Additional Cost Component definition

Additional Cost Component means the component of the Hire Rate established pursuant to paragraph 1.2 of Schedule III.
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Additional Cost Component means the component of the Hire Rate established pursuant to paragraph 1.3 of Schedule III.
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Examples of Additional Cost Component in a sentence

  • However, prior to Owner exercising any such right of termination under this section 4.2(a), Owner shall notify Charterer of its intention to so terminate and Charterer may elect within ***** days of receipt of such notice to: (x) bear all such costs related to such changes as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III; and (y) require Owner to continue this Charter.

  • The purchase cost of such depot spare parts (including the cost of delivery to the place where they are to be stored for the use of the Vessel, but excluding any administrative costs or continuing preservation and maintenance costs associated therewith) for use in maintaining the Regasification Components shall be considered an Additional Cost Component.

  • All costs incurred as a result of such changes shall be borne as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III except that the cost of any changes to the LNGRV Design that exceeds ***** United States dollars (U.S. *****) shall be paid directly by Charterer.

  • All costs incurred as a result of such changes shall be borne as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III except that the cost of any changes to the LNGRV Design that exceeds ***** United States dollars (U.S. $*****) shall be paid directly by Charterer.

  • During the last ***** of the Term, it is recognized that some portion of the expenditures on dry-docking, maintenance and repairs and the Additional Cost Component items may accrue to the benefit of Owner after the expiration of the Term.

  • Charterer shall bear an aggregate amount of up to ***** United States dollars (U.S. *****) of costs relating to changes due to new requirements of the Vessel’s classification society or Governmental Authorities as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III.

  • Charterer shall bear an aggregate amount of up to ***** United States dollars (U.S. $*****) of costs relating to changes due to new requirements of the Vessel’s classification society or Governmental Authorities as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III.

  • Charterer shall bear an aggregate amount of up to ***** United States dollars (U.S. $ *****) of costs relating to changes due to new requirements of the Vessel’s classification society or Governmental Authorities as an Additional Cost Component in accordance with paragraph 1.3 of Schedule III.

  • During the last ***** years of the Term, it is recognized that some portion of the expenditures on dry-docking, maintenance and repairs and the Additional Cost Component items may accrue to the benefit of Owner after the expiration of the Term.

Related to Additional Cost Component

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Additional Cost Rate has the meaning given to it in Schedule 4 (Mandatory Cost formulae).

  • Additional Costs has the meaning given that term in Section 4.1.

  • Interest Component means, at any time of determination for any Conduit Investor, the aggregate Yield accrued and to accrue through the end of the current Rate Period for the Portion of Investment accruing Yield calculated by reference to the CP Rate at such time (determined for such purpose using the CP Rate most recently determined by its Administrator).

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;