Rectification Costs definition

Rectification Costs means those costs that you incur as a result of the use of external consultants, contractors or advisers or any additional costs that you incur to pay your employees.For the avoidance of doubt, rectification costs do not include any hardware costs, basic salaries of your employees or your office expenses or any payments that you have paid or agreed to pay as part of any service or maintenance contract.

Rectification Costs means, for the purposes of any Termination Date that occurs during the Service Period, and amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Service is available;

Rectification Costs means, for the purposes of any Termination Date that occurs during the Custodial Service Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular Month or part of a Month in ensuring that the Custodial Service is available;

Examples of Rectification Costs in a sentence

• The Retention will apply to each claim for loss, and such Retention will be borne by the insureds uninsured and at their own risk.System And Data Rectification Costs – RetentionThe Insurer will pay only that portion of any system and data rectification costs that is in excess of the Retention shown in the Schedule of this endorsement, up to the applicable Limit Of Liability shown in the Schedule of this endorsement.

• If the C-70 Project Agreement is terminated during the Operating Period for Developer Default, the Parties agree that BE shall be responsible for all components of the Termination Amount, payable from any legally available funds of BE, provided that BE shall credit CDOT for any Maintenance Rectification Costs included in the Termination Amount.

• BE shall be responsible for all components of the Termination Amount, provided that BE shall credit CDOT for any Maintenance Rectification Costs included in the Termination Amount.

• A retention will apply to each claim for loss, and such retention will be borne by the insureds uninsured and at their own risk.System And Data Rectification Costs – RetentionThe Insurer will pay only that portion of any system and data rectification costs that is in excess of the System And Data Rectification Costs Retention shown in the Schedule of this endorsement, up to the applicable Limit Of Liability shown in the Schedule of this endorsement.

• Once this threshold has or is likely to be breached, it is a condition of this Policy that the Named Insured must obtain Underwriters written consent prior to incurring any further Rectification Costs, unless such notice would delay performing rectification that is essential to protecting the project against an imminent dangerous state, in which case notice shall be given promptly after rectification begins.

More Definitions of Rectification Costs

Rectification Costs means, for the purposes of any Termination Date that occurs after the Actual Completion Date [a Phase Actual Completion Date], an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Services are available;

Rectification Costs means any costs, charges or losses suffered or incurred by us, your Employees or any third party, as a result of or in connection with incorrect

Rectification Costs means, for the purposes of any Termination Date that occurs during the Contract Period, an amount equal to the reasonable costs reasonably and properly incurred by the Secretary of State or her nominee (as the case may be) in a particular Reporting Period or part of a Reporting Period in ensuring that the XXXX is performed;

Rectification Costs has the meaning given in Schedule 20 - Compensation on Termination.

Rectification Costs means, for the purposes of any Termination Date that occurs during the Service Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Service is available;

Rectification Costs means for the purposes of any Termination Date that occurs during the Services Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Services are available Rectification Period has the meaning given to it in Schedule 4 (Payment Mechanism) Redundancy has the meaning set out in section 139 of the Employment Rights Act 1996 Refinancing means:

Rectification Costs means an amount equal to the reasonable and proper costs incurred by the Province in a particular Payment Period or part of a Payment Period in performing or procuring the performance of the Undertakings including any costs incurred by the Province in rectifying or mitigating the consequences of any default by the Concessionaire under this Agreement.