Incremental Recurrent Costs definition

Incremental Recurrent Costs means the cost of insurance, utilities, repairs and maintenance, salaries of incremental staff and travel for the execution of Project activities by Government Agencies and/or SENASA; and

Examples of Incremental Recurrent Costs in a sentence

  • Incremental Recurrent Costs 1/ Figures in parenthesis are the amounts to be financed by the Bank Loan.

  • We’re asking for better contracts in some cases, and in respect of graduate students in particular, we’re asking for better pay and even pay in general as there’s a lot of teaching going on which is not being paid.

  • Table 5: Incremental Recurrent Costs Itemm3 = cubic meter, O&M = operation and maintenance.a Operating margin is 92.1%.b Operating margin is 57.2%.Source: Asian Development Bank estimates.

  • Recurrent Costs1 Incremental Recurrent Costs 0.0 0.0 78.6 100.0 78.6 0.3 0.0 70.8 7.9Source: COSTAB / EXPFINNote: Including contingencies, taxes and duties.

  • Incremental Recurrent Costs 1 Project Management and Administration4.18 a Exchange rate of 1$=SLRs. 110 has been used.bIn Mid-2011 prices.cComputed at 10% for civil works; and 8% for equipment.dPrice contingencies computed at 1.5% per annum.eInterest during construction for ADB loan has been computed at 1% per annum.Source: Asian Development Bank estimates Note: Numbers may not sum precisely because of rounding E.

  • Table 4: Projected Incremental Recurrent Costs and Operation and MaintenanceExpenditures for the Facilities under the Project, 2018–2021 (MNT million)Item2018201920202021Basic and secondary education budgeta1,013,3621,125,2971,282,8381,462,436Recurrent costs including O&M of projectschools and kindergartens3969838,0083,740Recurrent costs including O&M as % of basic and secondary education budget0.040.090.620.26MECSS = Ministry of Education, Culture, Science and Sports; O&M = operation and maintenance.

Related to Incremental Recurrent Costs

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

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

  • 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;

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”). Capital Grant

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Direct Costs means the sum of the following:

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Incremental Term Note shall have the meaning provided in Section 2.05(a).

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Total Project Costs means the total amount of money required to complete the Project.