Development and Construction Budget definition

Development and Construction Budget means the budget established by Seller for the development and construction of the Project that describes in reasonable detail: (i) the sources of funds; and (ii) the anticipated Project Costs and credits for and in support of the Project up to and including the Commercial Operation Date. The Development and Construction Budget will be substantially in the form of Exhibit 5.5(b).
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Development and Construction Budget means the budget and completion schedule for the Project set forth as Exhibit B and more fully described in Section 3.1(a) hereof, as amended in accordance with terms hereof, from time to time.
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Development and Construction Budget means. the budget approved by the Borrower and Lender that includes all Development and Construction Costs.
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Examples of Development and Construction Budget in a sentence

  • Xxxxxxxxx Printed Name: Xxxx Xxxxxxxx Title: Manager Title: CEO List of Exhibits Exhibit A “Property” Exhibit B Development and Construction Budget Exhibit C Project Schedule Exhibit D Project Team Exhibit A Property EXHIBIT A LEGAL DESCRIPTION FOR GREENSPRING PARTNERS, LP All that certain tract of land situate in the Township of Conewago, County of York, Commonwealth of Pennsylvania, being a portion of lands now or formerly owned by Xxxx X.

  • Seller may revise the Development and Construction Budget from time to time to reflect changes in design of the Project and/or changes in Project Costs and credits, and shall promptly provide a copy of each revised Development and Construction Budget to Buyer.

  • Seller shall give Buyer at least 30 Days’ Notice of its intention to increase or decrease the amount of Project Debt to be included in the Development and Construction Budget together with an explanation in reasonable detail setting forth the need for the increase or decrease.

  • The Advance for all other Development and Construction Costs as set forth in the General Contract shall be disbursed by Lender on behalf of the Enterprise (TF) upon presentation of documentation verify the purposes therefor in accordance with the Development and Construction Budget.

  • Upon completion the assessment can be shared and discussed with the PCC in more detail.

  • The Development and Construction Budget will include Project Debt.

  • Royal Palm shall prepare, for approval by the Venture, a Development and Construction Budget prior to implementing any such activity (the "D&C Budget").

  • In addition, at the sole expense of the Company, pursuant to the approved Design, Development and Construction Budget, the Manager shall take commercially reasonable steps to cause the Company to procure and maintain insurance during construction that conforms to reasonable industry standards; such insurance shall conform to the applicable requirements of Paragraph (l) of Schedule 3.4 (e.g., Holding being an additional insured, thirty (30) day notice of cancellation, etc.).

  • CADC shall prepare, for approval by the Venture, a Development and Construction Budget prior to implementing any such activity (the "D&C Budget").

  • Subject to any requirements of the Commission from time to time, Seller may change the Contract Price, or any component thereof, based on changes to the Development and Construction Budget or the Operating Budget, or based on actual Project Costs and credits incurred by Seller.

Related to Development and Construction Budget

  • 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.

  • 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.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • 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.

  • 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.

  • Pre-Construction Phase Services means the participation, documentation and execution of Contractor’s Pre-Construction Phase deliverables as required by this Agreement and further defined in Article 5.

  • 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.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Development Project means a project for the development of land within a

  • Direct Construction Cost means the sum of the amounts that the Construction Manager actually and necessarily incurs for General Conditions Costs, Cost of the Work and Construction Manager’s Contingency during the Construction Phase as allowed by this Agreement. Direct Construction Cost does not include Pre-Construction Phase Fees or Construction Phase Fees.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

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

  • Project Implementation means all steps which the Grantee undertakes in order to deliver the Project which is being supported by funding provided under this Grant Contract. Any reference to UK primary legislation (Acts) or secondary legislation (Statutory Instruments) in this Grant Contract includes reference to any changes to or replacement of those Acts or Statutory Instruments.

  • WTO GPA country construction material means a construction material that—

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

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Project Improvements means site improvements and facilities that are:

  • Redevelopment project means a specific construction project

  • The constructional plant means all appliances, tools, plants or machinery or whatsoever nature required in or about the execution, completion or maintenance of the works but does not include materials or other things intended to form part of the permanent work.

  • Construction Activities means the disturbance of soils associated with clearing, grading, excavation activities or other construction-related activities.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1(b) of Schedule 2 to this Agreement.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.