Future Costs definition
Examples of Future Costs in a sentence
Application of California-American Water Company (U210W) for Approval of the Monterey Peninsula Water Supply Project and Authorization to Recover All Present and Future Costs in Rates, filed with the CPUC on or about April 23, 2012.
In the event it is determined that Princeton has no right or ability to grant to BioNanomatrix an exclusive right and license in the Field of Use under the Princeton Patent Rights, BioNanomatrix’s sole remedy against Princeton is the return by Princeton and any and all consideration, including, but not limited to, Initial Costs, Future Costs and the payments specified in Sections 5.1 and 5.2, received from BioNanomatrix for the grant of the license herein.
BioNanomatrix’s obligation to pay Future Costs shall continue for so long as this Agreement remains in effect, provided, however, that BioNanomatrix may terminate its obligations with respect to any given patent application or patent upon three months’ written notice to Princeton.
BioNanomatrix shall promptly pay Future Costs that cannot be so curtailed.
Princeton shall use reasonable efforts to curtail Future Costs when such a notice is received from BioNanomatrix.
Costs of preparing, filing, prosecuting, and maintaining all United States patent applications and/or patents, including interferences and oppositions, and all corresponding foreign patent applications and patents contained in the Princeton Patent Rights incurred after the Effective Date (“Future Costs”) shall be paid by BioNanomatrix within […***…] of receipt of the invoice for such Future Costs.
Respondents’ final Invoice shall be submitted within 120 days of Respondents’ receipt of the final statement of EPA Future Costs, ODEQ Response Costs, or Tribal Response Costs under this Settlement (as delivered or after resolution of any contested Response Costs through dispute resolution under Paragraph 40 or under Respondents’ separate agreement as provided in Paragraphs 41 or 42, whichever is later.
The Department will provide with each invoice documentation of the total Department’s Reimbursable Future Costs in sufficient detail so as to show the personnel involved, amount of time spent on the project for each person, expenses, and other specific costs, as well as documentation to support the claim that all such costs qualify as Federal Future Response Costs.
Interest on Future Costs will run at the rate of 8% simple interest from the date payment is due.
The Department’s first invoice to the Work Parties will include the reimbursement of the Work Party Share of the Department’s Reimbursable Future Costs incurred after November 30, 2021 and through the Effective Date of this Consent Decree, or as close to such date as possibly can be ascertained, including any costs incurred for services before November 30, 2021 but not yet invoiced and/or paid by the Department as of such date.