Allowed Expenses definition

Allowed Expenses means any amounts due the Trustee under Section 7.7, any Servicing Fees, any fees payable for the transfer of the lien reflected in the Title Documents into and out of the Trustee's name, any fees payable for the transfer of the ownership reflected in the Title Documents into and out of the Company's name, any federal, state and local taxes and assessments incurred by the Company (including corporate franchise taxes), any bank service charges and account fees relating to the Accounts, the Company's pro rata share (based on the relative amounts of funds attributable to the Contracts as compared to the lease Contracts of all other Persons serviced by the Servicer) of the lockbox fees, account fees and bank service charges relating to the Master Collections Account, any legal and accounting fees for reports, certificates and opinions of attorneys and independent accountants required under this Indenture, and any Liquidation Expenses.
Allowed Expenses means any amounts due the Trustee under Section 7.7, any Servicing Fees, any fees payable for the transfer of the lien reflected in the Title Documents into and out of the Company's name, any federal, state and local taxes and assessments incurred by the Company (including corporate franchise taxes and any payments by the Company to any of its Affiliates as reimbursements for tax payments made by such Affiliate for the Company's benefit or the benefit obtained by the Company from use of tax losses employed by such Affiliate to offset taxable income of the Company), any bank service charges and account fees relating to the Accounts and the subscription escrow account established for the receipt of the proceeds from the offering and sale of the Notes, the lockbox fees, account fees and bank service charges relating to the Collections Account, any legal and accounting fees and printing expenses (excluding Offering Expenses, but including those otherwise incurred to comply with reporting and other requirements under Federal and state securities laws and for reports, compliance certificates and opinions required by the Indenture), premiums for vehicle value insurance, charges for vehicle warranty repair service contracts (including fees paid to vehicle dealers), any Liquidation Expenses (as to each Financed Vehicle, limited to the related Liquidation Proceeds), any Insurance Expenses (as to each Financed Vehicle, limited to the related Insurance Proceeds), and any other Allowed Expenses as described in or defined by the prospectus which offers the Notes for sale.
Allowed Expenses means any amounts due the Trustee under Section 7.7, any Servicing Fees, any fees payable for the transfer of the lien reflected in the Title Documents into and out of the Company's name, any federal, state and local taxes and assessments incurred by the Company (including corporate franchise taxes and any payments by the Company to any of its Affiliates as reimbursements for tax payments made by such Affiliate for the Company's benefit or the benefit obtained by the Company from use of tax losses employed by such Affiliate to offset taxable income of the Company), any bank service charges and account fees relating to the Accounts and the subscription escrow account established for the receipt of the proceeds from the offering and sale of the Notes, the Company's pro rata share (based on the relative amounts of funds attributable to the Contracts as compared to the retail installment contracts and consumer obligations of all other Persons serviced by the Servicer) of the lockbox fees, account fees and bank service charges relating to the Collections Account, any legal and accounting fees and printing expenses for reports, certificates and opinions required under this Indenture, premiums for vehicle value insurance, charges for vehicle warranty repair service contracts (including fees paid to vehicle dealers), any Liquidation Expenses (as to each Financed Vehicle, limited to the related Liquidation Proceeds), any Insurance Expenses (as to each Financed Vehicle, limited to the related Insurance Proceeds), and any other Allowed Expenses as described in or defined by the prospectus which offers the Notes for sale.

Examples of Allowed Expenses in a sentence

  • The Member responsibility amounts are applied to the Allowed Expenses after the primary insurance reimbursement and before the Plan pays; this may reduce the Plan’s responsibility to a zero-dollar amount.

  • Cost-Sharing Subsidies in PPACA (2014): Out-of-Pocket Maximums and Average Percentage of Allowed Expenses Paid by Plan, by Income Tier Federal poverty level (FPL)Source: PPACA (P.L. 111-148, as amended by P.L. 111-152).Notes: In 2010, the out-of-pocket maximum for HSA-qualified HDHPs is $5,950 for single coverage and$11,900 for family coverage.

