BE Board definition
Examples of BE Board in a sentence
Failing resolution by such officers, the escalation process shall be to the (i) CDOT Executive Director, HPTE Director, and BE Director (or the BE Director’s designee); then to the (ii) Transportation Commission, HPTE Board of Directors, and BE Board of Directors.
Approval of the terms and conditions of the final C-70 Project Agreement by the BE Board of Directors and the HPTE Board of Directors shall each be a prerequisite to execution of the C-70 Project Agreement (the date of such execution being “Commercial Close.”).
Approval of the BE Board of Directors shall be a further prerequisite to BE’s execution of the Financing Agreements.
The total amount payable by BE, including BE’s contribution to Pre-Development Costs, construction period Milestone Payments, and repayment of the CPP (assuming a maximum compliant bid equal to the Upset Limit), have been sized to comply with the $850 million (NPV) BE funding commitment to the Project approved by the BE Board of Directors in August 2015.
The Parties agree and acknowledge that the Pro- Rata Construction Cost Calculation shall be based upon the Eligible Cost Breakdown to be provided by the Developer on Form D-2 to Part H of the Instructions to Proposers contained in the RFP, which incorporates the CBE Funding Eligibility Criteria approved by Resolution #BE- 15-8-2 of the BE Board of Directors on August 20, 2015.
The EOC shall also advise the C-70 Project Director on matters to be referred to the Transportation Commission, BE Board of Directors and the HPTE Board of Directors.
Approval of the BE Board of Directors shall be a further prerequisite to BE’s execution of the Supplemental Indenture and the Central 70 Note.
The C-70 Project Director, with cooperation and assistance from HPTE, shall provide quarterly updates to the Transportation Commission, BE Board of Directors and the HPTE Board of Directors through Final Acceptance.