Base Relevant Insurance Cost definition
Base Relevant Insurance Cost means the aggregate of the Base Costs which were at the Effective Date projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period indexed by actual Retail Prices Index from the Effective Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period (as applicable in respect of the year in question) less any Base Relevant Insurance Reduction;
Base Relevant Insurance Cost the aggregate of the Base Costs which were (at "Base Relevant Insurance Reduction" the reduction to be made to the Base Relevant
Base Relevant Insurance Cost has the meaning given in Section 7.1(b) of Schedule 25 – Insurance and Performance Security Requirements.
More Definitions of Base Relevant Insurance Cost
Base Relevant Insurance Cost means the aggregate of the annual insurance premiums which were projected (as set out in the Financial Model) to be incurred by Project Co to maintain (or cause to be maintained) the Relevant Insurance during the Insurance Review Period, which amounts exclude Taxes and all broker’s fees and commissions.
Base Relevant Insurance Cost means, the aggregate of the Base Costs which were (at Bid Date) projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period indexed by actual RPI from the Bid Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period (as applicable in respect of the year in question) less any Base Relevant Insurance Reduction;
Base Relevant Insurance Cost means, the aggregate of the Base Costs which were (at Financial Close) projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period escalated by actual RPI from the Bid Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period but excluding insurance premium tax and all brokers’ fees and commissions less any Base Relevant Insurance Reduction; "Base Relevant Insurance Reduction" the reduction to be made in respect of a risk which has become Uninsurable and shall be an amount that is either:
Base Relevant Insurance Cost means, the aggregate of:
Base Relevant Insurance Cost the aggregate of the Base Cost which was (at Base Date) projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period RPIx Indexed from the Base Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period (as applicable in respect of the Year in question) less any Base Relevant Insurance Reduction;
Base Relevant Insurance Cost means MFIPPA Section 11(c)(d) at the Relevant Insurance Inception Date and, thereafter, means the aggregate of the annual insurance premiums which were projected (as set out in the Financial Model pursuant to RFP Schedule 3 – Part 2, Section