  • Each Party and its Affiliates shall prepare and maintain, and shall require all their sublicensees (including Sublicensees) to prepare and maintain, complete and accurate records of pertaining to the determination of the Research Costs, Development Costs, Net Sales of Products and all Allowed Expenses as needed to verify the accuracy of reports and payments due hereunder.

  • Astellas shall be responsible for all costs associated with the activities for which it is solely responsible, except to the extent they relate to a Co-Promoted Product and constitute Allowed Expenses.

  • Astellas’s costs and expenses incurred in connection with registering, maintaining and defending any trademarks for the Co-Promoted Products in the U.S. shall be Allowed Expenses.

  • In addition, any such Ambit Licensed Patents that are treated as Allowed Expenses shall be deemed “Shared Cost Patents” for purposes of Section 8.3.5.

  • Astellas will agree to register each such Co-Promoted Product trademark and take all such actions as are required to continue and maintain in full force and effect in the U.S. the trademarks and the registrations thereof, and such ***Confidential Treatment Requested CONFIDENTIAL expenses incurred in connection therewith shall be treated as Allowed Expenses.

  • Any material amendment to this Plan shall be approved as described above in (b), and the amount of Allowed Expenses shall not be increased materially without first obtaining an approving vote by a majority of the outstanding voting securities of the Fund for which such change is being made, as described above in (a).

  • With respect to each Co-Promoted Product, each Party and its Related Parties shall keep complete and accurate records and documentation with respect to all Allowed Expenses, and, in the case if AUS, all Net Sales of the Co-Promoted Product during its applicable Co-Promotion Period, in each case in sufficient detail to enable the other Party to verify the accuracy of the Co-Promotion Payment for the applicable Calendar Year.

  • For each Co-Promoted Product, within […***…] of each Calendar Year during the applicable Co-Promotion Term, Ambit shall report to AUS in reasonable detail any Allowed Expenses incurred by or on behalf of Ambit or any of its Affiliates in such Calendar Year (or, as applicable, any part thereof) for the Co-Promoted Product during its Co-Promotion Term, and promptly shall provide any invoices or other supporting documentation for such expenses that AUS reasonably requests.


More Definitions of Allowed Expenses

Allowed Expenses means the LLC’s expenditures that are incurred to achieve the Purpose of this Consent Decree, as set forth in SectionII (Statement of Purpose), including, but not limited to, the costs incurred in performing the tasks described in Appendix C, as well as costs associated with outside environmental counsel, accounting and auditing fees, and staff salaries to effectuate these tasks.
Allowed Expenses means any amounts due the Trustee under Section 7.7, any Servicing Fees, any fees payable for the transfer of the lien reflected in the Title Documents into and out of the Company's name, any federal, state and local taxes and assessments incurred by the Company (including corporate franchise taxes and any payments by the Company to any of its Affiliates as reimbursements for tax payments made by such Affiliate for the Company's benefit or the benefit obtained by the Company from use of tax losses employed by such Affiliate to offset taxable income of the Company), any bank service charges and account fees relating to the Accounts and the subscription escrow account established for the receipt of the proceeds from the offering and sale of the Notes, the lockbox fees, account fees and bank service charges relating to the Collections Account, any legal and accounting fees and printing expenses (excluding Offering Expenses, but including those otherwise incurred to comply with reporting and other requirements under Federal and state securities laws and for reports, compliance certificates and opinions required by the Indenture), premiums for vehicle value insurance, charges for vehicle warranty repair service contracts (including fees paid to vehicle dealers), any Liquidation Expenses (as to each Financed Vehicle, limited to the related Liquidation Proceeds), any Insurance Expenses (as to each Financed Vehicle, limited to the related Insurance Proceeds), and any other Allowed Expenses as described in or defined by the prospectus which offers the Notes for sale. "Assignment" means the original instrument of assignment of a Contract and all other documents securing such Contract made by the Servicer to the Company (or in the case of any Contract acquired by the Company from another Person, from such other Person to the Company), which is in a form sufficient under the laws of the jurisdiction under which the security interest in the related Financed Vehicle arises to permit the assignee to exercise all rights granted by the Obligor under such Contract and such other documents to the obligee and to exercise all rights available under applicable law under such Contract and which may, to the extent permitted by the laws of such jurisdiction, be an assignment constituting a part of the form of the Contract itself or a blanket instrument of assignment covering other Contracts as well.
Allowed Expenses means any and all losses, damages, costs, ---------------- expenses and liabilities of any kind (including attorneys' fees, and other reasonable costs and expenses) incurred by the Representative in connection with (A) any investigation, defense, prosecution or settlement of any matter (including any counterclaim, cross-claim or other similar matter) as to which indemnification may be sought by a Buyer Indemnitee, (B) actions taken or omitted to be taken in its capacity as the Representative after the Closing (except for those arising out of the Representative's bad faith) and (C) the performance of its rights or obligations as the Representative pursuant to this Agreement.
Allowed Expenses shall have the meaning set forth in the Cash Flow Assignment Agreement, unless otherwise specified herein.
Allowed Expenses means fees and disbursements of counsel, experts, consultants and other advisors, and other out-of-pocket costs and expenses, incurred by Holder Representative in connection with (a) any investigation, defense, prosecution or settlement of any matter (including any counterclaim, crossclaim or other similar matter) as to which indemnification may be sought by an Acquiror Indemnified Party, and (b) actions taken or omitted to be taken in its capacity as Holder Representative after the Closing (except for those arising out of Holder Representative's bad faith or willful misconduct), pursuant to this Agreement or the Holder Representative Agreement; provided, however, that the sum of (i) the aggregate amount of all Allowed Expenses and (ii) the aggregate amount of all Holder Representative Section 2.7 Expenses paid from the Indemnity Escrow Account pursuant to clause (y)(B) in the last sentence of Section 2.7(c) shall not exceed $1,000,000.

