Agreed Cost definition

Agreed Cost means the agreed-upon cost of each Residential Unit Base Plan, including Approved Upgrades, as shown on Exhibit "A" attached hereto and incorporated herein by this reference, and as revised from time to time by Agent in its sole and absolute discretion based upon Borrower's updated cost estimates.
Sample 1
Agreed Cost with respect to any portion of the Pipeline System Interests which is not contiguous or as to which Lessor fails to have Defensible Title to any land in or on which the Pipeline Systems are located, shall mean (i) the lesser of the U.S. Dollar cost per rod (or per acre in the case of tracts outside the pipeline right-of-way) prevailing in the area of such portion of the Pipeline Systems for the acquisition of similar easements, rights-of-way, surface leases, fee parcels or licenses or the actual acquisition cost paid by Lessee for such portion or such land (in each case, plus the reasonable attorney's fees and court costs incurred by Lessee in attempting or threatening to acquire such portion or land by eminent domain or condemnation) or (ii) if such portion or land is actually acquired through eminent domain or condemnation proceedings, then the purchase price or damages paid by Lessee to acquire such portion or land pursuant to such proceedings and, without duplication, the reasonable attorney's fees and court costs incurred by Lessee in such proceedings.
Sample 1
Agreed Cost means the Recurrent Cost Increase, Relevant Cost and/or Capital Cost Increase incurred or to be incurred by the Operator after the date of a Change and forming part of the Appraisal agreed between the Parties or determined pursuant to Clause 83.4.1; Agreed Form means the form of that document approved by the Parties and signed for and on behalf of each Party for the purposes of identification or entered into between the Parties on the Execution Date; Agreement means this Agreement and the Schedule both as amended, varied, novated or supplemented, as the case may be; Annual Services Fee or ASF means in respect of each Contract Year that amount calculated in accordance with paragraph 1 of Section 11 of the Schedule (Payment Mechanism) subject to any Change Adjustment or any other amendment permitted by this Agreement; Anstruther Additional Hours means 49 Saturdays between 8.30am and 2pm, 49 Sundays between 1.30pm and 5pm and 51 Non School Days (other than Saturdays and Sundays) between 6pm and 10pm (the dates of which shall be determined by the Council and notified to the Operator prior to the commencement of each Contract Year) in each Contract Year (prorated as appropriate in the first and last Contract Years);
Sample 1

Examples of Agreed Cost in a sentence

  • The Contractor must fully complete the Project under this Contract on or before the date indicated in the Construction Schedule and Agreed Cost of Delay Section of the Contract Documents.

  • Such Agreed Cost of Delay will be separately invoiced to the Contractor, and final payment will be withheld from the Contractor until payment has been made of this invoice for the agreed cost of delay.

  • Furthermore, the assessment of Agreed Cost of Delay shall not constitute a waiver of the City’s right to collect any additional damages which the City may sustain by failure of the Contractor to carry out the terms of the Contract.

  • The Bidder also agrees it will commence work on or before ten (10) calendar days after the date of City’s Notice to Proceed, and it will complete the work within the specified contract period or pay the Agreed Cost of Delay stipulated in the Contract Documents.

  • The Agreed Cost of Delay rates specified in the Contract Documents is hereby agreed upon as the true and actual damages due the City for loss to the City and to the public due to obstruction of traffic, interference with business, and/or increased costs to the City such as engineering, administration, construction, and inspection after the expiration of the contract times, or extension thereof.

  • The Bidder also agrees it will commence work on or before (10) calendar days after the date of City’s Notice to Proceed, and it will complete the work within the specified contract period or pay the Agreed Cost of Delay stipulated in the Contract Documents.

  • They are also careful with such things with security when it comes to firewalls and logs.

  • Upon the completion of the Contract, and the acceptance of the Project by the City Council, and subject to the requirements of law, the City agrees to pay the Contractor as full compensation for the complete performance of this Contract, the amount determined for the total work completed at the price(s) stated in the Contractor’s Bid Proposal and less any Agreed Cost of Delay provided for in the Contract Documents.

  • The parties may from time to time amend the description of products and Agreed Cost terms contained on Exhibit A, without necessarily reducing the same to a writing signed by both parties.

  • For each sale of a unit of Consignment Product, regardless of the retail sale price, Consignee shall pay Consignor the "Agreed Cost" for such Consignment Product, as set forth in Exhibit A, minus the allowances, deductions and vendor charge-backs agreed between the parties.


More Definitions of Agreed Cost

Agreed Cost means all costs related to the development of the Expressway, operating expenditures, heavy repairs and renewals and the cost of the upgrading works (if any) and taxes. The construction period is expected to be forty eight (48) months, commencing in 2015. The highway is anticipated to be operational and commence tolling operations in 2019.
Sample 1

Related to Agreed Cost

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Project Cost means the costs incurred in connection with the

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of applicable building codes, ordinances or laws, and without deduction for depreciation.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Stranded cost means the amount by which the net cost of an

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Base Cost means base cost as defined in paragraph 1 of the Eighth Schedule;

  • Increased Cost has the meaning specified in Section 3.01.

  • Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;