Common use of Allowance for Planning and Design Clause in Contracts

Allowance for Planning and Design. The amount requested for this line item on the application was $276,000.. The allowable amount for this line item based on the allowable building costs and the planning and design allowance as per N.J.A.C. 7:22-5.12 is as follows: $250,000 + 0.12(3,263,330 – 1,000,000) = $521,600 At the request of the applicant the amount is reduced to $276,000. Allowable Planning and Design Allowance is $276,000.

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)

AutoNDA by SimpleDocs

Allowance for Planning and Design. The amount requested for this line item on the application was $276,000.. . The allowable amount for this line item based on the allowable building costs and the planning and design allowance as per N.J.A.C. 7:22-5.12 is as follows: $250,000 + 0.12(3,263,330 – 0.12($3,071,919 - $1,000,000) = $521,600 498,630. At the request of the applicant the amount is was reduced to $276,000. Allowable Planning and Design Allowance is $276,000.. Middlesex Water Company

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)

Allowance for Planning and Design. The total amount requested for this line item on the application was $276,000.. 132,400 . The allowable amount for this line item based on the an allowable building costs and the planning and design allowance as per N.J.A.C. 7:22-5.12 is as followscost is: $250,000 + 0.12(3,263,330 – 250,000+($2,970,000 - $1,000,000) = x 0.12= $521,600 At the request of 486,400. However, the applicant the amount is reduced to has requested $276,000132,400 for this line item. Allowable Allowance for Planning and Design Allowance for this project is $276,000132,400.

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Continuing Disclosure Agreement (Middlesex Water Co)

AutoNDA by SimpleDocs

Allowance for Planning and Design. The total amount requested for this line item on the application was $276,000.. 132,400. The allowable amount for this line item based on the an allowable building costs and the planning and design allowance as per N.J.A.C. 7:22-5.12 is as followscost is: $250,000 250,000+ 0.12(3,263,330 – ($2,970,000 - $1,000,000) = x 0.12= $521,600 At the request of 486,400. However, the applicant the amount is reduced to has requested $276,000132,400 for this line item. Allowable Allowance for Planning and Design Allowance for this project is $276,000132,400.

Appears in 2 contracts

Samples: Loan Agreement (Middlesex Water Co), Loan Agreement (Middlesex Water Co)

Time is Money Join Law Insider Premium to draft better contracts faster.