Partnership Costs definition

Partnership Costs means costs relating to TVU being the costs of • accommodating, maintaining and servicing the Boards including all costs associated with the convening, holding and maintenance of records of, Board meetingsother costs of support technical and research services provided by the JSU including all employment and accommodation costs relating to the staff of the JSU and any other costs agreed by the Local Authority Partners to be necessary for the proper functioning of TVU
Partnership Costs means, for any period and without duplication, ----------------- administrative and general expenses of the Borrower in connection with the operation of the Borrower to the extent not deducted under the Hotel Lease from Gross Revenues in calculating Operating Profit and to the extent not for services to be provided by the Tenant under the Hotel Lease in exchange for the Base Management Fee or the Courtyard Management Fee (each as defined in the Hotel Lease), including, without limitation, (i) costs of postage, (ii) amounts paid to third parties for the provision of investor services, printing of documents for distribution to the limited partners of the Borrower, legal services, accounting services and audits, (iii) amounts payable to Host Marriott, its Subsidiaries and Marriott International on account of the provision of legal services, audits, joint venture and fixed asset accounting services and the vice president allocation for the provision of services to the Borrower by management of Host Marriott and (iv) bank fees.
Partnership Costs means costs relating to TVU being the costs of

Examples of Partnership Costs in a sentence

  • Partnership Costs Partnership costs are not includable in eligible basis.

  • Strategic Partnership Costs Dashboard, 2021 135 Exhibit 8.08 - Part 2.

  • Fund Expended tab, Column Q – Transportation Service Partner Fees/Incentives and/or Management Fees, Column U – Consultants/Legal, Column Y - Total Partnership Costs, and Column BD Total Expended; (2) Fund Certification tab, Partnership Costs, which encompasses the aggregated information in the Fund Expended tab; and (3) Contact Information tab, which includes the amount of contract expenses per quarter.

  • Idaho Power’s 2021 IRP Will Include Modeling of B2H Partnership Costs and Risks.

  • These are: Accounting for Partnership Costs – the definition as to what should be included in total cost of services is still quite vague on this issue.

  • Each LA will nominate a representative for each meeting, in accordance with the provisions of Condition 6.2. Schedule 3 Partnership Costs The administration, procurement and operating costs of the Partnership shall be recouped in accordance with the following table: Feasibility study Costs distributed evenly/pro-rata between the Parties.

  • Partnership Costs - Some costs associated with the work of Mayo Suicide Prevention Alliance (MSPA), which is an essential part of communicating the purpose and work of the MSLS as well as promoting service collaboration and co-ordination in the region.

  • Partnership Costs – Year to date we are underspending by £203k/1.3%, with a forecasted overspend of£315k/1.6%.

  • The Issue and Partnership Costs tax benefit is calculated based upon the after tax amortization of the issue and partnership costs over a five (5) year period.

  • Support Core Activities Sub total of Partnership Costs Project CostsProjects (Management Plan delivery) Sub total of Project CostsTotal Expenditure IncomeDefra Grant Contributions United Utilities County Councils Lancashire North Yorkshire District Councils Craven Lancaster Pendle PrestonRibble Valley WyreTotal Income Contrib.


More Definitions of Partnership Costs

Partnership Costs means costs and expenses of the operation of the Partnership (such as Partnership-level legal, accounting and insurance expenses).
Partnership Costs means all costs necessary or appropriate for the ----------------- Partnership to incur, including (i) all costs of operating and administering the Partnership and (ii) all other costs reflected in each Budget and/or Business Plan or otherwise associated with any agreement, obligation or other matter either approved by the Management Committee or which does not require the approval of the Management Committee.

Related to Partnership Costs

  • Partnership Expenses means all fees, costs, expenses, open purchase orders, liabilities, charges, and other obligations incurred with respect to the conduct of the business of the Partnership and its business and assets, as determined by the General Partner.

