Overhead Charge definition
Overhead Charge means, beginning in the Contract Year of First Commercial Sale, on a country-by-country basis for each of the Major Market Countries an amount agreed upon in local currency by the Parties at least eighteen (18) months prior to the Anticipated First Commercial Sale in such country to cover [************************] such amount to be adjusted as of January 1 of each following calendar year by the percentage increase or decrease, if any, in the CPI. For the avoidance of doubt, “Overhead Charge” shall not include any amounts included in Medical Affairs Cost, Sales Force Cost or any other amounts otherwise included in the definition of “Shared Promotion Expense.”
1. 115 “Party” or “Parties” shall have the meaning set forth in the introductory paragraph.
Overhead Charge is determined by the federally approved Overhead Rate that may be adjusted on October 1st of each year. The current Overhead Rate is eight and twenty two hundredths percent (8.22%).
Overhead Charge means, beginning in the Contract Year of First Commercial Sale, on a country-by-country basis for each of the Major Market Countries an amount agreed upon in local currency by the Parties at least eighteen (18) months prior to the Anticipated First Commercial Sale in such country to cover [************************] such amount to be adjusted as of January 1 of each following calendar year by the percentage increase or decrease, if any, in the CPI. For the avoidance of doubt, “Overhead Charge” shall not include any amounts included in Medical Affairs Cost, Sales Force Cost or any other amounts otherwise included in the definition of “Shared Promotion Expense.”
Examples of Overhead Charge in a sentence
The "Overhead Charge" is determined by the federally approved Overhead Rate that may be adjusted on October 1st of each year.
The following allocations will be applied to the Direct Labor Charges: Payroll Overhead Charge will be calculated to recover costs associated with labor, such as pension, benefits, lost time and payroll taxes.
More Definitions of Overhead Charge
Overhead Charge means the percentage uplift applied on Actual Costs as detailed in Annex 5 of the Offer Letter;
Overhead Charge means (i) for Paper-Based Products, the product of 5 percent multiplied by the sum of (A) the Direct Acquisition Cost and (B) the Paper Production Margin, and (ii) for Non-Paper Products, the product of 8 percent multiplied by the Direct Acquisition Cost.
Overhead Charge means, with respect to each billing month, the Tenant Base Amount for such billing month multiplied by twenty-five percent (25%).
Overhead Charge means the sum of (i) $350,000 plus (ii) all salary and benefits allocable to any employee during the Profit Measuring Period who is hired by Buyer pursuant to ▇▇▇▇▇▇▇ ▇'▇▇▇▇▇▇▇'▇ exercise of his rights under the Employment Agreement.
Overhead Charge shall have the meaning set forth in Section 3.10 of Exhibit B to this Agreement.
Overhead Charge means a monthly charge calculated in accordance with paragraph 3.1(D) of Schedule 7 (Charging & Operational Pricing);
Overhead Charge means five percent (5%) of that part of the Actual Cost that does not relate to National Grid Internal Works;