Project Development Costs Sample Clauses

Project Development Costs. UBC and Corix have developed an Infrastructure Agreement to define the roles and responsibilities of relevant parties. As a part of the financial submission, Corix and UBC will submit each of their project development costs. These include engineering, financial, legal, consultation and regulatory costs spent by both to move the project to the implementation and construction stage. These project development costs are approximately 1.5% of total project capital costs. The project development costs have been capitalized and amortized over 30 years, being the contract term to which they relate.
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Project Development Costs. The costs and expense of the Project Development Activities shall be borne and paid by the parties as follows:
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Project Development Costs. 4.1 The Parties agree that, once raised, the Project Funding will be used to advance the Project over the next one to three years, and specifically, within such timeframe, to advance two pilot demonstrations:
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Project Development Costs. Once Renewable identifies a Subject Project and starts pursuing the development of such Subject Project (or commences the development of a Subject Project identified by Global), Renewable shall track all of the third party costs and all of Renewable’s out-of-pocket expenses (the “Project Development Costs”) incurred in connection with pursuing, evaluating and developing the Subject Project until the development of the Subject Project is completed.
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Project Development Costs. Project development costs include costs for professional services, permits and other items that are incurred incidental to a particular project. The Company expenses these costs as incurred until the project is considered probable. After a project is considered probable, capitalizable costs incurred are capitalized to the project. When project operations begin, the Company begins to amortize these costs on a straight-line basis over the life of the facility. As of December 31, 1999 and 2000, the Company had recorded in the Company's Consolidated Balance Sheets project development costs of $3 million and $7 million, respectively.
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Project Development Costs. Within the time set forth in the Schedule of Performance, Developer shall design and construct the Project upon the Parcel at Developer’s sole cost and expense, unless otherwise agreed in writing by the City in its sole discretion. Without limiting the generality of the foregoing, Developer hereby agrees that all costs associated with negotiating the ENA, this Agreement and the Other Agreements, Close of Escrow for each Phase and planning, designing, constructing, marketing and leasing the Project, preparing the Parcel and constructing all Improvements thereon including all hard costs, soft costs, the cost of services, fees, exactions, dedications, cost overruns, profit, overhead, consultants’ fees, legal fees, wages required to be paid to any person employed by Developer, any Transferee, contractor or subcontractor, and the costs of the Project Fair Share Contribution (collectively, the “Development Costs”), shall be the responsibility of Developer without any cost or liability to the City other than as set forth in the Updated Financing Plan for Phase II approved by the City pursuant to Section 4.6.2(a) with respect to the City Loan.
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Project Development Costs. Within seven (7) days of the Effective Date of this Agreement, the Company shall make a one-time payment to the Authority of $25,000, which payment represents the Project Development Costs associated with the administration and development of the RFP.
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Project Development Costs. Tenant acknowledges that Landlord previously entered into an agreement with DGA pursuant to which DGA provided services, for the benefit of Tenant, in connection with the master planning and entitlements for the Project (the “DGA Contract”). Tenant approved the DGA Contract and acknowledges and agrees that there are outstanding costs and fees due under the DGA Contract in the amount of $58,570.00 (the “Outstanding DGA Costs”). Tenant shall reimburse Landlord for the full amount of the Outstanding DGA Costs on or before the date that is 10 days after the mutual execution and delivery of this Fourth Amendment by the parties. Notwithstanding anything to the contrary contained herein, immediately following the date of this Fourth Amendment, the DGA Contract shall terminate, Landlord shall have no further obligations under the DGA Contract, and Tenant shall enter into a direct contract with DGA for the remaining master planning and entitlements for the Project (the “Replacement DGA Contract”). Landlord and Tenant anticipate that the costs and fees payable under the Replacement DGA Contract and to other vendors, the City of San Diego and other third parties in connection with the master planning and entitlements for the Project will be approximately $562,500.00 (which amount has been approved by Tenant) and Tenant shall be responsible for all such costs. Tenant acknowledges that there is no guaranty that the costs and expenses incurred in connection with the master planning and entitlements for the Project will not exceed such amount, and Tenant shall be responsible for all additional costs and expenses incurred under the Replacement DGA Contract and all additional costs and expenses reasonably approved in advance by Tenant and incurred in connection with the master planning and entitlements for the Project payable to other vendors, the City of San Diego and other third parties. Notwithstanding that Tenant will directly enter the Replacement DGA Contract with DGA and that Tenant will be responsible for all of the Outstanding DGA Costs and all other costs and fees incurred in connection with the master planning and entitlements for the Project pursuant to this Section 7, Tenant shall have no right or authority to make any decisions regarding the master planning or entitlements for the Project. Tenant acknowledges and agrees that Landlord shall make all decisions regarding the master planning and entitlements for the Project, subject to Tenant’s approval which sha...
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Project Development Costs. 13.10 Services provided by SOLITEK on the CUSTOMER‘s instructions in the course of project development or preparation are, in principle, in return for payment. This relates, for example, to grant applications to the competent authorities or detailed technical plans, particularly module drawings, inverter designs and simulations.
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Related to Project Development Costs

