Renewal and Replacement Costs definition

Renewal and Replacement Costs means all expenses incurred or to be incurred by the Borrower or CDOT relating to Renewal and Replacement.
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Renewal and Replacement Costs means the costs of System capital renewals, replacements, major repairs or reconstruction. Solid Waste Operations Fund
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Renewal and Replacement Costs means costs associated with major reconstruction, rehabilitation, renewals, replacements and extraordinary repairs necessary to the sound operation of the Turnpike System or to prevent the loss of Revenues, but not costs associated with new construction, additions or extensions.
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Examples of Renewal and Replacement Costs in a sentence

  • Any allowances for Renewal and Replacement Costs remaining at the end of each Fiscal Year shall be carried forward, except that City cannot accumulate more than Ten Million Dollars ($10,000,000) for the Terminal and Airfield Cost and Revenue Centers in allowances reserved for such costs.

  • Centers shall mean those areas or functional activities of the Airport used for the purposes of accounting for Revenues, Capital Expenditures, Operating Expenses, Renewal and Replacement Costs and Debt Service.

  • Center shall include all Debt Service, all direct and indirect Operating Expenses, all Renewal and Replacement Costs and all Revenues attributable to the Airfield.


More Definitions of Renewal and Replacement Costs

Renewal and Replacement Costs means, with respect to any I-25 North Renewal and Replacement, all expenses incurred or to be incurred by the Transportation Enterprise or CDOT relating to such I-25 North Renewal and Replacement, including any costs of I-25 North Renewal and Replacement payable by the Transportation Enterprise to CDOT pursuant to the CDOT-HPTE Intra-Agency Agreement that are allocable to the I-25 North Express Lanes.
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Renewal and Replacement Costs means the costs for the renewal and replacement of existing facilities at the Airport in accordance with the Master Agreement. This amount shall not exceed Ten Million Dollars ($10,000,000) annually, in the aggregate, for the Terminal and Airfield, excluding any costs funded with PFCs, CFCs, federal grants and other forms of financial assistance as well as the local share, if any, of projects funded with PFCs, CFCs, federal grants and other forms of financial assistance.
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Related to Renewal and Replacement Costs

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Public improvement costs means the costs of:

  • Common Area Operating Expenses are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Industrial Center, including, but not limited to, the following:

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Operation and Maintenance Expenses or ‘O&M expenses' means the expenditure incurred on operation and maintenance of the project, or part thereof, and includes the expenditure on manpower, repairs, spares, consumables, insurance and overheads;

  • Additional Rental has the meaning set forth in Section 4.03.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;