Excess Cost definition

Excess Cost means the amount by which the Operating Costs for any Operational Year exceed the Expense Stop.

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Excess Cost means the difference between the actual cost of such insurance and the then current employee contribution charged by the Company to its employees for the type of coverage in effect for the Employee at the time of termination. In addition, if the Employee has elected insurance coverage for a member of his family other than himself, and a “qualifying event” occurs for a covered family member under which such family member would be eligible for continuation of health insurance benefits under COBRA (at any time the Company is obligated to make payments for the continuation of the Employee’s health, dental and other medical benefits), any payments for the continuation of health insurance, whether under COBRA or otherwise, will be the responsibility of the affected family member and not of the Company. Nothing herein shall be construed so as to prohibit the Company from altering the provider, or the terms or conditions of its health, dental, and other medical benefits (so long as such alterations apply to plan participants generally), or to require the Company to maintain benefit levels or features beyond those that the Company provides in its plans generally.

Excess Cost has the meaning set forth in Section 8.3(a).

Examples of Excess Cost in a sentence

• Tenant shall be responsible for payment of the cost of any such change, addition or alteration if it would increase the Budget and Excess Cost previously submitted and approved pursuant to Section 6 above.

• To the extent the Budget exceeds the available Allowance (“Excess Cost”), Tenant shall be solely responsible for payment of such Excess Cost.

• A settlement shall be required with the rendition of such Statements in case CONTRACTOR has taken more than its own entitlement of such Excess Cost Recovery Petroleum.

• CONTRACTOR will establish a Cost Recovery Control Account and an off-setting contra account to control therein the amount of cost remaining to be recovered, if any, the amount of cost recovered and the value of Excess Cost Recovery Petroleum, if any.

• EGPC has the right to take its entitlement of Excess Cost Recovery Petroleum under Article VII (a) (2) of the Agreement in kind during the said quarter.

More Definitions of Excess Cost

Excess Cost has the meaning given that term in Section 3.1(c)(iii)(A).

Excess Cost means the amount by which the Operating Costs for any

Excess Cost. The applicant, in accordance with 20 U.S.C.A. §1413, assures that funds provided under Part B of IDEA 2004 will be used only for excess costs.

Excess Cost has the meaning set forth in Section 10.02(a).

Excess Cost means those costs that are in excess of the average annual per student expenditure in an LEA during the preceding school year for an elementary school or secondary school student, as may be appropriate, and that must be computed after deducting—

Excess Cost means costs incurred or to be incurred by HR that are over and above those costs related to HR’s standard practices and procedures relating to its provision of the Services and/or Additional Services (which standard costs are included in the Schedule 1 Charges and/or Schedule 2 Charges as applicable). For the avoidance of doubt, Excess Costs shall include any and all amounts contained in any contractual commitments or obligations including employment agreements or severance arrangements.

Excess Cost has the meaning set forth in Clause 3.15.