SG&A Expense definition
Examples of SG&A Expense in a sentence
Except as provided in the immediately preceding paragraph, Manager shall not be entitled to reimbursement in respect of any expense or other amount that is an SG&A Expense.
IBM funding for this activity is included in the calculation of the IBM SG&A Expense.
Manager shall promptly reimburse the Business for any SG&A Expense paid by the Business.
Each party shall, for two years, keep true and accurate records and books of all elements related to the IBM SG&A Expense and DS Marketing Expense, as applicable, in particular, those containing all particulars which may be necessary for the purpose of auditing computation and actual realisation of such expenses.
The execution of the forecast shall be discussed at the Spring and the Fall Executive Meetings, in perspective with the discussion to be held simultaneously with regards to the execution of the IBM Target Revenue and of the IBM SG&A Expense.
Simultaneously with the discussion and preparation of the IBM SG&A Expense budget, DS shall prepare and remit to IBM the forecast for the DS Marketing Expense for the forthcoming year.
NOPAT1 (Short-Term Debt + Long-Term Debt + Total Equity - Cash)2 • Acquisitions will be treated as follows: • Year 1: remove acquisition from measurement completely • Year 2: remove amortization from the calculation • Year 3: no adjustments 1 NOPAT = (Gross Profit – SG&A Expense + Other Income (Expense), net) * (1-Effective Tax Rate) + Income from Equity Investments Includes adjustments as publicly disclosed in the Company’s quarterly earnings release.
Any federal, state or local income taxes, imposed on the Business and arising from Owner's period of ownership are, to the extent not included in SG&A Expense, the obligations of Owner, not of Manager, and shall be paid out of the Operating Accounts of the Business.
Manager shall, with the consent of the Operating Committee and, to the extent not included in SG&A Expense, at Owner's cost and expense, process all third party payment claims and appeals for the services provided at the Business, including without limitation, exhaustion of all applicable administrative proceedings or procedures, adjustment and denials by governmental agencies or their fiscal intermediaries and other third party payors.
The Management Fee and the reimbursement described in the immediately preceding paragraph shall be in addition to any and all other reimbursements due Manager, including, without limitation, to the extent not in SG&A Expense, reimbursements for Employment Costs and tax contests.