Allocated Expenses. Reference is made to the Fund Accountant Expense Allocation Methodology (the “Methodology”) as prepared and presented by HFMC to the Board and reviewed by Xxxxxx X. Xxxx & Co., Inc., or any successor to such consultant as may be appointed or engaged by the members of the Board who are not “Interested Persons” of the Funds, as that term is defined under the 1940 Act (the “Consultant”). Expenses allocated to HFMC by its parent company, Hartford Funds Management Group, Inc., pursuant to the Methodology, are referred to as the “Allocated Expenses.” For the avoidance of doubt, Allocated Expenses include only those expenses the allocation of which is consistent with the Methodology most recently presented to and reviewed by (i) the Board or (ii) at the direction of the Board, the Consultant.
Allocated Expenses. Reference is made to the Transfer Agency Expense Methodology (the “Methodology”) as prepared by HASCO, presented to the Board and reviewed by Txxxxx X. Xxxx & Co., Inc., or any successor to such consultant as may be appointed or engaged by the members of the Board who are not “Interested Persons” of the Funds, as that term is defined under the Investment Company Act of 1940 (the “Consultant”). Expenses allocated to HASCO by its parent company, Hartford Funds Management Group, Inc., pursuant to the Methodology, are referred to as the “Allocated Expenses.” For the avoidance of doubt, Allocated Expenses include only those expenses the allocation of which is consistent with the Methodology most recently presented to and reviewed by (i) the Board or (ii) at the direction of the Board, the Consultant.
Allocated Expenses. Reference is made to the Transfer Agency Expense Methodology (the “Methodology”) as prepared by XXXXX, presented to the Board and reviewed by the consultant appointed or engaged by the members of the Board who are not “Interested Persons” of the Funds, as that term is defined under the Investment Company Act of 1940, as amended (the “Consultant”). Expenses allocated to HASCO by its parent company, Hartford Funds Management Group, Inc., pursuant to the Methodology, are referred to as the “Allocated Expenses.” For the avoidance of doubt, Allocated Expenses include only those expenses the allocation of which is consistent with the Methodology most recently presented to and reviewed by (i) the Board or (ii) at the direction of the Board, the Consultant.
Allocated Expenses. In addition to the expenses and Management Fee referred to in Sections 7.1 and 7.2, Owner shall be allocated its pro rata share of the Manager’s expenses relating to the Manager’s corporate departments specified on Schedule 7.3(a). In addition, Owner shall be allocated its pro rata share of the direct expenses specified on Schedule 7.3(b). Additional detail regarding Manager’s corporate departments and the additional expenses described in this Section 7.3 are specified on Schedule 7.3(c).
Allocated Expenses. Manager has executed an agreement with the City of Galveston to construct, manage, and operate the Galveston Island Convention Center. As a further inducement to Manager to enter into this Agreement, Manager may use Hotels’ employees and resources of the Hotels, including but not limited to equipment, vehicles, supplies, etc., in order to minimize Manager’s costs, expenses and overhead in the execution and/or performance of its duties under the terms of its agreement with the City of Galveston. Manager shall reimburse Owner for Manager’s use of Hotels’ employees and resources, including but not limited to equipment, vehicles, supplies, etc., as agreed between the parties. Manager shall account to Owner on a monthly basis for the use of such resources, if any.
