Primary Indicator of Value Sample Clauses

Primary Indicator of Value. Amounts Expended by the Investors‌ 281. As a first and significant indicator of the value of the lost opportunity, the Tribunal has regard to the expenditures incurred by the Claytons in pursuing the opportunity of developing a quarry site at Digby Neck. From an economic perspective, the value of the opportunity to have the environmental impact of the Whites Point Project assessed in a fair and non-arbitrary manner is broadly equivalent to the value of the opportunity to develop the quarry site subject to the EA, as the EA was a significant milestone on the path toward building the quarry, and there was no other reason to undertake the EA than the intended quarry development. In the Tribunal’s view, it is appropriate to take account of all expenses reasonably incurred by the Claytons (i) in the preparation for the environmental assessment, (ii) during the JRP Process, and (iii) immediately after the JRP Process to prevent and react to negative decisions from the Nova Scotia and federal Ministers.
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