Casualty Cost definition

Casualty Cost has the meaning ascribed thereto in Section 13.3(a).

Casualty Cost is defined in Section 13.3.

Casualty Cost means the aggregate cost to restore, repair or replace the affected Purchased Assets subject to such Casualty Loss to a condition substantially equivalent to its or their condition prior to such Casualty Loss (including, for the avoidance of doubt, obtaining any replacement licenses, registrations or approvals) minus any Casualty Recovery Amounts.

Examples of Casualty Cost in a sentence

• The Facility shall be deemed to have been “Substantially Damaged” if: (A) the cost of restoring the Facility to their condition immediately before such damage, after applying any insurance proceeds (“Casualty Cost”), is 50% or more of the replacement cost of the Facility Improvements or (B) the Casualty Cost is more than 25% of the replacement cost of the Facility Improvements and the Term has less than three years remaining.

• This research will progressively advance in parallel to the other physical testing and vulnerability assessment work enabling the project outputs to be brought together to obtain the metrics required for decision making.This research proposes to adopt HAZUS-MH Direct Business Interruption Cost Model and Casualty Cost Model approaches for the earthquake risk assessment in Australia where we will consider the Melbourne CBD as a case study.

• This review proposes to adopt the HAZUS-MH Direct Business Interruption Cost Model and Casualty Cost Model approaches for this research.

• Table 2 - Additional Casualty Cost (£) per year per frontal protection system equipped vehicle compared with same vehicle without frontal protection system (-ve values indicate cost savings) Option 1Option 2Configuration of FPS by base vehicleOE FPS fitted on a new …non-PPD vehicle0.00 By factoring in the vehicle and frontal protection system numbers expected to be in use when the Directive is fully implemented in the fleet, overall estimates of casualty cost savings can be made.

• Casualty Cost Estimates =Notes: All values are reported in 2005 US$ using the consumer price index.

• If the aggregate Casualty Cost associated with all Casualty Losses is greater than $5,000,000, then USAC may elect to decrease the number of New Common Units issuable by USAC at Closing by an amount equal to (i) the absolute value of the difference between (A) the Restoration Cost and (B) $5,000,000 divided by (ii) the Execution Price.

More Definitions of Casualty Cost

Casualty Cost has the meaning set forth in Section 5.10(a). “Casualty Loss” has the meaning set forth in Section 5.10(a).

Casualty Cost has the meaning specified in Section 6.6.

Casualty Cost has the meaning ascribed thereto in Section 13.3(a). “CE-Dispute Notice” has the meaning ascribed thereto in Section 15.3(c). “CE-Notice” has the meaning ascribed thereto in Section 15.3(a).