QCiL Costs definition

QCiL Costs means, in relation to a Qualifying Change in Law, all out-of-pocket costs (including QCiL Tax Liabilities) which have been, will be or are reasonably likely to be incurred in respect of the Project by the Generator arising directly as a result or in anticipation of such Qualifying Change in Law being implemented, occurring or becoming effective, but excluding: (i) any Termination Amount; (ii) all costs incurred in respect of the agreement or determination of the amount of the Termination Amount; and (iii) all costs associated with the Generator’s financing arrangements in respect of the Project (including interest incurred in respect of such financing arrangements);
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QCiL Costs means, in relation to a Qualifying Change in Law that is not a Change in Regulatory Basis, all out-of-pocket costs (including any QCiL Tax Liability) which have been or will or are reasonably likely to be incurred during the Term in respect of the Project by the Generator arising directly as a result or in anticipation of such Qualifying Change in Law being implemented, occurring or becoming effective and, in the case of forecast costs, including a reasonable risk-based contingency on those costs, but excluding:
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QCiL Costs means, in relation to a Qualifying Change in Law, all out-of-pocket costs (including QCiL Tax Liabilities) which have been, will be or are reasonably likely to be incurred in respect of the Project by the Emitter arising directly as a result or in anticipation of such Qualifying Change in Law being implemented, occurring or becoming effective, but excluding:
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More Definitions of QCiL Costs

QCiL Costs means in relation to a Qualifying Change in Law, all out-of-pocket costs (including Qualifying Change in Law tax liabilities) which have been, will be or are reasonably likely to be incurred in respect of the Project by the Generator arising directly as a result or in anticipation of such Qualifying Change in Law being implemented, occurring or becoming effective, but excluding: (i) any termination amount; (ii) all costs incurred in respect of the agreement or determination of the amount of the termination amount; and
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QCiL Costs means, in relation to a Qualifying Change in Law, all costs (including in relation to Tax) which will or are reasonably likely to be reasonably incurred by the Generator arising directly from such Qualifying Change in Law, if and to the extent that such costs would have been incurred or suffered by a generator acting to a Reasonable and Prudent Standard as a result of or in anticipation of such Qualifying Change in Law being implemented, occurring or becoming effective but excluding any costs incurred by virtue of Clause 28.3;62
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Related to QCiL Costs

  • Travel costs ’ means expenses for transportation, lodging, subsistence (meals and incidentals), and related expenses incurred by employees who are on travel status on official business of the recipient for any travel outside the country in which the organization is located. “Travel costs” do not include expenses incurred by employees who are not on official business of the recipient, such as rest and recuperation (R&R) travel offered as part of an employee’s benefits package that are consistent with the recipient’s personnel and travel policies and procedures.

  • Costs For any Person, any claims, losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses of such Person.

  • Legal Costs of a person means legal costs incurred by that person in defending an action for a Liability of that person.

  • Direct Costs means the sum of the following:

  • Personnel Costs means the costs of researchers, technicians and other supporting staff to the extent employed on the relevant project or activity;

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • 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:

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Operational Costs means costs and expenses incurred by the Managers on behalf of the Owners to operate and maintain the Vessel including Communication Expenses and EDP Expenses;