimbursable amount of $100,000.

Related to Allowable Expense Amount

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

  • Expense Amount As defined in Section 11.01(b) hereof.

  • Allowable Amount on any date, means:

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

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

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.

  • Eligible Expense means the lesser of the reasonable, customary, usual, fair market value charge for a covered service or the provider's actual charge.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule). "The Night of the Dead 3D" DM.03

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Controllable Expenses means all expenses, other than Uncontrollable Expenses, incurred by the Company or any Subsidiary of the Company with respect to the Property.

  • Reconciliation Amount has the meaning given to it in paragraph 9.9 of Schedule 9.1 (Financial and Other Consequences of Change);

  • Common expense liability means the liability for common

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.