Net Costs definition

Net Costs is hereby defined to mean Landlord's total costs incurred in operating, managing, equipping, lighting, repairing, insuring and maintaining the Common Areas plus a reasonable amount for depreciation of equipment actually used and excluding (if otherwise included therein) capital costs, interest and real property taxes or assessments.

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Net Costs means costs of goods sold in accordance with GAAP, less Marketing Expenses.

Net Costs means projected costs to administer the Unified Program during the fiscal year, minus any money collected from grants, reimbursements, penalties, cost recoveries, and allocations from the Rural CUPA Reimbursement Account. Any surplus or deficit from the preceding fiscal year will be subtracted from or added to the designated agency’s cost projections for the following fiscal year.

Examples of Net Costs in a sentence

• Each Service Provider shall submit a statement to each applicable Service Recipient no later than twenty (20) calendar days after the end of each calendar [month/quarter/half] (unless otherwise agreed to by the parties), with respect to the amount of Net Costs payable by such Service Recipient for such month (a “Statement”).

• The operational criteria and credit allocations set forth in this Article will not in any way affect Purchaser’s unconditional obligations to pay Net Costs or other amounts due under this Agreement.

• SIGNED for and on behalf of Nottingham University Hospitals NHS Trust SIGNED for and on behalf of [Company] Name: Name: Position: Position: Signature: Signature: Deliverables # Milestone Date Resource Success Criteria 1 3 Approved Costs Cost Categories Total Costs NET (£) Labour Costs Materials Cost Capital Equipment Costs Sub Contract Costs Travel & Subsistence Costs Indirect Costs Other Costs Total Net Costs The payment shall be made within 30 days of the Commencement Date.

• In such ensuing Fiscal Year, AVIATION may implement such Capital Improvement(s) and recover through Rentals, Fees and Charges a proper allocation of the Net Costs of such Capital Improvement(s) as provided for in Section 5.02(B) of this Agreement.

• Each Service Provider shall submit a statement to each applicable Service Recipient no later than twenty (20) calendar days after the end of each calendar month (unless otherwise agreed to by the parties), with respect to the amount of Net Costs payable by such Service Recipient for such month (a “Statement”).

More Definitions of Net Costs

Net Costs will, for purposes of this Section 3.05, include all Costs applicable to the Shared Project less any amounts for which WilTel has actually received reimbursement from a third party where such reimbursement is reduced by the amount of the direct expenses incurred by WilTel in collecting such third party reimbursement, including legal expenses.

Net Costs means Landlord's costs and expenses incurred in the operation of the Center as described in Section 5.2 below.

Net Costs means the difference between the costs of an undertaking, obligated to provide universal service, and the costs without obligation to provide universal service, plus the revenues from the provision of universal service and an account of the advantages resulting from the obligation to provide universal service.

Net Costs means any costs relating to the use of any SFT or TRS increasing the running costs of the Company or any Fund which exceed the reduction of costs generated through the use of such SFT or TRS

Net Costs has the meaning set forth in Section 2 of Appendix A hereof.

Net Costs for any period shall mean the excess of (x) the Total Costs for such period over (y) the sum of all amounts received by VTransco during such period from all sources other than from companies under this Agreement, including revenues from the sale of power or from the transmission thereof.

Net Costs means actual costs incurred reduced by investment tax credits received on directly related expenditures;