Annual Administrative Costs definition

Annual Administrative Costs means the actual or estimated costs paid or incurred in connection with the administration and operation of the District that are paid from the Additional Interest and that are determined by the City Council to be reasonably allocable to the Phase 2B, 2C, and 3A1 Property including, but not limited to (1) an amount to pay Prepayment Costs,(2) an amount equal to the amount by which Annual Collection Costs paid or incurred exceed Annual Collection Costs collected, (3) an amount to pay the Phase 2B, 2C, and 3A1 Cost under circumstances determined appropriate by the City Council and (4) an amount to establish and maintain debt service and other reserves required by this Indenture, including the Delinquency and Prepayment Reserve Account.
Sample 1
Annual Administrative Costs means the actual or estimated costs paid or incurred in connection with the administration and operation of the District that are determined by the City Council to be reasonably allocable to the Phase 1A Property including, but not limited to (1) an amount to pay Prepayment Costs, (2) an amount equal to the amount by which Annual Collection Costs paid or incurred exceed Annual Collection Costs collected, (3) an amount to pay the Phase 1A Cost under circumstances determined appropriate by the City Council and
Sample 1
Annual Administrative Costs means the actual or estimated costs paid or incurred in connection with the administration and operation of the District that are paid from the Additional Interest and that are determined by the City Council to be reasonably allocable to the Phase 2B, 2C, and 3A1 Property including, but not limited to (1) an amount to pay Prepayment Costs,
Sample 1

Examples of Annual Administrative Costs in a sentence

  • Pursuant to the Service and Assessment Plan, the Annual Service Plan Update shall show the remaining balance of the Assessments, the Annual Installment, the Annual Collection Costs, the Delinquent Collection Costs and the Annual Administrative Costs to be collected from each Parcel.

  • Prepayment Costs, if any, shall be paid by the City as Annual Administrative Costs.

  • Examples are residence halls, food services,student health services, intercollegiate athletics (only if essentially self- supporting), college unions, college stores, faculty and staff parking, and faculty housing.

  • Annual Administrative Costs shall be allocated pro rata amount among all Parcels with unpaid Assessments.

  • If the Annual Collection Costs collected are less than the Annual Collection Costs incurred, the deficit may be carried forward and added to the Annual Collection Costs for the next year or paid as Annual Administrative Costs.

  • This finding parallels the results on SRISK showing that the strategic use of internal models especially for larger banks contributed to an increase in systemic risk, both for exposure to systemic risk as well as for contributing to systemic risk.

  • If the Annual Administrative Costs collected are less than the Annual Administrative Costs incurred, the deficit may be carried forward and added to the Annual Administrative Costs for the next year.

  • The projected annual indebtedness for any given year is the sum of: (1) principal and interest payable under the Reimbursement Agreement for such year; (2) Annual Collection Costs for such year; (3) Delinquent Collection Costs for such year; and (4) Annual Administrative Costs for such year.

  • This illustrative itemization will support the City’s annual determination of the City’s Annual Administrative Costs.

  • Appendix 6 (Itemization of City’s Administrative Cost Elements) to this Water Supply Agreement provides an illustrative itemization of the cost elements that will be included in the Cost Substantiation of the City’s Annual Administrative Costs for purposes of this Water Supply Agreement.

Related to Annual Administrative Costs

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and administering and carrying out the terms of the Settlement.

  • Administrative cost means a fee imposed to cover:

  • 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 (other than this Partnership) that are owned by the General Partner directly.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Administrative Expense Cap An amount equal on any Payment Date (when taken together with any Administrative Expenses paid during the period since the preceding Payment Date or in the case of the first Payment Date, the period since the Closing Date), to the sum of (a) 0.025% per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year and the actual number of days elapsed) of the Fee Basis Amount on the related Determination Date and (b) U.S.$250,000 per annum (prorated for the related Interest Accrual Period on the basis of a 360-day year consisting of twelve (12) 30-day months); provided that (1) in respect of any Payment Date after the third Payment Date following the Closing Date, if the aggregate amount of Administrative Expenses paid pursuant to Section 11.1(a)(i)(A), Section 11.1(a)(ii)(A) and Section 11.1(a)(iii)(A) (including any excess applied in accordance with this proviso) on the three immediately preceding Payment Dates and during the related Collection Periods is less than the stated Administrative Expense Cap (without regard to any excess applied in accordance with this proviso) in the aggregate for such three preceding Payment Dates, then the excess may be applied to the Administrative Expense Cap with respect to the then-current Payment Date; and (2) in respect of the third Payment Date following the Closing Date, such excess amount shall be calculated based on the Payment Dates preceding such Payment Date.

  • 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.

  • Administrative Expense means (a) any cost or expense of administration of the Reorganization Cases under section 503(b) of the Bankruptcy Code including, but not limited to (1) any actual and necessary post-petition cost or expense of preserving the Estates or operating the Debtors' assets and businesses, (2) any payment to be made under the Plan to cure a default on an assumed executory contract or unexpired lease, (3) any post-petition cost, indebtedness or contractual obligation duly and validly incurred or assumed by the Debtors in the ordinary course of business, and (4) compensation or reimbursement of expenses of professionals to the extent allowed by the Bankruptcy Court under section 327, 328, 330(a), 331, 503(b) or 1103 of the Bankruptcy Code, including, without limitation, the Futures Representative and its Representatives and (b) any fee or charge assessed against the Estates under 28 U.S.C. ss. 1930.

  • Post-secondary education costs means tuition and other fees associated with obtaining credit from a post-secondary educational institution.

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Administrative Fee is defined in Section 4.1(a).

  • Administration Costs means all costs to administer and distribute the Settlement Fund including the costs and professional fees of the Claims Administrator and the costs of implementing the Notice Plan;

  • Direct Costs means the sum of the following:

  • General and Administrative Costs means reasonable, normal and customary expenses and costs paid or payable that are classified as general and administrative costs, including salaries and all other compensation to the management of the Borrower, consulting fees, salary, rent, supplies, travel and entertainment, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Borrower.

  • 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.

  • Societal benefits charge means a charge imposed by an electric

  • FTE Costs means the product of (a) the number of FTEs (proportionately, on a per-FTE basis) used by a Party or its Affiliates in directly performing activities assigned to such Party under and in accordance with the Global Development Plan, Commercialization Plan or Medical Affairs Plan, as applicable, and (b) the FTE Rate.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Final administrative decision means a decision by an agency

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • 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.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Minor Administrative Change refers to a change to the Contract that does not increase the fees or term and done in accordance with Section 4.01 of these Special Conditions.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Earnable compensation means the full rate of the

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.