Compensation Costs definition

Compensation Costs means any compensation costs for employees and service providers (including any vesting, exercise, exchange or cancellation of Options, other compensatory equity-based awards, deferred compensation, Change in Control Payments, other bonuses, and employment taxes related to any of the foregoing) incurred by the Company or any of its Subsidiaries in connection with or as a result of the transactions contemplated herein that are deductible for Income Tax purposes on a Tax Return of the Company or any of its Subsidiaries for the Stub Period.
Sample 1
Compensation Costs means (i) all liabilities with respect to any current employee, officer, current or former individual engaged as an independent contractor or manager of the Company that arise and become due and payable before or on, or are attributable to the period prior to, the Closing Date and that are unpaid as of the Closing with respect to deferred compensation, wage payments, any liabilities with respect to exclusion from participation in any Plan, and any employment Taxes or any penalties due and payable by the Company with respect to the foregoing that are unpaid as of to the Closing; and (ii) all liabilities with respect to any former employee, officer, individual engaged as an independent contractor or manager of the Company that arise and become due and payable before or on the Closing Date and that are unpaid as of to the Closing, including all liabilities with respect to any Plan, all accrued salary, fees, deferred compensation, severance and vacation obligations, all workers’ compensation claims, any liability in respect of accrued but unpaid bonuses for the prior fiscal year and for the period commencing on the first day of fiscal year and ending on the Closing Date, and any employment Taxes payable by the Company with respect to the foregoing that are unpaid as of the Closing, in each case except to the extent such liabilities are accrued and reflected as a current liability in the Closing Balance Sheet or otherwise included among the Transaction Expenses.
Sample 1

Examples of Compensation Costs in a sentence

  • The CAISO will adjust the CAISO Forecast of CAISO Demand of each affected RUC Zone, preserving the LDFs within each RUC Zone, but the relative weighting of the LDFs across the system will deviate from the original LDFs. RUC costs will be pooled together to establish the RUC Compensation Costs.

  • Participating Load will not be subject to the first-tier allocation of RUC Compensation Costs to the extent that the Participating Load’s Net Negative CAISO Demand Deviation in that Trading Hour is incurred pursuant to a CAISO directive to consume in a Dispatch Instruction.

  • Compensation Costs All payroll expenditures shall be paid in accordance with the federal cost principles.

  • The portion of the RUC Compensation Costs to meet Measured Demand are equal to the RUC Compensation Cost minus the excess load share, where the excess load share is equal to the product of (a) the RUC Compensation Cost divided by total RUC Capacity and (b) the maximum of zero (0) or the amount by which the CAISO Forecast of CAISO Demand exceeds Measured Demand.

  • The amount of RUC Compensation Costs allocated to each Scheduling Coordinator is equal to the product of the RUC Bid Cost Uplift rate and the RUC obligation for the Scheduling Coordinator.

  • The RUC Bid Cost Uplift rate is equal to the lower of (a) the RUC Compensation Costs to meet Measured Demand divided by the sum of each Scheduling Coordinator’s Net Negative CAISO Demand Deviation and any positive net system-wide Virtual Supply Awards in that Trading Hour, or (b) the RUC Compensation Cost divided by the total RUC Award, for all Scheduling Coordinators in that Trading Hour.

  • In the first tier, the RUC Compensation Costs are allocated to Scheduling Coordinators, based on their Net Negative CAISO Demand Deviation in that Trading Hour.

  • The RUC Bid Costs shall be calculated pursuant to Section 11.8.3.1 and the RUC Market Revenues shall be calculated pursuant to Section 11.8.3.2. The CAISO will include Bid Cost Recovery costs related to Short Start Units committed in Real-Time because of awarded RUC Capacity in RTM Compensation Costs.

  • The Scheduling Coordinator shall be charged at a rate which is the lower of (1) the RUC Compensation Costs divided by the Net Negative CAISO Demand Deviation for all Scheduling Coordinators in that Trading Hour; or (2) the RUC Compensation Costs divided by the RUC Capacity, for all Scheduling Coordinators in that Trading Hour.

  • CC071 - Hired or Rented Premises Exclusion 1 of the Hired or Rented Premises extension under Section 7 - Public liability is restated as follows: The first £100 of Compensation, Costs and Expenses in respect of such Damage other than by fire or explosion.

Related to Compensation Costs

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Termination Costs The costs and expenses related to the termination of any Servicer, the appointment of a successor servicer or the transfer and assumption of servicing with respect to the related Servicing Agreement, including, without limitation, the items set forth in Section 3.03(c).

  • Administration Costs means (i) the costs and expenses associated with the production and dissemination of the Notice (as defined in Section 2.10); (ii) all reasonable costs incurred by the Settlement Administrator (as defined in Section 1.40) in administering and effectuating this Settlement, which costs and expenses are necessitated by performance and implementation of this Agreement and any Court orders relating thereto; (iii) all reasonable fees charged by the Settlement Administrator; and (iv) any other costs associated with the settlement, including but not limited to any amounts charged by TIAA or Vanguard.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equip- ment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period immediately following the commencement of the relocation to an eli- gible premises. Relocation costs do not include costs for structural or capital improve- ments or items purchased in connection with the relocation.

  • 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.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Final compensation of a member means:

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Travel Expenses means any costs incurred by Licensor associated with the transportation, storage or lodging of equipment, supplies, Licensor employees and other items necessary for business use from Licensor headquarters to Licensee’s facilities. Travel expenses may include, but are not limited to airfare, hotel costs, and meals if applicable. Any travel expenses paid by the Licensee shall be paid at allowable government travel rates consistent with Management Directive 230.10, unless otherwise first approved by the Licensee’s authorized representative.

  • Distribution Costs means all costs of:

  • 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.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • 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.

  • Basic Compensation means Salary and Benefits.

  • Company Expenses has the meaning provided in Section 8.3.

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

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

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

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