Sunk Costs definition

Sunk Costs means all Acquisition Costs and all geological and geophysical costs directly associated with a Prospect underlying the Lease, together with all data, data acquisition and processing costs directly related to such Prospect.

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Sunk Costs means pro-rated amounts for any work actually performed by Cardica under the Development Plan up to the effective date of termination and supported by documentation provided by Cardica to C▇▇▇, including [*] overhead for such work and all expenditures for such work and non-cancelable commitments that are consistent with the original budget and milestones set forth in the Development Plan and incurred by Cardica in performing the Development Plan prior to Cardica’s receipt or refusal of C▇▇▇’▇ notice of termination.

Sunk Costs shall be defined as those costs expended and incurred that are directly related to the acquiring of the subject Convention and Permit H. These "sunk costs" shall be paid no later than thirty days after submitted to Trinity. "Sunk costs" due and owing to Carlton and Oriental shall be paid by Trinity directly to the owed party. "Sunk cost" shall be considered "deemed" for the purpose of this Letter Agreement following submittal and verification to the satisfaction of Trinity.

Examples of Sunk Costs in a sentence

• It is acknowledged that the Participants have paid their respective Cost Shares of Sunk Costs in accordance with the Original Agreements and to the extent that Sunk Costs were enumerated on the Exhibit “C” attached to the Original Agreements.

• Failure to timely remit such payments to Ridgelake shall result in the immediate termination of this Agreement as to such Participant, and such Participant shall forfeit any and all Sunk Costs and Lease Expenses previously paid to Ridgelake.

• The combined total of costs incurred by both Parties shall be defined as "Total Sunk Costs".

• AHP shall release the Withheld Funds only after the Sponsor provides documentation that adequately, as determined by DHCS, verifies that the Sponsor has expended its Match Funds or that the value of its in-kind contribution and/or Sunk Costs has been reviewed and approved by AHP or DHCS.

• In the event that C▇▇▇ terminates this Agreement for breach by Cardica based on Cardica’s failure to meet any of the milestones set forth in Section 5.2 above, then Cardica will return to C▇▇▇ the signing fee paid by C▇▇▇ under Section 5.1 of this Agreement and any milestone payment made by C▇▇▇ under Section 5.2 of this Agreement, minus any Sunk Costs.

More Definitions of Sunk Costs

Sunk Costs has the meaning set forth in Section 3.05.

Sunk Costs means the contributions made by a Participant on or after 14 November 2002 and in accordance with this Agreement or any Joint Operating Agreement (including, but not limited to, contributions made on behalf of MEPS) towards the cost and expenses incurred in relation to Joint Operations on any SGC Interest in which Avenue or its Affiliate holds an interest (or has an interest held on its behalf by AME) acquired pursuant to this Agreement, and includes (without limiting the generality of the foregoing):

Sunk Costs means the costs incurred by Hydrex and Hydrex Licensees in connection with developing, manufacturing, constructing, assembling, fabricating, mobilizing and placing into service each ORU, including but not limited to the costs of constructing facilities and acquiring equipment and materials necessary, in Hydrex’s judgment, for the production of ORUs, the costs of maintaining such facilities and equipment, permit and license fees and other governmental charges related to the construction and operation of such facilities and property taxes. Sunk Costs will not exceed three million dollars ($3,000,000) per ORU unless Hydrex can reasonably document that the actual Sunk Costs for such ORU are higher.

Sunk Costs the words "one hundred and fifty percent (150%) of".

Sunk Costs means the contributions made by a Party on or after 14 November 2002 and in accordance with this Agreement, the Farmin and Participation Agreement or any other Joint Operating Agreement entered into pursuant to the Farmin and Participation Agreement (including, but not limited to, contributions made on behalf of the holder(s) of the Carried Interest) towards the cost and expenses incurred in relation to joint operations on any Exploration Licence or Production Lease in which AVENUE or its Affiliate holds an interest (or has an interest held on its behalf by AME) acquired pursuant to the Farmin and Participation Agreement, and includes (without limiting the generality of the foregoing):

Sunk Costs means, in relation to an SGC Interest, the contributions made by a Participant on or after the date of this Agreement and in accordance with this Agreement or the applicable Joint Operating Agreement towards the Joint Operating Expenses incurred in relation to that SGC Interest or other expenses charged to the joint account of the Participants in that SGC Interest (including Withholding Tax), provided that:

Sunk Costs means as to any Future HOC IP: (x) all costs and expenses paid to third parties incurred to obtain or acquire patents, trademarks or copyrights on or file patent, trademarks or copyright applications with respect to any intellectual property that constitutes the relevant Future HOC IP and (y) all other costs and expenses (including normal operating overhead reasonably allocable to the Future HOC IP) that were incurred to research and develop the applicable Future HOC IP.