Cost Recovery Basis definition

Cost Recovery Basis means, with respect to any
Cost Recovery Basis means a proportionate share, allocated based on commercially reasonable methodology, of the fully burdened costs resulting from:
Cost Recovery Basis means the aggregate sum (such aggregate sum as determined and calculated by the Providing Party in its reasonable discretion) of all expenses, costs, fees, penalties and assessments resulting from the provision of Services to the Receiving Party by the Providing Party (other than such expenses, costs, fees, penalties and assessments resulting from a breach of (a) this Agreement or any other agreement related to the Services or (b) applicable Legal Requirements, in each case, by the Providing Party), and charges on a “direct cost basis” directly incurred in connection with performing the Services, including, but not limited to (i) variable (and excluding fixed) expenses and (ii) any goods and services taxes payable with respect to the applicable Services provided. The Parties acknowledge that some of the Services that may be provided hereunder require instructions and information from the party receiving such Services (the “Receiving Party”), which shall be provided in sufficient time for the party providing such Services (the “Providing Party”) or its Affiliates to provide or procure such Services. The Receiving Party shall pay any additional costs or expenses resulting from any failure of the Receiving Party to provide such instructions or information, provided that the Providing party shall use reasonable efforts to mitigate any such costs.

Examples of Cost Recovery Basis in a sentence

  • Utility Affiliates may share ownership and may physically share office space, equipment, rights-of-way and other assets on a Cost Recovery Basis.

  • The “Emergency Services Report” will indicate whether the services have been provided on a Cost Recovery Basis and have been properly documented.

  • The “Occasional Services Report” will indicate whether the services have been provided on a Cost Recovery Basis and have been properly documented.

  • In the event of an emergency, a Utility may share services and resources with an Affiliate without a Services Agreement on a Cost Recovery Basis.

  • Where operational efficiencies between Utilities that are Affiliates can be obtained through the use of common facilities (such as shared warehousing or field offices), combined purchasing power or through the use of other cost saving procedures, individual assets or groups of assets used in Utility operations (such as equipment, plant inventory, spare parts or similar assets) may be transferred in the ordinary course of business between Utilities on a Cost Recovery Basis.

  • The “Asset Transfers Report” will describe the manner in which the asset transfers were determined to be on a Cost Recovery Basis.

  • The minutes of the meeting at which the report is reviewed and approved will reflect the results of the review, including any recommendations by the CPC for changes to the methods used to ensure that asset transfers are on a Cost Recovery Basis.

  • The minutes of the meeting at which the report is reviewed will reflect the results of the review, including any recommendations by the CPC for changes to the methods used to ensure that plant, assets and equipment are shared with Utility Affiliates on a Cost Recovery Basis.

  • The Controller will ensure that allOccasional Services provided to, or received by an Affiliate are provided on a Cost Recovery Basis, and are documented by way of an approved work order, purchase order, or similar instrument.

  • Any recommendations by theCPC for changes to the methods used to ensure that plant, assets and equipment are shared with Utility Affiliates on a Cost Recovery Basis will be treated as an inquiry under the Code (see Section 8 of this Plan).


More Definitions of Cost Recovery Basis

Cost Recovery Basis means the methodology used to calculate a charge so that the charge is reasonably related to the expenses incurred or to be incurred by the WIA in relation to the matters to which the charge relates and shall not be such as to amount to taxation; Database of Assessors means the database used to record, store and maintain details of assessors; Database of Qualified Operators means the database used to record, store and maintain the following records associated with each application for an Amateur Certificate of Proficiency:
Cost Recovery Basis with respect to:
Cost Recovery Basis means a proportionate share, allocated based on methodology accepted/approved by the NEB, of the fully burdened costs resulting from:
Cost Recovery Basis means the actual cost to the Purchaser attributable to the use of the Mobile Stage by the Town or Community Groups;
Cost Recovery Basis means charging a price which is no greater than the costs directly attributed to the specific Collaborating Organisation Activity (and it makes no contribution to fundraising and/or profit etc). "Cost-recovery" overheads related directly to a Collaborating Organisation's activity can be included. These can include activity specific equipment and materials, venue hire, trainers and staffing, promotional materials or insurance. Non-activity specific overheads cannot be included.

Related to Cost Recovery Basis

  • Cost recovery means collection, upon approval by the commission pursuant to its authority under section4909.15 of the Revised Code, of such documented EDU interconnection costs that are incurred at reasonable levels for prudent purposes and that are over and above the review processing fees set forth in rules 4901:1-22-06 to 4901:1-22-08 of the Administrative Code.

  • Projected Recovery Amount The fair value of the estimated amount of subsequent recoveries, determined by Freddie Mac on the Termination Date, at its sole discretion, on the Credit Event Reference Obligations.

  • Consolidated Amortization Expense means, for any period, the amortization expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff. Deactivation Date:

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.