Phase I Budget Sample Clauses

Phase I Budget. (1) PP estimates that it will require approximately [***], which estimate shall be non binding, to fund PP's FCS Development Plan, including the direct manufacturing cost of [***] Prototypes. On or before November 30, 1999, PP shall provide Vaillant a detailed budget for the FCS Development Plan, which shall be included in Exhibit B.
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Phase I Budget. [See the following pages.] Page 22 of 23 -- SINGLE FAMILY GRANT AGREEMENT 1675341.docx Development Cost Analysis/Phase/Stage (w/Carrying Costs) . . . 100% 100% Stage Percentage Allocation of Phase Costs > 70% 0% 30% 25% 25% 50% Totals Phase I Xxxxx 0 Xxxxx 0 Xxxxx 0 Xxxxx XX Xxxxx 0 Xxxxx 0 Xxxxx 0 Xxxxx $5,156,760 $2,816,752 $1,971,727 $0 $845,026 $2,340,008 $585,002 $585,002 $1,170,004 Com 1 - Eureka Canyon Common Area 1 $427,647 $427,647 $213,824 $213,824 $0 Com 2 - Eureka Canyon Common Area 2 $408,235 $408,235 $408,235 $0 Com 3 - Eureka Canyon Common Area 3 $1,291,215 $0 $645,608 $645,608 Com 4 - Eureka Canyon Common Area 4 $1,144,435 $0 $572,217 $572,217 Com 5 - Eureka Canyon Common Area 5 $1,860,207 $0 $930,104 $930,104 Com 6 - Eureka Canyon Common Area 6 $99,586 $99,586 $99,586 $0 Com 7 - Eureka Canyon Common Area 7 $84,055 $84,055 $84,055 $0 Com 8 - Eureka Canyon Common Area 8 $175,695 $175,695 $175,695 $0 Com Misc - Eureka Canyon Common Miscellanious $483,633 $226,043 $174,376 $25,833 $25,833 $128,795 $25,833 $25,833 $77,128.33 Off-Site Dry Utilities $157,500 $157,500 $157,500 $0 10% Development Fee/Stage $901,224 $439,551 $328,500 $23,966 $87,086 $461,673 $125,644 $211,316 $124,713 Project Pre-Development Costs $217,659 $217,659 $217,659 $0 Project Marketing Costs $200,000 $150,000 $120,000 $15,000 $15,000 $50,000 $20,000 $15,000 $15,000 Sub-Total Project Allocations/Phase/Stage $10,331,128 $5,202,724 $3,951,156 $278,623 $972,945 $5,128,405 $1,402,087 $2,339,472 $1,386,846 Add: Additional Utility & Development Costs/Lot $683,091 $380,955 $105,091 $137,932 $137,932 $302,137 $91,955 $72,250 $137,932 Add: Interest on Construction Notes $141,176 $71,096 $53,993 $3,807 $13,295 $70,080 $19,160 $31,969 $18,951 Total Project Allocations/Phase/Stage $11,155,396 $5,654,774 $4,110,240 $420,362 $1,124,172 $5,500,622 $1,513,202 $2,443,691 $1,543,729 Recoverable Cost Allocation $4,817,280 $2,441,924 $1,774,942 $181,527 $485,456 $2,375,356 $653,452 $1,055,269 $666,635 Non-Recoverable Cost Allocation $6,338,116 $3,212,850 $2,335,298 $238,835 $638,716 $3,125,266 $859,750 $1,388,422 $877,094 Recoverable Costs Non-Recoverable Costs Percent of Cost Allocation . . . > 43.18% 56.82% Additional Utility and Development Costs/Lot . . . > $6,568.19 Percentage of Total Project Cost by Phase /Stage . . . > 50.36% 38.25% 2.70% 9.42% 49.64% 13.57% 22.64% 13.42% $4,817,280 Recoverable Costs/Project $46,320 Recoverable Cost/Lot $6,338,116 Non-Recoverable Costs/Project $60,943 N...
Phase I Budget. Project Expenses Budget Contractor Services (includes permitting) <= $75,000 Project Management (POTB Match) <= $10,000 Total Phase I Project Expenses <= $ 85,000 Project Revenues Budget Tillamook County TLT Grant $ 75,000 Port of Tillamook Bay $ 10,000 Total Project Revenues $ 85,000 13 of 34 - TILLAMOOK COUNTY TRANSIENT LODGING TAX (TLT) TOURISM-RELATED FACILITIES COMMUNITY GRANT PROGRAM - GRANT AGREEMENT #0000-X-00 - XXXX XX XXXXXXXXX XXX XXXXXX X REPAIRS PROJECT
Phase I Budget. The budget for Phase I is set forth in Exhibit A (the “Phase I Budget”). Notwithstanding anything in this Agreement to the contrary, the TID will not be obligated to provide for any products or services related to the City Project in excess of the funds actually received by the TID from the City or third-party funding sources, less the TID Management Fees (as defined in Section 4 below).
Phase I Budget. A budget of the projected costs of Phase I is attached hereto as Exhibit D (the “Project Budget”); provided, however, that the Project Budget does not include an amount for the West Bank Improvements, as the parties acknowledge and agree that such amount cannot be determined until there is an agreed-upon design for such improvements.
Phase I Budget. (1) [***]
Phase I Budget. Upon approval of the Phase I Working Drawings by Tenant and Landlord, and subject to the provisions of Section 5.4 above, Landlord shall provide to Tenant, prior to commencement of construction of the Phase I Work, a complete budget (“Phase I Final Budget”) showing all line items of the Phase I Work and the schedule of distribution of the Construction Allowance (as defined below) with respect to the Phase I Work. Tenant shall approve or disapprove the Phase I Final Budget within five (5) business days of receipt, such approval not to be unreasonably conditioned or withheld. If Tenant fails to notify Landlord that it disapproves of the Phase I Final Budget within such five (5) business day period, then Tenant shall be deemed to have approved the Phase I Final Budget.
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Related to Phase I Budget

