Capital Repair and Replacement Costs definition

Capital Repair and Replacement Costs means those costs related to the non-routine repair and replacement of the Public Improvements, as a part of the Actual Operations and Maintenance Costs, which shall be set forth in the Final Budget.
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Capital Repair and Replacement Costs means the cost of repairing, modernizing, improving and upgrading the Project subsequent to the initial completion of the Dam Facilities. Capital Repair and Replacement Costs shall not include any Operation and Maintenance Expenses nor depreciation.
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Examples of Capital Repair and Replacement Costs in a sentence

  • Unless it is so used, it shall be deposited with GBRA and restricted for use only on Budgeted Capital Repair and Replacement Costs.

  • Without limitation, GBRA represents it has no knowledge of any known condition relating to the Hydro Facilities that necessitate Capital Repair and Replacement Costs except as set forth in said schedule.

  • GBRA shall maintain and furnish to the WCID written documentation evidencing all Capital Repair and Replacement Costs.

  • If it is subsequently determined by agreement, arbitration, regulatory decision, or court decision that any payments from the CRR Fund were spent by GBRA for purposes other than proper Capital Repair and Replacement Costs, then GBRA replenish the CRR Fund accordingly.

  • For so long as this Contract remains in effect and except as otherwise provided in Section 5.2, GBRA shall be solely responsible for operation, maintenance, repair and replacement of the Project; provided, however, except as otherwise agreed by the Parties, in no event shall GBRA be obligated to use any funds other than amounts on deposit in the CRR Fund, or available Bond proceeds, to pay Capital Repair and Replacement Costs .Section.

  • The information shall be sufficiently detailed to allow a determination by the WCID or any third party that the funds in question were spent for proper Capital Repair and Replacement Costs under this Contract.

  • The proceeds from the sale of any personal property shall be used to replace or provide substitutes for the property sold, if, and to the extent, deemed necessary by GBRA, and the proceeds which are not so used shall be used by GBRA to pay for "Capital Repair and Replacement Costs" (as defined in the Contract) in satisfaction of Section 10.12 of the Contract.

  • For so long as this Contract remains in effect and except as otherwise provided in Section 5.2, GBRA shall be solely responsible for operation, maintenance, repair andreplacement of the Project; provided, however, except as otherwise agreed by the Parties, in no event shall GBRA be obligated to use any funds other than amounts on deposit in the CRR Fund, or available Bond proceeds, to pay Capital Repair and Replacement Costs .

  • The funding provided by AR to the Groundwater Treatment System Capital Repair and Replacement Trust Account pursuant to Section 14.2 hereof, plus all accrued interest and income earned thereon, may be drawn upon by BSB in accordance with this Agreement and the Groundwater Treatment System Capital Repair and Replacement Trust Agreement to pay Groundwater Treatment System Capital Repair and Replacement Costs.

  • Other models of the Factor Method have proved to be quite difficult to use because they are often based on complex mathematical equations and distributions.• Once the appropriate data has been entered the relevant information is displayed immediately.

Related to Capital Repair and Replacement Costs

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Required Repairs shall have the meaning set forth in Section 7.1.1 hereof.

  • Operating Expense means salaries, wages, cost of maintenance and operation, materials, supplies, insurance and all other items normally included under recognized accounting practices, but does not include allowances for depreciation in the value of physical property.

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • Independent expenditure means an expenditure by a person:

  • Required Repair Account shall have the meaning set forth in Section 7.1.1 hereof.

  • Approved Operating Expenses means Operating Expenses incurred by Borrower which (i) are included in the Approved Annual Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property, (iii) if applicable, are for property management fees payable to Manager under the Management Agreement, such amounts not to exceed three percent (3.0)% of the monthly Gross Revenue, (iv) or (v) have otherwise been approved by Lender.

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following: (i) The operation, repair and maintenance, in neat, clean, good order and condition, of the following:

  • Public improvement costs means the costs of:

  • Repairs means the repairs to be made to the Mortgaged Property, as described on the Repair Schedule of Work (Exhibit C) or as otherwise required by Lender in accordance with this Loan Agreement.

  • Operating Expenditures means all Partnership Group expenditures, including, but not limited to, taxes, reimbursements of the General Partner, repayment of Working Capital Borrowings, debt service payments and capital expenditures, subject to the following:

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Approved Replacement means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b), (c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

  • Emergency Expenditure means any of the Eligible Expenditures set forth in the CERC Operations Manual in accordance with the provisions of Section I.G of Schedule 2 to this Agreement and required for the activities included in the CERC Part of the Project.

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.