Common use of Cost Overruns Clause in Contracts

Cost Overruns. If applicable, StadCo shall make contributions for deposit into the StadCo Contribution Trust Account to pay for any Cost Overruns. Pursuant to Section 3.2(d)(i) of the Development Agreement, on or before the [third] Business Day after the [22nd] day of each month, StadCo shall deposit cash in an amount sufficient to pay any then- existing Cost Overruns to the StadCo Cost Overrun Subaccount of the StadCo Contribution Trust Account.

Appears in 2 contracts

Samples: Construction Funds Trust Agreement, Construction Funds Trust Agreement

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Cost Overruns. If applicable, StadCo shall make contributions for deposit into the StadCo Contribution Trust Account to pay for any Cost Overruns. Pursuant to Section 3.2(d)(i) of the Development Agreement, on or before the [third] third Business Day after the [22nd] 22nd day of each month, StadCo shall deposit cash in an amount sufficient to pay any then- existing Cost Overruns to the StadCo Cost Overrun Subaccount of the StadCo Contribution Trust Account.

Appears in 2 contracts

Samples: Construction Funds Trust Agreement, Construction Funds Trust Agreement

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Cost Overruns. If applicable, StadCo shall make contributions for deposit into the StadCo Contribution Trust Account to pay for any Cost Overruns. Pursuant to Section 3.2(d)(i) of the Development Agreement, on or before the [third] Business Day after the [22nd] day of each month, StadCo shall deposit cash in an amount sufficient to pay any then- then-existing Cost Overruns to the StadCo Cost Overrun Subaccount of the StadCo Contribution Trust Account.

Appears in 1 contract

Samples: Construction Funds Trust Agreement

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