Actual Cost Incurred definition

Actual Cost Incurred shall include all costs and expenses incurred or obligated for by Purchaser, Seller or KIRE in an effort to consummate this sale. Such costs shall include, but are not limited to, the cost of credit report, appraisal, survey, copy costs and other inspections and reports.
Actual Cost Incurred shall include all costs and expenses incurred or obligated for by Purchaser, Seller, or KIRE in an effort to consummate this sale. Such costs shall include, but are not limited to, cost of credit report, appraisal, survey, copy costs, and other inspections and reports. If this Contract is terminated, both parties shall execute a written release of the other from this Contract which will stipulate the disposition of the Downpayment and an agreement to hold KIRE harmless.

Examples of Actual Cost Incurred in a sentence

  • In the event Seller shall require specific performance, the Downpayment shall apply to the Purchase Price and Purchaser shall be responsible for the payment of reasonable attorneys’ fees and Actual Cost Incurred by Seller incident to any suit for specific performance against Purchaser resulting from such default.

Related to Actual Cost Incurred

  • Actual Costs means any costs, direct losses and expenses (including any loss of revenue) reasonably incurred or reasonably expected to be incurred by the Train Operator including those attributable to limb (f) of a Combined Network Category 3 Disruption and any increase in Variable Costs but net of:

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.

  • Direct Costs means the sum of the following:

  • Actual/365 (Fixed) means that interest or any other relevant accrual factor shall be calculated on the basis of the actual number of days elapsed in a year of 365 days, regardless of whether accrual or payment occurs during a calendar leap year.