Cost Saving definition
Cost Saving shall have the meaning given to the term in Clause 1.3.4 of Part D of Schedule 7;
Cost Saving shall have the meaning given to the term in Clause Error! Reference source not found. of Part D of Schedule 7;
Cost Saving has the meaning given in Clause 3.2(b)(iii)(B) (Standard of Service);
Examples of Cost Saving in a sentence
The Authority shall be entitled to deduct any Cost Saving from sums otherwise payable by the Authority to the Supplier under this Contract.
Such notice will be brought within 30 days after a claim for Developer Damages or, if no claim is brought by the Developer for Developer Damages, within 30 days after the occurrence of the event or circumstance giving rise to the claim for Net Cost Saving or positive Net Revenue Impact.
The notice will set forth (i) the date and details of the LA DOTD Change, (ii) a preliminary estimate, if then known, of the amount of the Net Cost Saving or positive Net Revenue Impact and (iii) a brief, preliminary written analysis and calculation thereof.
More Definitions of Cost Saving
Cost Saving has the meaning set forth in Section 2.1.11(d) hereof. “Costs” means, collectively, all costs and expenses of constructing the Project (or, with respect to Reimbursable Costs, all costs and expenses of construction of the Project prior to the Closing Date, not to exceed $18,236,032) and operating the Property (including, without limitation, all Approved Project Expenditures and Interest and Carry Costs) through the Maturity Date whether or not set forth in the Construction Budget or the Approved Annual Budget. “Debt” means the Outstanding Principal Balance, together with all interest accrued and unpaid thereon, and all other sums (including the Prepayment Premium) due from Borrower under the Loan Documents to which it is a party. “Debt Service” means, with respect to any particular period of time, scheduled principal and/or interest payments due under this Agreement. “Debt Yield” means, as of any date of determination, the amount (expressed as a percentage) determined by dividing the UNOI by the sum of (a) the Outstanding Principal Balance and (b) the Mortgage Loan Outstanding Principal Balance. “Default” means the occurrence of any event hereunder or under any other Loan Document which, but for the giving of notice or passage of time, or both, would be an Event of Default. “Default Rate” means a rate per annum equal to the lesser of (a) the Maximum Legal Rate and (b) five percent (5%) above the Interest Rate. “Deficiency” means, as of any date of determination, the amount by which the sum of (i) such portion of the Loan and the Mortgage Loan (so long as Mortgage Lender is not in default of its obligations to fund Mortgage Loan Additional Advances thereunder), in each case, as remains to be advanced as of such date in respect of Approved Project Expenditures (but only to the extent such unadvanced amounts are permitted (or would be permitted, upon satisfaction of applicable conditions precedent) pursuant to the
Cost Saving means, in relation to a heating qualifying action,—
Cost Saving means, at any time the amount of any item of costs and expenses comprised within the Projected Costs, being counted as and when actually incurred, is less than the Budgeted Costs for that item at that time;
Cost Saving means, with respect to any Project:
Cost Saving means any cost saving identified in accordance with Clause 13 (Continuous Improvement) and dealt with in accordance with the gainshare provisions in paragraph 10 of Schedule 4 (Contract Charges, Payment and Invoicing);
Cost Saving means any savings to the Contract Charges achieved as a result of the implementation of an improvement in accordance with Clause 13.4 (Continuous Improvement) and documented in accordance with Clause 13.5 (Continuous Improvement);
Cost Saving has the meaning set forth in Section 5.3(f) hereof.