Actual Project Costs definition

Actual Project Costs means costs of the kind or type itemized and approved by MHRC as set out in Schedule “A”, Part 2 and actually incurred by the Recipient;

Actual Project Costs means the actual Project Costs for the Project as identified in the submittal discussed in Paragraph III A of this Agreement.

Actual Project Costs or APC shall mean, subject to any limits on costs as set forth below, all costs and expenses incurred by TCO, including trailing costs up to twelve months subsequent to the Actual In-Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project facilities, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, (c) all direct and allocated internal overhead and administrative costs, and (d) an allowance for funds used during construction (“ AFUDC”) computed in accordance with regulations of the FERC. TCO shall maintain books and records reasonably necessary for Shipper to verify the APC. The Parties acknowledge that TCO’s formal books and records that conform with the FERC and accounting policies and guidelines may not match the APC used to determine Xxxxxxx's adjusted Daily Demand Rate.

Examples of Actual Project Costs in a sentence

• For Construction Costs that exceed the Construction Cost Cap Amount, the Designated Entity shall not recover any Construction Costs nor shall it earn any ROE on such amounts.- ROE Incentive to Actual Project Costs Less Than Project Bid.

• Thirty days before the date by when Total Completion is required to occur according to clause 2.01(b), the Recipient must provide MHRC with an unaudited statement of the Actual Project Costs incurred to that date, and the Estimated Project Costs still to be incurred, up to Total Completion.

• Every time MHRC receives a request for advance that includes the requisite documentation, MHRC may inspect one or more of the Land, the Housing Complex and the Recipient's Project records to determine if the work completed is consistent with the status report and itemized listing of Actual Project Costs submitted with the request and otherwise complies with this Agreement.

• If the Audited Statement of Costs indicates that the net Actual Project Costs are less than the total Estimated Project Costs, instead of releasing the last [$0.00 (same sum as ss.6.14)], MHRC will only release an amount equal to the net Actual Project Costs less what MHRC has already advanced.

• SECTION 4.00 - MHRC LOAN 4.01 MHRC agrees to make a forgivable loan to the Recipient of up to the amount set out in Schedule "A", Part 4, item 4 for the purpose paying Actual Project Costs.

More Definitions of Actual Project Costs

Actual Project Costs shall have the meaning specified in Section 7.1.

Actual Project Costs means the actual costs to complete the Construction pursuant to the Constructor’s Contract.

Actual Project Costs has the meaning set forth in Recital E of the Preliminary Statement to the Participation Agreement.

Actual Project Costs means the amount of Project Costs actually incurred by the Grant Recipient in the Site acquisition and/or Delivery of the RSAP Dwellings comprised in each Named Project as such amount is warranted and certified by the Grant Recipient pursuant to Condition 10.2.3;

Actual Project Costs or APC shall mean, subject to any limits on costs as set forth below, all costs and expenses incurred by Transporter including trailing costs up to twelve months subsequent to the Actual In-Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project facilities, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, (c) all direct and allocated internal overhead and administrative costs, and (d) an allowance for funds used during construction (“AFUDC”) computed in accordance with regulations of the FERC. Transporter shall maintain books and records reasonably necessary for Shipper to verify the APC. The Parties acknowledge that Transporter’s formal books and records that conform to the FERC and accounting policies and guidelines may not match the APC used to determine Shipper’s adjusted Daily Demand Rate.

Actual Project Costs or APC shall mean, subject to any limits on costs as set forth below, all costs and expenses incurred by TCO, including trailing costs up to twelve months subsequent to the Actual In-Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project facilities, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, (c) all direct and allocated internal overhead and administrative costs, and (d) an allowance for funds used during construction ("AFU DC") computed in accordance with regulations of the FERC. TCO shall maintain books and records reasonably necessary for Shipper to verify the APC. The Parties acknowledge that TCO's formal books and records that conform with the FERC and accounting policies and guidelines may not match the APC used to determine Xxxxxxx's adjusted Daily Demand Rate. "Capital Cost Overrun" or "CCO" shall be an amount in U.S. dollars equal to the difference between the Actual Project Costs and the Estimated Project Costs, if Actual Project Costs exceed Estimated Project Costs.

Actual Project Costs means costs of the kind or type itemized and approved by MHRC as set out in Appendix “A”, Part 2 and actually incurred by the Developer;