Intercompany Charges definition

Intercompany Charges shall have the meaning set forth in Section 8.1.
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Intercompany Charges means charges to the Guarantor or its Subsidiaries for (i) fees for the procurement by any Xxx Company of goods and services from third parties for the benefit of the Guarantor or any of its Subsidiaries (but, for the avoidance of doubt, excluding reimbursements to any Xxx Company for the actual cost of such goods and services except for those items identified in clause (iv) of this definition), (ii) the corporate overhead of the Xxx Companies (including, without limitation, administration, financial services, legal, human resources, building services, editorial support, and Xxx Xxxxx facilities), (iii) Xxx Company management, corporate sales and marketing, and information technology costs, and (iv) (a) online fees, (b) allocated audit and consulting charges, (c) compensation of publishers, and (d) compensation of outside directors, in the case of the foregoing subclauses (a) to (d), inclusive, to the extent actually paid by any Xxx Company; the charges referred to in the foregoing clauses (i) to (iv), inclusive, shall be allocated to the Guarantor and its Subsidiaries in a manner consistent with past practices.
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Intercompany Charges shall have the meaning as specified in Section 2.6(b)(i). <PAGE> 5
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Examples of Intercompany Charges in a sentence

  • A monthly accounting of the Intercompany Charges shall be presented to both Lender and Borrower by the fifteenth calendar day of the following month and shall be deemed final on the 22nd calendar day of the following month (or such earlier date as mutually agreed to by Lender and Borrower).

  • Intercompany Charges shall be accounted for by The Irvine Company using generally accepted accounting principles.

  • Accordingly, the Debtors seek permission to continue contributing funds to WLIL and other WACs via Postpetition Intercompany Transfers and payment of Intercompany Charges in the ordinary course of business.

  • The Proposed Monitor is of the view that the Intercompany Charges are necessary to provide priority security for the repayment of such intercompany obligations and if appointed as Monitor, FTI intends to monitor all such payments, obligations or transfers as between the Applicants for the purposes of determining the amounts subject to the Intercompany Charges.

  • Independent News and Media's main newspapers are the Irish Independentand the Sunday Independent, which are Ireland's largest-selling titles.

  • The Intercompany Charges are necessary to allow the Debtors to fairly allocate global expenses to each of the WACs so that no single WAC (and the WAC’s creditors) bears a disproportionate share of the global costs of running the Debtors’ business.

  • EX HK GOL Jap EX Canada ------------------------------------------------------------------------------------------- Current Month-Apr-02 Funding 59,256 1,454 Intercompany Charges (10,385) Payment of Court payble Stipulations Return Of Funds AR-Receipts received by Exds, Inc.

  • The allocation of the Intercompany Charges is made pursuant to various servicing agreements entered into either between the Servicing Entities and WLIL, or between WLIL and the AssetCos.

  • In this situation, other WACs may be required to contribute liquidity to pay for Intercompany Charges allocated to other WACs. As discussed herein, all Operating Expenses are pooled at WLIL and are charged down to the WACs through Intercompany Charges; thereby creating an intercompany receivable in favor of WLIL and a corresponding intercompany payable at each applicable WAC.

  • When a WAC has insufficient liquidity to pay its Intercompany Charges, other WACs may be required to fund the shortfall.

Related to Intercompany Charges

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are payable by Seller or any of its Affiliates (other than the Company or its Subsidiaries) to the Bank, the Company or its other Subsidiaries.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Intercompany Subordination Agreement means a subordination agreement executed and delivered by Borrowers and Agent, the form and substance of which is satisfactory to Agent.

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Cancellation Charges means collectively (i) the Booking Amount; (ii) all interest liabilities of the Allottee accrued till date of cancellation; and (iii) brokerage paid to real estate agent/channel partner/broker, if any (iv) the stipulated charges on account of dishonour of cheque; (v) administrative charges as per Promoter’s policy and (vi) amount of stamp duty and registration charges to be paid/paid on deed of Cancellation of this Agreement

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter's balance and/or nomination requirements.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party and (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.