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Initial Budget The initial Budget shall be agreed upon by -------------- the parties before the execution of this Management Services Agreement and shall be attached hereto and made a part hereof.

  • Project Budget A Project Budget shall be prepared and maintained by Grantee. The Project Budget shall detail all costs for which the Grant will be used during each calendar month of the Term. The Project Budget must be approved in writing by the Project Monitor. Grantee shall carry out the Project and shall incur costs and make disbursements of funds provided hereunder by the Sponsor only in conformity with the Project Budget. The current approved Project Budget is contained in Attachment B. Said Project Budget may be revised from time to time, but no Project Budget or revision thereof shall be effective unless and until the same is approved in writing by Project Monitor. The funds granted under this Grant Contract cannot be used to supplant (replace) other existing funds.

  • Operating Budget (a) No less than forty-five (45) days prior to the Substantial Completion of each train of the Project, and no less than forty-five (45) days prior to the beginning of each calendar year thereafter, the Borrower shall prepare a proposed operating plan and a budget setting forth in reasonable detail the projected requirements for Operation and Maintenance Expenses for the Borrower and the Project for the ensuing calendar year (or, in the case of the initial Operating Budget, the remaining portion thereof) and provide the Independent Engineer, the Common Security Trustee, and the Senior Facility Agent with a copy of such operating plan and budget (the “Operating Budget”). Each Operating Budget shall be prepared in accordance with a form approved by the Independent Engineer, shall set forth all material assumptions used in the preparation of such Operating Budget, and shall become effective upon approval of the Senior Facility Agent, acting reasonably and in consultation with the Independent Engineer; provided, that if the Senior Facility Agent shall not have approved or disapproved the Operating Budget within thirty (30) days after receipt thereof, such Operating Budget shall be deemed to have been approved; and provided, further that the Senior Facility Agent shall have neither the right nor the obligation to approve costs for Gas purchase contracts for the Project contained in the Operating Budget. If the Borrower does not have an effective annual Operating Budget before the beginning of any calendar year, until such proposed Operating Budget is approved, the Operating Budget most recently in effect shall continue to apply; provided, that (A) any items of the proposed Operating Budget that have been approved shall be given effect in substitution of the corresponding items in the Operating Budget most recently in effect, (B) costs for Gas purchase contracts for the Project shall be as provided by the Borrower and (C) all other items shall be increased by the lesser of (x) two and one-half percent (2.5%) and (y) the increase proposed by the Borrower for such item in such proposed Operating Budget.

