PROJECT FINANCING AND EXPENSES SCHEME Sample Clauses

PROJECT FINANCING AND EXPENSES SCHEME. The Recipient further designates the Project's estimated financial resources and estimated costs certified to the OPWC under this Agreement for the Project as defined and described in Appendix A of this Agreement to consist of the following components:
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PROJECT FINANCING AND EXPENSES SCHEME. The Recipient further designates the Project’s estimated financial resources and estimated costs certified to the OPWC under this Agreement for the Project to consist of the following components: Project Estimated Costs a) Engineering 13,410 b) Construction Administration 0 c) Right-of-Way 0 d) Construction 93,550 e) Permits, Advertising, Legal 1,260 f) Construction Contingencies 9,055 Total Estimated Costs 117,275 Project Financial Resources a) Local Resources In-kind/Force Account 0 Local Revenues 37,275 Public Revenue – ODOT/FHWA 0 Public Revenue – OEPA/OWDA 0 Public Revenue – Other 0 Total Local Resources 37,275 b) OPWC Funds 80,000
Sample 1
PROJECT FINANCING AND EXPENSES SCHEME. The Recipient further designates the Project’s estimated financial resources and estimated costs certified to the OPWC under this Agreement for the Project to consist of the following components: Project Estimated Costs a) Engineering 236,440 b) Construction Administration 95,855 c) Right-of-Way 0 d) Construction 1,742,820 e) Permits, Advertising, Legal 71,695 f) Construction Contingencies 174,282 Total Estimated Costs 2,321,092 Project Financial Resources a) Local Resources In-kind/Force Account 0 Local Revenues 0 Public Revenue – ODOT/FHWA 0 Public Revenue – OEPA/OWDA 250,000 Public Revenue – Other 250,000 Total Local Resources 500,000 b) OPWC Funds 1,768,247 Total Financial Resources 2,268,247 Ohio Public Works Commission PROMISSORY NOTE $ 1,768,247 Village of Ashville July 1, 2022 CQ11Z FOR VALUE RECEIVED, the undersigned (the "Recipient") promises to pay to the order of the Ohio Public Works Commission (hereinafter the "Lender," which term shall include any holder hereof), at its office located at 00 X. Xxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx, XX 00000, or at such other place as the holder hereof may designate in writing the principal sum of $ 1,768,247 or so much thereof as shall be advanced by Lender and remain unpaid, together with all costs herein provided following Project completion and thereon until said amounts have been paid in full at a rate equal to 0% per annum. Principal due under this Note shall be payable as follows. The first payment due shall be made on the last business day in January or the first day in July following the date of Project completion, whichever date first occurs. Thereafter, payments are due the last business day in January or the first day in July for the term of the loan. Principal shall be due and payable in equal consecutive semi-annual installments accordingly until maturity. Subject to adjustment as provided herein, the amount of each such semi-annual installment of principal shall be the amount which would fully amortize the unpaid principal balance of the indebtedness evidenced by this Note, such amortization to be based upon (i) an amortization period of 30 years commencing on the date of the first payment. The Recipient acknowledges that if the semi-annual payments set forth above do not fully amortize this Note, the payment due on the Maturity Date will be a final payment, consisting of the entire unpaid principal balance hereof. If Recipient shall fail to make any payment when due, and the same is not corrected ...
Sample 1

Related to PROJECT FINANCING AND EXPENSES SCHEME

  • Transaction Costs Borrower shall have paid or reimbursed Lender for all title insurance premiums, recording and filing fees or taxes, costs of environmental reports, Physical Conditions Reports, appraisals and other reports, the fees and costs of Lender's counsel and all other third party out-of-pocket expenses incurred in connection with the origination of the Loan.

  • Transition and Expenses If the Asset Representations Reviewer resigns or is removed, the Asset Representations Reviewer will cooperate with the Issuer and take all actions reasonably requested to assist the Issuer in making an orderly transition of the Asset Representations Reviewer’s rights and obligations under this Agreement to the successor Asset Representations Reviewer. The Asset Representations Reviewer will pay the reasonable expenses (including the fees and expenses of counsel) of transitioning the Asset Representations Reviewer’s obligations under this Agreement and preparing the successor Asset Representations Reviewer to take on such obligations on receipt of an invoice with reasonable detail of the expenses from the Issuer or the successor Asset Representations Reviewer.

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