Necessary Cost Sample Clauses

The Necessary Cost clause defines which expenses are considered essential and justifiable for the performance of a contract or agreement. It typically outlines the types of costs that can be reimbursed, such as materials, labor, or travel, and may set criteria or require documentation to prove that the costs are directly related to the contracted work. This clause ensures that only legitimate and reasonable expenses are covered, preventing disputes over unnecessary or excessive charges and promoting transparency in financial dealings.
Necessary Cost. Accidental Damage of Chromebook, Adapter, Power Cord, or protective case (1st Instance) A damage report must be made immediately to the District Curriculum/IT office secretary with a description of how the damage occurred. “I don’t know.” is not an acceptable reason and may be cause for the damage to not be covered. The device must be returned to school so that a new or spare device may be issued. With the Protection Plan, no cost for accidental damage. Without the Protection Plan, cost of repair or replacement will be assessed. Accidental Damage (2nd Instance and subsequent instances) More than one (1) occurrence of loss, theft or damage in a school year. A damage report must be made immediately to the District Curriculum/IT office secretary with a description of how the damage occurred. “I don’t know.” is not an acceptable reason and may be cause for the damage to not be covered. The device must be returned to school so that a new device or spare device can be provided. A spare device may not be issued for a 2nd break if the cost of the 1st break (if not covered by insurance) has not been paid for. The student may be required to wait until the original device is returned from service before having use of a Chromebook. Some loss of privileges of using the Chromebook may occur such as the following: -limiting participation in the Chromebook program -may not be permitted to take the device home This may also result in a referral for disciplinary action at Level II. With or without the Protection Plan student or parent pays for repair or replacement cost, whichever is lesser will be assessed. Per current Estimated Repair/Damage Cost Intentional Damage / Abuse Upon notification or administration’s knowledge of an incident of intentional damage or abuse, the device must be returned to the IT Department. Deliberate damage will be referred to the administration. Applicable Board policies and/or school building policies will be followed with regard to appropriate discipline for damage to school property. Up to replacement cost. Loss / Theft Unless person(s) responsible for a theft are identified, the incident will be considered a loss. A report must be made immediately to administration - In the event of theft or non-return, a police report will be filed. Replacement cost
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Necessary Cost. Accidental Damage (1st Instance) A report must be made immediately to administration. The device and case must be returned to the school so that a new or spare device may be issued. $40 or no cost dependent on investigation of cause. Accidental Damage (2nd Instance) A report must be made immediately to administration. The device and case must be returned to the school so that a new or spare device may be issued. However, a spare device may not be issued for a 2nd break. The student may need to wait until the original device is returned from service. $50 Accidental Damage (3rd and additional instances) A report must be made immediately to administration. The device and case must be returned to the school. However, a spare device will not be issued. The student must wait until the original device is returned from service. Some loss of privileges of using the Chromebook may occur. $50 Intentional Damage A report must be made immediately to administration. The device and case must be returned to the school so that a new device may be issued. Deliberate damage will be referred to the Assistant Principal. Any and all appropriate discipline for damage to school property or as otherwise may be appropriate and as set forth in applicable existing or future Board policies or school building policies. High Level Fine - All costs of whatever kind that are associated with replacing or repairing the device. Loss A report must be made immediately to administration. $249 (or a higher amount depending on cost at time of loss) Theft A report must be made immediately to administration and a police report MUST be filed with the Eastchester Police Department. no cost Power cord, extension cable, SIM Card, etc. A report must be made immediately to administration, the Chromebook, power cord, SIM Card, etc. must be returned to the Media Center. $25 each
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Necessary Cost. Accidental Damage of Device, Adapter or Power Cord (1st Instance) A report must be made immediately to the Technology Department or teacher who will be responsible to record the incident. The device must be returned to school so that a new or spare device may be issued. With the Protection Plan, no cost for accidental damage. Without the Protection Plan, cost of replacement will be assessed.
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Necessary Cost. Accidental Damage 1st Instance A report must be made immediately to the Tech Help Desk. The device must be returned to the school so that a new or spare device may be issued. $25 Accidental Damage 2nd Instance A report must be made immediately to the Tech Help Desk. The device must be returned to the school so that a new or spare device may be issued. However, a spare device may not be issued for a 2nd break. The student may need to wait until the original device is returned to service. $40 Accidental Damage 3rd and Additional Instances A report must be made immediately to the Tech Help Desk and administration. The device must be returned to the school. However, a spare device will not be issued. The student must wait until the original is returned for service. Some loss of privileges of using the device may occur. Cost of Repair or Full Replacement Cost (current market) Intentional OR Negligent Damage A report must be made immediately to the Tech Help Desk and administration. The device must be returned to the school so that a new or spare device may be issued. Deliberate damage will be referred to an administrator. Any and all appropriate discipline for damage to school property may be enacted. Cost of Repair or Full Replacement Cost (current market) Lost A report must be made immediately to Tech Help Desk and administration and full replacement cost shall be paid. Replacement Cost * Device Replacement Cost * Power Cord Replacement Cost Theft A report must be made immediately to administration and Tech Help Desk—A police report must be filed. Investigation will take place. No Cost
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Necessary Cost. Accidental Damage of Chromebook, Adapter More than one (1) occurrence of accidental damage per year may be interpreted as neglect/abuse. A report must be made immediately to TTRT, who will be responsible to record the incident. The device must be returned to school so that a spare device may be issued. No cost for accidental damage.
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Necessary Cost. Accidental Damage A report must be made immediately to administration. The device must be returned to the school so that a new or spare device may be issued. 1st time - Cost associated with replacing or repairing the device 2nd time - above +$20 3rd time - above +$50 Intentional Damage A report must be made immediately to administration. The device and case must be returned to the school so that a new device may be issued. Deliberate damage will be referred to the administration for disciplinary action. All costs that are associated with replacing or repairing the device plus $50 Loss A report must be made immediately to the administration. Full cost of device (current market value) Theft A report must be made immediately to administration and a police report MUST be filed with the Escondido Police Department No cost Power cord and/or extension cable A report must be made immediately to administration, Replacement cost (current market cost) ● Students will be responsible for any damage to the Chromebook and must return the computer and accessories to Grace in good working condition. The student/parent will be charged a fee for any needed repairs, not to exceed the replacement cost of the Chromebook. If at any point during the school year there is damage, loss, or theft of a Chromebook the student must contact the administration immediately. ● Any technical issue with the device must be brought to the attention of administration or technology support staff immediately. This includes but is not limited to: Chrome OS (operating system), battery issues, loss of Internet connectivity, failure of apps to launch, etc. ● Any hardware/software repairs that are not due to misuse or damage will be covered without cost, however, any accidental or intentional damage to the device will incur a cost. ● Fees will be imposed in accordance with the fee chart or as the circumstances may warrant at the discretion of Grace and its administrators. ● All reports will be investigated and addressed on a case-by-case basis.
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Related to Necessary Cost

