Calculation of reimbursement Clause Samples

Calculation of reimbursement. Deductible: The deductible is that portion of covered expenses which must be paid by the participant before any benefits are payable under the present benefit. The maximum deductible required per calendar year is specified in the Summary of Benefits, if applicable.
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Calculation of reimbursement. The amount reimbursed shall be equal to the actual cost paid by the Signatory Body to the Agent.
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Calculation of reimbursement. Reimbursement to the Developer (the “EDU Reimbursement Amount) shall be determined by dividing the total contracted cost to the Developer for installation of the Extension Project as certified by the Township Engineer, plus reimbursements to the Township and other documented and required expenses as provided herein, divided by the total number of EDUs capable of connecting to the sewer extension. Following completion of the Extension Project and prior to any connections, the Township and the Developer will confirm the EDU Reimbursement Amount with one another. The Township will then establish the new Sewer District and insert the EDU Reimbursement Amount plus an administrative fee of 5% as the Special Purpose Part of the Tapping Fee for each EDU as currently defined in the Lower Merion Township Code, Chapter 110, Fees, Section 110-10, Sewers. The Tapping Fee is the charge defined and designated in the Municipality Authorities Act as a "connection charge". A "connection charge" is divided into components including a “Capacity Part, a "Collection Part" and, where the Township has entered into a reimbursement agreement such as this, a “Special Purpose Part.” The Township will reimburse the Developer the EDU Reimbursement Amount of the Special Purpose Part of every Tapping Fee upon payment by the owners of Non-Participating Parcels for a permit to connect by a service line directly into the Extension Project within the Reimbursement Period.
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Related to Calculation of reimbursement

  • Meal Reimbursement When an employee is specifically directed by the City to work two (2) hours or longer at the end of his/her normal work shift of at least eight (8) hours or work two (2) hours or longer at the end of his/her work shift of at least eight (8) hours when he/she is called in to work on his/her regular day off, or otherwise works under circumstances for which meal reimbursement is authorized per Ordinance 111768 and the employee actually purchases a reasonably priced meal away from his place of residence as a result of such additional hours of work, the employee shall be reimbursed for the "reasonable cost" of such meal in accordance with Seattle Municipal Code (SMC) 4.20.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses ▇▇▇▇▇▇▇ has incurred at the time of the request;