Cost Cap definition

Cost Cap shall have the meaning set forth in Section 10.1(g).

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Cost Cap. A Developer’s commitment to contain the capital costs of its proposed Public Policy Transmission Project in accordance with the requirements in Section 31.4.5.1.8. The Cost Cap must be in the form of a hard Cost Cap or a soft Cost Cap as described in Section 31.4.5.1.8.3.

Cost Cap has the meaning set forth in Section 4.3(d)(ii).

Examples of Cost Cap in a sentence

• Seller shall, at its sole expense, but subject to the Compliance Cost Cap, take all actions and execute all documents or instruments necessary to ensure that all WREGIS Certificates associated with all Renewable Energy Credits corresponding to all Delivered Energy are issued and tracked for purposes of satisfying the requirements of the California Renewables Portfolio Standard and transferred in a timely manner to Buyer for Buyer’s sole benefit.

• In the event and to the extent that the Compliance Costs incurred by Seller exceed the Compliance Cost Cap, Buyer shall either reimburse Seller for such Compliance Costs that exceed the Compliance Cost Cap, or excuse Seller from performing the obligations of this Agreement that would otherwise cause it to incur Compliance Costs in excess of the Compliance Cost Cap.

• Promptly following Buyer’s written request, Seller agrees to take all commercially reasonable actions and execute or provide any and all documents, information or instruments with respect to generation by the Project reasonably necessary to permit Buyer to comply with such requirements, if any, subject to the Compliance Cost Cap.

• Within sixty (60) days after the change, amendment, repeal, or enactment of Law after the Execution Date which Seller anticipates will cause it to incur Compliance Costs in excess of the Compliance Cost Cap, Seller shall provide to Buyer Notice with an estimate of the expected annual Compliance Costs caused by such change in Law.

• Subject to the Compliance Cost Cap, Seller shall take all necessary steps including making or supporting timely filings with the CEC to obtain and maintain CEC Certification and Verification throughout the Term.

• Any adjustment shall not alter the maximum level of the Customer Contribution or State Cost Cap.

• Within thirty (30) days of the delivery of such Notice with the estimate, Buyer shall provide Seller Notice of (i) Buyer’s request for Seller to incur the Compliance Costs in excess of the Compliance Cost Cap, (ii) Buyer’s initiation of dispute resolution under Article 12, or (iii) Buyer’s waiver of Seller’s performance of such obligations.

• Costs applicable to the Compliance Cost Cap are only those costs applicable under the definition of “Compliance Costs” and are new costs associated with a change in Law occurring after the Execution Date.

• Within thirty (30) days of the delivery of such Notice with the estimate, Buyer shall provide Seller Notice of (i) Buyer's request for Seller to incur the Compliance Costs in excess of the Compliance Cost Cap, (ii) Buyer's initiation of dispute resolution under Article 12, or (iii) Buyer's waiver of Seller's performance of such obligations.

• Seller shall be relieved from performing the obligations of this Agreement that would otherwise cause it to incur Compliance Costs in excess of the Compliance Cost Cap and which give rise to the payment that is the subject of the above referenced CPUC approval until such time as the CPUC issued its approval of the reimbursement payment in final and non-appealable form.

More Definitions of Cost Cap

Cost Cap means, with respect to calendar year 1996, 105% of the actual Controllable Expenses for calendar year 1995. For each subsequent calendar year, the Cost Cap shall be 105% of the Cost Cap for the immediately preceding calendar year.

Cost Cap. If there are no disputed metrics, the parties will proceed accordingly with Schedule 2-A. If there are disputed metrics, the parties will prepare Schedule 2-B. If Schedule 2-B is not necessary, and

Cost Cap initially means the amount described and computed on Schedule VI hereto, which consists of the capital expenditures required by the Company to open the three T-▇▇▇/Asia Restaurants described on Schedule VI, plus $1,000,000 per T-▇▇▇/Asia Restaurant for pre-opening expenses, plus a cost overrun of twenty percent (20%). The Cost Cap shall be recomputed in the event the parties agree to substitute a new location for one described on Schedule VI, and at such time, the parties shall agree to the new approximate capital expenditures required to open such T-▇▇▇/Asia Restaurant and shall replace Schedule VI with a new schedule reflecting such changes.

Cost Cap shall have the meaning set forth in Section 13.2.

Cost Cap has the meaning set forth in Section 6.13.

Cost Cap means an upper limit on what the Arkansas