  • Approved Budget (a) Subject to subsection (b) and subsection (c) below, none of the Credit Parties shall pay any obligations or expenses (including, without limitation, bonus payments or other compensation to senior management personnel, but excluding legal fees and expenses) except to the extent expressly contemplated and permitted in the Current Period of the Approved Budget applicable at the time of such payment. On or before the Wednesday prior to the first Monday of each Fiscal Month of the Borrower, commencing with the Wednesday prior to the first Monday of October 2010, the Borrower shall deliver an updated budget (for the period of 13 weeks commencing with the first day of such Fiscal Month) (each, a “Proposed Budget”) to Agent. Each such Proposed Budget shall be accompanied by a variance report setting forth actual cash receipts and disbursements from the Petition Date through the last day of the preceding month and all variances, on an aggregate basis and, with respect to Specified Budget Line Items, on a line-item basis, for such period from the amounts set forth for the corresponding period in the preceding Approved Budgets (including explanations for each such material variance), certified by the Chief Restructuring Officer as being prepared in good faith and fairly presenting in all material respects the information set forth therein. Each Proposed Budget provided to Agent shall be of no force and effect unless and until it is approved in writing by the Requisite Lenders, and until such approval is given the prior Approved Budget shall remain in effect and no Credit Party may pay any obligations or expenses (excluding legal fees and expenses) other than as permitted (subject to subsection (b) below) in the Current Period of such prior Approved Budget. The Requisite Lenders shall approve or reject each Proposed Budget within four Business Days after delivery by the Borrower to Agent as set forth above, provided that any failure to approve a Proposed Budget shall constitute a rejection of such Proposed Budget. Any such Proposed Budget, upon the written approval of the Requisite Lenders shall become, as of the date of such approval and for the period of time covered thereby, the Approved Budget, and shall prospectively replace any prior Approved Budget.

  • Budget The System Agency allocated share by State Fiscal Year is as follows:

  • Construction Budget The total amount indicated by the District for the Project plus all other costs, including design, construction, administration, financing, and all other costs.

  • Annual Budget (a) The Company and its Subsidiaries shall be operated in accordance with an annual budget, as it may be annually updated from time to time pursuant to this Section 3 (the “Annual Budget”). The initial Annual Budget for the period beginning on the Effective Date and ending on December 31, 2018, including the related variances, is attached hereto as Schedule B-1 (the “Initial Annual Budget”). For each Fiscal Year thereafter, the Asset Manager shall be responsible for preparing and submitting to the Company Board for approval as a Major Decision in accordance with the terms of the Company LLC Agreement a proposed updated Annual Budget, including the related variances. The Annual Budget shall be prepared by the Asset Manager in accordance with the protocols (including the preparation of the back-up materials on the timetable set forth therein) set forth on Schedule B-2 hereto (the “Budget Development Protocols”). The Annual Budget for each Fiscal Year shall be prepared with the same detail and line items as set forth in the Initial Annual Budget and such other detail as the members of the Company Board appointed by the Preferred Partners in accordance with Section 4.3(c) of the Parent LP Agreement (the “Preferred Board Members”) may reasonably request. In connection with the review of a proposed Annual Budget, the Preferred Board Members may reasonably request additional information regarding the materials supporting the proposed Annual Budget or such other information as is necessary or desirable to enable review of such proposed Annual Budget, and the Asset Manager shall provide such requested information. The Preferred Board Members shall consent to or reject the proposed Annual Budget, or request additional information (as provided for above), within ten (10) Business Days following (i) receipt of such proposed Annual Budget or (ii) receipt of all additional information that is, in the determination of the Preferred Board Members, necessary or desirable to enable review of such proposed Annual Budget. The Asset Manager shall comply with the Budget Development Protocols regarding the Preliminary Budget for each Fiscal Year. The Annual Budget shall be prepared and submitted annually by the Asset Manager no later than December 10, 2018 for the next Fiscal Year and thereafter by December 10 of each year with respect to the following Fiscal Year. The Annual Budget for each Fiscal Year shall include use of the pre-funded reserve amounts as shown on Schedule B-3 hereto for the four Fiscal Quarters comprising such Fiscal Year. In connection with the submission of the Annual Budget, the Asset Manager shall also prepare and submit to the Company Board an annual business plan for Parent and its Subsidiaries, including a responsible five-year operations forecast, including the operating metrics set forth on Schedule B-4 hereto (the “Annual Plan”). The Preferred Board Members, or their designated representatives, shall be provided reasonable access to all information, data, reports, models and analyses relied on in developing the Annual Plan (including, for the avoidance of doubt, all financial and silvicultural assumptions, constraints, supporting stand level data, merchantable timber volumes, pre-merchantable acres by species and age class, and acres by land classification).

  • Capital Budget Any amendment that is mutually agreed upon shall be set forth in writing and signed by both parties. It is acknowledged by Owner that capital expenditures required as a result of an emergency situation shall not reduce amounts available pursuant to the Capital Budget or otherwise hereunder, other than to the extent a Capital Budget item is subsumed within the capital expenditures required as a result of the occurrence of the emergency;

  • Business Plan and Budget As soon as available, but in any event no later than forty five (45) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form reasonably satisfactory to the Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a quarterly basis for the then current fiscal year. As to any information contained in materials furnished pursuant to Section 6.02(d), the Borrower shall not be separately required to furnish such information under Sections 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein.

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