CO Cost definition

CO Cost means, in respect of any Change Order, the aggregate sum of (i) all costs incurred or to be incurred by any Borrower Party in respect thereof plus (ii) any Assumed Interest Expense, fees or other costs attributable to a delay in any Major Milestone Date as a result of such Change Order plus (iii) any other cost incurred by any Borrower Party directly or indirectly as a result of such Change Order.

Examples of CO Cost in a sentence

  • Such response from Contractor shall also include Contractor’s notice of its estimated costs to prepare a proposed final Change Order if such costs are estimated to exceed the CO Cost Threshold.