Rectification Costs definition

Rectification Costs means, for the purposes of any Termination Date that occurs after the Actual Completion Date [a Phase Actual Completion Date], an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Services are available;

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Rectification Costs means, for the purposes of any Termination Date that occurs during the Custodial Service Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular Month or part of a Month in ensuring that the Custodial Service is available;

Rectification Costs means, for the purposes of any Termination Date that occurs during the Operations Period, an amount equal to the reasonable and proper costs incurred by TNPA in ensuring that the services are available;

Examples of Rectification Costs in a sentence

• BE shall be responsible for all components of the Termination Amount, provided that BE shall credit CDOT for any Maintenance Rectification Costs included in the Termination Amount.

• C = an agreed administration fee to the Authority or in the event of the Authority deciding to exercise its right to step-in13 in accordance with Clause 61 of the Project Agreement any Rectification Costs.

• This limitation on liability shall include, and be applicable to, (i) all costs incurred by or on behalf of the City or MTO to perform the Warranty Work, (ii) all liquidated damages payable by DB Co to the City pursuant to Section 11.17A, (iii) all Defect Rectification Costs and Direct Losses payable by DB Co to RTG under the Interface Agreement.

• Each Party shall maintain an insurance policy(ies) for data breaches and cybersecurity and shall include coverage for Network Security and Privacy; Regulatory Costs and Fines; Incident Response Costs; Legal, Forensic and Breach Management Costs; Extortion; System Damage and Rectification Costs; and System Business Interruption and Reputational Harm with a $2,000,000 limit per the aforementioned coverages listed and a $2,000,000 annual aggregate limit of all claims.

• UNSW may set off the Rectification Costs against any amount payable by UNSW to the Supplier.

More Definitions of Rectification Costs

Rectification Costs means any costs, charges or losses suffered or incurred by us, your Employees or any third party, as a result of or in connection with incorrect

Rectification Costs means, for the purposes of any Termination Date that occurs during the Contract Period, an amount equal to the reasonable costs reasonably and properly incurred by the Secretary of State or her nominee (as the case may be) in a particular Reporting Period or part of a Reporting Period in ensuring that the ▇▇▇▇ is performed;

Rectification Costs has the meaning given in Schedule 20 - Compensation on Termination.

Rectification Costs means for the purposes of any Termination Date that occurs during the Service Period, an amount equal to the reasonable and proper costs incurred by the Municipality in ensuring that the Services are available to the Performance Standards;

Rectification Costs means, for the purposes of any Termination Date that occurs after the Substantial Completion Date, an amount equal to the reasonable and proper costs incurred by the

Rectification Costs means, for the purposes of any Termination Date that occurs during the Service Period, an amount equal to the reasonable and proper costs incurred by the Authority in a particular month or part of a month in ensuring that the Service is available;

Rectification Costs means, for the purposes of any Termination Date that occurs after the Substantial Completion Date, an amount equal to the reasonable and proper costs incurred by the City in a particular Payment Period or part of a Payment Period in ensuring that the Maintenance and Rehabilitation Services are carried out.