Aggregate Project definition
Examples of Aggregate Project in a sentence
Notwithstanding the foregoing, all payments made or due by Owner to Contractor pursuant to an agreement for Other Work without regard to the terms of such agreement for Other Work, shall become part of the Aggregate Project Sum as defined in Article 4.
Interest or collection costs paid hereunder shall not be applied to the Aggregate Project Sum.
The parties agree that the Aggregate Project Sum and the Annual Project Sum for the first Contract Year shall include but are not limited to the amounts for Work performed by Contractor subsequent to the date of this Agreement for Projects listed on Exhibit A, attached hereto and incorporated herein.
Further, the parties agree that Owner shall have met all commitments hereunder when the total Aggregate Project Sum reaches Five Hundred Million Dollars ($500,000,000.00) which may occur at any time during the Term.
If Contractor refuses or fails to accept any Work Order prior to such time, the value of the Work Order (including the applicable Contractor's Fee) shall be added as a credit to the Aggregate Project Sum as if such Work Order had been accepted and performed by Contractor pursuant to the terms of this Agreement.
Use of account-based Offerings with a Token rate based on Represented Aggregate Project Value or any other enterprise unlimited model that are separately included in Your Token Flex Program will not trigger Token consumption for ACC Daily.
Owner hereby agrees to execute sufficient Work Orders and agreements for Other Work with Contractor under this Agreement so that the Annual Project Sum shall total no less than Forty Million Dollars ($40,000,000.00) per Contract Year and the Aggregate Project Sum shall total no less than Three Hundred Twenty Five Million Dollars ($325,000,000.00) during the Term.
Owner shall have the right to unilaterally terminate this Agreement upon its payment of the Aggregate Project Sum to Contractor.
The Project Commitments shall terminate in their entirety at the earliest of (i) full utilization of the Aggregate Project Commitment and (ii) the earlier of (x) the Date Certain and (y) the 60th day following the Second Completion Date, unless earlier terminated by the Administrative Agent pursuant to Section 8.01 following the occurrence and during the continuation of a Borrower Event of Default.
All payments received hereunder shall be applied first to accrued Development Fee as of the date of payment and second to the outstanding Aggregate Project Costs.