Expense Allocation definition

Expense Allocation means fifty percent (50%) with respect to each of TRIS and AYTU.
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Expense Allocation means, with respect to each Cost Year during the Lease Term, an amount equal to Tenant's Operating Costs Share of the increase in Building Operating Costs for such Cost Year over the Building Operating Costs for the Base Cost Year.
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Expense Allocation means, with respect to each Cost Year during the Term of this Lease, an amount equal to Tenant’s Operating Costs Share of the increase in Operating Costs for such Cost Year over the Operating Costs for the Base Cost Year.
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Examples of Expense Allocation in a sentence

  • This Multiple Class Expense Allocation Plan (the “Plan”) has been adopted pursuant to Rule 18f-3(d) of the Investment Company Act of 1940, as amended (the “1940 Act”).

  • The Trust and the Adviser are aware of the limitations on allocating advisory or custodial fees or other expenses related to the management of the company’s assets set forth in Rule 18f-3 under the Investment Company Act of 1940, as amended and the Trust’s Expense Allocation Plan adopted pursuant thereto.

  • An Elected Member may attend an overseas conference if the Elected Member has sufficient funds in their annual Conference and Training Expense Allocation to meet the costs.

  • Unless the Parties otherwise agree to a different allocation, each payment that occurs in connection with a closing of the series offering may be prorated between the Expense Allocation and the advance.

  • Where there are insufficient funds to meet the cost of the registered overseas Conference or Training in the Elected Member’s Conference and Training Expense Allocation, Council approval must be obtained before costs are incurred in keeping with 6.8(d) above or the Elected Member agrees to meet the additional costs personally.

  • The allowance will be paid in the following circumstances from the Elected Member’s Conference and Training Expense Allocation.

  • The City will pay Conference or Training expenses where the Elected Member has been authorised to attend and there is sufficient funds remaining within the Elected Member’s Annual Conference and Training Expense Allocation.

  • An Elected Member may agree to meet Conference and Training costs for another Elected Member and forfeit the relevant amount from his/her own annual Conference and Training Expense Allocation, to enable another Elected Member to attend a Conference and Training event, where that Member has insufficient funds remaining in their Allocation.

  • Where there are insufficient funds to meet the cost of the Conference and Training event in the Elected Member’s Conference and Training Expense Allocation, Council approval must be obtained before attendance if the additional costs are going to be claimed.

  • Expense Allocation has been calculated by applying the expenses listed from this statement to the disbursements set forth on MOR 1 (Schedule of Cash Receipts and Disbursements)In re: Buffets Holdings, Inc.


