Shared Expense definition

Shared Expense means any expense incurred by Carrier for the provisions of services on Carrier’s system where the expense is not a Direct Expense and includes Environmental Compliance Costs and Flow Through Expense impacting the Carrier’s entire TNPI System.
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Shared Expense or “Shared Expenses” shall mean, collectively, all of the expenses of operating, maintaining, repairing and replacing the SWMS (except to the extent Drainage Facilities are to be operated, maintained, repaired and replaced by an individual Lot Owner), and the expenses of maintaining, repairing and replacing the landscaping of the Common Roads in and adjoining AmeraCenter.
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Shared Expense means (i) one-half of the filing fee paid by Parent in connection with filing the Premerger Notification and Report Forms pursuant to the HSR Act and (ii) one-half of the fee charged by PricewaterhouseCoopers LLP to perform a review and/or assist in the preparation of the Closing Statement of Net Assets.
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Examples of Shared Expense in a sentence

  • Each Party shall be responsible for payment of thirty three and one-third percent (33 1/3 %) of any Specified Shared Expense, except with respect to certain Specified Shared Expenses that are otherwise allocated between the Parties pursuant to the Tax Sharing Agreement.

  • Except as otherwise set forth on Schedule 1.1(165) or with respect to certain Specified Shared Expenses that are otherwise allocated between the Parties pursuant to the Tax Sharing Agreement or other Ancillary Agreements, the Parties shall be responsible for payment of any Specified Shared Expense based on the following allocations: Tyco, 65.625% and ADT NA, 34.375%.

  • Tyco shall be responsible for administering each Specified Shared Expense.

  • To the extent water, sewer and refuse disposal for the Premises and other tenant space within the Building are not separately billed to Lessee and the other tenants of the Building, the costs for such services shall be paid by Lessee to Lessor as a Shared Expense.

  • Each Party shall pay each invoice for Shared Expenses promptly upon, and in any event within ten (10) days of, receipt of written notice thereof from the Shared Expense Administrator.

  • If any Party defaults in the payment of a Shared Expense following receipt of an invoice as provided above, the other Party or Parties may, after providing the defaulting party with notice in accordance with Section 9.1 hereof, make such payment on behalf of the defaulting Party and the defaulting Party shall promptly reimburse the paying Party for all amounts paid by such paying Party on the defaulting Party’s behalf, including interest on such amounts at the Default Rate.

  • In no event shall a Party be entitled to include as a Shared Expense or in the calculation of Net Sales, or otherwise be entitled to reimbursement for, any PDE Cost amount in excess of the Calendar Quarter PDE caps set forth on Exhibit A (as may be amended from time to time).

  • To the extent any Loan Seller has paid any Shared Expense prior to the closing, such Loan Seller shall be reimbursed for such Shared Expense on the Closing Date.

  • To the extent that Shared Expense invoices are presented after the Closing Date, such Shared Expenses shall be divided among the Loan Sellers in accordance with each Loan Seller's Shared Expense Percentage.

  • Each Party shall be responsible for payment of thirty three and one-third percent (33 1/3 %) of any Specified Shared Expense.


More Definitions of Shared Expense

Shared Expense or “Shared Expenses” shall mean, collectively, all of the expenses of operating, maintaining, repairing and replacing the SWMS (except to the extent Drainage Facilities are to be operated, maintained, repaired and replaced by an individual Lot Owner), and the expenses of maintaining, repairing and replacing the landscaping of the Common Roads in and adjoining NARCOOSEE RESERVE..
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Related to Shared Expense

  • Covered Expense means expense incurred only for the following:

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • Medical expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to: