Cost Overruns definition

Cost Overruns. The meaning set forth in the Development Agreement.
Cost Overruns. (a) Any Project Construction Costs and Development Costs over and above those set out in the Investment and Financing Plan;
Cost Overruns shall have the meaning set forth in Section 12.1 of this Agreement. “County” shall have the meaning set forth in the Recitals of this Agreement.

Examples of Cost Overruns in a sentence

  • PBOT will provide Prosper Portland the right to review and approve the design for the NW Park Work in the following circumstances: (a) if there are any material changes to the preliminary engineering plans for the NW Park Work that were included in the Master Plan; or (b) if PBOT identifies the potential for material Cost-Overruns (as defined in Section 5.3, below) associated with any aspect of the NW Park Work.

  • A “significant” impact is one that may cause Cost-Overruns, or delay completion of the any aspect of the Projects for more than six months.


More Definitions of Cost Overruns

Cost Overruns shall have the meaning set forth in the Development Agreement. “County” shall have the meaning set forth in the Recitals to this Agreement. “County Bonds” shall have the meaning set forth in the Development Agreement. “Deficiency” shall have the meaning set forth in Section 3.4(f) of this Agreement.
Cost Overruns means any amounts by which actual Total Project Costs exceed the amount of Total Project Costs that were included in the Project Budget.
Cost Overruns means those Public Improvement Project Costs that exceed the budget cost set forth in the SAP(s) plus the Developer Cash Contribution.
Cost Overruns means the amount, if any, by which the aggregate amount of Actual Development and Construction Costs (defined below) for the Project exceeds the aggregate amount of Budgeted Development and Construction Costs (defined below) for the Project.
Cost Overruns means any expenses incurred by Battelle that exceed the sum of the Project Plan Fixed Cost and the planned costs set forth in all associated Scope Change Orders.
Cost Overruns means the amount of any and all construction costs for CityCenter that exceed $8,485,638,000 in the aggregate.
Cost Overruns means with regard to any particular construction phase or component of construction and start-up of the Project, the amount by which costs in respect of such construction phase or component exceed amounts allocated thereto in the Project Budget, as determined by the Independent Technical Consultant taking into account the contingency amount included in the Project Budget.