Excess Cost Definition | Law Insider (2024)

Excess Cost

means the amount by which the Operating Costs for any Operational Year exceed the Expense Stop.

Excess Cost

means the difference between the actual cost of such insurance and the then current employee contribution charged by the Company to its employees for the type of coverage in effect for the Employee at the time of termination. In addition, if the Employee has elected insurance coverage for a member of his family other than himself, and a “qualifying event” occurs for a covered family member under which such family member would be eligible for continuation of health insurance benefits under COBRA (at any time the Company is obligated to make payments for the continuation of the Employee’s health, dental and other medical benefits), any payments for the continuation of health insurance, whether under COBRA or otherwise, will be the responsibility of the affected family member and not of the Company. Nothing herein shall be construed so as to prohibit the Company from altering the provider, or the terms or conditions of its health, dental, and other medical benefits (so long as such alterations apply to plan participants generally), or to require the Company to maintain benefit levels or features beyond those that the Company provides in its plans generally.

Examples of Excess Cost in a sentence

  • The Excess Cost Payments for emergency Energy purchased in the circ*mstances specified in Section 11.5.8.1 shall be allocated in the same manner as specified in Section 11.5.6.2.5.2 for the allocation of the Excess Cost Payments portion of payments for Exceptional Dispatches for emergency conditions.

  • For a Scheduling Coordinator of an MSS Operator that has elected to follow Load, allocation of this second category of Excess Cost Payments will be based on net metered MSS Demand.

  • The weighted average price is equal to the total Excess Cost Payments to be allocated divided by the MWh of Exceptional Dispatch Energy associated with the Excess Cost Payment.Second, any remaining unallocated costs shall be allocated to all Scheduling Coordinators pro-rata based on their Measured Demand.

  • Excess Cost Recovery By charging non-County organizations for the use of County facilities for costs that exceed the normal operating costs of the County, the County can ensure that no private group will be accorded additional benefits at taxpayers’ expense.

  • The weighted average price is equal to the total Excess Cost Payments to be allocated divided by the MWh of FMM Exceptional Dispatch Energy or RTD Exceptional Dispatch Energy associated with the Excess Cost Payment.Second, any remaining unallocated costs shall be allocated to all Scheduling Coordinators pro-rata based on their Measured Demand.


More Definitions of Excess Cost

Excess Cost

has the meaning set forth in Section 10.02(a).

Excess Cost

means costs incurred or to be incurred by HR that are over and above those costs related to HR’s standard practices and procedures relating to its provision of the Services and/or Additional Services (which standard costs are included in the Schedule 1 Charges and/or Schedule 2 Charges as applicable). For the avoidance of doubt, Excess Costs shall include any and all amounts contained in any contractual commitments or obligations including employment agreements or severance arrangements.

Excess Cost.

The applicant, in accordance with 20 U.S.C.A. §1413, assures that funds provided under Part B of IDEA 2004 will be used only for excess costs.

Excess Cost

has the meaning given that term in Section 3.1(c)(iii)(A).

Excess Cost

means those costs that are in excess of the average annual per student expenditure in an LEA during the preceding school year for an elementary school or secondary school student, as may be appropriate, and that must be computed after deducting—

Excess Costas used in this Agreement means the amount, if any, by which the "Total Costs" (as hereinafter defined) exceed the Authorized Loan Amount.

Excess Cost Definition | Law Insider (2024)
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