Replacement Costs Sample Clauses
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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. For purposes of this Addendum, “Replacement Costs” shall mean, for any given Hour when QF does not deliver energy from the ▇▇▇▇ to the Interconnection Point as requested by Alabama Power (including through AGC signals), the sum of: (a) the product of: (1) the amount of such energy requested by Alabama Power (including through AGC signals) that is not delivered, multiplied by (2) the difference of the Replacement Price for such Hour minus the price that Alabama Power would have paid for such energy under this Addendum if it had been delivered; plus (b) all energy imbalance charges, transmission costs, penalties, charges and other costs and expenses that Alabama Power incurs as a result of the non-delivery of such energy or as a result of purchasing energy to replace such energy, including pursuant to applicable transmission or other tariffs; provided, however, that if the foregoing sum of (a) and (b) is a negative amount for a given Hour, then the Replacement Costs for such Hour shall be deemed to be equal to zero dollars ($0.00). In addition to the foregoing definition of Replacement Costs, the following terms shall have the respective meanings below:
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. The Association will reimburse the District for fifty percent (50.0%) of the full cost of the President’s salary and benefits.
Replacement Costs. LOC8 Tracking - $1,950.00 each; LOC8 Beacon - $250.00 each
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. To determine replacement service charges for each motor vehicle, Fleet Management tracks all motor vehicles in the Vehicle Replacement Program on an individual basis. Fleet Management calculates the replacement cost of each individual motor vehicle based on each vehicle’s future replacement cost divided by its anticipated life cycle years. Fleet Management shall determine the replacement charge for each motor vehicle used by the Supervisor of Elections and charge said costs to the Supervisor of Elections. The total amount of all annual vehicle replacement charges shall become the VRP service charge. Fleet Management shall determine the VRP service charge for each vehicle in the Vehicle Replacement Program which is attributable to the Supervisor of Elections motor vehicles for inclusion in her annual budget. (object code 4551). Fleet Management collects the VRP service charges over the life cycle of each motor vehicle and shall earmark said funds with the goal of accumulating sufficient funds to replace the motor vehicle at the end of its life cycle.
Replacement Costs. Do not leave the electronic devices unattended. Users are responsible for damage or theft of the device. See replacement costs above. Any student that is delinquent for one month will be assessed the above listed replacement cost and any unpaid late fees to their student billing account, which will be subject to all collection processes. In addition, a hold will be placed on the student’s account. This hold restricts the ability to enroll and receive student records. Faculty and staff with overdue items will have the fines and/or reimbursement for a lost or stolen device deducted from their pay if the items have not been returned one month after the due date.
Replacement Costs. Replacement Locker Key $10