Base Project Costs definition

Base Project Costs. The Borrower’s estimate as of the Guarantee Issuance Date of total Project Costs, which is an aggregate amount of eight billion six hundred sixty-seven million twenty-five thousand seventy-five Dollars ($8,667,025,075).

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Base Project Costs has the meaning set forth in the Common Agreement.

Base Project Costs. The Borrower’s estimate as of the Common Agreement Date of Total Project Costs, in the aggregate amount of $69,019,230 (which, for avoidance of doubt, includes [*****] of budgeted Overrun Contingencies). “Borrower” Stephentown Regulation Services LLC, a limited liability company organized and existing under the laws of the State of Delaware.

Examples of Base Project Costs in a sentence

The Equity Contributor irrevocably commits to provide Base Equity in the aggregate amount of (i) 27% of all Eligible Base Project Costs, plus (ii) 100% of all Ineligible Base Project Costs.
Based on conditions existing as of the date this representation is being made, the Borrower reasonably expects that the total funding available to the Borrower (through the FFB Credit Facility Commitment and other sources of funding for Base Funding and Overrun Funding) will be sufficient to fund (i) the Base Project Costs and (ii) all Overrun Project Costs that are reasonably expected to be incurred.
Those portions of Project Costs that are not Eligible Project Costs, including Ineligible Base Project Costs and Overrun Project Costs.
Then, after both such funding services have been fully used up, Landlord shall pay for Base Project Costs out of the proceeds of the Interim First Mortgage Loan (Construction Loan Segment) up to the original principal amount thereof.
Landlord shall first pay for Base Project Costs (a) 50% out of Landlord's Contribution and 50% out of the Second Mortgage Loan proceeds in increments as work progresses and (b) then, once Landlord's Contribution has been exhausted, 100% out of the Second Mortgage Loan proceeds in such increments until they are exhausted.
The Borrower may request an Advance no more frequently than once per calendar month; provided, however, that the Borrower may request one additional Advance in any calendar month that includes a Principal Payment Date, but only for the purpose of paying interest owing on the outstanding DOE Guaranteed Loan that constitutes Eligible Base Project Costs.
The Equity Investor shall make Equity Contributions to pay for Eligible Base Project Costs in respect of the Base Equity Commitment on or prior to the date that is nine (9) Business Days prior to each Requested Advance Date, in an amount such that, after giving effect to all Advances to be made on such Requested Advance Date and any Approved Pre-Closing Equity Credit Balance, the Debt-to-Equity Contribution Ratio is not more than 79:21.

More Definitions of Base Project Costs

Base Project Costs means all Project Costs, including Eligible Project Costs, expected to be incurred to achieve Project Completion, as agreed to by the Borrower and DOE, and as set forth in the Base Case Projections as of the Guarantee Agreement Date.

Base Project Costs means the equivalent of USD1,085,600,000.

Base Project Costs means the equivalent of USD704,000,000. “Board of Directors” means:

Base Project Costs means the equivalent of USD704,000,000.