Delay Costs means those items of Cost of the Work attributable to an Excusable Delay for which the Owner is responsible and which are payable by the Owner to the Design/Builder pursuant to a Change Order as provided in Article 6.

Delay Costs means the Delay Return applicable to the amount that results from subtracting (i) the sum of all Development Costs incurred in the development and construction of Stage 1 from (ii) the sum of all Development Costs incurred in the development and construction of the Building as of the date on which Tenant delivers Tenant's Delay Notice to Landlord (such amount, the “Stage 2 Interim Development Costs”); and (b) the term “Delay Return” means a return of [*****] per annum on the Stage 2 Interim Development Costs, relative to the time period commencing on the original Target Date for Phase 4 specified in Schedule 6 attached hereto and ending on the day immediately prior to the delayed Target Date for Phase 4.

Delay Costs means the direct and indirect costs of a delay to the critical path, including idle labor, idle equipment, and additional overhead.

Examples of Delay Costs in a sentence

If there is a delay to Validation Purchase Order(s) acceptance by Corium due to negligent actions of Corium, the payment of Delay Costs will be suspended for the period of such delay caused by Corium.
At the end of each quarter, Corium will invoice Agile and provide a detailed breakdown of the Delay Costs for such billing period.
The parties will discuss in good faith, at the time Delay Costs are payable by Agile, any potential steps that could be taken to reasonably mitigate Delay Costs, and any such steps will be subject to prior agreement of the parties.
Such Delay Costs will also be in effect for any period of delay initiated by Agile after the issuance of the Validation Purchase Orders and before completion of process validation.
If the Delay is to a non-Controlling Work Item, then no indirect costs and expenses, and no profit, of Developer or any Contractor are allowable as Delay Costs.

More Definitions of Delay Costs

Delay Costs has the meaning given in Section 21.3.2.

Delay Costs means costs payable to the Contractor for delay and disruption in accordance with Clause 19.8(a).

Delay Costs means those items of Cost of the Work attributable to an Excusable Delay for which CITY is responsible and which are payable by CITY to CONTRACTOR pursuant to a Change Order as provided in Article 6.

Delay Costs means the costs recoverable for Delay pursuant to Section 10.1.5.2 of the Agreement.

Delay Costs has the meaning ascribed thereto in Section 25.8. (pp) “Delay Event” has the meaning ascribed thereto in Section 25.1.