Unrecovered Cost
Unrecovered Cost. Shall mean, as of any particular date, an amount equal to (a) the Cost Basis less (b) the Net Real Estate Proceeds Payout prior to such date; provided, however, that if the "Unrecovered Cost" would otherwise be a negative number, the "Unrecovered Cost" shall be deemed to be zero.
All Definitions
Found in
SEABOARD CORP contract