Examples of Cost to Cover in a sentence
Should the State in its sole discretion consent, refund of all amounts paid by the State for the nonconforming Service Deliverable or service and payment to the State of any additional amounts necessary to equal the State’s Cost to Cover.
If an Output Shortfall occurs in any given Contract Year, Seller shall pay PacifiCorp liquidated damages equal to the product of (a) the Output Shortfall for that Contract Year, multiplied by (b) PacifiCorp's Cost to Cover for that Contract Year.
For each month during the Rolling Period where there is a Monthly Output Shortfall, Seller will pay PacifiCorp liquidated damages equal to the product of (a) the Monthly Output Shortfall, multiplied by (b) the Output Shortfall for that Rolling Period divided by the total of all Monthly Output Shortfalls for that Rolling Period, multiplied by (c) PacifiCorp’s Cost to Cover for such month.
In those instances where Contractor has failed to perform as called for by the contract, the Limitation of Liability provided above shall not limit any right to recover the ‘Cost to Cover.’ 'Cost to Cover' means the cost of procuring a machine or machines of equivalent (not greater) capability, function, and performance, less the Contractor's bid price.
Should the State in its sole discretion consent, refund of all amounts paid by the State for the nonconforming service deliverable or service and payment to the State of any additional amounts necessary to equal the State’s Cost to Cover.
Contractor warrants that (i) Deliverables and services furnished hereunder will substantially conform to the requirements of this Contract (including without limitation all descriptions, specifications, and drawings identified in the (ii) should tthe Sttate in its sole discretion consent, refund of all amounts paid by the State for the nonconforming Deliverable or service and payment to the State of any additional amounts necessary to equal the State’s Cost to Cover.
Notwithstanding anything in this Agreement to the contrary, SELLER shall pay, and indemnify and hold BUYER harmless from and against, the Cost to Cover incurred by BUYER in connection with the procurement of Product from other sources.
Should the State in its sole discretion consent, refund of all amounts paid by the State for the nonconforming service deliverable or Service and payment to the State of any additional amounts necessary to equal the State’s Cost to Cover.
If the Output Shortfall is a positive number, then Seller shall pay PacifiCorp liquidated damages (“ Performance Damages”) in respect of such Contract Year equal to the product of (i) the Output Shortfall for such Contract Year, multiplied by (ii) PacifiCorp's Cost to Cover for such Contract Year.
EXAMPLE CALCULATION OF PACIFICORP’S COST TO COVER Note—Determining Liquidated Damages for Output Shortfall would necessitate a full year of Cost to Cover calculations analogous to the above table.