Shared Costs definition

Shared Costs means the costs and expenses incurred in the administration of the Facility which include, but are not limited to, the Participants Assembly, meetings of the Participants Committee, Steering Committee and the activities undertaken by the Facility Management Team for both the Readiness Fund and the Carbon Fund;

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Shared Costs has the meaning set forth in Section 10.3.

Shared Costs shall have the meaning specified in Section 14.15(b).

Examples of Shared Costs in a sentence

• Interest of 4 % per year, calculated on a daily basis, will be assessed on late payments of the Shared Costs (including Initial Shared Costs).

• Interest will be payable at the end of every calendar quarter (i.e., interest on Shared Costs that is due but unpaid by the end of July, August, and/or September is due and payable on the last day of September).

• Interest of 2% per year, calculated on a daily basis, will accrue on the Initial Shared Costs, from July 1, 2018 until March 31, 2019, inclusive, and such interest shall be deferred until and paid on or before March 31, 2019, in a single installment.

• Shared Costs due for any period of less than a full month will be appropriately apportioned based on the number of days in that month, and shall be so described in applicable invoice to be prepared by Landlord.

• No later than the 15th of February, an invoice covering the preceding calendar year shall be established by each Party to reflect the actual Shared Costs incurred by each Party during such year, and taking in particular into account the Crédit d'Impôt Recherche received by each Party for such year which reduces the actual burden of such costs for such Party.

More Definitions of Shared Costs

Shared Costs means any Shared Commercialization Costs or Shared Development Costs.

Shared Costs means the costs of the Transmission Project which the Participants have agreed to share, as defined in Section 3.01. Standard Form Transmission Agreement

Shared Costs means costs arising out of shared functions between two State- operated inpatient facilities.

Shared Costs means (a) Development Costs, (b) Commercial Manufacturing Costs, (c) Commercialization Expenses, and (d) any Third Party license payments in accordance with Section 8.1.2.2(b); in each case for (a) through (d) as such costs are incurred by either Party or their Affiliates in connection with a Collaboration Product on or following the date that PIRS receives the Option Notice for such Collaboration Product in accordance with the applicable CoDev Product Plan and Joint Development Budget for such Collaboration Product, subject to [***] as set forth in Section 9.1.2. For clarity, Shared Costs shall not include costs incurred by a Party in the performance of any Unsponsored Work.

Shared Costs is defined in Section 5.1(d) of this Agreement.

Shared Costs means those costs that will be subject to the contribution provisions set forth in Section 4.2. Such costs shall include only the following costs and charges, net any and all grants or subsidies related to any of the foregoing expenses, including, for example, French Crédit d'Impôt Recherche and any other equivalent grant (be it in the USA or in France): - all external expenses related to the Development Program, including: ● costs and expenses associated with conducting development activities; ● expenses for all clinical, pre-clinical and pharmaceutical activities (including production of API and formulation); ● consulting expenses and vendor costs directly related to the Development Program; ● intellectual property expenses paid in connection for the filing and prosecution of patents stemming from patent applications filed after the Effective Date, except expenses incurred as from entering into national examination phase; ● license fees paid in connection with any patents owned and/or controlled by Third Parties for which a license or other authorization is necessary for the development (with the exception of any royalties, fees and expenses incurred by LMS in connection with the Patents); ● costs associated with external dedicated personnel directly involved in the Development Program; ● legal costs (other than expenses relating to intellectual property referred to above) involved in carrying out the Development Program, up to 20,000€, excl. tax, per year; ● insurance expenses involved in carrying out the Development Program; and - any other items contemplated in the Program Budget. Confidential

Shared Costs means the oversizing costs, as approved by the Town, incurred by the Developer in designing, constructing and installing the Municipal Improvements to also serve future developments.