Overhead allowance definition
Overhead allowance means an amount paid by the Office of
Overhead allowance means the amount New Borrower advances with respect to salaries and general overhead from the Petition Date until the Effective Date for New Borrower, or Existing Borrower’s parent or ultimate parent (but not Existing Borrower), but in no event more than $650,000.00.
Overhead allowance means an amount paid by the program to a certified redemption center to defray routine or fixed operating costs, such as utilities and insurance, pursuant to Section 21;
Examples of Overhead allowance in a sentence
Should the actual expenses of the Company incurred by the Managing Member total more or less than the 3% Overhead allowance, the difference amount will be either paid by the Company or returned by the Managing Member to the Company as the case may be.
Such Overhead allowance shall be used to pay for all expenses of the Company and the Managing Member during the period of construction and sale of the Project, including but not limited to field supervision, builder’s insurance, licensing fees, travel, lodging, and all manner of Company related expenses incurred by the Managing Members.
More Definitions of Overhead allowance
Overhead allowance means the overhead allowance to be paid to Developer in accordance with the provisions of Section 11 (b) of this Agreement.
Overhead allowance. Section 5.6(a).
Overhead allowance means an amount paid by the program to a certified redemption center to defray operating costs, pursuant to Section 21;