Cost Overruns. The meaning set forth in the Development Agreement.
Cost Overruns. (a) Any Project Construction Costs and Development Costs over and above those set out in the Investment and Financing Plan;
Cost Overruns shall have the meaning set forth in Section 12.1 of this Agreement. “County” shall have the meaning set forth in the Recitals of this Agreement.
Examples of Cost Overruns in a sentence
The Bank may in its discretion apply any such savings or cost reductions to Cost Overruns on either Project.
If consent is given by the City and County, the consent does not alter, amend or limit the funding responsibilities of the City and County set forth in the Loan Agreement or this Agreement including coverage by the City and County of any Cost Overruns.
More Definitions of Cost Overruns
Cost Overruns means those Public Improvement Project Costs that exceed the budget cost set forth in the SAP(s) plus the Developer Cash Contribution.
Cost Overruns shall have the meaning set forth in the Development Agreement. “County” shall have the meaning set forth in the Recitals to this Agreement. “County Bonds” shall have the meaning set forth in the Development Agreement. “Deficiency” shall have the meaning set forth in Section 3.4(f) of this Agreement.
Cost Overruns means any amounts by which actual Total Project Costs exceed the amount of Total Project Costs that were included in the Project Budget.
Cost Overruns means the amount of any and all construction costs for CityCenter that exceed $8,485,638,000 in the aggregate.
Cost Overruns means any expenses incurred by Battelle that exceed the sum of the Project Plan Fixed Cost and the planned costs set forth in all associated Scope Change Orders.
Cost Overruns means the amount, if any, by which the aggregate amount of Actual Development and Construction Costs (defined below) for the Project exceeds the aggregate amount of Budgeted Development and Construction Costs (defined below) for the Project.
Cost Overruns as used in this Agreement shall mean the amount by which the total costs and expenses required to be paid under the Construction Agreements by StadCo for the Project Improvements Work exceeds the aggregate of the amounts on deposit in the Accounts (as defined in the Construction Funds Trust Agreement) plus the then-unused commitments in respect of each StadCo Source of Funds; provided that, Cost Overruns shall not include such excess to the extent such excess arises out of or is attributable to any Excluded Costs.