Initial Term Cost definition

Initial Term Cost means the initial term cost is the total cost for the initial term of the lease agreement (not including option years).
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Examples of Initial Term Cost in a sentence

  • Evaluation points awarded to the Vendor’s Cost Reply (maximum = 250 points) will be the sum of the Initial Term Cost Points + the Renewal Term Cost Points.

  • Failure to use the Initial Term Cost Matrix provided will render your proposal non-responsive and no further consideration will be given.

  • A Vendor’s Initial Term Cost Points will be determined based on its completed Price Information Sheet.

  • To complete the Initial Term Cost Matrix: Enter your proposed cost for each unit in column (B), “Cost Per Unit”. Multiply the “Cost Per Unit” by the “Estimated Total Member Months” from column (A) and enter the result in column (C), “Total for Initial Contract Term.”This is the amount proposed for the initial term of the contract, including three (3) full years of services and up to one-hundred twenty (120) calendar day implementation period, for a total of forty (40) months.

  • The Initial Term Cost Matrix on the following page includes IDHW’s best estimate of the number of units for the initial contract service term of thirty-six (36) months and is not to be considered a guarantee of actual number of units to be experienced under the contract.

  • A Vendor’s Cost Reply Score will be the sum of its Initial Term Cost Points and Renewal Term Cost Points.

  • The Vendor’s Cost Reply Score will be the sum of its Initial Term Cost Points + its Renewal Term Cost Points.

  • For billing purposes, the most current PPPM count is determined by the number of eligible participants.All offerors must use the Initial Term Cost Matrix format provided for submitting their cost proposal.

  • Award will be made to the responsive, responsible offeror with the highest number of points.APPENDIX A – COST PROPOSAL IDHW will pay and the Contractor shall receive up to the total amount proposed by the successful offeror for actual units provided as authorized under the contract and defined in the Initial Term Cost Matrix below.

Related to Initial Term Cost

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Initial Term has the meaning set forth in Section 7.1.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

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

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Renewal Term has the meaning set out in Section 9.1.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.