  • Gross Operating Expenses shall include (i) all costs and expenses of operating the Hotel included within the meaning of the term “Total Costs and Expenses” contained in the Uniform System and, (ii) without duplication, the following: all salaries and employee expense and payroll taxes (including salaries, wages, bonuses and other compensation of all employees of the Hotel, and benefits including life, medical and disability insurance and retirement benefits), expenditures described in Section 9.1, operational supplies, utilities, insurance to be provided by Lessee under the terms of this Lease, governmental fees and assessments, common area maintenance costs and other common area fees and assessments, food, beverages, laundry service expense, the cost of Inventories, license fees, advertising, marketing, reservation systems and any and all other operating expenses as are reasonably necessary for the proper and efficient operation of the Hotel and the Leased Property incurred by Lessee in accordance with the provisions hereof (excluding, however, (i) federal, state and municipal excise, sales and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes paid over to federal, state or municipal governments, (ii) the cost of insurance to be provided under Article 13, (iii) expenditures by Lessor pursuant to Article 13 and (iv) payments on any Mortgage or other mortgage or security instrument on the Hotel); all determined in accordance with generally accepted accounting principles. No part of Lessee’s central office overhead or general or administrative expense (as opposed to that of the Hotel), and no operating expenses paid or payable by tenants under Space Leases, shall be deemed to be a part of Gross Operating Expenses, as herein provided. Reasonable out-of-pocket expenses of Lessee incurred for the account of or in connection with the Hotel operations, including but not limited to postage, telephone charges and reasonable travel expenses of employees, officers and other representatives and consultants of Lessee and its Affiliates, shall be deemed to be a part of Gross Operating Expenses and such Persons shall be afforded reasonable accommodations, food, beverages, laundry, valet and other such services by and at the Hotel without charge to such Persons or Lessee.

  • Base Operating Costs means Operating Costs for the calendar year specified as the Base Year in the Basic Lease Information (excluding therefrom, however, any Operating Costs of a nature that would not ordinarily be incurred on an annual, recurring basis).

  • REIT Expenses means (i) costs and expenses relating to the formation and continuity of existence and operation of the General Partner and any Subsidiaries thereof (which Subsidiaries shall, for purposes hereof, be included within the definition of General Partner), including taxes, fees and assessments associated therewith, any and all costs, expenses or fees payable to any director, officer, or employee of the General Partner, (ii) costs and expenses relating to any public offering and registration of securities by the General Partner and all statements, reports, fees and expenses incidental thereto, including, without limitation, underwriting discounts and selling commissions applicable to any such offering of securities, and any costs and expenses associated with any claims made by any holders of such securities or any underwriters or placement agents thereof, (iii) costs and expenses associated with any repurchase of any securities by the General Partner, (iv) costs and expenses associated with the preparation and filing of any periodic or other reports and communications by the General Partner under federal, state or local laws or regulations, including filings with the Commission, (v) costs and expenses associated with compliance by the General Partner with laws, rules and regulations promulgated by any regulatory body, including the Commission and any securities exchange, (vi) costs and expenses associated with any 401(k) plan, incentive plan, bonus plan or other plan providing for compensation for the employees of the General Partner, (vii) costs and expenses incurred by the General Partner relating to any issuing or redemption of Partnership Interests, and (viii) all other operating or administrative costs of the General Partner incurred in the ordinary course of its business on behalf of or in connection with the Partnership.

  • Base Operating Expenses means the Operating Expenses for the Base Year.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following:

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Building Operating Expenses means the portion of "Operating Expenses," as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Partnership Percentage means the percentage share of each Partner in the Net Income or Net Loss of the Partnership. The Partners’ initial Partnership Percentages shall be proportionate to the Partners’ initial Capital Contributions to the Partnership. Thereafter, subject to Section 1.68(g), such Partnership Percentages shall be adjusted only to reflect a disproportionate Capital Contribution by one or more Partners or a disproportionate distribution to one or more Partners, with disproportion being determined in accordance with Sections 4.2(a) and 4.5(b), except as set forth in Section 1.68(f).

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Common expense liability means the liability for common

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Exploration Expenditures means the sum of:

  • Company Expenses has the meaning provided in Section 8.3.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Approved Operating Expenses means Operating Expenses incurred by Borrower or by any Manager on Borrower’s behalf (excluding any Restricted Payments) which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Properties, (iii) are for Management Fees, or (iv) have been approved in writing by Lender as Approved Operating Expenses; provided, however, that Approved Operating Expenses shall also include, for any calendar month in which Operating Expenses exceed the Monthly Operating Expense Budgeted Amount, the amount of such excess Operating Expenses up to and not to exceed ten percent (10%) of the Monthly Operating Expense Budgeted Amount for such calendar month as to which Borrower provides to Lender a reasonably detailed explanation of the reasons for and expenditures resulting in Operating Expenses exceeding the Monthly Operating Expense Amount.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;

  • Partnership Loan has the meaning provided in Section 5.2(c) hereof.