Full Cost of Reinstatement definition

Full Cost of Reinstatement means an amount equal to the costs which would be likely to be incurred, including the costs of shoring up, demolition and site clearance, architects, surveyors and other professional fees and VAT in the case of the insurances to be effected under Clause 4 in reinstating the Development (including the Building) or any part thereof, at the time when such reinstatement is likely to take place having regard to any expected increases in building costs pending and during the period of reinstatement;
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Full Cost of Reinstatement means an amount equal to the costs (including the cost of shoring up, demolition and site clearance, architects', surveyors' and other professional fees, local authority charges and VAT where applicable) which would be likely to be incurred in reinstating the Building and/or the relevant part thereof (as appropriate) following destruction by one or more of the Insured Risks and in accordance with the requirements of this Lease at the time when such reinstatement is likely to take place having regard to all relevant factors (including any increases in building costs expected or anticipated to take place at any time up to the date upon which the Building and/or the relevant part thereof (as appropriate) shall be fully rebuilt or reinstated) and shall be determined by the Landlord acting reasonably;
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Full Cost of Reinstatement means the costs (including the cost of shoring up demolition and site clearance Architects’ Surveyors’ and other professional fees) and Value Added Tax which would be likely to be incurred in or as a result of rebuilding or reinstating the Demised Premises in accordance with the requirements of this Lease at the time when such rebuilding or reinstatement is likely to take place having regard to all relevant factors including any increases in building costs expected or anticipated to take place at any time up to the date upon which the Demised Premises shall be fully rebuilt or reinstated and shall be determined by the Landlord;
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Examples of Full Cost of Reinstatement in a sentence

  • The obtaining of any independent professional valuation of the Development (including the Building) or any revisions thereof which shall be required by the Landlord for the purpose inter alia of determining the Full Cost of Reinstatement (but no more frequently than once in any 3 year period).


More Definitions of Full Cost of Reinstatement

Full Cost of Reinstatement means the costs which would be likely to be incurred (including fees) in reinstating the demised premises at the time when such reinstatement is likely to take place having regard to any expected increases in building costs during any period of insurance and pending and during the period of reinstatement
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Full Cost of Reinstatement means in relation to the Insured Risks the whole costs, including the cost of temporary support and shoring, demolition, site clearance, fees payable to architects, surveyors and other professional advisers and VAT where applicable, which would be likely to be incurred by the Landlord in reinstating the Building at the time when such reinstatement is necessary having regard to all relevant factors (including any anticipated increases in costs) and as shall be determined by the Landlord from time to time;
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Full Cost of Reinstatement means the cost which would be likely to be incurred in reinstating the Scheme in the event of either partial or total destruction in accordance with the original plans, elevations and details thereof with such variations (if any) as may be agreed by the Superior Lessor and the Lessor or may be necessary having regard to the then existing statutory provisions, byelaws and regulations affecting the same and any necessary planning approval at the time when such reinstatement is likely to take place and having regard to any expected increase in building costs during any period of insurance and pending or during the period of reinstatement together with the fees of the Architects surveyors (including the surveyors of the Superior Lessor) engineers, clerk of works and consultants calculated on such cost at the current scale for the time being of any appropriate professional body and together with the cost of shoring, demolition and site clearance and any
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Related to Full Cost of Reinstatement

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  • Monthly Minimum Removal Efficiency means the minimum reduction in the pollutant parameter specified when the effluent average monthly concentration for that parameter is compared to the influent average monthly concentration.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Excess Bankruptcy Loss Any Bankruptcy Loss, or portion thereof, which exceeds the then applicable Bankruptcy Amount.

  • Initial Bankruptcy Loss Coverage Amount $226,715.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Maximum allowable cost list means the list of drugs used by a pharmacy benefit manager that

  • Adjusted Total Assets means, for any Person, the sum of:

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Performance of the Basket Componenti (k means the Performance of the Basket Componenti on the respective Observation Date (k) according to the following formula:Ki (k) / Ki (initial)

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  • Eligible Costs means the actual costs reasonably incurred by the Recipient:

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  • Erroneous Payment Return Deficiency has the meaning assigned thereto in Section 10.12(d).

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Bankruptcy Loss With respect to any Mortgage Loan, a Deficient Valuation or Debt Service Reduction; provided, however, that a Bankruptcy Loss shall not be deemed a Bankruptcy Loss hereunder so long as the Master Servicer has notified the Trustee in writing that the Master Servicer is diligently pursuing any remedies that may exist in connection with the related Mortgage Loan and either (A) the related Mortgage Loan is not in default with regard to payments due thereunder or (B) delinquent payments of principal and interest under the related Mortgage Loan and any related escrow payments in respect of such Mortgage Loan are being advanced on a current basis by the Master Servicer, in either case without giving effect to any Debt Service Reduction or Deficient Valuation.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Adjusted Net Maximum Mortgage Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the applicable Maximum Mortgage Rate for such Mortgage Loan (or the Mortgage Rate in the case of any Fixed-Rate Mortgage Loan) as of the first day of the month preceding the month in which the related Distribution Date occurs minus the sum of (i) the Trustee Fee Rate and (ii) the Servicing Fee Rate.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Gross Liability Value means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an arm’s-length transaction.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.