Initial Direct Costs definition

Initial Direct Costs with respect to a Lease means “initial direct costs” as that term is defined in Statement of Financial Accounting Standards (“FASB”) No. 91, dated December 1986, issued by the Financial Accounting Standards Board, as amended by FASB 98, dated May 1988.
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Initial Direct Costs means the Initial Direct Costs Rate multiplied by the number of Schedule 31 Critical Path Impact Days that cause the TBM to slow down or stop or prevent the TBM from commencing operation following a stoppage;
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Examples of Initial Direct Costs in a sentence

  • Loan origination fees and certain direct loan origination costs are being deferred in accordance with SFAS No. 91 "Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases".

  • Loan origination fees and certain direct loan origination costs are deferred in accordance with SFAS No. 91 "Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases".

  • Lessee acknowledges that Lessor will incur certain costs in establishing this transaction ("Initial Direct Costs") and that Lessor will amortize the Initial Direct Costs over the scheduled full term of the Lease.

  • Except for the Initial Direct Costs, each party shall be responsible for all of its own costs and expenses incurred in connection with the development of the Treatment Regimen.

  • Schedule 1.1 Contract Trial Balance Schedule 1.2 FF&E Schedule 1.3 Other Receivables Schedule 1.4 Past Due Leases Schedule 1.5 Pending Leases Schedule 1.7 Pre-Funded Leases Schedule 1.8 Prepaid Expenses Schedule 1.9 Reserve Listing Schedule 1.12 UNL Leases Schedule 1.13 Vehicle Leases Schedule 1.14 VenCore Receivables Schedule 1.15 Initial Direct Costs Schedule 2 Settlement Statement Schedule 5 Recourse Pool Both Parties agree to and accept such Updated Schedules.

  • Loan origination fees and certain direct loan origination costs are being deferred in accordance with SFAS No. 91 “Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases”.

  • Cira ▇▇▇ll submit invoices to Neoprobe, which state in reasonable detail the itemization of said Initial Direct Costs each calendar month and Neoprobe shall remit said amount, up to a total of $50,000.00 to Cira ▇▇▇hin thirty days of receipt of Cira'▇ ▇▇▇oice.

  • Lessee acknowledges that Lessor will incur -------------------- certain costs in establishing this transaction ("Initial Direct Costs") and that Lessor will amortize the Initial Direct Costs over the scheduled full term of the Lease.

  • If the Lease is terminated for any reason before the scheduled expiration of the Base Term, whether upon the exercise of any early termination option, a casualty occurrence or a default, in addition to all other amounts to be paid by Lessee, Lessee shall pay Lessor an amount equal to the unamortized portion of the Initial Direct Costs.

  • Neoprobe shall be responsible for the first $50,000.00 in direct costs (the "Initial Direct Costs") associated with the development of the Treatment Regimen.