Inspection Costs definition

Inspection Costs means actual and related costs including, without limitation, the following: (1) labor costs, including wages and salaries, and benefits and overhead allocable to such labor costs (overhead allocation percentage shall not exceed the lesser of: (a) the percentage FTV allocates to its internal projects; or (b) one hundred thirty percent (130%)); (2) travel costs incurred by FTV or by its employees and reimbursed in accordance with FTV policies and Internal Revenue Service regulations (such as air fare, personal automobile mileage, lodging, meals); and (3) other direct costs and out-of- pocket expenses on a pass-through basis (such as equipment, materials, supplies and contract services). All costs shall be computed in accordance with generally accepted accounting principles.
Inspection Costs means the payroll costs of the Board’s inspectors plus overhead, or in the case where a consulting engineer is employed, the charges rendered for his/her services to the Board.
Inspection Costs means the direct and indirect costs to the Ministry of the meat inspection service:

Examples of Inspection Costs in a sentence

  • XXX shall have the right to audit FTV's books and records relating to FTV's costs of Installation, Relocation Costs, Inspection Costs, taxes and fees relating to the System, and other costs if FTV, under the terms of this Agreement, seeks reimbursement or contribution thereof from XXX.

  • Inspection Costs 22.3 Unless otherwise specified by Special conditions, all costs brought about by the inspections on the materials and equipment supplied by the Employer should be born by the Employer, and those of the equipment and materials supplied by the Contractor should be covered by the Contractor.

  • In the event of a Substantial Casualty, either Buyer or Seller may elect to terminate this Agreement by written notice to the other party within ten (10) days after Buyer receives notice of the Substantial Casualty from Seller; provided, however, in the event that only Seller (and not Buyer) elects to terminate this Agreement due to a Substantial Casualty, Seller shall be liable to Buyer and shall pay Buyer for the Inspection Costs.

  • The actual, third party costs of the inspections, tests and investigations undertaken by Investor pursuant to this Section 3.5 (the "Inspection Costs") shall be borne by Investor and shall be included in the Closing Costs to be funded by Investor under Section 2.1(b) hereof.

  • Purchaser’s right to receive the Exxxxxx Money and the Inspection Costs is intended not as a penalty, but as full liquidated damages.

  • In the event Purchaser elects to exercise option (ii) above, It is agreed between the parties hereto that the actual damages to Purchaser in the event of such default are impractical to ascertain and the amount of the Exxxxxx Money and the Inspection Costs is a reasonable estimate thereof, Purchaser hereby expressly waiving and relinquishing any and all other remedies at law or in equity.


More Definitions of Inspection Costs

Inspection Costs means the payroll costs of the Board's inspectors plus overhead, or in the case where a consulting engineer is employed, the charges rendered for his/her services to the Board. (xviii)"Plans" means all plans, profiles, drawings, sketches, or copies thereof exhibited, used or prepared for or in connection with the work embraced under the Contract (xix) "Plant" means every temporary or accessory piece of equipment necessary or required to carry on or complete the work and extra work, in the time and manner herein provided; (xx) "shall", "may", "herein", "person", "writing", "written", "surety", and "security" and words used in the singular number or the masculine' gender, shall have the same meaning and effect as given in the Interpretation Act of Ontario; (xxi) "Site" means the site described in subparagraph 1.1 hereof at which the Work is to be performed as indicated in the Drawings and/or Specifications; (xxii) "Specifications" means the Specifications included as Section IV of the Tender Package; (xxiii)“Specifications", "General Conditions", and "Agreement" mean respectively the Specifications, these General Conditions and the Agreement forming part of the Contract; (xxiv) "Tender Package" means the contents of the Tender Package dated 2018-07-09 for the Work, as listed on the "Contents" page immediately proceeding these Instructions; (xxv) "Work" or "Works" means all services and deliverables to be provided by the Contractor as mentioned or referred to in the Tender, Specifications, General Conditions, Agreement, Plans, Profiles, Drawings and Addenda forming part of the Contract, including all extra or additional work or material, matters or things which may be ordered by the Chief Operating Officer, as herein provided; (xxvi) "Toronto Zoo" “Owner” or the words "the Board" means the Board of Management of the Toronto Zoo.
Inspection Costs has the meaning given in Section 5.2. “Inspection Indemnification” has the meaning given in Section 5.6. “Inspection Period” has the meaning given in Section 5.1. “Inspections” has the meaning given in Section 5.1.

Related to Inspection Costs

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Collection Costs means an amount that the Municipality can charge with regard to the enforcement of a consumer’s monetary obligations;

  • Inspection Fee means a fee payable to Lender or Loan Servicer for performing any inspection required by this Agreement in an amount not to exceed $500.00 per inspection.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Relocation Costs means costs incurred in the relocation of the furniture, fixtures, equip- ment, machinery and supplies, including, but not limited to, the cost of dismantling and reassembling equipment and the cost of floor preparation necessary for the reassembly of the equipment. Relocation costs include only such costs that are incurred during the ninety-day period immediately following the commencement of the relocation to an eli- gible premises. Relocation costs do not include costs for structural or capital improve- ments or items purchased in connection with the relocation.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Permitted Expenses means the reasonable and documented costs and expenses incurred by the Agents and the Lenders (and their respective agents or professional advisors) in connection with the preparation, administration, amendment and due diligence of this Agreement and the other Credit Documents and, which costs and expenses the Borrower shall reimburse to the Administrative Agent or shall pay or cause to be paid in accordance with the Credit Documents. “Permitted Expenses” shall include, without limitation, the expenses set forth in Sections 5.10 and 9.2 hereof.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender:

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Termination Costs means all documented Direct Costs and Indirect Costs incurred by Transmission Owner in connection with the performance of the Services (i) prior to the effective date of termination, including such costs incurred for materials, equipment, tools, construction equipment and machinery, engineering and other items, materials, assets or services that cannot reasonably be avoided, mitigated or cancelled, (ii) to unwind any work undertaken prior to or after the effective date of termination to the extent reasonably necessary to return the Projects to a configuration or condition in compliance with Good Utility Practice and applicable Law, and (iii) arising from cancellation costs relating to orders or contracts entered into in connection with the performance of Services by Transmission Owner prior to the effective date of the termination.

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Transaction Costs means the costs incurred or estimated by the Management Company to cover the costs (such as, but not restricted to, brokerage, Trustee charges, taxes or levies on transactions, etc.) related to the investing or disinvesting activity of the Trust’s portfolio, inter alia, necessitated by creation or cancellation of Units, which costs may be added to the NAV for determining the Offer Price of Units or to be deducted from the NAV in determining the Redemption Price.

  • O&M Costs as defined in the Depositary Agreement.

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Property Expenses means the costs (including, but not limited to, payroll, taxes, assessments, insurance, utilities, landscaping and other similar charges) of operating and maintaining any Eligible Property or Property which secures Other Recourse Debt that are the responsibility of the Borrower or the applicable Material Subsidiary that are not paid directly by any Tenant, but excluding depreciation, amortization, interest costs and maintenance capital expenditures.

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.