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;
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;
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);

Examples of Exceptional Cost in a sentence

  • 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.

  • 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.

  • 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.

  • Additions-30,859 Disposals(11,957) (7,737) Net gains / (losses) recorded in equity (29)(793)Net gains / (losses) on disposals (41)702End of period 16,12128,148Less: non-current portion16,12128,148Current portion- - In 2012, participations were acquired in two monetary investment funds for amounts of 14,608 and 11,000 thousand euros, respectively.

  • This reserve has been set aside to protect the Association from an unexpected drop in Revenues or the occurrence of an Exceptional Cost.

  • The reasons for wanting to clawback any Exceptional Cost incurred by the authority seem to be even less clear as market variations in insurance premia over the service period are not within the control of the contractor.

  • APPROVED Xxxxx Xxxxxx, Interim City Manager Total Number of Registered Voters 4,159,861 Total Cost $2,920,971.80 % of Units 100% TOTAL Election Total $2,920,971.80 Exceptional Cost $0.00 Election Services Fee (ESF) $194,782.03 Total Cost $3,115,753.83 Cost Per Registered Voter (w.

  • The policies are intended to support the RDKB’s strategic priorities, which include:• Exceptional Cost Effective and Efficient Services;• Environmental Stewardship / Climate Preparedness;• Improve and Enhance Communication; and• Continue to Focus on Organizational Excellence.

  • Children qualifying at level 3, 4 or above (Exceptional Cost Plan) will be given first priority in specialized foster parents’ homes.

  • If, following completion of the Insurance Review Procedure, it is agreed or determined that there is an Exceptional Cost, the Authority will within thirty (30) days of completion of the Insurance Review Procedure make a one-off lump-sum payment to PPP Co. equal to 85% of the Exceptional Cost.


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;

Related to Exceptional Cost

  • Additional Cost has the meaning assigned to such term in Section 3.01.

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

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

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

  • Additional Cost Rate has the meaning given to it in Schedule 4 (Mandatory Cost formulae).

  • 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.

  • Exceptional Items means any material items of an unusual or non-recurring nature which represent gains or losses including those arising on:

  • 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.

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

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

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • 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.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • 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.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.