Plan Costs definition

Plan Costs means the following costs incurred by a Party directly in connection with the performance of its obligations under the applicable Plan in accordance with this Agreement and the applicable Plan, but solely to the extent set forth in the JSC-approved budget (based on Quarters) for the applicable Plan:

Plan Costs means all out-of-pocket, direct and allocated expenses ordinary and necessary to the execution of a PMT-approved R&D Work Plan, Preclinical Work Plan, Clinical Work Plan, Production Work Plan or Regulatory Work Plan as more fully set forth in Section 4.4.

Plan Costs means all out-of-pocket, direct and allocated expenses ordinary and necessary to the execution of the DEVELOPMENT PLAN. Such expenses include: (i) out-of-pocket costs, which include payments to Third Parties for supplies, materials, and contracted outside services, (ii) direct labor costs which include the compensation, benefits and travel costs of ILEX employees required to carry out the DEVELOPMENT PLAN; (iii) ILEX research and development department overhead which is an allocation of general operating expenses such as depreciation, rent, utilities, taxes, insurance and administrative salaries; (iv) allocated ILEX general and administrative overhead which includes administrative costs such as legal, information services, human resources and general management, but excluding business development, licensing and marketing. PLAN COSTS shall be accumulated in accordance with generally accepted accounting principles. Allocations shall be handled on a consistent basis.

Examples of Plan Costs in a sentence

• This document shall set Annual Funding increases at a minimum of 5% and a maximum of 14% as determined by the Fund needs to finance the Expected Plan Costs for the forthcoming year; plus or minus the Fund needs to move towards meeting or maintaining the Ideal Fund Balance Target for the forthcoming year.

• The Social Security Administration transmits data from Form SSA 1020B-OCR-SM, Application for Extra Help with Medicare Prescription Drug Plan Costs, to the department.

• SCHEDULE OF BENEFITS:All Coverages and Plan Costs listed in this Evidence of Benefits are in U.S. Dollar amounts.

• That an applicant has completed the Application for Help with Medicare Prescription Drug Plan Costs and received a determination from the Social Security Administration.

• Examples include: Salaries and Benefits, Services and Supplies, Cost Plan Costs, etc.

More Definitions of Plan Costs

Plan Costs means the Prepaid Plan Costs and Annual Plan Costs.

Plan Costs means the costs incurred by Auctus to be a proponent of the Plan, including, without limitation, attorneys’ fees and costs, consultants’ fees and costs, and out of pocket costs and expenses.

Plan Costs means the costs related to preparation of general plan, functional plan, master plan, advance plan, preliminary plan, including feasibility studies.

Plan Costs means the costs, charges and expenses permitted to be paid from the plan fund in accordance with section 34;

Plan Costs means the costs incurred or which are to be incurred to effect, implement and complete the Plan.

Plan Costs means the sum of (a) the amount determined by Agent as a good faith estimate of the amount of accrued but unpaid professional fees and expenses and other closing costs incurred by Borrower (or in respect of which Borrower is obligated to reimburse Agent or any other party) in connection with the closing of the transactions contemplated under this Agreement and the consummation of the transactions contemplated by the Plan, and (b) all amounts required to be paid under the Plan.

Plan Costs means the following costs incurred by a Party directly in connection with the performance of its obligations under the applicable Plan in accordance with this Agreement and the applicable Plan, but solely to the extent set forth in the JSC-approved budget (based on Quarters) for the applicable Plan: (d) [***]any other costs or expenses specifically identified and included in the applicable Plan or otherwise expressly included as Plan Costs under this Agreement. [***]