Added Costs definition
Examples of Added Costs in a sentence
Attached hereto marked Exhibit “A” is a development budget (as amended, the “Development Budget” and which includes any Added Costs) and a project schedule (as amended, the “Project Schedule”) for the Project.
The Development Budget and/or Project Schedule, as applicable, will be revised to reflect Added Costs, if any, resulting from change orders which are Approved by Owner.
The term "Value Added Costs" means the expenses and costs actually incurred in upgrading the Oil Products for sale, including, refining, cracking, distillation, or by mixing or combining the Oil Products, or any of them, with reagents or other materials, minerals, chemicals, compounds, hydrocarbons or other substances of any kind or nature to achieve the products or goods which are then sold by Lessee, including maintenance and repairs to equipment and depreciation.
Seller has provided, and shall provide, Buyer prompt notice of all Added Costs and changes to Added Costs after they are agreed to by Seller and its vendors, after which notice Buyer may as soon as reasonably practicable revise its forecasts for HTS Products for which Seller has not yet entered a purchase order into its purchase order system and that are affected by the noticed Added Costs or changes thereto.
Landlord and Tenant shall mutually agree upon a third-party consultant or neutral third-party arbitrator who, prior to the end of the Term, will provide the parties with an estimate of the Added Costs, based on a commercially reasonable method of remediation (based on the costs associated with the prospective demolition of the structure at the end of the Term) and an industry-standard contingency amount.
Buyer shall pay its share of all Added Costs; regardless of when they are incurred.
Cost reductions could find their origin in: • Non-value Added Costs (e.g. Freight, Duty); • Process Design (value engineering); and • Equipment (lower cost for the same or substantially the same equipment).
Added Costs to Agriculture and Industry* Not Impaired None + PAHs are the basis for a human contact advisory in the Black River Ohio Area of Concern and PCBs are the basis for a human contact advisory in the Ottawa River (Maumee Area of Concern).
Upon payment of such estimated Added Costs, Lessee shall be released from future liability to Lessor with respect to such Remaining Substances, including for additional Added Costs beyond the estimate, but not from liability for claims by third parties arising out of the presence of the Remaining Substances in the Improvements prior to the end of the Term, or for subsequently detected Hazardous Substances due to Lessee Environmental Activity.
For purposes of this Agreement, the term "Production Royalty on Net Returns" ("Net Returns Royalty") means an amount equal to 10% of the Market Value of Minerals sold by Lessee, less the following, to the extent and only to the extent that they are incurred by Lessee prior to sale by Lessee of the Oil Products: Operating Costs, Transportation Costs, Processing Costs, Value Added Costs and Extraction Taxes (collectively referred to herein as "Costs and Taxes").