Restoration Cost definition

Restoration Cost has the meaning set forth in Section 5.06.

Restoration Cost means the amount of money paid to the township by a permittee to achieve the level of restoration according to plates 1 to 13 of Minnesota Public Utilities Commission rules.

Restoration Cost has the meaning ascribed thereto in Section 8.01(a).

Examples of Restoration Cost in a sentence

• If the Restoration Cost is in excess of ten percent (10%) of the Base Purchase Price, Purchaser may, by notice to Seller at any time prior to or within thirty (30) days after the date such Restoration Cost amount is provided to Purchaser elect to either: (i) subject to Seller’s prior written consent, reduce the Base Purchase Price by the Restoration Cost; or (ii) in its sole discretion, terminate this Agreement, in the latter case by providing written notice to Seller.

• Any Net Proceeds remaining after final payment has been made for such work and after Lessee has been reimbursed for any portions it contributed to the Restoration Cost with respect to any Casualty shall be paid to Lessee and with respect to any Condemnation shall be paid to Lessor.

• To the extent Seller or HoldCo or the Subsidiary has made any actual capital expenditures in respect of the Restoration Cost, the amounts of such actual capital expenditures, up to the amount equal to the Restoration Cost by which the Base Purchase Price (as adjusted pursuant to Section 2.04) was reduced in accordance with this Section 5.06, shall be added to the Base Purchase Price (as adjusted pursuant to Section 2.04).

• In the event the Parties agree to an expedited Restoration plan wherein the Refining Entity agrees to fund a portion of the Restoration cost, then neither Party shall have the right to terminate this Agreement pursuant to Section 3(b) above so long as such Restoration is completed with due diligence and dispatch, and the Refining Entity shall pay its portion of the Restoration Cost to the Logistics Entity in advance based on a good faith estimate based on reasonable engineering standards.

• The final Restoration Cost will be the average of the two Restoration Cost estimates that are the closest in amount relative to each other.

More Definitions of Restoration Cost

Restoration Cost means (a) the aggregate cost required to Repair a Casualty Loss and (b) the replacement cost of the Company Asset subject to the Takings Loss.

Restoration Cost means the cost of restoring, repairing or replacing Transferred Assets damaged or destroyed by a Casualty Loss to a condition reasonably comparable to their prior condition, as such cost is mutually agreed in good faith by the Buyer and Seller.

Restoration Cost means (a) in the case of a Casualty Loss, the cost of repairing the affected Company Asset (or replacing with an asset of similar utility) and (b) in the case of a Condemnation, the amount of reduction in the fair market value of the Acquired Companies.

Restoration Cost means the amount of money it will, or did, cost to restore the form and function of the damaged part of covered property by:

Restoration Cost has the meaning set forth in Section 5.16. “Scheduled Employees” has the meaning set forth in Section 3.12(a). “Schedule Update” has the meaning set forth in Section 5.15(b).

Restoration Cost has the meaning set forth in Section 5.06. “Satisfaction Date” has the meaning set forth in Section 5.06. “Section 5.03 Side Letter” has the meaning set forth in Section 5.03(b).

Restoration Cost has the meaning stated in Section 4.4.