Transitional Costs definition
Transitional Costs. - means the costs of changing from an existing provider of a procurement item to another provider of that procurement item; or from an existing type of procurement item to another type; includes training costs; conversion costs; compatibility costs; costs associated with system downtime; disruption of service costs; staff time necessary to implement the change; installation costs; and ancillary software, hardware, equipment, or construction costs; and does not include the costs of preparing for or engaging in a procurement process; or contract negotiation or drafting costs.
Transitional Costs means the following categories of expenses commencing May 1, 2016.
Transitional Costs means all costs incurred by Seller that are identified in Exhibit “J”.
Examples of Transitional Costs in a sentence
In consideration of Purchaser’s utilization of the Retained Employees, Purchaser agrees to reimburse Seller for the Transitional Costs that accrue during the period of utilization of the respective Retained Employees.
LTC Home Transitional Costs – identifying and addressing the eventual cost pressures due to transitional costs associated with the anticipated transfer of long-term care beds to community providers.
Herndon shall pay to ▇▇▇▇▇▇▇▇ all Excess Transitional Parking Costs upon the earlier to occur of (i) thirty days after receipt by Herndon of written invoice from ▇▇▇▇▇▇▇▇ detailing the Excess Transitional Costs, together with third party invoices or other reasonable supporting documentation, or (ii) the Arts Unit Closing.
Notwithstanding the foregoing, Buyer reserves the right to charge the Transitional Participants any portion of the Transitional Costs.
More Definitions of Transitional Costs
Transitional Costs means all costs incurred by Seller that are identified in Exhibit “J”. Asset Purchase Agreement, MTBC & RMB A-32 EXHIBIT “B” EXCLUDED ASSETS All accounts receivable identified on Exhibit “G” hereto and accounts receivable related to revenue earned by Seller through April 2016 and invoiced on or before May 10, 2016 for Medical Billing Services provided by Seller to Clients through the Closing Date. All of Seller’s cash and cash equivalents. All books, records, ledgers, files, documents and correspondence and lists of Seller relating to the corporate organization of Seller or Seller’s tax, accounting and financial records for all periods prior to the Closing Date, and the corporate records, taxpayer identification numbers, and books of account (including accounting records relating to the Business). All claims, causes of action, suits and rights relating to Excluded Assets. All insurance policies and claims thereunder. All furniture, fixtures, equipment (including, without limitation, computers, electronics, & communications equipment) and appliances. Asset Purchase Agreement, MTBC & RMB A-33 EXHIBIT “C” ▇▇▇▇ OF SALE This ▇▇▇▇ of Sale is made effective as of April 30, 2016, by and among RENAISSANCE MEDICAL BILLING, LLC., (“Seller”), a Tennessee limited liability company with its principal office situated ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, and (“Seller”); and Medical Transcription Billing, Corp., a Delaware corporation with its principal office situated at ▇ ▇▇▇▇▇ ▇▇▇▇, Somerset, New Jersey 08873 (“Purchaser” or “MTBC”).
Transitional Costs means the actual incremental costs incurred by Genzyme in connection with the commencement of the manufacturing process for the Shortfall Products for which Genzyme has obtained a Manufacturing License, including, but not limited to technology transfer, manufacturing scale-up and validation, regulatory compliance, quality control and quality assurance.
Transitional Costs. Section 7.7(c)(ii) “Transitional Participants” Section 7.7(c)(i)
Transitional Costs means all costs incurred by Seller that are identified in Exhibit “J”. Asset Purchase Agreement, MTBC & RMB A-32
Transitional Costs means an amount equal to the sum of claims incurred on and after the Closing and payable under the terms of Seller’s group medical plan consistent with past claims adjudication practice (and not covered by re-insurance), third-party administration costs and stop-loss premiums attributable to the Transitional Participants. Notwithstanding the foregoing, Buyer reserves the right to charge the Transitional Participants any portion of the Transitional Costs.