Replacement Costs. The term “replacement cost” shall mean the actual replacement cost of the insured property from time to time with new materials and workmanship of like kind and quality (including the cost of compliance with changes in zoning and building codes and other laws and regulations, demolition and debris removal and increased cost of construction). If Landlord believes that the replacement cost has increased at any time during the Term, it shall have the right to have such replacement cost determined by an impartial appraiser reasonably acceptable to both parties (the “impartial appraiser”). The determination of the impartial appraiser shall be final and binding, and, as necessary, Tenant shall increase, but not decrease, the amount of the insurance carried pursuant to this section to the amount so determined by the impartial appraiser. Each party shall pay one-half (1/2) of the fee, if any, of the impartial appraiser. If Tenant has made Alterations, Landlord may at Tenant’s expense have the replacement cost redetermined at any time after such Alterations are made.
Replacement Costs. The Sponsoring Companies shall reimburse Corporation for the difference between (a) the total cost of replacements chargeable to property and plant made by Corporation during any month prior thereto (and not previously reimbursed) and (b) the amounts received by Corporation as proceeds of fire or other applicable insurance protection, or amounts recovered from third parties responsible for damages requiring replacement, plus provision for all taxes on income on such difference; provided that, to the extent that the Corporation arranges for the financing of any replacements, the payments due under this Section 7.01 shall equal the amount of all principal, interest, taxes and other costs and expenses related to such financing during any month. Each Sponsoring Company’s share of such payment shall be the percentage of such costs represented by its Power Participation Ratio. The term cost of replacements, as used herein, shall include all components of cost, plus removal expense, less salvage.
Replacement Costs need to pay full replacement cost for a device, the cost will be based on the current replacement cost at the time of the incident.
Replacement Costs. In the event the leased item(s) are damaged by lessee beyond repair, replacement costs are always charged in addition to rental and/or any other costs. Rental amounts are never credited towards replacement costs. Replacement cost will be discussed with lessee prior to replacement.
Replacement Costs. LOC8 Tracking - $1,950.00 each; LOC8 Beacon - $250.00 each
Replacement Costs. The Association will reimburse the District for fifty percent (50.0%) of the full cost of the President’s salary and benefits.
Replacement Costs. (For European Union Member States only) The grant may be used to cover the cost of staff of replacing European Community academic staff and experts who are on a teaching mission/training assignment in the partner countries for a maximum uninterrupted period of 4 weeks. Replacement costs are limited to an absolute maximum of € 625 per person/per week and on the basis of a staff cost convention.
Replacement Costs. (a) At the End of Rental You will be charged the replacement cost, plus an Administrative Fee, if the fire extinguisher has been used.
(b) You will also be charged replacement costs if any of the equipment listed in sub-clause 6.1 is missing or not returned in the same condition as at the Start of Rental, subject to fair wear and tear.
Replacement Costs. 10.1 In the event the Containers are lost, stolen, destroyed or damaged whilst in your possession or control You will be responsible to pay to Premier Box the Replacement Value for each Container.
10.2 You must continue to pay Premier Box the Rent and all other charges for the Containers until the Replacement Value together with all outstanding amounts owing by You to Premier Box, is paid in full. Payments for Rent do not reduce Your obligation to pay the Replacement Value.
Replacement Costs. 3.5.1 After Commercial Operation, if the sum of the Delivered Amount, not including any Excess Energy delivered during Off-Peak Hours, over a monthly Billing Period is less than 95% of the sum of the Supply Amount over the same period, the Buyer shall calculate its Replacement Costs and the Supplier shall reimburse the Buyer for all of its Replacement Costs for the period.
3.5.2 After Commercial Operation, if the sum of the Delivered Amount, not including any Excess Energy delivered during Off-Peak Hours, over a monthly Billing Period is equal to or greater than 95% of the sum of the Supply Amount over the same period, the Supplier shall not reimburse the Buyer for its Replacement Costs for the period.
3.5.3 The Parties recognize and agree that the payment of amounts by Supplier pursuant to this Section 3.5 (Replacement Costs) is an appropriate remedy in the event of such a failure and that any such payment does not constitute a forfeiture or penalty of any kind, but rather constitutes anticipated costs to Buyer under the terms of this Agreement.
3.5.4 The cost to Buyer to replace any Shortfall of Energy shall be determined solely by Buyer from the higher of the following amounts: (i) the Shaped COB Firm Price or (ii) the incremental cost of generation owned by Sierra Pacific Power Company, which incremental cost shall be calculated based on the daily incremental fuel cost and the applicable unit's incremental heat rate curve plus the applicable unit's operation and maintenance cost. The operation and maintenance cost shall be equal to the average operation and maintenance cost per kWh for the applicable unit derived from the most recent FERC Form 1 filing.
3.5.5 Information used by Buyer to establish Replacement Costs shall be verifiable and Buyer shall on a quarterly basis make available to Supplier supporting calculations pursuant to Section 9.2.4 (Payment to Buyer).