More Definitions of Expense Allocation

Expense Allocation means the actual amount of Operational Overhead expense that is a direct cost of Buyer and its Affiliates, to the extent attributable to the Combined Products on a pro rata basis, expended during the relevant Calendar Year that is used for Operational Overhead to support optimization of Combined Net Sales, which amount shall be allocated as reasonably determined by Buyer in a manner consistent with Buyer’s forecasts with respect to the Combined Products that have been provided to Seller’s Representatives via e-mail on August 16, 2019; provided, that the Expense Allocation shall not exceed $25,000,000 per Calendar Year (pro- rated from the Closing for 2019), adjusted annually commencing in 2020 through 2024 to reflect annual increases in the Consumer Price Index for All Urban Consumers (CPI-U), prior to January 1, 2025. For the avoidance of doubt, commencing with the Calendar Year 2025, Expense Allocation may exceed the then operative $25,000,000 plus the accrued CPI-U adjustments. If any other Combined Product, other than Lazanda or the Products, is developed, acquired, or licensed by the Buyer in the United States, then the Expense Allocation may exceed the then applicable operative $25,000,000 plus the accrued CPI-U adjustments, and for purposes of determining the Expense Allocation amount for any Combined Products other than the Products and Lazanda, such Expense Allocation amount shall equal the actual amount of Operational Overhead expense that is a direct cost of Buyer and its Affiliates, to the extent attributable to such additional products on a pro rata basis, expended during the relevant Calendar Year that is used for Operational Overhead to support optimization of Combined Net Sales; provided, that the Expense Allocation amount shall be limited such that the percentage of Expense Allocation relative to Combined Net Sales for such relevant Calendar Year (inclusive of all Combined Products) shall in no event exceed the percentage of Expense Allocation relative to Combined Net Sales for the prior Calendar Year and in the case of any other Combined Product, other than Lazanda or the Products that is acquired or licensed prior to December 31, 2020, then the percentage of Expense Allocation relative to Combined Net Sales shall be calculated using the 2020 estimates that have been provided to Seller’s Representatives via e-mail on August 16, 2019 in respect of the Calendar Year 2020.
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Expense Allocation and “Expense Allocations” are defined in Section 7.01.
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Expense Allocation means the actual amount of Operational Overhead expense that is a direct cost of Buyer and its Affiliates, to the extent attributable to the Combined Products on a pro rata basis, expended during the relevant Calendar Year that is used for Operational Overhead to support optimization of Combined Net Sales, which amount shall be allocated as reasonably determined by Buyer in a manner consistent with Buyer’s forecasts with respect to the Combined Products that have been provided to Seller’s Representatives via e-mail on August 16, 2019; provided, that the Expense Allocation shall not exceed $25,000,000 per Calendar Year (pro-rated from the Closing for 2019), adjusted annually commencing in 2020 through 2024 to reflect annual increases in the Consumer Price Index for All Urban Consumers (CPI-U), prior to January 1, 2025. For the avoidance of doubt, commencing with the Calendar Year 2025, Expense Allocation may exceed the then operative $25,000,000 plus the accrued CPI-U adjustments. If any other Combined Product, other than Lazanda or the Products, is developed, acquired, or licensed by the Buyer in the United States, then the Expense Allocation may exceed the then applicable operative $25,000,000 plus the accrued CPI-U adjustments, and for purposes of determining the Expense Allocation amount for any Combined Products other than the Products and Lazanda, such Expense Allocation amount shall equal the actual amount of Operational Overhead expense that is a direct cost of Buyer and its Affiliates, to the extent attributable to such additional products on a pro rata basis, expended during the relevant Calendar Year that is used for Operational Overhead to support optimization of Combined Net Sales; provided, that the Expense Allocation amount shall be limited such that the percentage of Expense Allocation relative to Combined Net Sales for such relevant Calendar Year (inclusive of all Combined Products) shall in no event exceed the percentage of Expense Allocation relative to Combined Net Sales for the prior Calendar Year and in the case of any other Combined Product, other than Lazanda or the Products that is acquired or licensed prior to December 31, 2020, then the percentage of Expense Allocation relative to Combined Net Sales shall be calculated using the 2020 estimates that have been provided to Seller’s Representatives via e-mail on August 16, 2019 in respect of the Calendar Year 2020.
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Expense Allocation has the meaning set forth in Section 2.2(a).
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Expense Allocation means an amount equal to $1,600,000.00. For each calendar year beginning after 2023, the Expense Allocation will increase by an amount equal to the product of: (i) any increase in the aggregate corporate overhead expense of Company’s enterprise during the immediately preceding calendar year, as determined by Company in its reasonable discretion, multiplied by (ii) 0.5; provided that the Expense Allocation for any calendar year shall not be increased by more than $100,000, applied cumulatively during this Agreement. Company may, in its good faith and reasonable discretion, increase the Expense Allocation to take into account any increase in expense resulting from an Expansion. Notwithstanding the foregoing, if, during the Term, Company raises capital, Executive and Company shall discuss whether and to what extent equity, finance or corporate costs directly attributable to such capital raise shall be included in and added to the Expense Allocation for the purposes of determining NOI and Executive’s bonus hereunder. Executive is under no obligation to agree to any increase to the Expense Allocation due to such capital raise, and any increase to the Expense Allocation must be expressly agreed to in writing by Company and Executive.
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Expense Allocation means an amount equal to $1,600,000.00. For each calendar year beginning after 2023, the Expense Allocation will increase by an amount equal to the product of: (i) any increase in the aggregate corporate overhead expense of Company’s enterprise during the immediately preceding calendar year, as determined by Company in its reasonable discretion, multiplied by (ii) 0.5; provided that the Expense Allocation for any calendar year shall not be increased by more than $100,000 in any year up to an aggregate amount of $400,000 over the Term. However, if in a previous year the expense allocation would have been greater than $100,000, but was capped at $100,000 per the provision above, in the next year if the Expense Allocation is less than $100,000, it may be raised to the lesser of $100,000 or the amount of the Expense Allocation plus the difference between the previous years’ uncapped Expense Allocation and $100,000 (By way of example, if in year 2, the Expense Allocation would have been $125,000, but was capped at $100,000 per the provision above, and if in year 3, the Expense Allocation is $40,000, the previous year’s $25,000 excess may be added to year 3’s Expense Allocation, resulting in an Expense Allocation of $65,000 for year 3). For purposes of this Agreement, “Interest Expense” for any calendar year means the actual interest cost incurred by Company with respect to any funds borrowed from Company’s bank credit facility or a third-party and used to fund Heritage Global Capital LLC’s portion of any loan made by Heritage Global Capital LLC as calculated in accordance with Company’s standard accounting practices. For the purposes of this provision, references to Heritage Global Capital LLC include any special purpose vehicle subsidiary of Heritage Global Capital LLC and any entity in which a special purpose vehicle subsidiary is a member or participant. For further clarification, Interest Expense will not be deducted dollar for dollar from Executive’s Bonus, but as stated above, will be included in the calculation of the NOI of the Financial Assets Division in calculating Executive’s Bonus. Notwithstanding the foregoing, if, during the Term, Company raises capital for the benefit of Heritage Global Capital LLC (or any other division), Executive and Company shall discuss whether and to what extent equity, finance or corporate costs directly attributable to such capital raise shall be included in the Expense Allocation for the purposes of determining NOI and ...
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Related to Expense Allocation

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Final Allocation has the meaning set forth in Section 2.3.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit:

  • Carryover Allocation means an Allocation made to the Project if the Project will not be Placed in Service by close of the calendar year of the Allocation.

  • Tax Allocation Agreement means the Tax Allocation Agreement between Corporation and New D&B.

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Allocation shall have the meaning set forth in Section 2.7.

  • Required Allocations means (a) any limitation imposed on any allocation of Net Losses or Net Termination Losses under Section 6.1(b) or 6.1(c)(ii) and (b) any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), 6.1(d)(ii), 6.1(d)(iv), 6.1(d)(vii) or 6.1(d)(ix).

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Class B Fixed Allocation means, with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.

  • Allocation Schedule has the meaning set forth in Section 2.07.

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Allocation Period means (a) the period commencing on February 10, 2016 and ending on December 31, 2016, (b) any subsequent period commencing on January 1 and ending on the following December 31, or (c) any portion of the period described in clause (a) or (b) for which the Partnership is required to allocate Net Profits, Net Losses, and other items of Partnership income, gain, loss or deduction pursuant to ARTICLE IV.

  • Purchase Price Allocation has the meaning set forth in Section 2.6(a).

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Allocations means any and all of the allocations described in Sections 1.3(a), 1.3(b), 1.3(c) and 1.3(d) hereof.

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows:

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Tax Adjustment has the meaning set forth in Section 4.7.