Replacement Costs definition
Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.
Replacement Costs means expenditures for obtaining and installing equipment or accessories that are necessary to maintain the capacity and performance during the service life of the water or wastewater treatment works.
Replacement Costs means the costs of obtaining and installing equipment, accessories or appurtenances that are neces- sary during the service life of the district’s sewerage system to maintain the capacity and performance for which the sewerage system was designed and constructed.
Examples of Replacement Costs in a sentence
In the event Keyholder fails to purchase Replacement Insurance or in the event the Loss or Theft is not covered by Insurance, or if the ActiveKEY is damaged as described above then Keyholder will be required to pay the following Replacement Costs as liquidated damages below.
Failure to return the Key as provided herein shall entitle the Association to retain the Refund Amount as liquidated damages and Keyholder's estate will be required to pay Replacement Costs of the Key as outlined in Paragraph 15 of this Agreement.
If the Keyholder fails to return the Key and all related equipment and materials on or before the applicable deadline specified above then no refund will be paid and Keyholder will be required to pay Replacement Costs of the Key as set forth in Paragraph 15 of this Agreement.
More Definitions of Replacement Costs
Replacement Costs means the amount required, at current building costs and with due regard also to
Replacement Costs means expenditures for obtaining and installing equipment, accessories, or appurtenances which are necessary during the useful life of the wastewater treatment system to maintain the capacity and performance for which such facilities were designed and constructed. Operation and maintenance costs include replacement costs.
Replacement Costs means an amount equal to the present value of the economic loss to a Party, attributable to early termination of the Agreement,limited to the twelve months following the Termination Date, determined in a commercially reasonable manner. For Utility, commercially reasonable Replacement Costs include incremental costs suffered by Utility to replace the Estimated Annual Production and/or Environmental Attributes that Owner fails to deliver under this Agreement, including the amounts paid or incurred by Utility for replacement capacity, replacement energy, transmission and ancillary services associated with delivery of replacement capacity and energy and directly associated transaction costs. As a point of reference for current estimated Replacement Costs, the rate charged by Utility's under Tariffs 1 and 7 ("Resale Power" and "Renewable Energy Premium") for all such costs is $0.040 per kWh. In the event of Owner termination prior to Commercial Operation Date, Replacement Costs for the Utility shall be limited to the following flat fee:
Replacement Costs means expenditures and costs for obtaining and installing equipment, accessories or appurtenances which are necessary during the service life of the system to maintain the capacity and performance for which the system was designed and constructed.
Replacement Costs means with respect to a period of ----------------- time, the difference between (a) the actual costs, including without limitation related penalties and transmission costs, incurred by Buyer to replace any shortfall between (1) the Supply Amount and (2) the Delivered Amounts of Energy, (or in the case of Ancillary Services the Supplier's schedule of Ancillary Services) during such period and (b) the payments the Supplier would have been entitled to in respect of such shortfall in delivery; provided that Replacement Costs shall also be subject to the annual true-up mechanism set forth in Section 7.5.
Replacement Costs means necessary expenditures made during the service life of the treatment works to replace equipment and plant appurtenances to maintain the intended performance of the treatment works.
Replacement Costs means capital costs that have the effect of replacing initial capital costs for long-term qualifying electricity or proxy plants.