Restoration Cost definition

Restoration Cost has the meaning set forth in Section 5.06.

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Restoration Cost means the amount of money paid to the township by a permittee to achieve the level of restoration according to plates 1 to 13 of Minnesota Public Utilities Commission rules.

Restoration Cost has the meaning ascribed thereto in Section 8.01(a).

Examples of Restoration Cost in a sentence

To the extent not included in the calculation of the Restoration Cost, Seller shall be entitled to receive all Proceeds related to such Casualty Loss, and, to the extent any such Proceeds are received by Buyer or any of its Affiliates (including any Company Entity) after the Closing, Buyer shall, within five (5) Business Days of receipt thereof, pay, or cause to be paid, such Proceeds to Seller.
To the extent not included in the calculation of the Restoration Cost, (i) Seller shall be entitled to receive all Proceeds related to such Casualty Loss and, and (ii) to the extent any such Proceeds are received by Buyer or any of its Affiliates (including any Company Entity) after the Closing, Buyer shall, within five (5) Business Days of receipt thereof, pay, or cause to be paid, such Proceeds to Seller.
If neither Party elects to terminate this Agreement prior to Closing, then at the Closing, the Enterprise Value shall be reduced by an amount equal to the Restoration Cost, and such Casualty Loss shall not be taken into account for purposes of determining whether the conditions set forth in Article VII have been satisfied.
If neither Members’ Representative nor Buyer elects to terminate this Agreement prior to Closing, then at the Closing, the Enterprise Value shall be reduced by an amount equal to the Restoration Cost, and such Casualty Loss shall not be taken into account for purposes of determining whether the conditions set forth in ARTICLE VI have been satisfied.

More Definitions of Restoration Cost

Restoration Cost means (a) the aggregate cost required to Repair a Casualty Loss and (b) the replacement cost of the Company Asset subject to the Takings Loss.

Restoration Cost has the meaning set forth in Section 5.16. “Scheduled Employees” has the meaning set forth in Section 3.12(a). “Schedule Update” has the meaning set forth in Section 5.15.

Restoration Cost means (a) in the case of a Casualty Loss, the cost of repairing the affected Company Asset (or replacing with an asset of similar utility) and (b) in the case of a Condemnation, the amount of reduction in the fair market value of the Acquired Companies.

Restoration Cost means (a) in the case of a Casualty Loss, the cost of repairing the affected Company Asset (or replacing the affected Company Asset with an asset of similar utility) to substantially the same state and condition prior to such Casualty Loss, and (b) in the case of a Condemnation, the amount of reduction in the fair market value of the Acquired Companies and the Company Assets as a result of such Condemnation or the costs of replacement of any Company Assets subject to such Condemnation.

Restoration Cost has the meaning stated in Section 4.4.

Restoration Cost means, with respect to any Idaho Power Acquired Asset or PacifiCorp Acquired Asset, the cost of restoring a damaged, lost or destroyed Idaho Power Acquired Asset or PacifiCorp Acquired Asset to a condition reasonably comparable to its pre-Casualty Loss condition, as estimated in good faith by the Party bearing the risk of loss of such Idaho Power Acquired Asset or PacifiCorp Acquired Asset during the Interim Period.

Restoration Cost means, with respect to a Casualty Loss, the sum of (a) the Casualty Cost with respect to such Casualty Loss, plus (b) the amount of gross margin with respect to such Casualty Loss; in each case arising after the Effective Date and as determined by a qualified firm mutually selected by USAC and the Company promptly after the date of the event giving rise to such Casualty Loss, which firm shall take into account, among other things, a reasonable period that the firm estimates the damaged or destroyed Contributed Assets will remain unrestored.