Examples of Estimated Capital Cost in a sentence
In accordance with the SUPPLEMENTAL CONSIDERATION AGREEMENT dated May 23, 2000, by and between LCRA and the Testamentary Trusts of Xxxx Xxxxxxx Armor (the “Xxxxxx Ranch Agreement”), the Parties shall increase the Total Estimated Capital Cost by the amount of any supplemental consideration payments that become due and payable by LCRA upon the commitment of LCRA to provide “Pre-Option Contract Water” (as defined in the Xxxxxx Ranch Agreement) to SAWS.
During the Implementation Period, Total Estimated Capital Cost shall be updated as set out in Section 2.5.
The Parties agree to adjust the Total Estimated Capital Cost every year of the Study Period for actual and projected changes due to the rate of inflation applicable to Total Estimated Capital Cost or for any other reasons approved or agreed to by the Parties.
During the Study Period, LCRA may terminate the Study Period and this Definitive Agreement only if the following two conditions are met: (i) the LCRA’s Study Period Annual Report concludes that the Total Estimated Capital Cost under this Definitive Agreement should be increased, and (ii) SAWS indicates in writing (according to the provisions of Section 1.10) that the proposed increase in the Total Estimated Capital Cost is unacceptable.
In addition, the Study Period Annual Report shall include a statement of the Aggregate Study Period Advances paid to date by SAWS and any increase or decrease in the Total Estimated Capital Cost then-expected for the implementation of SAWS Projects and Region K Projects.
The Parties shall make adjustments to the Total Estimated Capital Cost as of the first (1st) day of each year of the Study Period.
LCRA may exercise its right of termination under this subsection, only within thirty (30) days after SAWS has declined in writing to accept the new Total Estimated Capital Cost.
The Parties agree that the following adjustments shall be made to the Total Estimated Capital Cost in any approved Agreed Implementation Plan without the necessity of formally amending that Agreed Implementation Plan.
Alberta Social Housing Corporation Capital Grant Funds and/or a capital contribution in the form of land and building such as the transfer of ownership or a long-term lease of an ASHC-owned asset $ $ $ Total Estimated Capital Cost $ * The Recipient shall be responsible for contributing any additional funding required for the Project that exceeds the Provincial Contribution amount, including any costs that exceed the estimated total Capital Costs for the Project.