Related to Allowed Expenses

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender:

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • Cash Expenses means, for any period, the Operating Expenses for the operation of the Property as set forth in an Approved Annual Budget to the extent that such expenses are actually incurred by Borrower minus any payments into the Tax and Insurance Escrow Fund.

  • Trust Expenses means any liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Trust.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Permitted Expenses shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

  • Excluded Expenses means an amount a claimant pays for insurance offered under a health benefit plan for a taxable year if:

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

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.

  • Distribution Costs means all costs of:

  • Company Expenses has the meaning provided in Section 8.3.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Administrative Expenses means (i) all administrative and operating costs and expenses incurred by the Partnership, (ii) those administrative costs and expenses of the General Partner, including any salaries or other payments to directors, officers or employees of the General Partner, and any accounting and legal expenses of the General Partner, which expenses, the Partners have agreed, are expenses of the Partnership and not the General Partner, and (iii) to the extent not included in clause (ii) above, REIT Expenses; provided, however, that Administrative Expenses shall not include any administrative costs and expenses incurred by the General Partner that are attributable to Properties or partnership interests in a Subsidiary Partnership that are owned by the General Partner directly.

  • Current Expenses means operating costs other than personal services and shall not

  • Sales Costs means all costs, direct and indirect, associated with a foreclosure sale by the City, including but not limited to: county recording fees, title reports or other means of identifying persons with interest in the property, title insurance, service and notification, publication and advertising, posting, sale, and staff salaries, including benefits and overhead.

  • Transfer expenses means all expenses of a transfer that the transfer agreement requires the payee to pay or have deducted from the gross advance amount, including, but not limited to, court filing fees, attorney fees, escrow fees, lien recordation fees, judgment and lien search fees, finders' fees, commissions, and other payments to a broker or other intermediary. Transfer expenses do not include preexisting obligations of the payee that are payable for the payee's account from the proceeds of a transfer.

  • 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.

  • Reimbursable Expenses means, for any Shared-Loss Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures), paid to third parties (other than Affiliates of the Assuming Institution) by or on behalf of the Assuming Institution, as limited by Sections 3.2(c) and (d) of Article III of this Commercial Shared-Loss Agreement, to: