Basic Cost definition

Basic Cost means all expenses and disbursements of every kind (subject to the limitations set forth below) which Landlord incurs, pays or becomes obligated to pay in connection with the ownership, operation, and maintenance of the Project (including the associated parking facilities), determined in accordance with generally accepted federal income tax basis accounting principles consistently applied, including but not limited to the following:
Basic Cost means the total cost of construction, replacement, maintenance or repair (as applicable) of a four (4) foot high, 1-1/2 inch mesh, steel chain link fence;
Basic Cost means the product of (i) Usage multiplied by (ii) Landlord's Rate.

Examples of Basic Cost in a sentence

  • A construction contract can be drafted as per the agreed terms which mention Construction cost, Construction materials used, Basic Cost of materials, Project completion time frames, etc.

  • The Incremental Cost (I) is established as the difference between the Total Cost and the Basic Cost.

  • The Basic Cost is apportioned to Swaziland and South Africa in proportion to the mean basic water shortages experienced by the said consumers in each of the respective states in 1981 as set out in Section B.1 of Annex 3.

  • Such charges, costs and expenses will be passed on to the Buyer as and when they are advised to the Seller and together with the Basic Cost shall for all purposes constitute the Price due from the Buyer to the Seller for the Product supplied.

  • Remuneration Basic Cost Responsibility (BCR) You will be remunerated under the Employer's Commission Based Remuneration Structure (as amended from time to time) which incorporates the Employer's Basic Cost Responsibility remuneration packaging system or any other remuneration packaging system which replaces it ('BCR').


More Definitions of Basic Cost

Basic Cost means the cost of constructing a new Division Fence or replacing an existing Division Fence with a new Division Fence that is a chain-link Fence:
Basic Cost. The actual costs incurred by the Landlord in operating and maintaining the Building and the Land during each calendar year of the Expansion Premises Term for which Landlord has not been reimbursed by insurance proceeds, condemnation awards or otherwise. Such costs shall include, by way of example rather than of limitation, (i) charges or fees for, and taxes on, the furnishing of electricity, water, sewer service, gas, fuel, or other utility services to the Building and the Land; (ii) costs of providing elevator, janitorial, trash, snow removal service, restriping, resurfacing, maintaining and repairing all walkways, roadways and parking areas on the Land, security costs, and cost of maintaining grounds, common areas, signage, and mechanical systems, sanitary sewer and drainage of the Building and the Land; (iii) all other costs of maintaining and repairing any or all of the Building or Land; (iv) all costs reasonably allocated by Landlord to the common areas of the Building and the Land in a multi-building development; (v) charges or fees for any necessary governmental permits and licenses (exclusive of any relating to any tenant’s premises); (vi) management fees, overhead and expenses reasonably related to management of the Building (including salaries for personnel directly or indirectly responsible for management and operation of the Building); (vii) premiums and payment of deductibles for hazard, liability, workmen’s compensation or similar insurance upon any or all of the Building and the Land; (viii) costs arising under service contracts with independent contractors; and (ix) the cost of any other items which, under generally accepted accounting principles consistently applied from year to year with respect to the Building or the Land, constitute operating or maintenance costs attributable to any or all of the Building or the Land; provided, however, if Landlord installs new or replacement equipment intended to reduce operating costs, then Landlord shall have the right to amortize the capital costs so incurred (“Permitted Capital Costs”) as part of Basic Costs on a straight line basis over the reasonable useful life thereof.
Basic Cost means the cost of installing a 1.2 metre high steel chain link fence as a division fence;
Basic Cost means the cost of constructing, reconstructing or repairing a division fence of any kind and is an amount of money equal to the cost of the construction, reconstruction or repair of a four foot high steel chain link fence which is,
Basic Cost means the cost of installing, constructing or reconstructing a 1.2 metre (4 ft.) chain link fence which:
Basic Cost. Any and all ad valorem taxes, costs, expenses and disbursement of every kind and character which Landlord shall incur, pay or become obligated to pay in connection with the ownership of any estate or interest in, and the operation, maintenance, repair, replacement and security of, the Building determined in accordance with accepted cash basis accounting principles. SEE ALSO SECTION 40.8
Basic Cost means the cost of constructing, reconstructing, maintaining or repairing (as applicable) a four (4) foot high, 1-1/2 inch mesh, steel chain link fence.