Project Budget and Schedule. (i) Each Lender shall have received an update to the Project Schedule, a copy of which is attached to this Agreement as Schedule 3.1(q)(i).
Project Budget and Schedule. Contracts and Plans. Project budget, schedule, contracts and plans as follows: (i) a budget setting forth the total estimated direct costs for construction (including real property acquisition, site preparation, railroad siding, sales taxes related to construction, and contingencies) not to exceed an aggregate total of $81,000,000.00 for the Improvements, and indirect costs, (including capital interest, costs to organize and obtain financing, and for preproduction expenses, but excluding working capital) not to exceed an aggregate total of $3,300,000.00, including line item cost breakdowns for all direct costs by trade, job, and subcontractor, and a schedule of all sources of funds to pay such costs (the “Project Budget”); (ii) schedule setting forth, by trade, job, and subcontractor, the estimated dates of commencement and completion of construction of the Improvements (the “Project Schedule”); (iii) a schedule of the amounts and times of advances anticipated to be requisitioned by the Company from time to time during the term of construction of the Improvements (the “Disbursement Schedule”); (iv) a list of all subcontractors and materialmen who have been, or, to the extent then determined by the Company, will be supplying labor, materials or goods for the Improvements; (v) two sets of the Plans with a. certification from the Company and from the Company’s architect or engineer, or with other evidence satisfactory to Agent as to the following matters: (a) that the Improvements can be completed. by May 31, 2006, (the “Completion Date”); (b) that the Project Budget, Project Schedule, Disbursement Schedule and the Plans satisfactorily provide .for the construction of the Improvements; and (c) that the Improvements upon completion will comply with all Laws (as defined in Section 9(B) hereof), including, without limitation, all Laws relating to the environment, and all approvals, consents, permits and licenses required under such Laws (the “Project Approvals”) which have been obtained or are to be obtained by the Company relating in any way to the acquisition, construction or the contemplated operation of the Improvements (including, without limitation, those relating to zoning, building, use and occupancy, fire prevention and health); and (vi) a list of the Project Approvals indicating those Project Approvals obtained and to be obtained (and a schedule for obtaining such Project Approvals).
Project Budget and Schedule. The Parties agree that the Development Activities (including Feasibility Studies) will be conducted in accordance with the Project Budget and Schedule.
Project Budget and Schedule a. NDO Role: Prepare draft budget for all aspects of the Specific Project, including design services & consultancies, building & landscaping costs, MEP, and operations and maintenance.
Project Budget and Schedule. Borrower shall have furnished to Lender the budget and schedule (the “Project Budget and Schedule”) for all Project Costs of the Project and a detailed project schedule, as well as estimates of revenues and cash flows expected to be generated from the Project for the period commencing on the date of the Project Budget and Schedule through the Maturity Date.
Project Budget and Schedule. Borrower shall have furnished to Lender an updated Project Budget and Schedule, which updated Project Budget and Schedule shall be subject to Lender’s consent (such consent not to be unreasonably withheld, conditioned, or delayed).
Project Budget and Schedule. 6.21.1 Not less than thirty (30) days prior to the Closing Date, Buyer will deliver to Seller a detailed Project Budget (the “Original Project Budget”) showing Buyer’s best estimates of project costs and expenses, including contingency reserves, in order to achieve the Site Restoration Milestones, the Target Completion Date, and End State Conditions according to the schedule for the Decommissioning and other work contemplated by the Lease Agreement, without giving effect to any potential extension of the schedule for such work by reason of conditions of Force Majeure or Schedule Extension Conditions. All estimated project costs and expenses, including contingency reserves, shall be reflected in the Original Project Budget for each of the major phases or categories of work identified in the Original Project Budget as License Termination, Spent Fuel Management, and Site Restoration (each referred to herein as a “Major Budget Category”) detailed to a level 3 Work Breakdown Structure within each such Major Budget Category. The Original Project Budget shall show that Costs to Completion do not exceed the Projected NDT Value and shall demonstrate to the satisfaction of the NRC an allocation of budget resources sufficient for License Termination and Spent Fuel Management.
Project Budget and Schedule. A. The Housing Authority shall prepare a schedule and budget for the Project (the “Project Schedule” and “Project Budget”, respectively) to be submitted to the City for review and approval in accordance with Section 2.4. Pursuant to Section 2.4, the Housing Authority shall submit proposed updates to the Project Schedule and the Project Budget as changes become necessary.
Project Budget and Schedule. 6.21.1 Not less than thirty (30) days prior to the Closing Date, Buyer will deliver to Seller a detailed Project Budget (the "Original Project Budget") showing Buyer's best estimates of project costs and expenses, including contingency reserves, in order to achieve the Site Restoration Milestones, the Target Completion Date, and End State Conditions according to the schedule for the Decommissioning and other work contemplated by the Lease Agreement, without giving effect to any potential extension of the schedule for such work by reason of conditions of Force Majeure or Schedule Extension Conditions. All estimated project costs and expenses, including contingency reserves, shall be reflected in the Original Project Budget for each of the major phases or categories of work identified in the Original Project Budget as License Termination, Spent Fuel Management, and Site Restoration (each referred to herein as a "Major Budget Category") detailed to a level 3 Work Breakdown Structure within each such Major Budget Category. The Original Project Budget will reflect a Retention amount equal to 17.8% of each Major Budget Category. The aggregate Retention amount identified in the Original Project Budget or in any subsequent Project Budget will be reduced at the rate of 17.8% of amounts invoiced and paid out of the Buyer NDF or the Buyer QDF and shall be further reduced at the rate of 17.8% of any reduction in aggregate estimated project costs and expenses, including contingency reserves, reflected in any Project Budget subsequent to the Original Project Budget. The Original Project Budget shall show that Costs to Completion do not exceed the Projected NDT Value and shall demonstrate to the satisfaction of the NRC an allocation of budget resources sufficient for License Termination and Spent Fuel Management.