Allocated Expenses. (a) For each officer, employee or consultant of Provider that provides Services to Liberty (each, an “Employee”), Liberty shall be allocated an amount (the “Employee Compensation”) equal to his or her aggregate salary, bonus and health, retirement and other compensation and benefits paid by Provider (other than, in all cases, equity-based compensation paid by Provider) multiplied by his or her Liberty Percentage (as defined below); provided, however, that the Employee Compensation allocable to any Employee who holds the office of Vice President or higher of Liberty (each, a “Liberty Officer”) will not take into account any bonus amounts paid to such Employee by Provider. The “Liberty Percentage” with respect to any Employee will equal the estimate of the relative amount of time that such Employee will spend providing Services to Liberty over a defined period of time. Liberty will pay the Provider the aggregate Employee Compensation so allocated to it under this Section 2.1(a), together with such other costs and expenses as may be incurred by the Provider in connection with the provision of Services to Liberty hereunder (collectively with the aggregate Employee Compensation but exclusive of any Out-of-Pocket Costs (as defined below), the “Allocated Expenses”). The Allocated Expenses will be more fully set forth in, or determined from time to time in the manner set forth in, Schedule 2.1 attached hereto, as such Schedule may be periodically amended and revised by the parties. It is intended that the payments by Liberty to Provider under this Agreement in respect of Allocated Expenses are equivalent to those which Liberty would pay to a third party on an arm’s length basis for the same services. If the cost of any Service to be provided to Liberty under this Agreement is included in the Annual Allocation Expense (as such term is defined in the Facilities Sharing Agreement) payable by Liberty under the Facilities Sharing Agreement, then the cost of such Service shall not also be payable by Liberty under this Agreement.
Allocated Expenses. EBITDA shall be adjusted by the following amounts: (A) If and to the extent deducted in determining EBITDA, EBITDA shall be increased by expenses attributable to national or regional management personnel and offices of the Purchaser or any other USI Company; (B) if and to the extent the interest income allocated to the Company and Xxxxxx for any month of the period during which EBITDA is being determined is less than or more than the “Calculated Interest Income Amount”, then EBITDA will be adjusted to reflect the impact of the Calculated Interest Income Amount, and for this purpose the “Calculated Interest Income Amount” shall be the product of (1) the sum of $1,400,000 plus the Company’s trust account balance as of the end of each month multiplied by (2) the rate payable during such month on Columbia Government Reserves; (C) if the Purchaser determines that a cost, which had been borne solely by the Company either through the use of outside vendors or with Company employees, shall be replaced with national and/or regional employees or programs, then the Purchaser and the Stockholder Representative shall agree upon the annual adjustment, if any, which will be included as an adjustment to EBITDA (it is anticipated that the following changes to the Company’s operations may occur: expenses for insurances coverages, telecommunications, and information technology); and (D) the sum of $150,000 per annum (which represents a fixed adjustment agreed by the parties with respect to certain employee benefit matters).
Allocated Expenses. Accounting \ Based on a blended prorated amount of the appropriate Administration \ departmental transaction volume and the F.O.B. shipment MIS / dollar value. Shipping / Production - China Based on peoplecount, whereby an analysis of each person's time is used to determine the proportion of work performed with respect to Cap and/or OddzOn, and then a percentage of their time is used for allocation. For 1997, 6 and 2 equivalent people have been allocated to Cap and OddzOn, respectively, out of a total of 19. Sales Based on peoplecount, as per above. For 1997, 6 equivalent people have been allocated to Cap out of a total of 18.
Allocated Expenses. (a) LMC will pay the Provider for the Services based on an estimate of the relative amount of time an Employee spends providing Services to LMC (the percentage of the work performed by an Employee that consists of the provision of Services to LMC is referred to herein as the "LMC Percentage") and other costs and expenses to be incurred by the Provider in connection with the provision of Services to LMC hereunder (collectively, the "Allocated Expenses"). For each Employee, LMC shall be allocated an amount of his or her Employee Compensation equal to his or her LMC Percentage. The Allocated Expenses will be set forth in, or determined from time to time in the manner set forth in, Schedule 2.1 attached hereto, as such Schedule may be periodically amended and revised by the parties. It is intended that the payments by LMC to Provider under this Agreement in respect of Allocated Expenses are equivalent to those which LMC would pay to a third party on an arm's length basis for the same services.
Allocated Expenses. Notwithstanding the calculation of Tenant's Share of Project Expenses, Landlord may specifically allocate certain Project Expenses to specific tenants, including Tenant, based upon the nexus of such specific expense or service incurred to such tenant's building(s) and/or operations(s), as reasonably determined by Landlord. Allocated Project Expenses shall be paid in full by the designated tenant utilizing the monthly payment process set forth in this Section 10. If a tenant is assessed an allocated Project Expense, such Tenant's obligation to pay its share of standard Project Expenses shall be equitably adjusted (in no event shall Landlord recover more than one hundred percent (100.00%) of Project Expenses incurred).
