Repair Cost definition

Repair Cost means the parts and labor expense necessary to repair or replace any Covered Component that is the result of a covered Mechanical Breakdown, subject to the exclusions set forth herein. We may use or supply replacement components of a like kind and quality that may be new, OEM, exchanged, rebuilt, remanufactured, or used. Parts pricing shall not exceed Your Vehicle manufacturer’s suggested retail price or the suggested retail price of a like kind and quality part, whichever is authorized by Us. Labor will be determined by a current nationally recognized flat rate labor guide. Repair Cost includes the required taxes associated with the covered Mechanical Breakdown according to state specific laws. Authorized replacement components must have a parts and labor warranty no less than 12 months or 12,000 miles.

Repair Cost means the cost of both parts costs and labour (including VAT where appropriate) necessitated in rectifying the Accidental Damage, Fire Damage, Flood Damage, Liquid Damage, or Malicious Damage.

Repair Cost means the County’s direct costs and out of pocket expenses for any Repairs. "Standard Pricing" means the rates used to compute the License Fee, as set forth in Schedule 2. "Strand" means a single optical fiber of the County Network.

Examples of Repair Cost in a sentence

• For any kind of damages caused to the containers while in our possession or in the possession of any third party or agency appointed by us, other than natural wear and tear, the Repair Cost estimate or the Debit given by you in case of total loss, will be accepted as final and binding on us and paid and reimbursed by us instantly.

• Ensure requirements for submitting AFTO Form 375, Selected Support Equipment Repair Cost Estimate, on all weapons support equipment identified in TO 35-1-24, are accomplished.

• Owner’s Repair Cost Obligation for the current Contract Year is ${ }.

• We will not be liable for any of the above expenses if your claim for Repair Cost is declined by us under the terms of Your Plan.

• Should you decide to give permission to a Repairer to commence or complete repair work, without a Repair Number being obtained, we will not meet your Repair Cost because you have denied us our right to fully investigate your claim and/or inspect your Vehicle and determine any faults.H15 Before we authorise any repair, we may instruct an Independent Vehicle Examiner to inspect your Vehicle or any Part together with any appropriate documentation.

More Definitions of Repair Cost

Repair Cost means the cost to repair or replace damaged building structures with readily available construction materials or methods that are functionally equivalent to and less costly than obsolete, antique or custom construction materials or methods. M

Repair Cost means the parts and labor expense necessary to repair or replace any Covered Component that is the result of a covered Mechanical Breakdown, except as specifically set forth herein. We may use replacement components of a like kind and quality that may be rebuilt, remanufactured, or used. Parts pricing will be determined by the lesser of Your Vehicle manufacturer’s suggested retail price or the suggested retail price of a like kind and quality part, whichever is authorized by Us. Labor will be determined by a current nationally recognized flat rate labor guide. Repair Cost includes the required taxes associated with the covered Mechanical Breakdown, and excludes shop supplies and environmental disposal charges.

Repair Cost means the customary parts and labor costs required to complete any Covered Repair under this Limited Warranty. Labor times will be verified by the standard versions of nationally recognized labor guides, such as Mitchell or ALLDATA®. Labor rates may not exceed one hundred ($100.00) per hour and replacement parts may not exceed manufacturer’s suggested retail price and may be of like kind and quality. This may include the use of new, remanufactured or used parts as determined by the Administrator.

Repair Cost means the cost of any repair or replacement needed to ensure that following any incident of damage the Prison is returned to the standard required in accordance with this Contract;

Repair Cost has the meaning set forth in Section 11.2 hereof.

Repair Cost means the cost of repair materials and labour at the agreed labour rate necessary to rectify the breakdown, in line with published Autodata/ manufacturer’s repair times, excluding VAT.

Repair Cost means the cost of both Repair materials and labour (including VAT where appropriate) necessitated in rectifying the Breakdown, in line with published repair times.