Net Cost Impact definition

Net Cost Impact means, with respect to the aggregate of all City Change Orders with respect to the Public Improvements, the net increase or reduction attributable to the subject Changes, in the cost of the labor, materials, supplies, equipment, general conditions, construction and services required to construct, equip, complete and install (“Cost of the Work”) to the extent that the aggregate of such Changes actually increase or reduce the Cost of the Work which is the subject of the Changes, as reasonably determined by the Redeveloper’s Architect, and after taking into account all additions and credits involved in any one Change. The xxxx-up for general conditions, overhead and profit involved in any Change shall be equivalent to that provided for in the construction management contract(s) and subcontracts related to the Private Improvements, such xxxx-up to be memorialized in writing between the Parties when such contracts have been negotiated. “Net Cost Impact” shall also include any architectural and engineering costs related to the subject Change and the costs of obtaining any governmental approvals related thereto.
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Net Cost Impact shall also include any architectural and engineering costs related to the subject Change and the costs of obtaining any governmental approvals related thereto.
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Net Cost Impact means the aggregate value of any net increase in the [Developer]’s costs reflected on an annual basis directly attributable to a [Compensation Event], as compared with what the [Developer]’s costs would have been absent the occurrence of the [Compensation Event], less the increased costs that can reasonably be mitigated by the [Developer].
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Examples of Net Cost Impact in a sentence

  • The Compensation Event Notice shall set forth (i) the Compensation Event and its date of occurrence in reasonable detail, and (ii) the amount claimed as the Concessionaire Damages or as Positive Revenue, as applicable, and details of the calculation thereof including a written analysis and calculation of the estimated Net Cost Impact, if any, and estimated Net Revenue Impact.

  • The Compensation Event Notice shall set forth (i) the Compensation Event and its date of occurrence in reasonable detail, (ii) the amount claimed as the Concessionaire Damages, and (iii) details of the calculation thereof including a written analysis and calculation of the estimated Net Cost Impact, if any, and estimated Net Revenue Impact.

  • If the Concessionaire or the Department submits a Compensation Event Notice under the ARCA, at the request of either party (and at the expense of the requesting party) the Independent Engineer shall prepare a comprehensive report as to the Compensation Event Notice’s estimate of the Net Cost Impact attributable to the Compensation Event.


More Definitions of Net Cost Impact

Net Cost Impact means any net increase or decrease in the Borrower’s costs (including the Borrower’s reasonable allocable costs and taking into account any savings in the Borrower’s operating and finance costs resulting from a Compensation Event) directly attributable to the occurrence of a Compensation Event, as compared with what the Borrower’s costs (including the Borrower’s reasonable allocable costs) would have been absent the occurrence of such Compensation Event, less the increased costs that can reasonably be mitigated by the Borrower in accordance with applicable provisions of the Amended and Restated Comprehensive Agreement (excluding any mitigation of costs subtracted from Net Revenue Impact for the same Compensation Event).
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Net Cost Impact has the meaning set forth in the Lease. Net Revenue Impact has the meaning set forth in the Lease. New CHRP means the new central heating and refrigeration plant to be constructed by the Developer (or by the Design-Builder pursuant to the terms hereof). New Facilities has the meaning set forth in Section 10.1(a)(x).
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Net Cost Impact means the aggregate value of any net increase in the Concessionaire’s costs (including the Concessionaire’s Allocable Costs to the extent applicable), reflected on an annual basis, directly attributable to an Unforeseen Event, as compared with what the Concessionaire’s costs (including the Concessionaire’s Allocable Costs, to the extent applicable) would have been absent the occurrence of the Unforeseen Event, less the increased costs that can reasonably be mitigated by the Concessionaire. Net Cost Impact will: (a) exclude amounts paid or to be paid to Affiliates that have not been approved by the Authority pursuant to Section 4.13 that are in excess of the pricing the Concessionaire could reasonably obtain in an arms’ length, competitive transaction with an unaffiliated Contractor and (b) take into account any savings in costs, including finance costs, attributable to the Unforeseen Event.
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Net Cost Impact means the aggregate value of any net increase in the Developer’s costs (including the Developer’s Allocable Costs to the extent applicable), reflected on an annual basis, directly attributable to a Compensation Event, as compared with what the Developer’s costs (including the Developer’s Allocable Costs, to the extent applicable) would have been absent the occurrence of the Compensation Event, less the increased costs that can reasonably be mitigated by the Developer. Net Cost Impact will:
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Related to Net Cost Impact

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • 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.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • 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;

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • 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;

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • 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;

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Manufacturing Cost means [***].

  • Target Cost as used in this contract, means the estimated cost of this contract as initially negotiated, adjusted in accordance with paragraph (d) of this clause.

  • medium term expenditure framework ’ means a budgeting framework applied by the National Treasury which—

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

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

  • 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.

  • Maximum allowable cost list means a list of drugs for

  • Lowest Cost Response means the response required or allowed under Environmental Laws that addresses the condition present at the lowest cost (considered as a whole taking into consideration any material negative impact such response may have on the operations of the relevant assets and any potential material additional costs or liabilities that may likely arise a result of such response) as compared to any other response that is consistent with Environmental Laws.

  • 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.

  • Current closure cost estimate means the most recent of the estimates pre- pared in accordance with § 265.142 (a), (b), and (c).

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

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.