Aggregate Development Cost definition

Aggregate Development Cost means any and all costs and expenses incurred to cause the Project to be Completed including all Construction Costs and any other costs and expenses incurred or otherwise payable by or on behalf of the Project Company in connection with (i) the due diligence for, and the bidding and acquisition of, the Target Land, (ii) the design and engineering of the Project, (iii) any and all permits, licenses, authorizations and other governmental approvals obtained by or on behalf of the Company in connection with the acquisition of the Target Land and the development and construction of the Target Land, (iv) the construction of the project on the Target Land and any related on-site and off-site improvements and infrastructure (including all amounts payable to the general contractor, subcontractors, suppliers and other persons providing work, services, material of equipment for the Project), and (v) interest on any of the amounts described in this definition payable under the Onshore Financing or other financing obtained by the Project Company for the development and construction of the Project.
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Aggregate Development Cost has the meaning set forth in Section 6.9.
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Examples of Aggregate Development Cost in a sentence

  • Notwithstanding the foregoing, the Aggregate Development Cost excludes: (i) labor charges for overtime work or other costs associated with Landlord's Construction as a result of work performed otherwise than during normal business hours, except that ,5 overtime charges and costs incurred with respect to the construction of the stairwell shall be applied against the Aggregate Development Cost; and (ii) any costs incurred in connection with floor leveling.

  • Expenses paid directly from such funds shall be excluded from Aggregate Development Cost, to the extent of the amount so paid.

  • Landlord shall provide Tenant an Allowance not to exceed $439,575 to be applied to all costs ("Aggregate Development Cost") incurred by Landlord in performing all of its obligations under this Schedule A.

  • Provisions of this Leasehold Improvements Agreement which require that Landlord pay an expense or provide a service or thing at its expense are not intended to affect, or to exclude such expenses from, the definition of "Aggregate Development Cost" set forth in the Lease (upon which Monthly Base Rent is to be based, as therein provided) or to imply that Landlord is not entitled to obtain reimbursement for such expenses to the extent provided herein or in the Lease.

  • If the approved Pricing Summary shows that the Aggregate Development Cost will exceed the Allowance, Tenant shall have the option of making changes to the Construction Drawings so as to reduce or eliminate the amount of the Shortfall.

  • The components of the Aggregate Development Cost are more specifically identified in the Pricing Summary attached hereto as Exhibit 1.

  • Such written notice shall be accompanied by a detailed statement of such revised Aggregate Development Cost or final Phase I Project Cost.

  • Subject to the provisions of Section 0, Landlord shall also pay the entire cost of satisfying any conditions imposed by the City of San ▇▇▇▇▇▇ on the approval of such applications, all of which cost shall be a part of both Aggregate Development Cost and either Phase I Project Cost or Phase II Current Costs, as appropriate.