Final Development Budget definition

Final Development Budget means the Development Budget for the Project approved by the Construction Lender and used in connection with the funding of the Construction Loan.
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Final Development Budget means the Development Budget Approved by the RAPGC concurrent with the execution and delivery of the Construction Contract and following the completion of the Plans and Specifications for the Project and the Approval by the RAPGC thereof.
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Final Development Budget has the meaning set forth in Section 4.6(b).
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Examples of Final Development Budget in a sentence

  • The annual rent will be determined by multiplying the Total Development Cost in the Final Development Budget times the Annual Rent Multiplier; provided, however, that should Lessee on its own initiative make design change orders as described in Paragraph 32 which increase the cost of the project such that the Final Development Budget is increased after the Commencement of Construction, then the annual rent will be adjusted in accordance with this formula.

  • Prior to the Commencement of Construction, the parties shall agree on the final Development Budget ("Final Development Budget").

  • The Final Development Budget shall include any and all Project Costs which are expected to be incurred through and including Final Completion.

  • If it is received without a tender number on the envelope, it shall be opened, the tender number ascertained, the envelope sealed, and the tender number written on the envelope.

  • There also are corresponding workforce development implications associated with the increasingly diverse population, both with respect to the urgent need for the recruitment and training of new teachers that will be needed, and the training and support that will be required for existing teachers to be adequately prepared to respond to the changing instructional and assessment needs of the ELL population.

  • Prepare and submit to RAPGC for Approval the Final Development Budget.

  • Upon such approval, and prior to issuance of a building permit, the Construction Documents and Final Development Budget and Timeline are subject to review and approval by the GRDC.

  • Upon the completion, final estimating, and University’s approval of the plans and specifications (such approval not to be unreasonably withheld), the Development Team will submit a Final Development Budget, Operating Proforma, and Development Agreement to the University, for input, review and approval.

  • Prepare and submit to County for Approval the Final Development Budget.

  • When Approved by RAPGC, the Initial Development Budget shall be replaced with the Final Development Budget.


More Definitions of Final Development Budget

Final Development Budget means the updated and revised estimated sources and uses of funds, cash flow, and Development Budget, submitted by Developer to City prior to Closing.
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Related to Final Development Budget

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Research Budget has the meaning set forth in Section 3.2.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Project area budget means a multiyear projection of annual or cumulative

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Development Plan has the meaning set forth in Section 3.2.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Development Plans has the meaning set forth in Section 3.2.

  • Development Project means a project for the development of land within a

  • Redevelopment Plan means the “Lincoln Center Redevelopment Plan” passed, adopted and approved by the City pursuant to the Resolution, and shall include any amendment of said Redevelopment Plan heretofore or hereafter made by the City pursuant to law.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • CapEx Budget means the annual budget for the Asset Entities taken as a whole covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Capital Expenditures consisting of discretionary expenditures made to acquire fee or easement interests with respect to any Ground Lease Tower Site or Easement Tower Site, or non-recurring expenditures made to enhance the Operating Revenues of a Tower Site.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Approved Budget means an annual budget-

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic