Enhancement Costs definition
Examples of Enhancement Costs in a sentence
Except as expressly set forth in this Project Agreement and the State Agreement, JVWCD shall not seek disbursement or reimbursement from the Trust Fund for any other costs, including any Process Enhancement Costs.
The final Bonus Payment Amount and the Abandonment Consideration will be offset by all District Enhancement Costs that have been reviewed and approved by the City as of the determination date.
Developer acknowledges that it must provide an itemization of all District Enhancement Costs to the City, and the City must reasonably approve and have the ability to require any substantiating documentation for the amount of District Enhancement Costs up to and including the total amount of the Bonus Payment Amount and Abandonment Consideration.
In addition, such report shall detail the computation of Net Revenues, including the summarization of Net License Fees, and the deduction of appropriate Enhancement Costs incurred during the reporting period.
The report shall also provide a summary of such Enhancement Costs.
The Developer shall make the payment of the Bonus Payment Shortfall to the City’s Downtown Special Improvement Trust Fund (“DSITF”) and the Abandonment Consideration Shortfall to the City as the City may direct, within thirty (30) days of the end of the District Enhancement Work Period and the completion of the City’s review of any and all documentation of the District Enhancement Costs Developer has supplied to City by the end of the District Enhancement Work Period.
Such budget shall include the Standard Cost of Sales, Standard Labor Rates, Variable Overhead, Fixed Overhead, Excess Investment in Equipment Amortization and Excess Infrastructure Enhancement Costs Amortization, and other items of projected revenue and expense that are expected to comprise Distributable Cash for the fiscal period covered by the budget.
All Process Enhancement Costs are being incurred for the benefit of JVWCD and are to be paid or reimbursed by JVWCD as provided herein, and Kennecott shall have no obligation to incur costs for process enhancement in ex- cess of the amounts described in this Section 9.1.b.
The last day a deemed payment (through expenditure of District Enhancement Costs or an alternate payment of the balance of the outstanding Bonus Payment Amount made to the DSITF or the Abandonment Consideration paid to the City) can be made without an increase in the unpaid amount is December 31, 2021.
In consideration for furnishing the Facility and improving it to accommodate the Initial Lines, Sweetheart shall receive the Facility Participation, the Specified Infrastructure Enhancement Distribution and the Excess Infrastructure Enhancement Costs Amortization.