Delay Costs definition

Delay Costs means those items of Cost of the Work attributable to an Excusable Delay for which the Owner is responsible and which are payable by the Owner to the Design/Builder pursuant to a Change Order as provided in Article 6.
Delay Costs means the Delay Return applicable to the amount that results from subtracting (i) the sum of all Development Costs incurred in the development and construction of Stage 1 from (ii) the sum of all Development Costs incurred in the development and construction of the Building as of the date on which Tenant delivers Tenant's Delay Notice to Landlord (such amount, the “Stage 2 Interim Development Costs”); and (b) the term “Delay Return” means a return of [*****] per annum on the Stage 2 Interim Development Costs, relative to the time period commencing on the original Target Date for Phase 4 specified in Schedule 6 attached hereto and ending on the day immediately prior to the delayed Target Date for Phase 4.
Delay Costs means costs payable to the Contractor for delay and disruption in accordance with Clause 19.8(a).

Examples of Delay Costs in a sentence

  • Delay Costs do not include any costs that Developer can or could reasonably mitigate.

  • Deferral of Compensation means the election of IFA to pay Extra Work Costs or Delay Costs through any one of the following or a combination thereof: (a) Extension of the Term; (b) Adjustment of the Availability Payment; or (c) Periodic payments over the Term.

  • Claim Deductible means the following amounts, as applicable: (a) the first $40,000 of Extra Work Costs, subject to adjustment as provided in Section 15.6.2.3 of the Agreement; and(b) the amount equal to the Delay Costs for (i) the first three days of delay for Relief Events occurring before the Substantial Completion Date and (ii) the first seven days of delay for Relief Events occurring on and after the Substantial Completion Date.

  • The Contractor shall follow the Procedures for Utility Damages or Delay Costs outlined in the latest edition of The Utility Accommodation Policy and Standards Manual.

  • Design and Construction Costs means the cost for the D&C Work of the Project as set forth in the Schedule of Values, as may be amended to reflect Supplemental Agreements and Unilateral Payments for Delay Costs and Extra Work Costs related to the D&C Work.


More Definitions of Delay Costs

Delay Costs has the meaning given to such term in Section 2.9(f);
Delay Costs means the costs recoverable for Delay pursuant to Section 10.1.5.2 of the Agreement.
Delay Costs means the sum of the Retention Rents, Relocation Costs and Liquidated Damages, all as defined below:
Delay Costs means indirect costs incurred by Project Company as a sole and direct result of a delay, including extended overhead, unabsorbed home office overhead, idle labor and equipment costs, additional storage costs, and labor and material cost escalation, but excluding costs relating to the Project Debt and as otherwise calculated under Schedule 15 – Costs Schedule.
Delay Costs means those items of Cost of the Work attributable to an Excusable Delay for which CITY is responsible and which are payable by CITY to CONTRACTOR pursuant to a Change Order as provided in Article 6.
Delay Costs has the meaning ascribed thereto in Section 25.8. (pp) “Delay Event” has the meaning ascribed thereto in Section 25.1.
Delay Costs means the amount payable by the State to the Operator in respect of a Compensable Extension Event calculated in accordance with Clause 14.9.