Damage Funding definition

Damage Funding has the meaning given to it in clause 79.7.1 (Programmed Maintenance Costs);
Damage Funding has the meaning given to it in clause 63.14; Decant Protocol the protocol set out in Schedule 23 to this Agreement identifying the obligations and the responsibilities of the parties in relation to the removal of items from the Existing Schools and their relocation to and installation in the Schools; Deemed New Contract an agreement on the same terms and conditions as this Agreement as at the Termination Date, but with the following amendments: (a) if this Agreement is terminated during the Works Period, then the relevant Planned Services Availability Dates shall be extended by such period as would have been granted to allow a New Contractor to achieve completion of the Works at the Schools in question; (b) any accrued Unavailability Deductions, Service Failure Deductions or warning notices for the purposes of clause 41 (Termination of this Agreement) and warning notices related to Persistent Breaches (pursuant to clause 42 and the definition of the same) only shall be cancelled; and (c) the term of such agreement shall be for a period equal to the term from the Termination Date to the Expiry Date; Default Interest any increased margin that is payable to the Senior Lenders or which accrues as a result of any payment due to the Senior Lenders not being made on the date on which it is due; Design Data all drawings, reports, documents, plans, software, formulae, calculations and other data relating to the design, construction, testing or operation of the Schools; Direct Agreement the direct agreement dated on or about the date of this Agreement and made between the Authority, the Contractor and the agent for the Senior Lenders under the Senior Financing Agreements; Direct Losses all damage, losses, liabilities, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on an agent/client, client paying basis), proceedings, demands and charges whether arising under statute, contract or at common law but, to avoid doubt, excluding Indirect Losses; Disclosed Adverse Rights all Adverse Rights that are fully and accurately disclosed in the Title Deeds and any other Adverse Rights (but in respect of any such other Adverse Rights they are only Disclosed Adverse Rights to the extent that they are accurately disclosed in the Title Deeds); Disclosed Data information relating to the Project disclosed to the Contractor and its Shareholders and advisers including: (a) the ITN; (b) the Market Brief issued by the Authority on 1...

Examples of Damage Funding in a sentence

  • At the end of each Academic Year the Contractor shall supply to the Authority an account of any damage and associated Repair Costs and Damage Funding, as well as money spent or saved or to be spent or saved in accordance with the Schedule of Programmed Maintenance.

  • In relation to any Repair Cost which has been funded or partly funded by the Authority or under any Required Insurance (Damage Funding) the Contractor shall take such funding and the timing of such repair or replacement into account in preparing and agreeing with the Authority the Schedule of Programmed Maintenance and any savings shall be offset against any future Estimated Increased Maintenance Costs pursuant to clause 23.4.7 (Schedule of Programmed Maintenance).

  • Furthermore, the Fund will aspire to take forward V20 financing instruments such as the V20 Loss and Damage Funding Program and enhance V20’s abilities to catalyze and mobilize financial resources to address climate change.- The V20JMDF has a window under the mandate of the CVF & V20 Work Program with programmes to manage climate risk for climate action, including:1.

  • Interest Earned • Drain Funds- 1,794.53 • Revolving Maintenance Fund- 39.98 • Debt Service Funds484.17 • Lake Boards 424.54 Total Interest$ - 925.80$ - 925.80 Miscellaneous Revenue • NRCS Storm Damage Funding$ 194,942.63 • Lake Boards – Spring Lake 2012 Tax Collection219,785.84 • Future Maintenance – 433 Agreements10,000.00 • Prepaid Drain Maintenance (13 Drains)52,744.93 • Note Payments80,704.24 • Restitution302.00 • Soil Erosion Permit Escrow 28,000.00 Total Misc.

  • Assessment Claim ContentsThis assessment claim addresses information requirements described in the May 7, 2002 Natural Resource Damage Funding Guidelines developed by the NPFC NRD Claims Division (available on the NPFC website at: http://www.uscg.mil/hq/npfc/NRD/nrd_docs.htm).

  • The V20 window under the fund will support programmes to manage climate risk that include the Loss and Damage Funding Program13, premium subsidies and capital support, guarantees to reduce the cost of capital, distribution channel enhancement and climate-smart insurance, and the Slow Onset Financial Protection Risk Pool (Ahmed 2023a, 2023b).

  • The Loss and Damage Funding Program aims to support communities first in the form of grants that can complement other forms of loss and damage funding.

  • The MD simulations, therefore, will be accurate only if the true deposition conditions are utilized.

  • Loss and Damage Funding in the UN Climate Negotiations: From Dialogue to Reality.

  • This Chapter is based on an OCP blog post titled Piloting New Loss and Damage Funding Arrangements.

Related to Damage Funding

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

  • Project Funding means the funding for the Services;

  • Purchaser Indemnitees has the meaning set forth in Section 7.2.

  • Indemnity Escrow Account means the escrow account established by the Escrow Agent pursuant to the terms of the Escrow Agreement for purposes of holding the Indemnity Escrow Amount.

  • Subsequent Recovery Any amount recovered by a Servicer or the Master Servicer with respect to a Liquidated Mortgage Loan with respect to which a Realized Loss was incurred after the liquidation or disposition of such Mortgage Loan.

  • Damage means actual and/or physical damage to tangible property;

  • Seller Losses shall have the meaning set forth in Section 9.1(b).

  • Subsequent Recoveries As to any Distribution Date, with respect to a Liquidated Mortgage Loan that resulted in a Realized Loss in a prior calendar month, unexpected amounts received by the Master Servicer (net of any related expenses permitted to be reimbursed pursuant to Section 3.08) specifically related to such Liquidated Mortgage Loan.

  • Seller Indemnitees has the meaning set forth in Section 8.03.

  • Buyer Losses has the meaning set forth in Section 10.1(a).

  • Casualty Loss means, with respect to any item of Equipment, the loss, theft, damage beyond repair or governmental condemnation or seizure of such item of Equipment.

  • Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.

  • Purchaser Losses shall have the meaning set forth in Section 9.1(a).

  • Required Repair Fund shall have the meaning set forth in Section 7.1.1 hereof.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Buyer Indemnitees has the meaning set forth in Section 8.02.

  • Indemnity Escrow Amount means $3,000,000.

  • Purchaser Indemnitee As defined in Section 6(a) hereof.

  • Parent Indemnitees has the meaning set forth in Section 8.02.

  • Indemnity Escrow Fund means the Indemnity Escrow Amount deposited with the Escrow Agent, as such sum may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

  • Accidental Damage means physical damage, breakage or failure of Your Covered Equipment due to an unforeseen and unintentional event occurring either due to handling (e.g., dropping the Covered Equipment or through liquid contact) or due to an external event (e.g., extreme environmental or atmospheric conditions). The damage must affect the functionality of Your Covered Equipment, which includes cracks to the display screen that affect the visibility of the display.

  • Seller Indemnitee has the meaning set forth in Section 9.2(b).

  • Indemnification Escrow Amount has the meaning specified in Section 3.6(a).

  • Purchaser Indemnified Parties has the meaning set forth in Section 8.2.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Severe property damage means substantial physical damage to property, damage to the treatment facilities which would cause them to become inoperable, or substantial and permanent loss of natural resources which can reasonably be expected to occur in the absence of a bypass. Severe property damage does not mean economic loss caused by delays in production.