Overhead Allocation definition

Overhead Allocation means, for any period, the amount of corporate overhead included as a property operating expense in lieu of a management fee.
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Overhead Allocation means a financial allocation into the relevant general fund, which is determined based on the revenue and established by the Rector.
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Overhead Allocation means the actual costs (without markup) reasonably allocated from a Party's corporate overhead to the business of Monsanto in making, using or selling Licensed Products or to the Oils Division in making, using or selling its products, for such expenses as: (a) facilities; (b) utilities, maintenance and depreciation; (c) regulatory services; (d) patent filing and prosecution and legal services; (e) royalties on expensed technology licenses; (f) human resource services; (g) financial, accounting, risk and treasury management services; (h) use of office and laboratory space, equipment and supplies at such locations which Calgene may maintain from time to time; (i) laboratory supplies and procurement services; (j) greenhouse and growth chamber facilities, services and supplies; and (k) other services reasonably charged by Monsanto or Calgene (including without limitation library services, laboratory services, information system and telecommunication services). Overhead Allocation shall exclude amounts included in Cost of Goods Sold, Research Expenses, or Selling, Administration and General Expenses.
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Examples of Overhead Allocation in a sentence

  • Overhead allocation is a tool to match the costs of administrative functions to the operating activities of the CSD.

  • Overhead allocation The presentation of the Consolidated statement of profit or loss and other comprehensive income by function requires certain overhead costs to be allocated to functions.

  • Rempling, Innovative Structural Engineering Approaches for the design of offshore WIND turbine support structures, Offshore Wind R&D Conference 2015, Research at Alpha Ventus, 13-15 Oct., Bremerhaven, Germany, 2015 A.

  • Overhead allocation will take into account four criteria: • Recovery based on equal distribution to all departments.• Recovery based on relative size of department.

  • The estimates for new equipment were combined with the remaining life of current PSKC-South equipment.• Overhead allocation is in the financial statements and based on actual experience at PSKC- South.

  • Overhead allocation rates are usually based on volume-related cost drivers such as labour.

  • Schedule Fourteen reviews the General Fund Overhead allocation and its staged implementation over the next several years.

  • Figure 2 – Net overhead allocation Total Gross Overheadless Determination Specific overheadless Capitalised overheadless Overhead for Non-corespecial projectslessOverhead for Warragamba Dam Raising & Broken Hill PipelineNet OverheadNet Overheads allocated by TOTEXGreater SydneyRural ValleysWAMCNon-core routine projects Table 4 – Overhead allocation components Procedural component Definition Gross overhead Gross overhead is comprised of cost that is not directly attributed (coded) to a project or activity.

  • Overhead allocation will be calculated by assigning the overhead costs based on the percentage of the department's total expenditures, less the overhead allocation.

  • The items not included in the return on investment calculation were:• Revenue recognition• Prepaid expenses• Purchase Order processing• Monthly depreciation expense• Payroll related expenses• Monthly Inventory of storage lots• Nightly inventory of vessels• Automated reversing accruals• Overhead allocation Currently, spreadsheets are prepared for each activity listed above, the spreadsheet preparation can take ½ day to several days.


More Definitions of Overhead Allocation

Overhead Allocation means, for any given period, a ratable allocation of general overhead expenses of the Employer applied by the Employer to the Business as operated by the Employer as mutually agreed to by Employee and the Company. 3196714-5
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Overhead Allocation means the amount of overhead that is allocated to the Branch, as determined by Employer, in its sole and absolute discretion, from time to time upon prior written notice for Employer to Employee; the Overhead Allocation will be calculated as follows: $0
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Overhead Allocation means, for any given period, a ratable allocation of general overhead expenses of the Employer applied by the Employer to the Business as operated by the Employer as mutually agreed to by Employee and the Company.
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Overhead Allocation means the monthly allocation made by Borrower whereby overhead and administrative costs for the Companies on a consolidated basis are allocated and charged against individual Companies. The amount of these non-cash charges are added to the principal balance of the intercompany notes evidencing the Permitted Intercompany Advances.
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Overhead Allocation. No general overhead costs incurred outside Venezuela shall be included as Capital or Non-Capital Costs. Only those costs qualifying as Capital Costs and covered by specific agreements approved by THE AFFILIATE shall be recovered as Capital Costs.
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Related to Overhead Allocation

  • Load allocation means the portion of a receiving water's loading capacity that is allocated to one

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Required Allocations means any allocation of an item of income, gain, loss or deduction pursuant to Section 6.1(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix).

  • Asset Allocation The following single issuer limits shall apply on a market value basis, with exception of Money-Market funds and US Treasury Bills, which may be held without limit:

  • Final Allocation has the meaning set forth in Section 2.3.

  • Agreed Allocation means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the term “Agreed Allocation” is used).

  • Waste load allocation means (i) the water quality-based annual mass load of total nitrogen or

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(ix).

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Allocation shall have the meaning set forth in Section 2.7.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Initial Allocation means the conditional setting aside by MBOH of HCs from a particular year’s federal LIHTC allocation to the state for purposes of later Carryover Commitment and/or Final Allocation to a particular Project, as documented by and subject to the requirements and conditions set forth in a written Reservation Agreement, the Applicable QAP and federal law.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Allocation Area means the [Lofts on Tenth Allocation Area] [Noblesville Redevelopment Allocation Area].

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.

  • Simulated Gain means the excess, if any, of the amount realized from the sale or other disposition of an oil or gas property (as defined in Section 614 of the Code) over the Carrying Value of such property and determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(k)(2).