Exceptional Cost definition

Exceptional Cost means, for an Insurance Review Period, the extent to which there is an Insurance Cost Increase which exceeds in amount 30% of the Base Relevant Insurance Cost for that Insurance Review Period;
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Exceptional Cost means, for an Insurance Review Period, the extent to which there is an Insurance Cost Increase which exceeds in amount 30% of the Base Relevant Insurance Cost for that Insurance Review Period; "Exceptional Saving" means, for an Insurance Review Period, the extent to which there is an Insurance Cost Decrease which exceeds in amount 30% of the Base Relevant Insurance Cost for that Insurance Review Period;
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Exceptional Cost means Exceptional Historical Costs, Exceptional Pension Costs and any other Costs which may be agreed or determined to be Exceptional Costs pursuant to the procedures of Part 6 of the Finance Schedule (Cashflow Forecasting and Calculating Dates for Payment);
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Examples of Exceptional Cost in a sentence

  • The Exceptional Cost Adjustment shall only be provided where it directly results from the coronavirus pandemic and/or responding to or related to Government measures or instructions.

  • To the extent that any exceptional costs incurred by TfL during the H2 Funding Period are greater than or lower than equivalent sums contained within the Revised Budget, then this difference shall be an adjustment to the True Up Grant or True Up Repayment (as appropriate) (an Exceptional Cost Adjustment, as a positive or a negative sum as appropriate).

  • Examples include payments for Exceptional Cost or Medicaid Personal Care Services that are paid but not delivered.

  • If the expenses from the second operating period were also $3,750, then the cumulative total would exceed $5,630, and separate forms for each of the two operating periods would need to be submitted.Owners may request larger sums under Tier II Exceptional Cost Payments to address cost increases associated with responding to reported COVID-19 outbreaks among property residents or in response to extensive community exposure that creates a threat to the health and safety of residents within the community.

  • Following the completion of the Insurance Review Procedure, if it is agreed or determined that there is neither an Exceptional Cost nor an Exceptional Saving, any Insurance Cost Differential shall be borne by or benefit the Contractor.

  • In funding CSPs, HUD will allocate the remainder of the CARES Act appropriated funds and will approve CSPs totaling up to $190 million to Section 8 properties, up to $25 million to properties under the Section 202 Housing for the Elderly program, and up to $9 million for Section 811 Housing for Persons with Disabilities and Section 202/162 PACs. HUD is making available funds for two categories of CSP payments: Tier I Standard Paymentsand Tier II Exceptional Cost Payments.

  • Exceptional Cost and Exceptional Saving If, following the completion of the Insurance Review Procedure, it is agreed or determined that there is an Exceptional Cost, the Authority shall within thirty (30) Business Days of completion of the Insurance Review Procedure make a one-off lump-sum payment to the Contractor equal to eighty-five per cent (85%) of the Exceptional Cost.

  • To the extent that any exceptional costs incurred by TfL are greater than or lower than equivalent sums contained within TfL’s most recent approved Budget, then this difference shall be an adjustment to the True Up Grant or True Up Repayment (as appropriate) (an Exceptional Cost Adjustment, as a positive or a negative sum as appropriate).

  • Therefore the Panel could delegate to a Claims Committee its powers with regard to FSC Exceptional Cost and Black Start Avoidable Costs determinations.

  • Technicians 10 1 020,00 Total 137 17 894 Multiplier Events Multiplier Event Country of Venue No. of Local Participants No. of Foreign Participants No. of Virtual Participants Total grant 13 Greece 30 0 0 3 000,00 7 Greece 12 0 0 1 200,00 Total 4 200,00 Exceptional costs Exceptional Cost Id Description and justification Grant 6 Translation and printing (greek).


More Definitions of Exceptional Cost

Exceptional Cost for an Insurance Review Period, the extent to which there is an Insurance Cost Increase which exceeds in amount thirty per cent (30%) of Base Relevant Insurance Cost for that Insurance Review Period; “Exceptional Saving” for an Insurance Review Period, the extent to which there is an Insurance Cost Decrease which exceeds in an amount of thirty per cent (30%) of the Base Relevant Insurance Cost for that Insurance Review Period;
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Related to Exceptional Cost

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Historical cost means the actual cost incurred in acquiring and preparing a fixed asset for use. Historical cost includes such planning costs as feasibility studies, architects' fees, and engineering studies. Historical cost does not include "start-up costs" as defined in this rule.

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Additional Costs has the meaning given that term in Section 4.1.

  • Indirect cost means any cost not directly identified with a single final cost objective, but identified with two or more final cost objectives or with at least one intermediate cost objective.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Reasonable cost means a cost for a service or item that is consistent with the market standards for comparable services or items.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.