  • Development Costs With respect to activities prior to the Amendment Effective Date, each Party was to pay [*] of the total Direct Development Costs of a Product incurred in accordance with the Development Budget (as defined in the Original Agreement). Notwithstanding anything in this Article 6 of this Agreement or in any other provision of this Agreement to the contrary, with respect to activities on and after the Amendment Effective Date, subject to Sections 3.1.2, Alimera will be solely responsible for, and shall pay one hundred percent (100%) of, all development costs of a Product, including Direct Development Costs. Notwithstanding anything in this Article 6 of this Agreement or in any other provision of this Agreement to the contrary, (i) all payments owing by CDS hereunder with respect to development activities prior to the Amendment Effective Date are hereby deemed fully paid by CDS (or waived, to the extent such waiver may be required), including any Development Payments, Compounded Development Payments, Determined Disputed Costs and Compounded Disputed Costs (as all defined in the Original Agreement), further including any penalties and interest which might have accrued with respect thereto, and further including all CDS payments deferred pursuant to that February 11, 2008 letter agreement sent by CDS and executed by CDS and Alimera regarding deferral of payments under the Original Agreement as of such date; (ii) all payments owing by Alimera hereunder with respect to development activities prior to the Amendment Effective Date are hereby deemed fully paid by Alimera (or waived, to the extent such waiver may be required), including any Development Payments, Compounded Development Payments, Determined Disputed Costs and Compounded Disputed Costs (as all defined in the Original Agreement), and further including any penalties and interest which might have accrued with respect thereto; and (iii) subject to Sections 3.1.1 and 3.1.2, from and after the Amendment Effective Date, CDS will have no liability whatsoever hereunder for any past, present or future development costs, including Direct Development Costs (which includes those incurred before, on and after the Amendment Effective Date), and instead Alimera shall have sole liability therefor.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement.

  • Development of the Project 4.1 TSP's obligations in development of the Project: Subject to the terms and conditions of this Agreement, the TSP at its own cost and expense shall observe, comply with, perform, undertake and be responsible:

  • Information Systems Acquisition Development and Maintenance Security of System Files. To protect City Information Processing Systems and system files containing information, Service Provider will ensure that access to source code is restricted to authorized users whose specific job function necessitates such access.

  • Research Project 3.1 These Materials and Data will be used by Recipient's PI solely in connection with the Research Project, as named and described in the attached research application (insert Research Project name below):

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Development Work Do, or cause to be done, such development and other work as may be reasonably necessary to protect from diminution and production capacity of the Mortgaged Property and each producing well thereon.

  • Projects The Annexes attached hereto describe the specific projects and the policy reforms and other activities related thereto (each, a “Project”) that the Government will carry out, or cause to be carried out, in furtherance of this Compact to achieve the Objectives and the Compact Goal.

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE

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