Repair Cost definition

Repair Cost means the parts and labor expense necessary to repair or replace any Covered Component that is the result of a covered Mechanical Breakdown, subject to the exclusions set forth herein. We may use or supply replacement components of a like kind and quality that may be new, OEM, exchanged, rebuilt, remanufactured, or used. Parts pricing shall not exceed Your Vehicle manufacturer’s suggested retail price or the suggested retail price of a like kind and quality part, whichever is authorized by Us. Labor will be determined by a current nationally recognized flat rate labor guide. Repair Cost includes the required taxes associated with the covered Mechanical Breakdown according to state specific laws. Authorized replacement components must have a parts and labor warranty no less than 12 months or 12,000 miles.

Repair Cost means the County’s direct costs and out of pocket expenses for any Repairs. "Standard Pricing" means the rates used to compute the License Fee, as set forth in Schedule 2. "Strand" means a single optical fiber of the County Network.

Repair Cost means the cost to repair or replace damaged building structures with readily available construction materials or methods that are functionally equivalent to and less costly than obsolete, antique or custom construction materials or methods.

Examples of Repair Cost in a sentence

• Owner’s Repair Cost Obligation for the current Contract Year is ${ }.

• Owner’s Repair Cost Obligation for the current Contract Year is $ .

• Lender shall not disburse any amounts which would cause the funds remaining in the Repairs Escrow Account after any disbursement (other than with respect to the final disbursement) to be less than the Maximum Repair Cost of the then-current estimated cost of completing all remaining Repairs.

• Charge of 9% (7% in Beach Area) is added to basic premium.• Forms 4 & 6: Replacement Cost (HO-290); Charge of 30% is added to basic premium.• Form 3: Replacement or Repair Cost Coverage A (HO-500); No charge.• Forms 4 & 6: $100 deductible; Minimum additional charge of $10 in lieu of $30.• Forms 2 & 3: Fixed deductible; $500 ded.

• An example of indirect, allowable Maintenance and Repair Cost is the Cost of utilities related to a building used by personnel associated with the Provider’s general administration, such as its headquarters or administrative office.

More Definitions of Repair Cost

Repair Cost means the cost of both parts costs and labour (including VAT where appropriate) necessitated in rectifying the Accidental Damage, Fire Damage, Flood Damage, Liquid Damage, or Malicious Damage.

Repair Cost means an estimate of the actual cost to repair the damage attributable to such damage or destruction and obtained by Seller, and agreed to in writing by Tenant, within thirty (30) days following the event of damage or destruction from a reputable, licensed independent contractor selected by Seller and licensed to do business in the State in which the Property is located.

Repair Cost means the customary parts and labor costs required to complete any Covered Repair under this Limited Warranty. Labor times will be verified by the standard versions of nationally recognized labor guides, such as Mitchell or ALLDATA®. Labor rates may not exceed one hundred ($100.00) per hour and replacement parts may not exceed manufacturer’s suggested retail price and may be of like kind and quality. This may include the use of new, remanufactured or used parts as determined by the Administrator.

Repair Cost has the meaning set forth in Section 11.2 hereof.

Repair Cost means the cost of any repair or replacement needed to ensure that following any incident of damage the Prison is returned to the standard required in accordance with this Contract;

Repair Cost means the parts and labor expense necessary to repair or replace any Covered Component that is the result of a covered Mechanical Breakdown, except as specifically set forth herein. We may use replacement components of a like kind and quality that may be rebuilt, remanufactured, or used. Parts pricing will be determined by the lesser of Your Vehicle manufacturer’s suggested retail price or the suggested retail price of a like kind and quality part, whichever is authorized by Us. Labor will be determined by a current nationally recognized flat rate labor guide. Repair Cost includes the required taxes associated with the covered Mechanical Breakdown, and excludes shop supplies and environmental disposal charges.

Repair Cost means the cost of both Repair materials and labour (including VAT where appropriate) necessitated in rectifying the Breakdown, in line with published repair times.