New Replacement Cost definition

New Replacement Cost means the cost to replace the Equipment with a new item of the same equipment, or if the same equipment is not available, then the cost to replace the Equipment with a new item of equipment of the same quality, function and capacity.
Sample 1Sample 2Sample 3

Examples of New Replacement Cost in a sentence

  • As disclosed in a material news release on August 12, 2014, a new independent valuation report was prepared, amounting to R$5,186,018, which corresponds to estimated investments at the New Replacement Cost (VNR) adjusted for accumulated depreciation through December 31, 2012.

  • Emphasis of matter Indemnification of amounts relating to assets classified as Existing Service (SE) As described in Note 8, pursuant to Lay No. 12783/13 and Technical Note No. 402/2013 of the National Electric Energy Agency (ANEEL), a new valuation report was prepared, amounting to R$5,186,018 thousand, which corresponds to investments by the New Replacement Cost (VNR) adjusted by accumulated depreciation through December 31, 2012.

  • The SI for each item covered must represent the New Replacement Cost.

  • White Resin Chairs $2.00/chair Kitchen Use $40.00/event Set Up and Tear-down (by Center Staff) $60/hour add’l Stage (20 feet by 8 feet) $100 Linens (Limited colors available max 8 rounds) $10/linen PA System (Not including hourly staff fee) $50 Carnival Games $10/game Canopies (pending availability) $10/canopy Damage/Replacement Fees (Invoiced after use) New Replacement Cost (PLEASE NOTE THAT TABLES AND CHAIRS ARE INCLUDED IN THE HOURLY FACILITY RENTAL FEE.

  • Section‐I : Equipments: New Replacement Cost including Freight, Customs Duties & Erection Costs.

  • To consider project to create a layed hedge – copse - £750.Proposed Mrs T Ramsden, seconded Mrs S Wisdom to RECOMMEND to Full Council approval of the quote.

  • If at the time of loss or Damage to any Insured Item under the Policy it is found that the Sum Insured is less than 90% of the New Replacement Cost (as defined under "Sum Insured" above), You will be considered as being Your own insurer for the proportion representing the difference between the new replacement cost and the Sum Insured and You will bear a proportionate share of the loss accordingly.

  • The starting point or basis of the Cost Approach is Reproduction Cost New, Replacement Cost, New, or a combination of both.

  • New Replacement Cost (up to 10 years old) settlement (NOT AVAILABLE ON MOTOR VEHICLES)You have the option to insure your nominated property (other than motor vehicles) which are no more than 10 years old for full new replacement cost.

  • If at the time of loss or Damage to any Insured Item under the Policy it is found that the Sum Insured is less than 90% ofthe New Replacement Cost (as defined under "Sum Insured" above), You will beconsidered as being Your own insurer for the proportion representing the difference between the New Replacement Cost and the Sum Insured and You will bear a proportionate share of the loss accordingly.

Related to New Replacement Cost

  • 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.

  • 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 building codes, ordinances or laws, and without deduction for depreciation.

  • 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.

  • Equipment Cost means, for any Item of Equipment, the gross amount paid by the Company to the manufacturer thereof, including all applicable sales taxes, and delivery charges as invoiced by such manufacturer to the Company.

  • 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.

  • Approved Replacement means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b), (c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

  • 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;

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • 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.

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

  • 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;

  • 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;

  • 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.

  • Public improvement costs means the costs of:

  • Cost Basis means (i) for cash, the dollar amount deposited, and (ii) for the other Permitted Investments, the amount paid, excluding accrued interest, by the holder to buy the United States Treasury Securities or the Money Market Fund shares. These amounts may also be known as the tax basis, book value, or tax cost basis.

  • 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.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • 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.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Repair or replacement means the restoration of vehicles, vessels, or outboard

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Fully Burdened Manufacturing Cost means, with respect to any Licensed Product supplied by or on behalf of NVCR to Zai hereunder if such Licensed Product (or any precursor or intermediate thereof) is manufactured by a Third Party manufacturer [***].