Intangible Development Costs definition

Intangible Development Costs of a Party shall be the amounts specified for that term in Article 2.
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Examples of Intangible Development Costs in a sentence

  • Intangible Development Costs represent development expenditures other than cost of development ▇▇▇▇▇ and production facilities such as but not limited to installation costs, mobilization of barges to be used in installation, engineering studies and the like.

  • Expenditure Reports ● CERCD Form 1 - Exploration, Development and Production Summary ● CERCD Form 2 - Summary of Inventory ● CERCD Form 3 – Depreciable/ Amortizable Assets ● CERCD Form 4 – Direct Survey Expenditures ● CERCD Form 5 – Details of Direct Well Costs ● CERCD Form 6 – Direct Intangible Development Costs ● CERCD Form 8 – Overhead/ Indirect Expenses B.

  • A Party’s “Cost Share” tor a particular Fiscal Year shall be the Aggregate Allocable Intangible Development Costs for that Fiscal Year multiplied by that Party’s Cost Share Percentage.

  • Aggregate Allocable Intangible Development Costs of the Intangible Development Activity shall be borne by each Party based upon the reasonably anticipated benefits (‘“RAB”) to be derived by each Party as a result of utilization of the Developed Intangible Property Rights.

  • Intangible Development Costs shall include direct costs of the relevant activities and an allocable share of administrative or overhead costs.

  • Before or during each Fiscal Year, the Parties shall agree on a budget of Intangible Development Costs expected to be incurred pursuant to the Intangible Development Activity during that Fiscal Year.

  • Expenditure Reports ● CERCD Form 1 – Exploration, Development and Production Summary ● CERCD Form 2 – Summary of Inventory ● CERCD Form 3 – Depreciable/ Amortizable Assets ● CERCD Form 4 – Direct Survey Expenditures ● CERCD Form 5 – Details of Direct Well Costs ● CERCD Form 6 – Direct Intangible Development Costs ● CERCD Form 8 – Overhead/ Indirect Expenses B.

  • Such Aggregate Allocable Intangible Development Costs shall be determined annually and paid in accordance with Section 3.4, Section 4.1, Section 4.3, Section 4.4 and Section 4.6 as well as reconciled annually in accordance with Section 3.6, Section 3.7 and Section 4.2.

  • Where any indirect costs or direct costs benefit both Aggregate Allocable Intangible Development Costs and Specific Intangible Development Costs, an allocation shall be made using methods that are mutually agreed to be consistent, reasonable and in keeping with sound accounting practices.

  • All Specific Intangible Development Costs shall be allocated in their entirety to the Party to whom the particular Specific Development pertains.

Related to Intangible Development Costs

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Patent Costs means the reasonable fees and expenses paid to outside legal counsel, and filing, maintenance and other reasonable out-of-pocket expenses paid to Third Parties, incurred in connection with the Prosecution and Maintenance of Patent Rights.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.