Board costs, definition

Board costs, as used in this clause, means those Board costs that result directly from developing and implementing the VECP, such as any net increases in the cost of testing, operations, maintenance, and logistic support. The term does not include the normal administrative costs of processing the VECP.
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Examples of Board costs, in a sentence

  • Further there shall be no accumulation of or credit for such period such that would increase the Board costs above and beyond those which the Board would have incurred had the employee retired prior to utilizing more than twenty-five (25) gratuity days.

  • Pending the conclusion of such negotiations, the Board shall not be obligated to implement a retirement benefit for which Board costs have increased due to changes in Illinois law.

  • A teacher who retains recall rights pursuant to Article C.20.4 shall be entitled, if otherwise eligible, to maintain participation in all benefits provided in this agreement by paying to the Board costs of all premiums quarterly in advance, subject to the approval of the insurance carrier and provided that the teacher is not otherwise employed.

  • When medical examinations are required by the Board, costs incurred shall be paid by the Board, less any costs covered by an employee’s Board paid benefits.

  • Additional Board costs for IPERS, FICA, Workers' Compensation Insurance, Long Term Disability Insurance, and any other Board costs caused by an increase in salaries shall be included in the additional funds.

  • The Board will continue to distribute the actual amount of teacher salary supplement received minus the Board costs for IPERS and FICA.

  • The violator will be responsible for Board costs incurred for violation remediation.

  • In the event of conflict between the reports of the two physicians, the report of a mutually agreed to third physician, provided at Board costs, will prevail.

  • The Arbitration Board shall include in its award an order as to the payment of the costs of the proceedings and reasonable counsel fees (including all applicable taxes under the relevant tax legislation), and, subject to the discretion of the Arbitration Board, costs will follow success unless, in the opinion of the Arbitration Board, there is a compelling reason to depart from such result.

  • Residential Room and Board costs include room, meals and snacks, and personal care items.

Related to Board costs,

  • Hard Costs means and includes building Acquisition costs, Site Work costs and Construction and Rehab costs, as shown in the Applicant’s properly completed UniApp, Section C, Uses of Funds.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Direct Costs means the sum of the following:

  • Associated Costs means, in respect of each Preference Share, an amount (subject to a minimum of zero) equal to its pro rata share (calculated on the basis of the proportion of the aggregate number of Preference Shares outstanding as at the Early Preference Share Valuation Date) as determined by the Calculation Agent of: