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.
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Transitional Costs means the following categories of expenses commencing May 1, 2016.
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Transitional Costs means all costs incurred by Seller that are identified in Exhibit “J”. EXHIBIT “B”
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Examples of Transitional Costs in a sentence

  • Transitional costs associated with a trial use or testing of a procurement item under a trial use contract awarded under Section 63G-6a-802.3 may not be included in a consideration of transitional costs under Subsection (1)(b).

  • Transitional costs are provided as separate allowances in the Entitlement Matrix.

  • Transitional costs: £0; Annual average costs: £0; Total cost (PV): £0.

  • Any delays from managing dual approval processes for individual schemes should be minimised as transferring NFRS to the PFCC will improve the ease and speed of decision making on collaborative initiatives that impact both NFRS and Norfolk Constabulary.Financial resilience under Options 1 and 2 Transitional costs would be minimal as there would be no transfer of governance arrangements.

  • Transitional costs will mostly be in relation to supplying the ONR with the relevant information in time for them to begin ensuring compliance.

  • Transitional costs of this kind require the commitment of extra funds in the short-term, although subsequent savings might counter-balance them, and improvements in quality of life and other outcomes might be expected to justify them.

  • Transitional costs and the investment required to drive the delivery of benefits would be higher, but the margin of benefit generated would cover this, while also releasing significant budget to be redeployed in delivering front line services to the public.Financial resilience under Option 3 Overall affordability, in terms of the future funding and the expectation of reducing central government grant levels, would be assisted by the option to increase FRS precept income over time.

  • Transitional costs are also likely to be incurred in the initial years.

  • Transitional costs will increase in the event that the government proceeds with its plans to introduce a three-pillar system, transforming the supplementary pension funds for the newly insured from a pay-as-you-go into a fully-funded scheme and introducing private insurance.

  • Transitional costs are the adjustment impacts, including lost productivity or closure of firms, because of the changes and/or investments needed to enhance SPS capacity.


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” XXXX OF SALE This Xxxx 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 0000 Xxxxxxxxx Xxxxx, Xxxxx 0, Xxxxxxxxxxx, XX 00000, and (“Seller”); and Medical Transcription Billing, Corp., a Delaware corporation with its principal office situated at 0 Xxxxx Xxxx, Somerset, New Jersey 08873 (“Purchaser” or “MTBC”).
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Transitional Costs. Section 7.7(c)(ii) “Transitional Participants” Section 7.7(c)(i)
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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.
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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.
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Transitional Costs means the following categories of expenses that accrue on or after July 1, 2016.
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Transitional Costs means all costs incurred by Seller that are identified in Exhibit “J”. Asset Purchase Agreement, MTBC & RMB A-32 EXHIBIT “B”
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Related to Transitional Costs

  • Additional Costs has the meaning given that term in Section 4.1.

  • Operational Costs means costs and expenses incurred by the Managers on behalf of the Owners to operate and maintain the Vessel including Communication Expenses and EDP Expenses;

  • Basic generation service transition costs means the amount by

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Program Costs means all necessary and incidental costs of providing program services.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Additional Services shall have the meaning set forth in Section 2.03(a).

  • Transitional Services means services involving technical or specialized knowledge required to complete a project or to provide temporary consulting services to the City.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • FTE Costs means the product of (a) the number of FTEs (proportionately, on a per-FTE basis) used by a Party or its Affiliates in directly performing activities assigned to such Party under and in accordance with the Global Development Plan, Commercialization Plan or Medical Affairs Plan, as applicable, and (b) the FTE Rate.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • transitional period means the period of time beginning on the

  • Reasonable Additional Expenses means expenses for meals, taxi fares, essential telephone calls, local transportation, and lodging which are necessarily incurred as the result of Trip Delay and which are not provided by the Common Carrier or any other party free of charge.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • 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.

  • Transitional Services Agreement means that certain Transitional Services Agreement to be entered into at the Closing between Seller or any of its Affiliates on the one hand, and Purchaser, on the other hand, in the form of Exhibit 10.1.236.

  • Personnel Costs means the costs of researchers, technicians and other supporting staff to the extent employed on the relevant project or activity;

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Manufacturing Costs means the costs of Processing that generate Manufacturing Proceeds received by Grantor.