Release Costs definition

Release Costs means: (i) reasonable and necessary fees, costs and expenses incurred by an Insured Person to lawfully seek the release of such Insured Person from any Pre-Claim Inquiry arrest or confinement to a specified residence or secure custodial premises operated by or on behalf of any law enforcement authority; or (ii) reasonable and necessary premium (but not collat- eral) incurred by an Insured Person for a bail bond or other similar financial instrument to guaran- tee the contingent obligation of the Insured Person for a specified amount required by a court that are incurred or required outside the United States of America during the Policy Period, provided no Claim has been made. Coverage for such premiums shall be afforded only if such premiums arise out of an actual or alleged Wrongful Act, or are incurred solely by reason of such Insured Person’s status as a director, officer or employee of an Entity. The Insured Person shall obtain the Company’s consent prior to incurring such Release Costs which shall not be unreasonably withheld.
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Release Costs is defined in Article X: Hockey Operations, Section 2: Reserve System, Paragraphs D and E.
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Release Costs means the reasonable costs and expenses (if any) of Trustee and/or the Bondholder, with respect to which College is obligated to pay or reimburse Trustee and/or Bondholder with respect to the termination of the Bond financing and release of the Foundation Mortgage. “Release Price” means the total outstanding principal balance of the Bonds and/or interest accrued thereon, as set forth in a binding payoff letter (in form reasonably satisfactory to Developer and its Title Company) given by Trustee and/or the Bondholder, which payoff letter shall provide that, upon payment of said Release Price, the Land and Property Improvements shall be release from the lien of the Foundation Mortgage and any other lien or security interest in favor the Trustee or Bondholder. “Release Threshold” means an aggregate amount of Eight Million Five Hundred Thousand and NO/100 Dollars ($8,500,000.00).
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Examples of Release Costs in a sentence

  • Except for those Updates for which the SI is responsible for providing pursuant to Section 19.7.1 (SI Costs for Software Releases of Third Party Software), the MTA acknowledges that, as between the parties, the MTA shall be responsible for certain costs that the SI incurs in connection with its provision of Updates that constitute Software Releases of Third Party Software (the "SI Software Release Costs").

  • By way of clarification, and not limitation, the SI shall support the then-current version of the NFPS Software (as updated from time to time, including due to Updates that constitute Software Releases) for those amounts included in the Price Schedule and, other than the SI Software Release Costs, the SI shall not be entitled to any additional compensation or consideration related to its provision of Updates that constitute Software Releases.

  • The SI's compensation for its provision of any Software Releases pursuant to this Section 19.7.2 (MTA Costs for Software Releases of Third Party Software) shall be treated as Extra Work pursuant to Section 32 (Changes in Work; Change Orders); provided, however, that any Change Order Proposal shall include a detailed explanation of the SI Software Release Costs.

  • The SI Software Release Costs shall (i) consist only of those fees charged by the applicable Third Party to obtain a license to the Software Release and the SI's initial installation, implementation and integration of such Software Release, and (ii) be reduced by those amounts to which the SI is entitled to be paid by the MTA for the Third Party Software component that is being replaced by the Software Release.

  • Such Defense Expenses, Pre-Claim Inquiry Expenses, Foreign Accommodation Costs, and Custodial Release Costs will be advanced on a current basis, but no later than 90 days after the date on which the Company’s Claims department receives: (i.) the invoices documenting that such amounts have been incurred; and (ii.) any additional information or documentation reasonably requested by the Company related to such amounts.

  • The purchase price (“Purchase Price”) payable by Developer for the Lagoon Landing Facility at Closing shall be an amount equal to the Release Price, plus the Release Costs, in an aggregate amount not to exceed the Release Threshold.

  • Developer shall pay, as part of the Release Costs, any recording costs and any costs relating to its financing for any costs associated with the payoff/release/satisfaction of the lien of the Foundation Mortgage and any other liens, rights or interests of the Trustee, Bondholder or any other third party associated with the Bonds.