  • Know-How Necessary for the Business The Intellectual Property Rights are all those necessary for the operation of the Company’s businesses as it is currently conducted or contemplated to be conducted. The Company is the owner of all right, title, and interest in and to each of the Intellectual Property Rights, free and clear of all liens, security interests, charges, encumbrances, equities, and other adverse claims, and has the right to use all of the Intellectual Property Rights. To the Company’s knowledge, no employee of the Company has entered into any contract that restricts or limits in any way the scope or type of work in which the employee may be engaged or requires the employee to transfer, assign, or disclose information concerning his work to anyone other than of the Company.

  • Necessary Filings 3 2.2. No Liens.........................................................3 2.3.

  • Existence; Businesses and Properties (a) Do or cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence and (to the extent the concept is applicable in such jurisdiction) good standing under the legal requirements of the jurisdiction of its formation, except as otherwise expressly permitted under Section 6.05, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (b) Qualify and remain qualified as a foreign entity in each jurisdiction in which qualification is necessary in view of its business and operations or the ownership of its properties, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (c) Do or cause to be done all things necessary to obtain, preserve, renew, extend, maintain and keep in full force and effect the rights, privileges, licenses, permits, franchises, authorizations, patents, copyrights, trademarks and trade names material to the conduct of its business, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect; maintain and operate such business in substantially the manner in which it is presently conducted and operated; comply in all material respects with all applicable laws, rules, regulations, decrees and orders of any Governmental Authority, whether now in effect or hereafter enacted, except where the failure do so could not reasonably be expected to have a Material Adverse Effect; and at all times maintain and preserve all property material to the conduct of such business and keep such property in good repair, working order and condition and from time to time make, or cause to be made, all needful and proper repairs, renewals, additions, improvements and replacements thereto necessary in order that the business carried on in connection therewith may be properly conducted at all times, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

