Minimum Cost definition

Minimum Cost shall have the meaning set forth in Section 15.1.
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Minimum Cost means the minimum amount payable by you for the Schedule of Subject Premium and Reimbursable Losses and Deductible Losses and Self-Insured Losses and ALAE, if applicable, described in Section 6 of PART II.
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Minimum Cost means $500 or any higher amount that is specified by departmental rule that adjusts for inflation.
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Examples of Minimum Cost in a sentence

  • Minimum Cost Functions and Scale Economies The standard minimum cost function is quite different from the most preferred cost function just discussed.

  • There are three options for grants in this competition: Cost Reimbursement, Minimum Cost Reimbursement, and Fixed-amount Grants.

  • Bid price will be evaluated by the Committee on the basis of Minimum Cost per CCE for first picking in multipicking crop/ single picking.

  • Table 1: Estimated Effects of Real Minimum Cost Increases and Decreases On Subsequent Employment Probability: 1990-1992 and 1995CategoriesCoefficientStd ErrorP(empt+1=0 Share in) totalemployedpopulation at tNotes: Number of observations: 60,470 for years 1990 to 1992; 21,695 for year 1995.

  • Table 3: Estimated Effects of Real Minimum Cost Increases and Decreases On Subsequent Employment Probability: Pooled Estimates, Asymmetric EffectsCategoriesNotes: As in Table 2.

  • Table 2: Estimated Effects of Real Minimum Cost Increases and Decreases On Subsequent Employment Probability: Pooled EstimatesCategoriesNotes: Number of observations: 124,689 for years 1990 to 1993, 1995, and 1997.

  • Table 4: Estimated Effects of Real Minimum Cost Decreases and Increases On Prior Employment Probability: 1991-1993, 1994, 1996, and 1998CategoriesCoefficientStd ErrorP(empt=0) Share in ElasticityNotes: Number of observations: 60,428 for years (t+1) 1991 to 1993; 21,465 for 1994; 21,707 for 1996; 16,379 for 1998.

  • The Maximum Subsidy Case (Gift) corresponds to the Minimum Cost Recovery.

  • II (post-professional degree)Instruction for the M.Arch.II is given in the following fields of specialization:Architectural History and TheoryHousing (which includes Affordable Homes, Domestic Environments, and Minimum Cost Housing).Prerequisites:M.Arch.I – McGill B.Sc.(Arch.) degree, or equivalent; M.Arch.II – an M.Arch.I or equivalent professional degree.

  • Min-Max and Min-Max Regret Approaches to Minimum Cost Tools Selection, 4OR: A Quarterly Journal of Operations Research, vol.


More Definitions of Minimum Cost

Minimum Cost means the minimum amount payable by you for the Schedule of Subject Premium andALAE, if applicable, described in Section 6 of PART II.
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Minimum Cost means $500 or a higher amount adjusted for
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Related to Minimum Cost

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Maximum allowable cost list means a list of drugs for

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Minimum Net Worth means, for any Fiscal Quarter, the minimum Consolidated Net Worth required to be maintained by the Parent as of the end of such Fiscal Quarter pursuant to Section 6.12.