  • The Company will advance, on behalf of the Insured Persons, Defense Expenses, Pre-Claim Inquiry Expenses, Foreign Accommodation Costs, and Custodial Release Costs that are covered under this Policy.


More Definitions of Release Costs

Release Costs means the aggregate amount of $539,115.78 representing the costs and expenses set out in the schedule attached hereto as Annex 1;
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Related to Release Costs

  • Defense Costs has the meaning set forth in Section 13.

  • Response Costs means all costs, including, but not limited to, direct and indirect costs, that the United States incurs in monitoring and supervising Respondents’ performance of the Work to determine whether such performance is consistent with the requirements of this Order, including costs incurred in reviewing deliverables submitted pursuant to this Order, as well as costs incurred in overseeing implementation of this Order, including, but not limited to, payroll costs, contractor costs, travel costs, and laboratory costs.]

  • FTE Costs means the product of (a) the number of FTEs (proportionately, on a per-FTE basis) used by a Party or its Affiliates in directly performing activities assigned to such Party under and in accordance with the Global Development Plan, Commercialization Plan or Medical Affairs Plan, as applicable, and (b) the FTE Rate.

  • Prime costs and “Prime cost sum” means the amount actually paid by the contractor for any article, commodity or special work and shall include all proper charges for packing, carriage and delivery to site, after deduction of all trade documents, rebates and allowances and the discount obtainable for cash insofar as such discount for cash exceeds 2½%.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Direct Costs means the sum of the following:

  • Future Response Costs means all costs, including, but not limited to, direct and indirect costs, that the United States incurs in reviewing or developing deliverables submitted pursuant to this CD, in overseeing implementation of the Work, or otherwise implementing, overseeing, or enforcing this CD, including, but not limited to, payroll costs, contractor costs, travel costs, laboratory costs, the costs incurred pursuant to ¶ 11 (Emergencies and Releases), ¶ 12 (Community Involvement) (including the costs of any technical assistance grant under Section 117(e) of CERCLA, 42 U.S.C. § 9617(e)), ¶ 32 (Access to Financial Assurance), Section VII (Remedy Review), Section VIII (Property Requirements) (including the cost of attorney time and any monies paid to secure or enforce access or land, water, or other resource use restrictions and/or to secure, implement, monitor, maintain, or enforce Institutional Controls including the amount of just compensation), and Section XIV (Dispute Resolution), and all litigation costs. Future Response Costs shall also include all Interim Response Costs, [and] all Interest on those Past Response Costs SDs have agreed to pay under this CD that has accrued pursuant to 42 U.S.C. § 9607(a) during the period from [insert the date identified in the Past Response Costs definition] to the Effective Date [include the following text if ATSDR is currently conducting activities or anticipates doing so in the future: , and Agency for Toxic Substances and Disease Registry (ATSDR) costs regarding the Site].

  • Interim Response Costs means all costs, including but not limited to direct and indirect costs, (a) paid by the United States in connection with the Site between [insert date identified in Past Response Costs definition] and the Effective Date, or (b) incurred prior to the Effective Date, but paid after that date.]

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Defence Costs means the fees and expenses incurred by the Insured with Our prior written consent in defending, settling or investigating a claim covered by the Policy.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and administering and carrying out the terms of the Settlement.

  • Basic generation service transition costs means the amount by

  • Past Response Costs means all costs, including, but not limited to, direct and indirect costs, that the United States paid at or in connection with the Site through [insert date of most recent cost summary], plus Interest on all such costs through such date.]

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

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

  • Legal defense costs means any expenses that an insurer incurs in defending against claims of third parties brought under the terms and conditions of an insurance policy.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • 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.

  • Basic Costs means all direct and indirect costs and expenses incurred in connection with the Building as more fully defined in Exhibit C attached hereto.

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Advertising Costs The Company will determine with the Agent the amount of advertising that may be appropriate in soliciting offers to purchase the Book-Entry Notes. Advertising expenses will be paid by the Company.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.