Emergency Costs definition

Emergency Costs means Defence Costs, Investigation Costs or Regulatory Crisis Event Costs exceeding any applicable Retention:
Emergency Costs means all costs and expenses required to (a) correct a condition that if not corrected would endanger imminently the preservation or safety of the Hotel or the safety of tenants, guests or other persons lawfully on or using the Hotel, (b) avoid the imminent suspension of any necessary service in or to the Hotel, (c) prevent any of the Members or their Affiliates from being subjected imminently to criminal or substantial civil penalties or damages resulting from the failure of the Hotel, the Company or any of its Subsidiaries to comply with applicable law, or (d) to avoid a material breach of the Hotel Management Agreement for failure to meet “first-class hotel standards” (as defined in the Hotel Management Agreement) or a material breach of any other agreement to which the Company or any of its Subsidiaries is a party.
Emergency Costs means costs and expenses which are (or are to be) incurred in the reasonable belief that such expenditures are required to (i) correct a condition that if not corrected would endanger imminently the preservation or safety of an Archstone Residual Asset or asset of an Outside Partnership, (ii) avoid the imminent suspension of any necessary service in or to such Archstone Residual Asset or asset of an Outside Partnership, or (iii) prevent the Company, any Subsidiary Entity, any of the Members or Parents or any of their respective agents, officers, employees or representatives from being subjected imminently to criminal or substantial civil penalties in connection with an Archstone Residual Asset or an asset of an Outside Partnership.

Examples of Emergency Costs in a sentence

  • Emergency Costs Under this Section the definition of Loss is extended to include reasonable costs or expenses necessarily incurred by an Insured Person to investigate, defend or settle any Claim including costs of appealing or setting aside an adverse judgment where it was not possible or reasonably practicable to obtain the prior written agreement of the Insurer for those costs or expenses.

  • Emergency Costs and ExpensesIf, having used reasonable efforts, the Company is unable to obtain RSA’s prior written consent to the Company incurring Defence Costs the subject of II.

  • Emergency Costs – we will reimburse the company up to 10% of the limit of liability for defence costs exceeding the agreed retention.

  • A signed permission form(supplied in the application packet) allowing the Buntain School of Nursing and any clinical site to order a criminal background check, for example, Washington State Patrol Criminal Background Check.

  • Based on those measures, the cumulative accounting balance of the Special Account for RES & CHP in Greece was gradually eliminated to reach a surplus of € 84 million as at 31.12.2019, or € 14 million excluding the Special Security Reserve for Emergency Costs, which amounts to € 70 million (Monthly Bulletin of Special Account of RES & CHP, RESGOOP, January 2020).


More Definitions of Emergency Costs

Emergency Costs means costs and expenses required to (i) correct a condition that, if not corrected, would endanger imminently the preservation or safety of either of the Commercial Properties or any part thereof or the safety of the tenants or other Persons at or using such Commercial Property, (ii) avoid the imminent suspension of any necessary service in or to either of the Commercial Properties, or (iii) prevent the Borrower or the Headlessee from being subjected imminently to criminal or substantial civil penalties or damages relating to either of the Commercial Properties or any part thereof;
Emergency Costs shall have the meaning set forth in Section 13.1(f)(iii).
Emergency Costs means costs and expenses which are (or are to be) incurred in the reasonable belief that such expenditures are required to (i) correct a condition that if not corrected would endanger imminently the preservation or safety of an Archstone Residual Asset, (ii) avoid the imminent suspension of any necessary service in or to such Archstone Residual Asset, or (iii) prevent the Company, any Subsidiary Entity, any of the Members or Parents or any of their respective agents, officers, employees or representatives from being subjected imminently to criminal or substantial civil penalties in connection with an Archstone Residual Asset.
Emergency Costs. Costs and expenses required to (a) correct a condition that if not corrected would endanger imminently the preservation or safety of the Property or the safety of tenants, guests or other persons lawfully on or using the Property, (b) avoid the imminent suspension of any necessary service in or to the Property, or (c) prevent any of the Partners from being subjected imminently to criminal or substantial civil penalties or damages.
Emergency Costs means any costs and expenses that the Chief Executive Officer or Chief Operating Officer (or, in the absence of a Chief Executive Officer and Chief Operating Officer, the Board) believes are reasonably necessary to be expended by any Company Entity in order to mitigate or remedy any Emergency, including any Liabilities resulting from such Emergency.
Emergency Costs shall have the meaning set forth in Section 5.3(e).
Emergency Costs means costs and expenses exceeding any applicable Retention: