Expense Allowance definition

Expense Allowance shall have the meaning specified in Section 6.1.

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Expense Allowance shall have the meaning specified in Section 3.03.

Expense Allowance has the meaning set forth in Section 5.05.

Examples of Expense Allowance in a sentence

Amounts due between the Parties for each Accounting Period in respect of Reinsurance Consideration, Reinsurance Benefits, Expense Allowance, the Modified Coinsurance Adjustment, and any other amounts due between the Parties, including adjustments for previously estimated items and preliminary settlements, shall be determined on a net basis, in each case as reported by the Ceding Company on the Accounting Report.
The Reinsurer shall owe the Ceding Company the Expense Allowance in cash for each Accounting Period.
Within thirty (30) calendar days following the end of each Periodic Settlement Period, the Ceding Company shall deliver to the Reinsurer a coinsurance settlement report in the form of Schedule 5.1(a), including the Expense Allowance as calculated in accordance with Section 4.2 (the “Periodic Settlement Report”), in each case as of the end of the last day of such Periodic Settlement Period.
The Expense Allowance shall begin to accrue on the Effective Date and shall be assessed and paid as part of each Periodic Settlement Amount referenced in Section 5.2. Notwithstanding the foregoing, prior to the commencement of each calendar year during the term of this Agreement, the Ceding Company and the Reinsurer shall review, discuss and agree to any proposed adjustments to the Expense Allowance.
The Expense Allowance shall be assessed and paid on a quarterly basis as part of each Quarterly Settlement Amount referenced in Section 5.2. Notwithstanding the foregoing, prior to the commencement of each calendar year during the term of this Agreement, the Ceding Company and the Reinsurer shall review, discuss and agree to any proposed adjustments to the Expense Allowance.

More Definitions of Expense Allowance

Expense Allowance means any sum paid to an employee by an employer which is a bona ﬁde payment to meet an expense incurred or to be incurred by the employee wholly and exclusively in or for the purposes of the performance of the duties of his office or employment or in discharging functions authorised by the employer; and

Expense Allowance means an annualized per base policy expense allowance equal to the Reinsurer’s Quota Share multiplied by $42.50 for each Reinsured Policy payable on a monthly basis, which amount shall be increased (i) by 3% on the first anniversary date of the Effective Date and (ii) thereafter, by a compounded rate equal to the percentage increase, if any, in the employment cost index published by the United States Bureau of Labor Statistics at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇ on each subsequent anniversary date of the Effective Date.

Expense Allowance means that portion of Tenant's Percentage of Operating Expenses as described in Paragraph 6 below which Landlord has included in Monthly Base Rent, which, or purposes of this Lease, will be an amount equal to Tenant's Percentage of Operating Expenses for the 2000 calendar base year.

Expense Allowance means, for each Monthly Accounting Period, an amount determined in accordance with Schedule C.

Expense Allowance means the ceding commission payable in connection with the acquisition of the Reinsured Policies and as described in Schedule B.

Expense Allowance means, in respect of any Investment Pool, the “Expense Allowance”, as defined in the Western Insurance Agreement, payable by Western Insurance in respect of such Investment Pool.

Expense Allowance means the amount set out in Section 2.0;