Examples of Accepted Compliance Costs in a sentence
If Xxxxx agrees to reimburse Seller for the Accepted Compliance Costs, then Seller shall take such Compliance Actions covered by the Accepted Compliance Costs as agreed upon by the Parties and Xxxxx shall reimburse Seller for Seller’s actual costs to effect the Compliance Actions, not to exceed the Accepted Compliance Costs, within sixty (60) days from the time that Xxxxx receives an invoice and documentation of such costs from Seller.
The Public Utilities General Manager, or designee, is authorized to approve (a) Accepted Compliance Costs and/or (b) waive Seller’s Compliance Actions between the Compliance Expenditure Cap and below or equal to One Hundred Thousand Dollars ($100,000) per Term Year.
Under no circumstances shall Seller be obligated to expend more than the Accepted Compliance Costs.
If Anaheim agrees to reimburse Seller for Accepted Compliance Costs in excess of the Compliance Expenditure Cap, then Seller shall take such Compliance Actions covered by the Accepted Compliance Costs as agreed upon by the Parties and Anaheim shall reimburse Seller for Seller’s actual costs to effect the Compliance Actions that exceed the Compliance Expenditure Cap, not to exceed the Accepted Compliance Costs.
When the Compliance Actions are completed, if the Seller’s actual costs are less than the Accepted Compliance Costs, Seller shall refund the excess to Buyer.