Collateral costs definition

Collateral costs as used in this clause, means agency cost of operation, maintenance, logistic support, or Government-furnished property.
Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity in a facilitative device, including the cost of an alternative facilitative device or other facilitative device or service.
Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity in a wheelchair, including the cost of an alternative wheelchair, if a loaner, as that term is defined in subsection (8) of this section, was not offered to the consumer, or other assistive device or service for mobility assistance. "Collateral costs" shall not include the cost of hiring a personal assistant.

Examples of Collateral costs in a sentence

  • Borrower agrees to reimburse Lender on demand for any Collateral Costs so incurred.

  • Without waiving Borrower’s default for failure to make any such payment, Lender at its option may pay any such Collateral Costs, and discharge encumbrances on the Collateral, and such Collateral Costs payments shall be a part of the Obligations and bear interest at the rate set out in this Agreement.


More Definitions of Collateral costs

Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity, including the costs of obtaining an alternative wheelchair or other assistive device for mobility.
Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity, including the cost of shipping, sales tax, and of obtaining an alternative assistive device.
Collateral costs means an amount determined on a monthly basis by MAEM, in good faith, as the cost incurred by MAEM or Mirant North America, LLC to post collateral in the form of cash and/or letters of credit to third parties as required under the terms of the transactions attributed to the Asset Book based on the weighted average of the borrowing rates under the senior credit facilities, senior notes and other indebtedness for borrowed money of Mirant North America, LLC.
Collateral costs means expenses incurred by a consumer in connection with the repair of a
Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity, including the costs of obtaining alternative transportation.
Collateral costs means expenses incurred by a consumer in connection with the repair of a nonconformity in an assistive technology device, including, but not limited to, the cost of an alternative assistive technology device.
Collateral costs. , as used in this clause, means costs of operation, maintenance, logistic support, or GOVERNMENT furnished property.