Capital Replacement Costs definition

Capital Replacement Costs means all costs reasonably and necessarily related to the planning, engineering and construction of Capital Replacement and shall include debt service costs, if any, incurred as a direct result of the Capital Replacement. Capital Replacement does not include Capital Improvement Costs.
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Capital Replacement Costs means the costs associated with the replacement of a property’s major components such as structural components, mechanical systems and electrical systems.
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Capital Replacement Costs means those costs incurred or to be incurred pursuant to the substantial repair or replacement of the Shared Areas and to be included within the Operating Budget including, without restriction, those amounts to be paid by the Parties pursuant to carrying out the Capital Replacement Plan;
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Examples of Capital Replacement Costs in a sentence

  • OF FORM RW CRC/1– CERTIFICATION OF EMPLOYER’S REPRESENTATIVECertification by Employer’s Representative in respect of an Application by a Group Water Scheme for Approval of a Grant towards the Capital Replacement Costs of Design/Build/Operate (DBO) Group Water Schemes.

  • FORM RW CRC/2 Grants towards the Capital Replacement Costs of Design/Build/Operate (DBO) Group Water Schemes APPLICATION BY (NAME OF GROUP WATER SCHEME) TO COUNTY COUNCIL FOR PAYMENT OF APPROVED GRANT FORM RW CRC/2 EXPLANATORY NOTES: ▪ Part I of this form should be completed by the Group Water Scheme.▪ Part II of this form should be completed by the Employer’s Representative.▪ The Explanatory Memorandum for the grant scheme should be read before completion.

  • Comparison of the Rule’s Capital Costs to Annual Dental Office Capital Replacement Costs EPA also compared the initial spending on capital costs of compliance associated withthis rule to the estimated capital replacement costs for a dental office business ( e.g., computer systems, chairs, x-ray machines, etc.) across all chair sizes.

  • We the Officers of Group Water Scheme hereby apply to (name of local authority) for payment of the Grant Assistance of € approved by the authority on(date) towards the Capital Replacement Costs ofGroup Water Scheme in respect of the DBO Contract with (name of DBO contractor).

  • Prior to making a Capital Replacement or Capital Improvement, the Park Owner may file an application with the City Manager for approval of a temporary Rent Increase to reimburse Capital Improvement Costs or Capital Replacement Costs.

  • Prior to making a Capital Replacement or Capital Improvement, the Park Owner may file an application with the Rent Review Officer for approval of a temporary Rent Increase to reimburse Capital Improvement Costs or Capital Replacement Costs.

  • Capital Replacement Costs: Theory and Canadian Evidence,” Contemporary Accounting Research (Fall 1988) pp.

  • Capital Replacement Costs are occasional costs typically associated with replacing aging or non-functional equipment and repairing or renovating parts of the building over time.

  • This is based on EPA’s assessment (see Ratio of Proposed Rule Capital Costs to Total Dental Office Capital Replacement Costs, below) that 1–2 chair offices would incur pre-rule capital replacement costs of approximately $23,500 per year.

  • Including capital costs in the FY 2012 data would have distorted the data and made meaningful comparisons between agencies problematic at best.Appendix F: 5-Year Transit Capital Replacement Costs by Provider 2014-2018 is a summary of MaineDOT’s five-year capital replacement plan 2014-2018 which is based on vehicle replacement needs and estimated costs prepared by each of Maine’s publicly funded transit providers.

Related to Capital Replacement Costs

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • 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.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”). Capital Grant

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general federal income tax principles and in accordance with Section 1.103-8(a)(1) of the Regulations, provided, however, that only such portion of the interest accrued during rehabilitation or construction of the Project (in the case of rehabilitation, with respect to vacated units only) shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the acquisition and construction or rehabilitation of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed or rehabilitated by a Borrower Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out of pocket costs incurred by such affiliate in constructing or rehabilitating the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an “affiliated group” (within the meaning of Section 1504 of the Code) participating in the rehabilitation or construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion thereof); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to June 14, 2016, being the date on which the Governmental Lender first declared its “official intent” to reimburse costs paid with respect to the Project (within the meaning of Section 1.150-2 of the Regulations) or the date of issue of the Governmental Lender Notes, and

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.