Refund Costs definition

Refund Costs means the one-time payment of the cash value per defective Photovoltaic Module of the underperformance of the Photovoltaic Modules, being the sum of the difference in the Actual Module Performance (in Wp) and the Insured Module Performancemultiplied by the market price in Cur xxx/Wp at the date of the claim under the Policy, but not exceeding the Sales Price in Cur xxx/Wp of the defective Photovoltaic Modules.
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Refund Costs means the one-time payment per Breach of the cash value of the Underperformance of the Photovoltaic Modules in the Solar Park, defined as:
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Examples of Refund Costs in a sentence

  • TABLE 2 Estimated Magazine Refund Costs* Refunds to Current Subscribers$200,000Refunds to Patron Subscribers50,000Refunds to New Subscribers75,000Refund Printing and Mailing Costs 45,000Total Refund Costs$370,000 *Does not include staffing costs associated with refunds.

  • If the Purchaser Actual Costs are less than the Purchaser Estimated Costs, or if credits are due pursuant to Section 6(b)(1)-(5) or both (“Refund Costs”), the District shall give credit to the Purchaser against the Purchaser Estimated Costs for the current Contract Year in an amount equal to such Refund Costs; provided that if Refund Costs are due to Purchaser following the expiration of this contract, the District shall make a cash refund of such amount to the Purchaser.

  • If the Purchaser Actual Costs are less than the Purchaser Estimated Costs, or if credits are due pursuant to Section 6(b)(1)-(5) or both ("Refund Costs"), the District shall give credit to the Purchaser against the Purchaser Estimated Costs for the current Contract Year in an amount equal to such Refund Costs; provided, that if Refund Costs are due to Purchaser following the expiration of this contract, the District shall make a cash refund of such amount to the Purchaser.

  • The City’s two OPEB plans are presented in the aggregate on the Statement of Net Position.

  • The Sub-Limit for all such Replacement, Repair or Refund Costs will be stated in the Schedule.

  • Exclusions from the 2010 Act‌5.1 ‘Exceptional cases’‌In ‘exceptional cases’ the Government can ratify treaties without laying them before Parliament, as long as it then publishes the treaty and its reasons for not following the normal rules.18There is no indication in the 2010 Act of what might constitute an exceptional case.

  • The Board has now determined that four of the six Directors currently in office (Messrs Jones, Dougas, Barwick, and Bird) are independent.

  • TK-4)($2,152,078)4 Total Recovery Year Recoverable / (Refund) Costs (L1+L2+L3)$1,148,1835 Projected Normalized Sales and Services (Forecast Sch.

  • In the event that it is not financially viable or reasonable to replace or restore the Insured Prod- uct(s), the Insurer will have the discretion to reimburse the Named Insured’s original expenses of manufacturing or purchasing the Insured Product(s).Restore, Replace and Refund Costs do not include:a.

  • If the Purchaser Actual Costs are less than the Purchaser Estimated Costs, or if credits are due pursuant to Section 5(b) or both (“Refund Costs”), the District shall give credit to the Purchaser against the Purchaser Estimated Costs for the current Contract Year in an amount equal to such Refund Costs; provided, that if Refund Costs are due to Purchaser following the expiration of this contract, the District shall make a cash refund of such amount to the Purchaser.

Related to Refund Costs

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Excess Costs means the additional costs, if any, which shall be

  • Unwind Costs means an amount determined by the Calculation Agent equal to the sum of (without duplication) all costs, fees, charges, expenses (including loss of funding), tax and duties incurred by the Issuer and/or any of its Affiliates in connection with the redemption of the Credit- Linked Notes and the related termination, settlement or re- establishment of any hedge or related trading position.

