Corporate Expense definition

Corporate Expense means, for any period, all general and administrative expenses of the Borrower and its Subsidiaries for such period.
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Corporate Expense shall have the meaning set forth in Section 1.9(e)(iv).
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Corporate Expense means, for any period, all general and administrative expenses of the Borrower (including, from and after the Holdco Formation Effective Date, all general and administrative expenses of the Holding Company in respect of the Borrower) for such period, provided that, from and after the Holdco Formation Effective Date, there shall be included in Corporate Expense the amount of the Holdco Corporate Expense in excess of $8,000,000 for any period of twelve consecutive full calendar months. In the event that any general or administrative expense of the type heretofore borne by the Borrower is hereafter borne by any Subsidiary of the Borrower, such general or administrative expense borne by such Subsidiary shall be deemed to be “Corporate Expense” for the purposes hereof.
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Examples of Corporate Expense in a sentence

  • In the event that, transportation is not provided, a taxi/rideshare may be used, and the expense claimed in accordance with the Company’s Corporate Expense Policy.

  • Service employees 4 hours Parts employees 2 hours Yard employees 2 hours Employees have access to Corporate "Expense Reimbursement" Program at the per kilometer rate, in effect as of the date the expense is incurred, for travel away from the normal place of work.

  • Schedule “2.6” annexed hereto consists of the following financial statements of the Company: (i) audited Balance Sheet, Statement of Income, Statement of Cash Flows and Statement of Retained Earnings as at and for the year ended December 31, 2003 (the “Audited Financial Statements”) and (ii) unaudited Statement of Financial Position, Income Statement and Corporate Expense Allocation as at and for the three months ended March 31, 2004 (the “Interim Financial Statements”).

  • The fiscal year 2016 Allocated Corporate Expense is adjusted to a stand-alone basis based on a workload analysis of each corporate division such as Human Resources / General Affairs, Business Support (PR, Legal, Trade), Accounting and Finance and Procurement which is providing services to the Volt Business.

  • The Borrowers will pay to Holdings or NCC (or such successor Affiliate that may perform a similar function with respect to the Corporate Expense Allocation) the Corporate Expense Allocation; provided, however, that at the option of the Borrowers, they may defer payment of the Corporate Expense Allocation until after the Obligations have been paid in full.

  • Expenses will be invoiced in accordance with RCS Corporate Expense Reimbursement Policy (available upon request).

  • You will also be eligible for reimbursement of reasonable business expenses in accordance with Discover’s Corporate Expense Policy.

  • Amounts on deposit in the Corporate G&A Expense Reserve Account are referred to as the “Approved Corporate Expense Reserve Funds”.

  • Lessor shall not be required to spend funds for restoration in excess of the amount received by Lessor as compensation awarded.

  • You will continue to be reimbursed for all reasonable job-related expenses in accordance with Intraware’s Corporate Expense and Travel Policy.

Related to Corporate Expense

  • Developed exclusively at private expense means development was accomplished entirely with costs charged to indirect cost pools, costs not allocated to a government contract, or any combination thereof.

  • Aggregate Expense Rate With respect to any Mortgage Loan, the sum of the related Servicing Fee Rate and the applicable Insurance Fee Rate, in the case of any Mortgage Loan covered by a Bulk PMI Policy or a LPMI Policy.

  • Public expense means that this agency either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to the parent.

  • Common expense means costs incurred by the association to exercise any of the powers provided for in the association's governing documents.

  • Lease Expense means, with respect to any Person, for any period for such Person and its subsidiaries on a Consolidated basis, lease and rental expense accrued during such period under all leases and rental agreements, other than Capital Leases and leases of personal property, determined in conformity with GAAP.