Owner's Cost definition

Owner's Cost means, as of any date, the sum of the purchase price of the Vessel and Upgrade Nonseverable Cost.
View Source
Owner's Cost means, the average cost per kilowatt hour and average cost per kilowatt demand, by time of day, if applicable, to Owner of purchasing electricity for the building, including, without limitation, fuel adjustment charges (as determined for each month of the relevant period and not averaged) rate adjustment charges, sales tax, and/or any other factors, used by the public utility company (the “Utility”) servicing the building in computing its charges to Owner applied to the kilowatt hours of energy and kilowatts of demand purchased by Owner during a given period, and further including transmission and transformer losses (to be determined by Owner if such losses are not measured by the Submeter, as defined herein); and
View Source
Owner's Cost means US$ 21,300,000 or as the context requires, the outstanding amount upon amortization as presented in Schedule 6 hereto.
View Source

Examples of Owner's Cost in a sentence

  • The aggregate amount of the Management Fee for the period commencing with the effective date of this Agreement and ending on December 31, 1997 shall be an amount equal to the lesser of (a) two percent (2%) of Gross Revenues or (b) twice the amount of the total direct and indirect costs of Owner for the Applicable Functions during the period July 1, 1996 through December 31, 1996 ("Owner's Cost").

  • At the completion of its review of Owner's books and records, Managers will notify Owner of its calculation of Owner's Cost.

  • The Management Fee for periods commencing January 1, 1998 and thereafter shall be an amount equal to the lesser of (a) two percent (2%) of Gross Revenues or (b) a percentage of Gross Revenues determined by dividing (x) an amount equal to Owner's Cost, by (y) an amount equal to the Gross Revenues for the period July 1, 1996 through December 31, 1996.

  • Owner, at its option, may from time to time, increase the Electricity Additional Rent based upon, among other things, any increase in Owner's Cost.

  • The Charterer shall pay to the Owner, in arrears on each Payment Date through the Primary Term, an amount equal to 1.2024% of Owner's Cost (the "Primary Term Basic Hire") as adjusted on the date of each disbursement to the Charterer as agent under the Third Upgrade Agreement according to the methodology outlined on Schedule F attached hereto, and during any Extended Term, 125% of the Primary Term Basic Hire payable on each Payment Date during such Extended Term.

  • Buyer shall forward to Columbia any and all correspondence relating to the Owner's Cost Reports within three (3) business days after receipt by Buyer.

  • Such rights shall include, without limitation, the right to appeal any Medicare determinations relating to Agency Settlements and the Owner's Cost Reports.

  • The Charterer shall pay to the Owner, in arrears on each Payment Date through the Primary Term, an amount equal to 1.16848% of Owner's Cost (the "Primary Term Basic Hire") as adjusted on each Upgrade Payment Date after the Delivery Date for amounts disbursed by the Owner to the Charterer pursuant to Section 5.9 according to the methodology outlined on Schedule F attached hereto, and during any Extended Term, 125% of the Primary Term Basic Hire payable on each Payment Date during such Extended Term.

  • The Owners shall retain all rights to Agency Settlements and to the Owner's Cost Reports including any amounts receivable or payable in respect of such reports or reserves relating to such reports.

  • If Owner disagrees with Manager's calculation of Owner's Cost, the parties agree that KPMG Peat Marwick shall recompute Owner's Cost for purposes of this Agreement using generally accepted accounting principals, which recomputation shall be final and binding on the parties hereto.