Unrecovered Costs definition

Unrecovered Costs means any reasonable unamortized hardware, software or other costs and charges that are allocated to such Service (such allocation made in accordance with this Agreement, including Section 1.10), as of the date of Termination or Service Termination, as applicable (including any prepaid hardware and software maintenance fees and unamortized license or leasing payments).

Unrecovered Costs means the costs incurred by the Supplier in the performance of the Agreement, to the extent that those costs would have been recovered through the Charges had the Agreement not terminated before the expiry. Where the Buyer pays in advance or have prepaid for any Services prior to the Services being performed, the Unrecovered Costs shall be those costs that the Supplier have spent and/or incurred in anticipation of performing those Services.

Unrecovered Costs means the costs incurred by the Prime Contractor in the performance of the Contract and detailed in the Base Case Financial Model from time to time, to the extent that the same remain to be recovered through the Fees at the rate at which they fall to be amortised as detailed in the Base Case Financial Model. Such costs will exclude internal costs of financing, working capital or overheads associated with these costs "VAT" means value added tax in accordance with the provisions of the Value Added Tax Xxx 0000 "Working Day" means any day other than a Saturday or Sunday or public holiday in England and Wales The interpretation and construction of the Contract shall be subject to the following provisions:- words importing the singular meaning include where the context so admits the plural meaning and vice versa; words importing the masculine include the feminine and the neuter; reference to a clause is a reference to the whole of that clause unless stated otherwise; references to any statute, enactment, order, regulation or other similar instrument shall be construed as a reference to the statute, enactment, order, regulation or instrument as amended by any subsequent enactment, modification, order, regulation or instrument as subsequently amended or re-enacted; references to any person shall include natural persons and partnerships, firms and other incorporated bodies and all other legal persons of whatever kind and however constituted and their successors and permitted assigns or transferees; the words "include", "includes" and "including" are to be construed as if they were immediately followed by the words "without limitation"; headings are included in the Contract for ease of reference only and shall not affect the interpretation or construction of the Contract; and in the event and to the extent only of any conflict between the clauses and the remainder of the appendices, the clauses shall prevail over the remainder of the appendices.

Examples of Unrecovered Costs in a sentence

• The Exhibiting Suppliers shall be jointly and severally liable for all Unrecovered Costs and shall reimburse Conference Management for such Unrecovered Costs upon demand.

• To the extent that any Unrecovered Costs are incurred by Service Provider over the remaining Term for such Services (rather than at or about the time of termination), but paid by Service Recipient prior to such time actually incurred by Service Provider, Service Recipient shall pay to Service Provider the net present value of such costs, at a mutually agreed to discount rate.

• To the extent that any Unrecovered Costs are incurred by Service Provider over the remaining Service Term for such Services (rather than at or about the time of the Termination or a Service Termination, as the case may be), but paid by Service Recipient prior to such time actually incurred by Service Provider, Service Recipient shall pay to Service Provider the net present value of such costs, at a mutually agreed to discount rate.

• The Service Provider shall use commercially reasonable efforts to (i) utilize resources and otherwise provide the Services in a cost-effective manner and to otherwise minimize expenses, and (ii) minimize any Transition Costs and Unrecovered Costs.

• If this Agreement is terminated as contemplated above, Event Management will in good faith, seek recovery from Event Management’s insurers for any costs and expenses incurred by Event Management in connection with the Event, with any such costs and expenses not recovered from Event Management’s insurers being referred to as “Unrecovered Costs.” The Exhibitors, shall be jointly and severally liable for all Unrecovered Costs and shall reimburse Event Management for such Unrecovered Costs upon demand.

More Definitions of Unrecovered Costs

Unrecovered Costs means the sum of: (i) all Interconnection Costs that were previously incurred by City or committed to by contract or required by law, and which have not been previously paid by Customer; and (ii) any penalties, fees, or liabilities City may be required to pay to any third party as a result of termination of this ESA.

Unrecovered Costs the Supplier's overheads to the extent that they remain to be recovered through the Charges;

Unrecovered Costs the Costs incurred by the Supplier in the performance of this Agreement (as summarised in the Financial Model) to the extent that the same remain at the Termination Date to be recovered through Charges that but for the termination of this Agreement would have been payable by the Authority after the Termination Date in accordance with Schedule 7 (Charges and Invoicing) as such Costs and Charges are forecast in the Financial Model;

Unrecovered Costs are defined as the excess, if any, of Tenant’s cumulative cash expenditures (including Rent pursuant to the terms and conditions of this Lease and excluding Tenant’s interest expense) over the cumulative gross receipts generated by the Leased Property.

Unrecovered Costs has the meaning set forth in Section 2.3.

Unrecovered Costs means any reasonable costs and charges incurred by the Service Provider primarily relating to the termination of Service as of the termination date of this Agreement, any Services Agreement or of such individual Service, as applicable. Other capitalized terms have the meaning set forth elsewhere in this Agreement. Any capitalized terms used but not defined in this Agreement have the meaning given to them in the Separation Agreement.

Unrecovered Costs means the costs incurred by the Prime Contractor in the performance of the Provision(s) being terminated pursuant to Clause 21.3 or the part(s) of the Provision(s) being terminated pursuant to clause 21.5 (partial cessation for convenience) presenting the Prime Contractor’s margin, to the extent that the same remain to be recovered through the Charges at the rate at which they fall to be amortised. Clause 7 shall not apply to this clause 8.5.3. Proposal for revising clause 8.5.5: ii) 8.5.5 (A) Save as otherwise expressly provided in the Contract:- (a) termination or expiry of the Contract shall be without prejudice to any rights, remedies or obligations accrued under the Contract prior to termination or expiration and nothing in the Contract shall prejudice the right of either Party to recover any amount outstanding at such termination or expiry; and (b) termination of the Contract shall not affect the continuing rights, remedies or obligations of the Contracting Body or the Prime Contractor under Clauses