Expediting expenses meaning8/28/2023 Operating Expenses means all costs and expenses incurred by the Company, as determined under GAAP, that in any way are related to the operation of the Company or to Company business, including fees paid to the Advisor, 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 loan reserves, (v) incentive fees paid in compliance with Section IV.F. Marketing Expenses means the sum of Selling Expenses, Marketing Management Expenses, Market and Consumer Research Expenses, Advertising Expenses, Trade Promotion Expenses, and Consumer Promotion Expenses, each of which is specified below, in each case to the extent directly and reasonably attributable to the sale, promotion or marketing of the applicable ZIOPHARM Products in the countries where such ZIOPHARM Product has been launched. Section 231.1 of the ITA confers the authority to enter business premises without a warrant, and to enter a dwelling-house with a warrant, in order to inspect the books and records of a taxpayer. The Insurer will not pay under this Extension more than the Limit of Insurance for Expediting Expenses shown in the Declarations.Įxpediting Expenses will exclude reimbursement of costs incurred solely to compensate for delay in completion of the Contract Works.ĮXPEDXB4 - Expediting Expenses The policy extends to include reasonable costs and expenses incurred by the Insured for express carriage rates and extra payments for overtime, night, Sunday or holiday working incurred in connection with the repair or reinstatement of the Property Insured directly or indirectly arising from an event insured by the policy.Īdditional Benefits 3.1 Expediting Expenses Where there is a Breakdown of Plant and Equipment covered by this Section 5, We will pay the reasonable extra cost to: a) make temporary repairs b) expedite permanent repairs or c) expedite permanent replacement, of the Plant and Equipment or Insured Property which is directly damaged by the Breakdown.Įxtra Charges/Air Freight Clause ( Expediting Expenses Clause) This policy covers the reasonable and necessary extra costs of temporary repair of damage to party and the extra costs of expediting the permanent repair or replacement of such damaged property resulting from physical damage insured against by this policy which shall include extra charges for overtime, night work, on public holidays and express freight including airfreight. Examples of Expediting Expenses in a sentenceĪdditional Expenses means Relocation Costs, Increased Costs of Working, Additional Costs of Working, Expediting Expenses and/or Loss of Accounts Receivable.Įxpediting Expenses means costs and expenses necessarily and reasonably incurred by You for express carriage rates and extra payments for overtime, night, Sunday or holiday working incurred in connection with the repair or reinstatement of the Property Insured.Įxpediting Expenses will not include reimbursement of costs to compensate for delay in completion of the works or any other consequential loss or the cost associated with specifically chartered Aircraft.Įxpediting Expenses Clause (Extra Charges/Air Freight Clause) This policy covers the reasonable and necessary extra costs of temporary repair of damage to party and the extra costs of expediting the permanent repair or replacement of such damaged property resulting from physical damage insured against by this policy which shall include extra charges for overtime, night work, on public holidays and express freight including airfreight.
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