General and Administrative Costs means reasonable, normal and customary expenses and costs paid or payable that are classified as general and administrative costs, including salaries and all other compensation to the management of the Borrower, consulting fees, salary, rent, supplies, travel and entertainment, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Borrower.
General and Administrative Costs means all customary and routine legal, accounting, data processing, depreciation (other than depreciation relating to real property), geological, engineering, travel, office rent, telephone, secretarial, employee compensation and benefits, and other items of a general and administrative nature, whether like or unlike the foregoing, and any other incidental expenses reasonably necessary to the conduct of the Limited Partnership's business, and generated by the General Partner or any Affiliate (including the Depositary) other than an Affiliated Program computed on a cost basis, determined by the General Partner in accordance with generally accepted accounting principles and subject to review by an independent public accountant or certified public accountant in connection with the annual audit of the Limited Partnership and its Affiliates. General and Administrative Costs shall not include any Direct Administrative Costs or costs of the Production Partnership.
General and Administrative Costs means all customary and routine legal, accounting, data processing, depreciation (other than depreciation relating to real property), geological, engineering, travel, office rent, telephone, secretarial, employee compensation and benefits, and other items of a general and administrative nature, whether like or unlike the foregoing, and any other incidental expenses reasonably necessary to the conduct of the Production Partnership's business, including the acquisition, operation and administration of Producing Properties, computed on a cost basis, determined by the Managing Partner in accordance with generally accepted accounting principles and subject to review by an independent public accountant or certified public accountant in connection with the annual audit of the Production Partnership and its Affiliates. General and Administrative Costs shall not include any costs includable under the foregoing but which are included as Property Acquisition Costs, Direct Administrative Costs, cost incurred in connection with Development Drilling, Identified Development Drilling and Improved Recovery projects, or Operating Costs.
Examples of General and Administrative Costs in a sentence
Supporting schedules for Revenue and General and Administrative Costs Allocation are also required.
The budget reallocation does not increase the percentage rate of Indirect Overhead, Fringe Benefits, General and Administrative Costs, or any other rates listed in the budget.
The balance of General and Administrative Costs and Service Costs not allocated to Exploration Costs or Development Costs shall be allocated to Production Costs.
The CMGC construction services fee consists of the CMGC Contractor’s profit plus the portion of home office overhead (G&A: General and Administrative Costs) allocated to the project, where home office overhead (G&A) is defined as the cost of activities that are necessary to the overall operation of the CMGC Contractor’s business allocated to all of the CMGC Contractor’s ongoing projects, including insurance that is maintained by the CMGC Contractor as a general cost of doing business.
Allowability of General and Administrative Costs The Department recognizes that allowable general and administrative (G&A) costs are essential and legitimate costs of provider agencies and shall not adopt internal policies that arbitrarily or capriciously restrict or prohibit these costs.
More Definitions of General and Administrative Costs
General and Administrative Costs means all customary and routine legal, accounting, data processing, depreciation (other than depreciation relating to real property), geological, engineering, travel, office rent, telephone, secretarial, employee compensation and benefits, and other items of a general and administrative nature, whether like or unlike the foregoing, and any other incidental expenses reasonably necessary to the conduct of the Partnership's business, and generated by the General Partner or any Affiliate other than an Affiliated Program computed on a cost basis, determined by the General Partner in accordance with generally accepted accounting principles and subject to review by the Accountants in connection with the annual audit of the Partnership and its Affiliates. General and Administrative Costs shall not include any Direct Administrative Costs or Organization and Offering Costs of the Partnership.
General and Administrative Costs means normal and customary expenses and costs incurred in connection with the Oil and Gas Properties of the Issuer and each other Note Party that are classified as general and administrative costs, including consulting fees, salary, rent, supplies, travel, insurance, accounting, legal, engineering and broker related fees, required to manage the affairs of the Note Parties, but excluding Transaction Costs and any non-cash costs (as determined in accordance with GAAP).
General and Administrative Costs means those costs as so categorised in Annex “D”, the Accounting Procedure.
General and Administrative Costs and '"Annual Overhead Charge" means the expenditures so categorised in Annex C;
General and Administrative Costs shall have the meaning assigned to such term in the Financial Appendix.
General and Administrative Costs or “G&A Costs” means costs equal to [ * ] (“G&A Rate”) of the sum of [ * ] both Parties shall use such revised G&A Rate going forward in calculating General and Administrative Costs.
General and Administrative Costs means all allowable costs for administering the facility, including salaries of administrators, assistant administrators, accounting personnel, data processing personnel, security personnel, and all clerical personnel; board of directors' fees; business office functions and supplies; travel, except as necessary for training programs for dietitians, nursing personnel, and direct resident care related personnel required to maintain licensure, certification, or professional standards requirements; telephone and telegraph; advertising; membership dues and subscriptions; postage; insurance, except as included as a fringe benefit; professional services such as legal, accounting, and data processing services; central or home office costs; management fees; management consultants; employee training, for any top management personnel and for other than direct resident care related personnel; and business meetings and seminars.