Company Grant Project Budget definition

Company Grant Project Budget means the Grant Project Budget (which is $3,416,180) minus the sum of (1) any costs incurred by the Counties related real estate and easement acquisition in connection with new Public Broadband Tower sites and (2) legal fees now owed or incurred in the future related to the Project. Outside legal fees for services provided to the Counties for the project and to be drawn from the Company Grant Project Budget shall not exceed $50,000.00.
Sample 1Sample 2Sample 3

Examples of Company Grant Project Budget in a sentence

  • However, Section 6(a) of the Comprehensive Agreement does allow each County, in its sole discretion and at its own sole option, to choose to fund Third-Party Tower rent as a capital expense under the Company Grant Project Budget in cases where there are significant identifiable savings compared to new Vertical Asset installation and no significant benefit or advantage to Customers in constructing an new Vertical Asset to serve the same general area.

  • Pursuant to Section 2(f) of the Comprehensive Agreement, expenses for providing licensed microwave links may be paid for from the Company Grant Project Budget, with the understanding that, unless the Counties expressly agree otherwise in writing, no more than $200,000 of the Company Grant Project Budget shall be spent on licensing of spectrum from the FCC, including, but not limited not, CBRS, educational spectrum, and TVWS.

  • Customer Premise Equipment shall be purchased by the Company with its own funds or by the Customer, but not with (i) any funds from the Company Grant Project Budget or (ii) other public funds.

  • Any funding beyond what is available in the Company Grant Project Budget must be provided by the Company at its own expense.

  • If the Counties upgrade the specifications solely for the purpose of adding additional users to the Tower, such as public safety or additional wireless service providers, then the costs of any upgrade shall be borne by the relevant County and shall not come out of the Company Grant Project Budget.

  • The Company represents, warrants, and covenants that the Company has the capability to, expects to, and will achieve the Project Requirement within the Company Grant Project Budget and its own funds, except to the extent that (i) one or more new Broadcast Sites are not built pursuant to the provisions of Section 8(b)(4) of this Agreement or (ii) the Counties discontinue the build-out of the Project pursuant to Section 10(b) and such action by the Counties is not based on any Default by the Company.

  • The Company understands and agrees that although each County may, in its sole discretion, choose to appropriate funds to increase the Company Grant Project Budget, neither County shall have any obligation to do so.

  • Except as allowed for by a County in its sole discretion pursuant to Section 6(a), in no event shall leases for Third-Party Towers be paid for with funds from the Company Grant Project Budget.

  • Phase 1 (February 14, 2020)Phase 2 (February 5 [first Friday], 2021)Phase 3 (February 4 [first Friday], 2022) Provide detailed narrative outlining RiverStreet’s plan for timely achieving the Project Requirement within the Company Grant Project Budget and any additional funds to be provided by the Company, including future proposed phases of the Project.

  • An example of an upgrade to be provided for from the Company Grant Project Budget would include, but not be limited to, upgrading to a free- standing tower to better fit on a site with limited space in order to avoid land acquisition or site work.

Related to Company Grant Project Budget

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Project area budget means a multiyear projection of annual or cumulative

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Approved Budget means an annual budget-

  • Qualifying project means (i) any education facility, including, but not limited to a school building, any functionally related and subordinate facility and land of a school building (including any stadium or other facility primarily used for school events), and any depreciable property provided for use in a school facility that is operated as part of the public school system or as an institution of higher education; (ii) any building or facility that meets a public purpose and is developed or operated by or for any public entity; (iii) any improvements, together with equipment, necessary to enhance public safety and security of buildings to be principally used by a public entity; (iv) utility and telecommunications and other communications infrastructure; (v) a recreational facility; (vi) technology infrastructure and services, including, but not limited to, telecommunications, automated data processing, word processing and management information systems, and related information, equipment, goods and services; (vii) any technology, equipment, or infrastructure designed to deploy wireless broadband services to schools, businesses, or residential areas; or (viii) any improvements necessary or desirable to any unimproved locally- or state-owned real estate.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Eligible Projects means projects as described in Schedule B.

  • Redevelopment project means a specific construction project

  • Base Building Work means the base building work for the Building as described in this Manual.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • PIP means personal injury protection coverage provided as part of an automobile insurance policy issued in New Jersey. PIP refers specifically to provisions for medical expense coverage.

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of the interest accrued during construction of the Project shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the construction of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of- pocket costs incurred by such affiliate in constructing the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion there); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the date of a declaration of “official intent” to reimburse costs paid with respect to the Project (within the meaning of §1.150-2 of the United States Treasury Regulations) or the date of issue of the Bonds, and (iv) if the costs of the construction of the Project were previously paid and are to be reimbursed with proceeds of the Bonds such costs were (A) costs of issuance of the Bonds, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.150-2 (F) (2)) with respect to the Project (such architectural, engineering and soil testing services) incurred before commencement of construction of the Project that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Project that are reimbursed no later than eighteen (18) months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three (3) years after the expenditures is paid).

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Total Project Costs means the total amount of money required to complete the Project.