Policy Costs definition

Policy Costs means repayment of draws under the Reserve Fund Insurance Policy, if any, plus all related reasonable expenses incurred by the Surety Provider, plus accrued interest thereon.

Policy Costs means, collectively, the repayment of draws, reasonable expenses and interest related to a Reserve Account Insurance Policy and/or Reserve Account Letter of Credit.

Policy Costs has the meaning set forth in Section 5.2(c), Subparagraph A hereof.

Examples of Policy Costs in a sentence

• Payment of any Policy Costs shall be made prior to replenishment of any such cash amounts.

• Repayment of draws and payment of expenses and accrued interest thereon at the Late Payment Rate (collectively, “Policy Costs”) shall commence in the first month following each draw, and each such monthly payment shall be in an amount at least equal to 1/12 of the aggregate of Policy Costs related to such draw.

• The key costs and benefits associated with option 1 are set out below: Option 1 Policy Costs (excluding OIOO)Fee rises may deter potential overseas applicants, reducing the income of UKBA.

• Opponents must either 1) argue that term limits stand as a protected clause in the constitution that is impervious to amendment until after a certain date or 2) argue that the process of amending the constitution (popular referendum or parliamentary vote) is corrupt.

• The IO posts all responses to email inquiries on the Bid Opportunities website such that all prospective vendors receive consistent information and no vendor receives information not provided to all vendors.

More Definitions of Policy Costs

Policy Costs means repayment of all amounts due under the Reserve Policy and all amounts due with respect to any Additional Reserve Policy resulting from a failure by the District to pay the principal of and interest on the Bonds when due.

Policy Costs means costs owed to the Reserve Insurer and representing the repayment of draws and Administrative Costs, and accrued interest thereon, at the Late Payment Rate.

Policy Costs means Costs, Charges and Expenses, Inquiry Costs, Facilitation Costs, Personal Asset Costs, Personal Reputation Costs, Mitigation Costs or Access to Policy Costs, but shall not include salaries, wages, overhead or benefit expenses associated with directors, officers or employees of the Company.

Policy Costs means costs owed to the Reserve Insurer and representing the repayment of draws and payment of expenses and accrued interest thereon, at the Late Payment Rate.

Policy Costs means the annual amount due with respect to any policy or surety bond in lieu of depositing cash in any reserve fund established for any Bonds or Contracts.

Policy Costs means, with respect to the funding of the applicable maximum bond reserve amount in the applicable bond reserve account for any Parity Bonds or any additional bonds which may hereafter be issued on a parity with the Bonds, for which a bond insurance policy (a “Reserve Policy”) has been provided in lieu of a cash deposit, the City’s repayment of any draws under such Reserve Policy and related reasonable expenses incurred by the applicable provider of the Reserve Policy.

Policy Costs means repayment of draws related to the Series 2023-1 Debt Service Reserve Insurance Policy and payment of expense and accrued interest thereon at the Late Payment Rate.