Acquisition and Construction Costs definition

Acquisition and Construction Costs means all costs of or reimbursement for acquisition and construction of the Project, including but not limited to, engineering costs and costs of feasibility, environmental and other reports, inspection costs, permit fees, filing and recording costs, and sales and use taxes.
Sample 1
Acquisition and Construction Costs means all costs for the payment of, or reimbursement for, acquisition, construction and installation of the 2020 Project, including but not limited to, architect and engineering fees, construction contractor payments, costs of feasibility and other reports, inspection costs, performance bond premiums, permit fees, legal and consultant costs, and administrative costs.
Sample 1
Acquisition and Construction Costs means the purchase prices for the acquisition of the property and easements which are necessary for the construction and installation of the Project and the contract prices paid or to be paid for the design, acquisition, construction, installation or delivery of any portion of the Project and related facilities, in accordance with a purchase or construction contract therefor. Acquisition and Construction Costs include any other administrative, engineering, legal, financial and other costs incurred by the City or the Department in connection with the construction of the Project, including costs incurred prior to the date of this Agreement.
Sample 1

Examples of Acquisition and Construction Costs in a sentence

  • In this Loan Agreement the following terms have the following respective meanings unless the context hereof clearly requires otherwise: Acquisition and Construction Costs: all direct capital costs authorized by the Act and the Code paid to design and construct the Project, including, but not limited to, site development and construction, reconstruction and renovation costs and all costs of labor, material and services paid or incurred by the Borrower, but not including overhead expenses of the Borrower.

  • Borrower shall use the City Loan exclusively for the payment of, or reimbursement for, those portions of the Acquisition and Construction Costs designated as permanent financing costs in the Project Budget approved by the City's Administrator or his or her designee, such payment of, or reimbursement for, Acquisition and Construction Costs to be made only after the same have been incurred by Borrower or as may otherwise be provided in the Project Budget.

  • In the event said amount in the Project Account is insufficient to pay the Acquisition and Construction Costs for the Project, the District agrees to contribute the amount necessary to pay the balance of the Acquisition and Construction Costs.

  • They considered that subject of FAFE is very beneficial when included in the course curriculum of accounting, especially for building the character, knowledge, and skills of forensic accountants.

  • The sum of the amounts actually provided by the sources set forth in paragraph 2, above, shall be sufficient to pay all Acquisition and Construction Costs, as set forth in the most recently approved Project Budget.

  • The estimated cost of the 2019 Project to be defrayed with the proceeds of the Series 2019 Bonds, including, without limitation, Costs of Acquisition and Construction, Costs of Issuance and any deposit therefrom into the Series 2019 Debt Service Reserve Fund to be made hereunder, does not exceed $15,000,000.

  • Furthermore, we can document who are interactive traders in Chinese stock market using proprietary data and public trade data.

  • Indemnitee will serve or continue to serve as an officer, director or key employee of the Company for so long as Indemnitee is duly elected or appointed or until Indemnitee tenders his resignation or until Indemnitee's services to the Company are otherwise terminated.

  • These have the necessary BESS to provide grid stability and smooth out the solar PV output (but not suitable for long-term storage or load shifting).

  • To the extent that actual Acquisition and Construction Costs exceed the sum of those amounts provided by the above sources, Borrower shall increase the amount of Borrower’s Equity or obtain other financing acceptable to the Administrator or his/her designee in order to fully fund such cost overruns.

Related to Acquisition and Construction Costs

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Construction and demolition debris means and includes:

  • Existing construction means any structure for which the "start of construction" commenced before the effective date of the initial floodplain management code or ordinance adopted by the community as a basis for that community's participation in the NFIP.

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the project, and (ii) the cumulative payments made by the developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Pipeline Construction means a substantial disturbance to agricultural land associated with installation, replacement, removal, operation or maintenance of a pipeline, but shall not include work performed during an emergency. Emergency means a condition where there is clear and immediate danger to life or health, or essential services, or a potentially significant loss of property. When the emergency condition ends, pipeline construction will be in accordance with these rules.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Original construction ’ shall mean the first or initial construction

  • Caribbean Basin country construction material means a construction material that—

  • Construction and demolition waste means the waste building materials, packaging, and rubble resulting from construction, remodeling, repair, and demolition operations on pavements, houses, commercial buildings and other structures.

  • Erection, construction, remodeling, repairing means all types of work done on a particular building or work at the site thereof in the construction or development of the project, including without limitation, erecting, construction, remodeling, repairing, altering, painting, and decorating, the transporting of materials and supplies to or from the building or work done by the employees of the Contractor, Subcontractor, or Agent thereof, and the manufacturing or furnishing of

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Cost of Construction means the total cost to Owner of those portions of the entire Project designed or specified by the Design Professional. Cost of Construction does not include the Design Professional's compensation and expenses and Owner's expenses associated with the Project or the cost of other services to be provided by others to the Owner.

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Commencement of Construction means the commencement of construction of foundation components or elements (such as footings, rafts or piles) for the home.

  • WTO GPA country construction material means a construction material that—

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Acquisition Cost means the cost to acquire a tangible capital asset including the purchase price of the asset and costs necessary to prepare the asset for use. Costs necessary to prepare the asset for use include the cost of placing the asset in location and bringing the asset to a condition necessary for normal or expected use.

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Contribution in aid of construction, as used in this subrule, means a nonrefundable cash payment grossed-up for the income tax effect of such revenue covering the costs of a distribution main extension or service line that are in excess of costs paid by the utility. The amount of tax shall be reduced by the present value of the tax benefits to be obtained by depreciating the property in determining the tax liability.

  • Least developed country construction material means a construction material that—