Examples of Remediation Costs in a sentence
As to the Atlantic Avenue, net proceeds shall equal gross proceeds less the sum of (1) net book cost as of the closing of sale; (2) costs of sale including professional fees, real estate commissions, taxes and title insurance; and (3) Remediation Costs previously paid by ratepayers relative to Atlantic Avenue.
In the event that any proceeds are available above the total Remediation Costs of the site, the balance of the proceeds shall then be shared equally between the Company and the ratepayers.
X = The number of years that the Actual Remediation Costs incurred in remediation year n have been subject to amortization (X = 1, 2, 3...
ARCn = The amount of the Actual Remediation Costs incurred in remediation year n.
Any excess over Remediation Costs recovered at Atlantic Avenue shall then be shared equally between the Company and its ratepayers as provided in a), Generally, above.