Direct Expense definition

Direct Expense means expenses that are attributable to a particular cat- egory or categories of tangible invest- ment described in subpart D of this part and includes:
Direct Expense means allocated third party costs. These include payments on behalf of claimants, medical and legal fees where these are allocated to particular General Insurance Claims.
Direct Expense shall not include any income tax of Landlord, any depreciation on the Building or any depreciation on equipment therein, interest, or real estate broker's commission for any sale or for securing the execution of any Lease.

Examples of Direct Expense in a sentence

  • Contractor will be paid on a Unit Rate basis as follows: Direct Labor Costs: $ Direct Expense Costs: $ Subcontractor(s) Costs: $ $ 4.1.2 Direct Costs.

  • Contractor will be paid on a Cost Plus Fixed Fee (profit) basis as follows: Direct Labor Costs: $ Overhead Costs: $ Fixed Fee Costs: $ Direct Expense Costs: $ Subcontractor(s) Costs: $ $ 4.1.2 Overhead Rate.

  • An account becomes delinquent based on the payment criteria established by the institution for the type of debt involved.

  • The Central Service and Supplies and Pharmacy expenses are then reclassified to Ancillary costs as follows: The Central Service/Supplies Direct Expense is multiplied by the ratio of the inpatient medical supplies patient service statistics to the total medical supplies patient service statistics, all as derived from the HCFP-403 report.

  • State’s total obligation for all compensation and reimbursements to Contractor will not exceed$.Article 4 Consideration of Payment: (Unit Rate)4.1 Contractor will be paid on a Unit Rate basis as follows:Direct Labor Costs: $Direct Expense Costs: $ Subcontractor(s) Costs:$$4.2 If federally funded, insert: Federal funding applies to this Contract, see the General Terms for applicable controls.4.3 Allowable direct costs include project specific costs listed in Exhibit _.


More Definitions of Direct Expense

Direct Expense as used herein, shall include all direct costs of operation and maintenance as determined by Generally Accepted Accounting Principles (GAAP) and shall include without limitation the following: building supplies; ad valorem real and personal property taxes and other governmental charges; utility and service charges attributable to Common Areas or paid by Landlord; property, casualty, liability and other insurance premiums; repairs, reserves for major repairs, maintenance and service contracts for the Building, Common Areas and all related mechanical equipment; property management charges; grounds maintenance, security, removal of snow and ice, parking maintenance and striping, landscaping; and all other similar costs and expenses. ATTACHED HERETO AS EXHIBIT C ARE ITEMS EXCLUDED FROM TENANT'S SHARE OF DIRECT EXPENSES. If the State of North Carolina or any political subdivision thereof or any governmental or quasi- governmental authority having jurisdiction over the Building, should specifically impose a tax, assessment charge or fee or specifically increase a then existing tax assessment, charge or fee, which Landlord shall be required to pay, either by way of substituting for said real estate taxes or assessed against the Building, or in addition thereto, or impose an income or franchise tax or tax on rents in substitution for a general tax levied against the Building or in addition thereto, such taxes, assessments, charges or fees shall be deemed to constitute a real property tax hereunder to the extent said taxes are in substitution therefore or in addition thereto. A copy of THE ACTUAL tax bills or assessment bills submitted by Landlord to Tenant shall at all times be sufficient evidence of the amount of taxes and/or assessments levied or assessed against the property to which such xxxx relates. Landlord's reasonable expenditures for attorney's fees, appraiser's fees, consultant's fees and other costs incurred during the Term of this Lease without regard to the tax year involved, in any efforts by Landlord to minimize ad valorem personal and real property taxes, and other governmental charges, which rights are reserved to Landlord, shall be included in the definition of ad valorem real and personal property taxes and other governmental charges for the purposes of this Section. If Landlord should receive a refund of any such taxes or charges, the Tenant will share proportionately in same, after deduction for all of Landlord's expenses in obtaining any suc...
Direct Expense with respect to an activity, means salary and benefit charges for personnel time spent engaging in the activity, plus cost of goods and outside services used in the activity, plus fifteen ten percent (15%)(10%) of all of the foregoing in respect of overhead.
Direct Expense as used herein, shall include all direct costs of operation and maintenance as determined by Generally Accepted Accounting Principles (“GAAP”), except where this Lease specifically provides that GAAP shall not apply. Direct Expenses shall include without limitation the following: building supplies; ad valorem real and personal property taxes and other governmental charges; utility and service charges attributable to Common Areas or paid by Landlord; property, casualty, liability and other insurance premiums; deductibles paid in connection with any such insurance policies; repairs, reserves for major repairs, maintenance and service contracts for the Building, Common Areas and all related mechanical equipment; property management charges; grounds maintenance; security; removal of snow and ice; parking maintenance and striping; landscaping; and all other similar costs and expenses. Direct Expense shall also include the cost of capital improvements, amortized over their useful life as reasonably determined by Landlord using a market interest rate, which (1) are made for the purpose of reducing Direct Expenses or (2) are required under any laws, rules or regulations or amendments thereto first enacted after the Commencement Date or (3) are properly considered maintenance and repair items (such as performing preventative maintenance, repaving the parking lot serving the Building, painting of the common areas within the Building, replacement of carpet in the lobbies and like items). If the Commonwealth of Pennsylvania or any political subdivision thereof or any governmental or quasi-governmental authority having jurisdiction over the Building and Lot should specifically impose a tax, assessment, charge or fee or specifically increase a then existing tax, assessment, charge or fee, which Landlord shall be required to pay, either by way of substituting for said real estate taxes or assessed against the Building or Lot, or in addition thereto, or impose an income or franchise tax or tax on rents in substitution for a general tax levied against the Building or Lot, or an addition thereto, such taxes, assessments, charges or fees shall be deemed to constitute a real property tax hereunder to the extent said taxes are in substitution therefore or in addition thereto. A copy of tax bills or assessment bills submitted by Landlord to Tenant shall at all times be sufficient evidence of the amount of taxes and/or assessments levied or assessed against the property to which...
Direct Expense means expenses that are attributable to a particular category or categories of tangible investment described in Subpart D of this Part and includes:
Direct Expense means any Flow Through Expense or Non Flow Through Expense directly related to the provision of services on a specific Segment or in relation to an Idle Facility located in a specific Segment.
Direct Expense means an expense arising from services performed by a person or entity other than ProNational or MEEMIC that can readily be identified as applicable to one company only. Examples of direct expenses are agent's commissions, premium taxes, Board of Directors fees and attorney fees for services that relate only to one company.
Direct Expense as used herein shall mean an amount due to a third party whether incurred by FSIJ directly, or at the request of, or in support of the request of, an individual Client or group of Clients in relation to specific Services provided by FSIJ to such Client(s), and shall include, but not be limited to any government fees, legal, tax, accounting, consulting or other professional service expenses. “Common Charges” as used herein shall mean the total amount of FSIJ’s operating expenses, including salary, office, marketing, travel and other operating expenses of FSIJ, plus five percent (5%).