Chargeable Cost definition

Chargeable Cost means all costs and expenses incurred for or in connection with Operations to the extent reflected in a Budget or otherwise expressly permitted under this Agreement, including but not limited to, Section 7.7 and will include, without limitation and without duplication, the following attributable thereto: (i) the rent payments under the Lease; (ii) all costs and expenses incurred to retrofit the Property and Structures to grow commercial Cannabis crops; (iii) License Costs; and (iv) all reasonable legal, accounting and advisory fees incurred by the Company and the Shareholders including, without limitation, in connection with the formation of the Company. With respect to such legal fees, $◼ of Village Farms’ historical legal fees will constitute legal fees in connection with the formation of the Company.
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Chargeable Cost means costs incurred by the Manager or its Affiliates for or in connection with Operations in accordance with Approved Programs and Budgets, the Accounting Procedures and this Agreement;
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Examples of Chargeable Cost in a sentence

  • If personnel employed in Operations are required to attend a Board meeting, reasonable costs incurred in connection with such attendance shall be paid for by the Operating Member as a Chargeable Cost.

  • Subject to PMT approval, a Party defending a claim on behalf of the Project may submit its reasonable expenses of defense as a Chargeable Cost.

  • Permits and fees related to the Construction Work are a Chargeable Cost.

  • If personnel employed by either Shareholder are required to attend a Board meeting, reasonable costs incurred in connection with such attendance shall be paid for as a Chargeable Cost.

  • To the extent required, the actual cost of the required bonds or subcontractor default insurance will be paid by Owner as a Chargeable Cost.

  • Consultants and subcontractors who are Risk/Reward Team members will use the same Chargeable Cost standards applied to Prime Consultant and General Contractor, respectively.

  • If the projected Chargeable Cost for an item is less than what has been carried in the risk register, those remaining funds will be moved from the risk registry into the Cost Model and will be part of any surplus of funds available for shared savings.

  • One Director shall be appointed by the Mayor of the Midwest City, subject to the approval of the governing body of the Midwest City.

  • If, through Target Value Design, the difference between the Estimated Final Cost and lower of (i) Owner's Budget and (ii) Target Cost is sufficient to cover 125% of the estimated Chargeable Costs of an Added Value Incentive Item and Owner chooses to add the Added Value Incentive Item, then the ICL will be increased by 25% of the estimated Chargeable Cost of the Added Value Incentive Item.

  • Consultants and subcontractors who are Risk/Reward Team Members will use the same Chargeable Cost standards applied to Architect and Contractor, respectively.

Related to Chargeable Cost

  • 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.

  • 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.

  • Recoverable cost means the state and federal share of the questioned cost.

  • 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.

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less: