Capped Costs definition
Examples of Capped Costs in a sentence
Capped Costs shall be incurred by the Parties according to the Annual Collaboration Plan.
As between Sandoz and BCWI, (a) BCWI shall bear responsibility for all Development Costs to the extent such Development Costs are part of Capped Costs and for FTE costs for the first fifteen (15) FTEs in accordance with Section 4.2; (b) Sandoz shall bear responsibility for all payments under Sections 4.3, 4.4, 4.5, 4.6, 4.7 and 4.8, unless Sandoz otherwise makes arrangements with BCWI for any such payments; and (c) the Sandoz Parties shall bear responsibility for all payments under Section 4.10.
Within thirty (30) days after the end of each Quarter during this Agreement, the Sandoz Parties shall provide to Momenta a written report documenting any Capped Costs incurred by the Sandoz Parties during such just-ended Quarter.
The New Shoreham Teachers’ Association and the New Shoreham School Committee endorse the underlying concepts of the Fair Employment, Affirmative Action and Equal Opportunity acts as well as all allied Civil Rights Legislation.
The Fixed Toll shall be increased or decreased by $0.07 per barrel for every one hundred million dollar ($100,000,000), or portion thereof, change in Costs and Expenses, as distance adjusted for destinations other than Burnaby, provided that in no event shall the Fixed Toll include any amount in respect of Capped Costs in excess of the Capped Costs Toll Limit (as such terms are defined in the Facility Support Agreement).
The Commencement Date Toll shall be determined as the amount of the Revised Toll plus or minus: $0.07 per barrel for every additional one hundred million dollar ($100,000,000) increase or decrease, respectively, in the Commencement Date Cost Estimate from the CPCN Cost Estimate, provided that in no event shall the Fixed Toll include any amount in respect of Capped Costs in excess of the Capped Costs Toll Limit.
The Increment is determined by identifying the “CPI-U Limit for Capped Costs per Transaction” for the applicable budget period, assuming the Portal Agency has the same number of Participating Cities as the prior budget period and the Capped Costs from the previous period are inflated by the CPI-U Limit.
An increase in Capped Costs greater than the maximum amount allowed per calculation of the New Participant Capped Cost Increment, as further described in Exhibit D.
The Capped Cost per Transaction is then multiplied by the number of Transactions attributable to new Participating Cities joining the Portal Agency in the budget period, and the resulting total is the maximum amount by which the Capped Costs in the new budget period may be increased over and above the Status Quo Capped Cost without requiring unanimous consent.
On the Final Scheduled Remittance Date, the Deal Agent shall make a demand under the Policy in accordance with its terms for payment of any unpaid Interest, Program Fees, Facility Fees not to exceed the Facility Fee Cap, Capped Costs and Net Investment.