  • Occupancy Costs (i) The Assuming Bank agrees to pay to the Receiver, or to appropriate third parties at the direction of the Receiver, during and for the period of any occupancy by it of (x) owned Bank Premises the market rental value, as determined by the appraiser selected in accordance with the definition of Fair Market Value, and all operating costs, and (y) leased Bank Premises, all operating costs with respect thereto and to comply with all relevant terms of applicable leases entered into by the Failed Bank, including without limitation the timely payment of all rent. Operating costs include, without limitation all taxes, fees, charges, utilities, insurance and assessments, to the extent not included in the rental value or rent. If the Assuming Bank elects to purchase any owned Bank Premises in accordance with Section 4.6(a), the amount of any rent paid (and taxes paid to the Receiver which have not been paid to the taxing authority and for which the Assuming Bank assumes liability) by the Assuming Bank with respect thereto shall be applied as an offset against the purchase price thereof. (ii) The Assuming Bank agrees during the period of occupancy by it of owned or leased Bank Premises, to pay to the Receiver rent for the use of all owned or leased Furniture and Equipment and all owned or leased Fixtures located on such Bank Premises for the period of such occupancy. Rent for such property owned by the Failed Bank shall be the market rental value thereof, as determined by the Receiver within sixty (60) days after Bank Closing. Rent for such leased property shall be an amount equal to any and all rent and other amounts which the Receiver incurs or accrues as an obligation or is obligated to pay for such period of occupancy pursuant to all leases and contracts with respect to such property. If the Assuming Bank purchases any owned Furniture and Equipment or owned Fixtures in accordance with Section 4.6(f) or 4.6(h), the amount of any rents paid by the Assuming Bank with respect thereto shall be applied as an offset against the purchase price thereof.

  • PARTICULARS OF SUBJECT PROPERTY TITLE : The strata title for the subject property has not been issued. PARENT TITLE / LOT NO : Geran 336, Lot No.266 TOWN/DISTRICT/STATE : Ceras / Hulu Langat / Selangor Darul Ehsan TENURE : Freehold (Interest in perpetuity) FLOOR AREA : 88.4 square metres (952 square feet) DEVELOPER/VENDOR : KEB Netiizen Sdn Bhd (1026339-K) PROPRIETOR : ▇▇▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇ Her & ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ASSIGNOR : ▇▇▇ ▇▇▇▇ ▇▇▇ ENCUMBRANCES : Assigned to RHB Bank Berhad [196501000373 (6171-M)] The subject property is located within Netizen Residensi, Lebuh Utama ▇▇▇ ▇▇▇▇▇▇▇ Onn, Cheras, Selangor Darul Ehsan. The subject property is a small office home office (SOHO) with two car parking bays identified as Parcel/Unit No.A-36-18, Type A4-L, Storey No.Level 36, Building No.Block A, together with an Accessory Parcel No. Car park bay Nos.4-97 & 4-98 both within Level 4, and bearing postal address at ▇▇▇▇ ▇▇.▇-▇▇-▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ Onn, 43200 Cheras, Selangor Darul Ehsan. The subject property will be sold “as is where is basis” and subject to a reserve price of RM 405,000.00 ( RINGGIT MALAYSIA: FOUR HUNDRED AND FIVE THOUSAND ONLY) subject to the Conditions of Sale and by way of an Assignment from the above Assignee subject to consent being obtained by the successful bidder(“the Purchaser”) from the relevant authorities, if any, including all terms, conditions, stipulation and covenants which were and may be imposed by the relevant authority. All other fees, costs and charges relating to the transfer and assignment of the property shall be borne solely by the successful bidder (“the Purchaser”). Online bidders are further subject to the Terms & Conditions on ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ All intending bidders are required to deposit 10% of the fixed reserve price by bank draft/ cashier’s order only in favour of RHB Bank Berhad prior to the auction sale with the under mentioned Auctioneer and the balance of the purcLhase price is to be settled within ninety (90) days from the date of auction to RHB Bank Berhad via ▇▇▇▇▇▇. Details of payment via ▇▇▇▇▇▇, please liaise with Messrs ▇▇▇▇▇▇▇ ▇▇▇ & ▇▇▇▇. For further particulars, please contact MESSRS ▇▇▇▇▇▇▇ ▇▇▇ & ▇▇▇▇, Solicitors for Assignee herein whose address is at ▇-▇▇-▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇, ▇▇.▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇, 50450 Kuala Lumpur. Tel: ▇▇-▇▇▇▇ ▇▇▇▇ / Fax: ▇▇-▇▇▇▇ ▇▇▇▇ (Ref: 37929/RHB) or under mentioned Auctioneer. Dalam menjalankan ▇▇▇ ▇▇▇ kuasa ▇▇▇▇ diberi kepada Pihak Pemegang Serah ▇▇▇ ▇▇▇ di bawah Perjanjian Kemudahan, Surat Ikatan Penyerahan Hak (Penyerahan Hak Pihak Pertama) ▇▇▇ Surat Kuasa Wakil (Pihak Pertama) kesemunya bertarikh 17hb April 2019di antara Pihak Pemegang Serah ▇▇▇ ▇▇▇ Pihak Penyerah ▇▇▇ ▇▇▇ dalam Perjanjian Jual Beli antara Pihak Penyerah Hak ▇▇▇ ▇▇▇ Netiizen Sdn Bhd bertarikh 01hb April 2019, adalah dengan ini diisytiharkan bahawa Pihak Pemegang ▇▇▇▇▇ ▇▇▇ dengan dibantu oleh ▇▇▇▇▇▇▇▇ yang tersebut di bawah.