External Cost definition

External Cost means any cost we incur in connection with our business of buying and on-selling Energy the amount of which is not within our reasonable control, which may include (without limitation) the following costs:
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External Cost means costs that are incurred by subcontractors or subconsultants retained by ERC for the development of Phase 2 Project Deliverables as identified in Exhibit B and/or the Work Plan. For purposes of this definition, ERC’s member firms, including Macquarie Financial Holdings Limited and Skanska Infrastructure Development, Inc. and any of their respective affiliates, and SKW Constructors shall not be considered subcontractors or subconsultants retained by ERC.
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External Cost means costs which are not borne by the user of goods or services. They include the cost of infrastructure where use is free, the cost of environmental pollution and noise and the costs of damage to people and property caused by transport;
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Examples of External Cost in a sentence

  • In the event the Town and Licensee reasonably determine that such modulators and processors are unsuitable and must be replaced during the license term, Charter will not pass through such costs to subscribers as an External Cost.

  • This framework is completed by integrating LCA and External Cost into an Energy Model.

  • The Work Plan developed by ERC during Phase 1, which shall be in accordance with Exhibit G, and approved by VDOT will include among other things: (a) a description of the Work Packages for each of the Phase 2 Project Deliverables; (b) the amounts of External Cost and Internal Cost for all items comprising the services and outputs required for each Work Package; and (c) an anticipated schedule for monthly progress payments to be made by VDOT for Work Packages during Phase 2.

  • For Phase 2 Project Deliverables approved by VDOT, VDOT shall pay to ERC 50 percent of the total External Cost specified in the Work Plan for each such Project Deliverable in a manner set forth in Section 4.5. Except as provided in Section 4.2.4 and Section 7.2.6, the total amount paid by VDOT to ERC for Phase 2 Project Deliverables as progress payments shall not exceed $10 million.

  • Each of the Buyer and Seller agree that during the Delivery Term, the External Costs that Seller is obligated to bear under the External Cost Sections shall be capped (the “Established Cost Cap”) at One Hundred Thousand Dollars ($100,000) per Contract Year; provided, however, that such External Costs shall not exceed One Million Five Hundred Thousand Dollars ($1,500,000) during the Delivery Term.

  • VDOT shall pay ERC in accordance with the following: .1 ERC shall earn 20 percent of that 50 percent of External Cost of a Work Package eligible for payment by VDOT pursuant to Section 4.1.2 upon initiation of the Work Package in accordance with Section 4.3 and Section 4.4. .2 ERC shall earn the remaining 80 percent of that 50 percent of External Cost of the Work Package eligible for payment by VDOT pursuant to Section 4.1.2 upon completion and approval by VDOT of that Work Package.

  • In the event Seller expects its External Costs may exceed the External Cost Requirement, Seller shall provide Notice to Buyer with an estimate of the External Costs Seller expects to incur.

  • The Application for Payment shall include all supporting documentation detailing the services provided, the Work Packages initiated or approved and the External Cost and Internal Cost incurred or accrued for those Work Packages.


More Definitions of External Cost

External Cost means Costs as defined in Section 76.922(d) (2) of the FCC's regulations, as such regulations may hereafter be from time to time amended.
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Related to External Cost

  • Internal Costs means the costs associated with each Council providing internal Council resources in relation to the City Deal which includes but is not limited to:

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Internal control means a set of systems to ensure that financial and other records are reliable and complete and which ensure adherence to the entity's management policies, the orderly and efficient conduct of the entity, and the proper recording and safeguarding of assets and resources;

  • Historical cost means the actual cost incurred in

  • Internal Controls for districts means processes designed and im- plemented by districts to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • External Verifier means any qualified provider of third party assurance or attestation services or other independent expert of internationally recognised standing appointed by the Issuer, in each case with the expertise necessary to perform the functions required to be performed by the External Verifier under these Conditions, as determined in good faith by the Issuer;

  • External inspection means an inspection that does not involve examination of the internal surfaces of the pressure parts of the boiler.

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Internal inspection means as complete an examination as can be reasonably made of the internal and external surfaces of a boiler or pressure vessel while it is shut down and while manhole plates, handhole plates or other inspection opening closures are removed as required by the inspector.

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • external wall means an outer wall of a building even though adjoining to a wall of another building and also means a wall abutting on an interior open space of a building;

  • Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business. units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks

  • 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.

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

  • External means communications with places outside Hong Kong;

  • Internal Systems means the internal systems of the Company that are used in its business or operations, including, computer hardware systems, software applications and embedded systems.

  • Impact means any effect caused by a proposed activity on the environment including human health and safety, flora, fauna, soil, air, water, climate, landscape and historical monuments or other physical structures or the interaction among these factors; it also includes effects on cultural heritage or socio-economic conditions resulting from alterations to those factors;

  • Assessed Valuation means the amount for which the Real Property is assessed pursuant to applicable provisions of the New York City Charter and of the Administrative Code of the City of New York for the purpose of imposition of Taxes.

  • External User means a user of an Online Service that is not an employee, onsite contractor, or onsite agent of Customer or its Affiliates.

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Cost means all expenditure properly incurred (or to be incurred) by the Contractor, whether on or off the Site, including overheads and similar charges but does not include any allowance for profit.

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

  • Weakness means a flaw in the SOQ that increases the risk of unsuccessful Contract performance. A significant Weakness in the SOQ is a flaw that appreciably increases the risk of unsuccessful Contract performance.

  • Full cost means the cost of providing service plus a reasonable charge for administrative overhead;

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.