Carry Cost definition

Carry Cost shall have the meaning given thereto in Section 3.4(d) of this Agreement.
Sample 1
Carry Cost means the sum of the expenditures incurred by Purchaser in connection with its ownership of the Hospital from the Closing Date, including without limitation the following: interest on indebtedness incurred to finance all or a portion of the Hospital Acquisition Cost; and ad valorem taxes, insurance, assessments, utilities, maintenance and repairs relating to Purchaser’s ownership of the Hospital.
Sample 1
Carry Cost means, collectively, fees and expenses incurred in acquisition (including brokerage fees), real estate taxes, liability insurance premiums, interest on any acquisition loan and any special assessments by governmental authorities.
Sample 1

Examples of Carry Cost in a sentence

  • In that situation, the model will split the excess into two sums: the first will go towards providing additional Carry Cost coverage -- above 100% - which will simulate investing extra to improve the system’s quality/condition; the second sum will go towards additional upgrades.

  • All Carry Cost Reserve funds in the Carry Cost Reserve Account shall be additional security for the Loan, and upon the occurrence of an Event of Default, Lender shall be authorized to apply such funds to Borrower’s obligations under the Loan Documents in such order and priority as Lender may elect in its sole discretion.

  • All interest earned on the Carry Cost Reserve Account shall be allocated to Borrower for income tax purposes, but it shall be added to and disbursed as a part of the Carry Cost Reserve.

  • If the Carry Cost Reserve Account is not in Lender’s name, Lender shall have a perfected first priority security interest in the Carry Cost Reserve Account.

  • Carry Cost shall mean interest at a rate of 6.0% APR on all sums expended by Buyer (from the date of such expenditure until paid by the Commission) that ultimately are part of the Purchase Price at the City Closing.

  • The Carry Cost Reserve Account shall be under the sole dominion and control of Lender.

  • On the earlier of (i) such time as the Carry Cost Reserve that was funded on the Closing Date has been reduced to zero, and (ii) the date that is twelve (12) months following the Closing Date, Lender shall make a Loan Advance to fund into the Carry Cost Reserve an amount equal to Two Million Two Hundred Thousand and 00/100 Dollars ($2,200,000.00).

  • Borrower hereby assigns and grants Lender a security interest in the Carry Cost Reserve funds in the Carry Cost Reserve Account as security for payment and performance of Borrower’s obligations under the Loan Documents.

  • No Interest and Carry Cost Shortfall exists; (q) Compliance with Laws.

  • Mark Sweney, Illegal Downloads: Music Industry to Carry Cost of Catching Pirates, THE GUARDIAN (Sep 14, 2010, 10:37 AM), https://www.theguardian.com/technology/2010/sep/14/illegal-downloads-music-industry.


More Definitions of Carry Cost

Carry Cost means with respect to any applicable period of determination, all costs and expenses relating to the physical maintenance, real estate taxes and operating expenses of BPLP with respect to a Property, such Carry Cost to be set forth in reasonable detail and provided to Landis.
Sample 1
Carry Cost means with respect to any applicable period of determination, all costs and expenses relating to the physical maintenance, real estate taxes and operating expenses of BPLP with respect to a Property, such Carry Cost to be set forth in reasonable detail and provided to Xxxxxx.
Sample 1
Carry Cost means, collectively, real estate taxes, liability insurance premiums, interest on any acquisition loan and any special assessments by governmental authorities, each attributable to the tract of land in question for the period of time in question. For the purpose of calculation of the Contribution Value, Net Usable Acres shall be based upon the "Survey" (as defined in Paragraph 4 hereof), shall include acreage to be used for new roads and infrastructure necessary for development of the Property and shall not include any acreage in any area designated as flood plain.
Sample 1

Related to Carry Cost

  • Mandatory Cost means, with respect to any period, the percentage rate per annum determined in accordance with Schedule 1.01.

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • CP Costs means, for each day, the sum of (i) discount or yield accrued on Pooled Commercial Paper on such day, plus (ii) any and all accrued commissions in respect of placement agents and Commercial Paper dealers, and issuing and paying agent fees incurred, in respect of such Pooled Commercial Paper for such day, plus (iii) other costs associated with funding small or odd-lot amounts with respect to all receivable purchase facilities which are funded by Pooled Commercial Paper for such day, minus (iv) any accrual of income net of expenses received on such day from investment of collections received under all receivable purchase facilities funded substantially with Pooled Commercial Paper, minus (v) any payment received on such day net of expenses in respect of Broken Funding Costs related to the prepayment of any Purchaser Interest of Conduit pursuant to the terms of any receivable purchase facilities funded substantially with Pooled Commercial Paper. In addition to the foregoing costs, if Seller shall request any Incremental Purchase during any period of time determined by the Agent in its sole discretion to result in incrementally higher CP Costs applicable to such Incremental Purchase, the Capital associated with any such Incremental Purchase shall, during such period, be deemed to be funded by Conduit in a special pool (which may include capital associated with other receivable purchase facilities) for purposes of determining such additional CP Costs applicable only to such special pool and charged each day during such period against such Capital.

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • Carrying Costs With respect to any Payment Date, the sum of amounts payable under Section 2.6(a)(v)(A)-(C).

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Mandatory Cost Rate means, with respect to any period, a rate per annum determined in accordance with Schedule 1.01.

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Unpaid Sum means any sum due and payable but unpaid by an Obligor under the Finance Documents.

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Breakage Costs shall have the meaning set forth in Section 2.2.3(h) hereof.

  • Affected Property means all real property at the Site and any other real property where EPA determines, at any time, that access or, land, water, or other resource use restrictions, and/or Institutional Controls are needed to implement the removal action, including, but not limited to, the following properties [insert property descriptions].

  • Interest Differential is defined in Section 3.4.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Proved Developed Reserves means oil and gas reserves that, in accordance with Petroleum Industry Standards, are classified as both “Proved Reserves” and one of the following: (a) “Developed Producing Reserves” or (b) “Developed Non-Producing Reserves.”

  • PDP Reserves means the Proven Reserves which are categorized as both “developed” and “producing” under the definitions for oil and gas reserves promulgated by the Society of Petroleum Evaluation Engineers (or any generally recognized successor) as in effect at the time in question and reasonably acceptable to the Administrative Agent.

  • Marginal Value means the difference between actual taxable value and base taxable value.

  • Amortisation Yield means the rate per annum (expressed as a percentage) used to calculate the Amortised Nominal Amount of a Zero Coupon Note, in accordance with the provisions of Condition 7.5.1.

  • Market Disruption Rate means the rate (if any) specified as such in the Reference Rate Terms.