Substitution Costs definition
Examples of Substitution Costs in a sentence
The Substitution Costs shall include, without limitation, airfare, meal expenses, travel costs to and from the Company’s offices, and all other reasonable expenses.
The Substitution Costs shall without limitation include airfares and other travel costs to and from Contractor’s offices together with subsistence and all other reasonable expenses.
The MTA shall determine the financial impact of such substitute on the amounts payable to the SI, and such impact shall be based on (i) the savings that the MTA will receive based on its costs for procuring the Substitute License, less (ii) any early termination fees that are expressly included in the Current License and that would be incurred by the SI if the MTA were to provide the Substitute License (the "Current License Substitution Costs").
The Substitution Costs shall without limitation include airfares and other travel costs to and from the Company’s offices together with subsistence and all other reasonable expenses.
The Current License Substitution Costs shall result in a credit to the MTA or the SI based on whether the fees incurred by the MTA to secure the Substitute License are less than any early termination fees that are expressly included in the Current License and that are incurred by the SI if the MTA were to provide the Substitute License.
The payment or credit of Current License Substitution Costs or Substitution Costs shall be memorialized by the MTA and the SI in the form of a Change Order.
Other than the Substitution Costs, the MTA shall have no payment or other obligations to the SI for the COTS Software or Open Source Software that was replaced by a Substitute License.
The MTA shall include in the Substitute License Option Notice its determination of the financial impact of the Substitute License on amounts payable to the SI, and such impact shall be based on the difference between (1) the fees to be incurred by the SI for its provision of the applicable COTS Software or Open Source Software, and (2) the fees incurred by the MTA to procure the Substitute License (the "Substitution Costs").
The SI acknowledges that (i) such memorialization is solely for the MTA's administrative purposes, and (ii) none of the rights, remedies or obligations associated with Change Orders, including those set out in Section 32 (Changes in Work; Change Orders), shall apply to Change Orders for Current License Substitution Costs or Substitution Costs.
The Substitution Costs shall include, without limitation, airfare, meal expenses, travel costs to and from the OEG’s offices, and all other reasonable expenses.