Managed Expenses definition
Managed Expenses means [*****]
Managed Expenses means the actual invoiced amounts (excluding any EDS administrative fee or overhead charges) charged to Coors by third parties that Coors has agreed to pay, after the accuracy of such invoiced amount is first validated by EDS.
Managed Expenses means the costs incurred by the Commonwealth for Managed Employees as described in Section 7 below and the actual costs incurred by the Commonwealth for the specific Oracle products called Database Enterprise Edition, Diagnostics Pack, Tuning Pack, Real Application Clusters, and other products or services as mutually agreed to by the Parties in accordance with Section 27.5 of the Agreement. With respect to such products or services, the Parties must agree in advance and in accordance with Section 27.5 of the Agreement to all changes that impact the cost, such as additional licenses, renewals, or upgrades, and whether such cost will be the Commonwealth’s responsibility or treated as a Managed Expense. The Managed Expenses will not be included in the calculation of the Overall Fee Limitation.
Examples of Managed Expenses in a sentence
Vendor will provide a monthly credit to the Commonwealth for Managed Expenses.
Coors shall have the right, in its sole discretion to revise, terminate or replace any contract resulting in Managed Expenses, in each case without additional charge by EDS; provided, however, that any revision, termination or replacement of any Third Party Contract identified as a "Managed Contract" on Schedules 5.3(a)(i) or 5.3(a)(ii) shall be subject to the Change Control Procedures specified in Section 12.4.