Reinstatement Cost definition

Reinstatement Cost means the direct costs agreed (or on failure to agree as reasonably determined by the Secretary of State) by the Secretary of State and the Franchisee as being the reasonable and proper costs to be incurred by the Franchisee for the purposes of carrying out the Reinstatement Works;

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Reinstatement Cost the full cost of reinstatement of the Building as reasonably determined by the Landlord from time to time, taking into account inflation of building costs and including any costs of demolition, site clearance, site protection, shoring up and any other work to the Building that may be required by law and any VAT on any such costs.

Reinstatement Cost means the direct costs agreed (or on failure to

Examples of Reinstatement Cost in a sentence

Insurance To effect and maintain insurance of the Building against loss or damage caused by any of the Insured Risks with reputable insurers, on fair and reasonable terms that represent value for money, for an amount not less than the Reinstatement Cost subject to: any exclusions, limitations, conditions or excesses that may be imposed by the insurer; and insurance being available on reasonable terms in the London insurance market.
To procure that the Building is insured (unless such insurance shall be vitiated by any act on your part or of your employees, servants, agents or visitors) in the Reinstatement Cost (with an appropriate addition for professional fees and loss of rent) against loss or damage by any or all of the Insured Risks and to produce to you on demand evidence of such insurance.
Reinstatement Cost: the full cost of reinstatement of the Property (excluding the Excluded Insurance Items) taking into account inflation of building costs and including any costs of demolition, site clearance, site protection, shoring up, professionals' and statutory fees and incidental expenses and any other work to the Property that may be required by law and any VAT on all such costs, fees and expenses.
Reinstatement Cost: the full cost of reinstatement of the Property as reasonably determined by the Tenant from time to time taking into account inflation of building costs and including any costs of demolition, site clearance, site protection, shoring up, professional fees and expenses and the costs of any other work to the Property that may be required by law and any VAT on any such costs, fees and expenses.
The Reinstatement Cost exceeds an amount of 1,000,000,000 NIS (One Billion NIS).

More Definitions of Reinstatement Cost

Reinstatement Cost means the costs of reinstating the Building at the time when such reinstatement is likely to take place having regard to any possible increases in building costs in a sum which includes the cost of demolition, shoring up, site clearance, ancillary expenses and architects' surveyors' and other professional fees and Value Added Tax on all the items mentioned in this definition

Reinstatement Cost means the estimated cost of rebuilding anew a building or structure with a similar, modern substitute. In the case of plant and machinery, it is the cost (including the cost of freight, insurance and installation) of replacing it with a new plant and machinery item, which is a similar, modern substitute.

Reinstatement Cost means a sum of HK$4,563,540.

Reinstatement Cost the sum equal to the Landlord’s reasonable estimate from time to time of the full cost of reinstatement of the Property (excluding the Excluded Insurance Items) and including any costs of demolition, site clearance, site protection, shoring up, professionals’ and statutory fees and incidental expenses and any other work to the Property that may be required by law and any VAT on all such costs, fees and expenses. Relevant Period: each period of twelve months ending on or about the last day of the proposed assignee’s financial year and each period of twelve months ending on or about the last day of each financial quarter. Rents: the rents set out in clause 2.2. Rent Commencement Date: the date of this lease. Rent Payment Dates: 25 March, 24 June, 29 September and 25 December. Revenue: means the aggregate of all sums of money or other consideration received or receivable for all goods sold, leased, hired or otherwise disposed of by the proposed assignee and for all services sold or performed by the proposed assignee excluding VAT, purchase tax and any similar sales or excise tax imposed directly on the proposed assignee in respect of the supply of goods or services; Rights: the rights granted in Schedule 1.

Reinstatement Cost means the full reinstatement cost of the Building including (but without limitation) allowance for inflation in costs the cost of demolition and clearance of debris the cost of temporary support and protection incidental expenses consequent upon rebuilding or reinstating including the cost of compliance with all local authority and statutory requirements architects' quantity surveyors' structural and civil engineers' mechanical and electrical engineers' and other professional fees together with VAT on all the foregoing including without limitation VAT on any self supply under Paragraphs 5 and 6 of Schedule 6A to the VAT Act whether or not the Landlord has made a VAT Election

Reinstatement Cost the costs, allowing for inflation during the

Reinstatement Cost the full cost of reinstatement of the Centre (excluding the Excluded Insurance Items) taking into account inflation of building costs and including any costs of demolition, site clearance, site protection, shoring up, professionals' and statutory fees and incidental expenses and any other work to the Centre that may be required by law and any VAT on all such costs, fees and expenses. Rent Commencement Date: payable from commencement of the Lease. Rent Payment Dates: 25 March, 24 June, 29 September and 25 December Rent Review dates: third and fifth anniversary of the lease commencement date Reservations: the rights excepted and reserved in 331. of Schedule 3.