Replacement Cost definition

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.
Replacement Cost means the estimated replacement cost of the Improvements, Fixtures, and Personalty (or, when used in reference to a property that is not the Mortgaged Property, all improvements, fixtures, and personalty located on such property), excluding any deduction for depreciation, all as determined annually by Borrower using customary methodology and sources of information acceptable to Lender in Lender’s Discretion. Replacement Cost will not include the cost to reconstruct foundations or site improvements, such as driveways, parking lots, sidewalks, and landscaping.
Replacement Cost means replacement of assets with an amount sufficient to cover full cost of lost assets and related transaction costs. The cost is to be based on Market rate (commercial rate) according to the legislation of the Republic of Tajikistan. In terms of land, this may be categorized as follows; (a) “Replacement cost for agricultural land” means the pre-project or pre-displacement, whichever is higher, market value of land of equal productive potential or use located in the vicinity of the affected land, plus the costs of: (b) preparing the land to levels similar to those of the affected land; and (c) any registration and transfer taxes.

Examples of Replacement Cost in a sentence

  • The Estimated Replacement Cost includes both the material cost of the asset and the installation of that asset.

  • Equipment damaged beyond repair will be paid for at its Replacement Cost when rented.

  • Repair / Replacement Cost* Chromebook Model Replacement Cost Screen Replacement AC Adaptor Replacement Key Replacement Asus C202 $216 $65 $15 $5/key Asus C204 $216 $65 $15 $5/key Asus C214 $349 $100 $15 $5/key Dell 3100 $260 $100 (touch)/ $65 (non-touch) $15 $5/key HP X360 $306 $130 (touch) $15 $5/key *Prices are subject to change based on manufacturer and fair market value.

  • Each asset receives an Estimated Replacement Cost, presented in dollars.

  • Age of Device Depreciated Replacement Cost 1st Year 100% of Purchase Cost 2nd Year 75% of Purchase Cost 3rd Year 50% of Purchase Cost 4th Year 25% of Purchase Cost PLD Accessories • The family will be responsible for replacing a lost or damaged charger or keyboard with one that meets the specifications of the PLD.


More Definitions of Replacement Cost

Replacement Cost means the amount of money necessary to be spent in order to repair or rebuild the damaged area to the condition that existed immediately prior to the damage occurring, excluding all improvements made by lessees.
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 building codes, ordinances or laws, and without deduction for depreciation.
Replacement Cost means the cost, at the time of loss, of repairs or replacement (whichever is lower), with new property of similar kind and quality and usefulness, without deduction for depreciation.
Replacement Cost means the amount of money necessary to be spent in order to repair or rebuild the damaged area to the condition that existed immediately prior to the damage occurring excluding all improvements made by lessees.
Replacement Cost means the amount of money necessary to be spent in order to repair or rebuild the damaged area to the condition that existed immediately prior to the damage occurring, excluding all improvements made by lessees, other than those installed by Lessor at Lessee's expense.
Replacement Cost means replacement of assets with an amount sufficient to cover full replacement cost of lost assets and related transaction costs. In terms of land, this may be categorized as follows;
Replacement Cost means the cost of replacing, repairing, constructing or re-constructing (whichever is the least) the property, and in the case of "Building(s)", on the same site with new property of like kind and quality and for like occupancy without deduction for depreciation; and