Intercompany Charges definition

Intercompany Charges shall have the meaning set forth in Section 8.1.
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Intercompany Charges shall have the meaning as specified in Section 2.6(b)(i). <PAGE> 5
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Intercompany Charges means charges to the Guarantor or its Subsidiaries for (i) fees for the procurement by any ▇▇▇ 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 ▇▇▇ 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 ▇▇▇ Companies (including, without limitation, administration, financial services, legal, human resources, building services, editorial support, and ▇▇▇ ▇▇▇▇▇ facilities), (iii) ▇▇▇ 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 ▇▇▇ 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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Examples of Intercompany Charges in a sentence

  • The Minimum Advance requirement does not apply to Net Intercompany Charges.

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

  • 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).

  • The Deferred Intercompany Charges may be prepaid by Caliber, in whole or in part, at any time without penalty.

  • All payments made on account of the Deferred Intercompany Charges shall be applied first to accrued and unpaid interest, and then to the unpaid principal balance of such Charges.

  • The unpaid principal balance of the Deferred Intercompany Charges shall bear interest commencing on the Effective Date at one percent (1%) above the prime rate as published by NationsBank, N.A., in Baltimore, Maryland, on the last business day of each calendar quarter during which there were principal amounts outstanding.

  • The parties agree that this provision shall not permit ▇▇▇▇▇ to impose Intercompany Charges other than as allowed under Section 2.6(b)(i) hereof.

  • The Deferred Intercompany Charges, together with accrued and unpaid interest at the rate set forth above, shall be due and payable in any event on the third anniversary of the Effective Date.

  • Notwithstanding the foregoing, the ------------------- Deferred Intercompany Charges, together with accrued and unpaid interest at the rate set forth in Section 5.2.1, shall be due and payable on demand by Sylvan upon the closing, if any, of an Initial Public Offering by Caliber.

  • The Deferred Intercompany Charges shall be ---------- payable by Caliber to Sylvan in forty-eight (48) equal consecutive monthly installments of principal together with accrued interest commencing on the first anniversary of the Effective Date.

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 Bank or the Transferred Subsidiaries) to the Bank or the Transferred Subsidiaries.

  • collection charges means the charges which the Municipality is entitled to recover in terms of section 75A(1) of the Systems Act, and includes the administrative cost –

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

  • 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(d).