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Attorneys’ Fees and Costs means: (i) fees and out of pocket costs of Lender’s and Loan Servicer’s attorneys, as applicable, including costs of Lender’s and Loan Servicer’s in-house counsel, support staff costs, costs of preparing for litigation, computerized research, telephone and facsimile transmission expenses, mileage, deposition costs, postage, duplicating, process service, videotaping and similar costs and expenses; (ii) costs and fees of expert witnesses, including appraisers; (iii) investigatory fees; and (iv) costs for any opinion required by Lender pursuant to the terms of the Loan Documents.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Tax Costs which shall mean any and all real estate taxes and other similar charges on real property or improvements, assessments, water and sewer charges, and all other charges assessed, reassessed or levied upon the Project and appurtenances thereto and the parking or other facilities thereof, or the real property thereunder (collectively the "Real Property") or attributable thereto or on the rents, issues, profits or income received or derived therefrom which are assessed, reassessed or levied by the United States, the State of California or any local government authority or agency or any political subdivision thereof, and shall include Landlord's reasonable legal fees, costs and disbursements incurred in connection with proceedings for reduction of Tax Costs or any part thereof; provided, however, if at any time after the date of this Lease the methods of taxation now prevailing shall be altered so that in lieu of or as a supplement to or a substitute for the whole or any part of any Tax Costs, there shall be assessed, reassessed or levied (a) a tax, assessment, reassessment, levy, imposition or charge wholly or partially as a net income, capital or franchise levy or otherwise on the rents, issues, profits or income derived therefrom, or (b) a tax, assessment, reassessment, levy (including but not limited to any municipal, state or federal levy), imposition or charge measured by or based in whole or in part upon the Real Property and imposed upon Landlord, then except to the extent such items are payable by Tenant under Article 6 below, such taxes, assessments, reassessments or levies or the part thereof so measured or based, shall be deemed to be included in the term "Direct Costs." In no event shall Tax Costs included in Direct Costs for any year subsequent to the Base Year be less than the amount of Tax Costs included in Direct Costs for the Base Year. In addition, when calculating Tax Costs for the Base Year, special assessments shall only be deemed included in Tax Costs for the Base Year to the extent that such special assessments are included in Tax Costs for the applicable subsequent calendar year during the Term.

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Direct Costs means the sum of the following:

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.30.

  • Additional Costs has the meaning given that term in Section 4.1.

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • 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.

  • 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.

  • Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

  • Qualified Costs means an electric utility's regulatory assets as determined by the commission, adjusted by the applicable portion of related investment tax credits, plus any costs that the commission determines that the electric utility would be unlikely to collect in a competitive market, including, but not limited to, retail open access implementation costs and the costs of a commission approved restructuring, buyout or buy-down of a power purchase contract, together with the costs of issuing, supporting, and servicing securitization bonds and any costs of retiring and refunding the electric utility's existing debt and equity securities in connection with the issuance of securitization bonds. Qualified costs include taxes related to the recovery of securitization charges.

  • Settlement Costs means all costs incurred by Plaintiff, the Settlement Class Members, and their attorneys, including but not limited to Plaintiff’s attorneys’ fees, costs of suit, Plaintiff’s expert or consultant fees, any incentive payments paid to the Class Representative, notice costs, costs of claims administration, and all other costs of administering the Settlement Agreement.

  • Government costs, as used in this clause, means those agency costs that result directly from developing and implementing the VECP, such as any net increases in the cost of testing, operations, maintenance, and logistics support. The term does not include the normal administrative costs of processing the VECP or any increase in this contract's cost or price resulting from negative instant contract savings.

  • Disallowed costs means those charges determined to be unallowable, in accordance with the applicable Federal statutes, regulations, or the terms and conditions of the Federal award. (2 CFR 200.31 and 45 CFR 75.2)

  • Sales Costs means all costs, direct and indirect, associated with a foreclosure sale by the City, including but not limited to: county recording fees, title reports or other means of identifying persons with interest in the property, title insurance, service and notification, publication and advertising, posting, sale, and staff salaries, including benefits and overhead.

  • Hard Costs means all costs and expenses payable for supplies, materials, labor and profit with respect to the Improvements under any Construction Contract.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Environmental Costs any and all costs or expenses (including attorney’s and consultant’s fees, investigation and laboratory fees, response costs, court costs and litigation expenses, fines, penalties, damages, settlement payments, judgments and awards), of whatever kind or nature, known or unknown, contingent or otherwise, arising out of, or in any way relating to, any actual or alleged violation of, noncompliance with or liability under any Environmental Laws. Environmental Costs include any and all of the foregoing, without regard to whether they arise out of or are related to any past, pending or threatened proceeding of any kind.