Fixed Project Costs definition

Fixed Project Costs means all pre-construction, development, and capital costs of the Project, including debt service and reserves for the payment of debt service, incurred by the Agency or District in accordance with Section 6 hereof; provided, however, Fixed Project Costs shall not include any damages or other amounts paid by the Agency or the District to the Company as indemnification payments pursuant to Section 22 of this Agreement.
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Fixed Project Costs means pre-construction, development, capital costs, including debt service and reserves for the payment of debt service, incurred by the Agency or District in accordance with Section 6 hereof as estimated in Exhibit D.
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Fixed Project Costs means MCWD’s share of all pre-construction, development, and capital costs of the Project, including debt service and reserves for the payment of debt service and replacement and renewal reserves, incurred by M1W and MCWD less any State Revolving Fund grants and FORA capital contributions received by MCWD, all as identified and calculated pursuant to the MCWD-M1W Agreement, particularly Sections 4 and 5, relating to the cost of MCWD AWT Water made available under this Agreement, which will normally be 500/600 of those costs. In addition, such capital, replacement and renewal costs to wheel recovered MCWD AWT Water through the MCWD Pipeline during the term of this Agreement.
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Examples of Fixed Project Costs in a sentence

  • The Company Water Rate in each Fiscal Year of the Agreement shall be the sum of the Fixed Project Costs and Project Operation and Maintenance Expenses budgeted for production and delivery of AWT Water in such Fiscal Year, divided by the amount of AWT Water expected to be produced during such Fiscal Year.

  • Not later than May 1 each year, the Fixed Project Costs and Project Operation and Maintenance Expenses shall be estimated by the Agency and the District for the following Fiscal Year.

  • At the request of the Agency, the Company may assist the Agency in obtaining financing for Fixed Project Costs for the Project.

  • Estimated Fixed Project Costs and Project Operation and Maintenance Expenses for the first year of project operation are attached as Exhibit D.

  • If the actual aggregate of the Fixed Project Costs and Project Operation and Maintenance Expenses will exceed the total estimated costs set forth in the CPUC Decision, the Company shall seek CPUC approval for costs in excess of those authorized.

  • If the actual aggregate of Fixed Project Costs and Project Operation and Maintenance Expense are less than the total estimated costs set forth, the rate of payment shall be reduced accordingly.

  • The District covenants and agrees to pay to the Agency the revenues received from the Company from the AWT Water Payments, provided however it will reduce the payment amount by any portion of the Fixed Project Costs and Project Operating Expenses paid directly by the District.

  • The rate of payment for Project Water shall be $ per acre-foot and is computed as the sum of Fixed Project Costs and Project Operating and Maintenance Expenses as shown in Exhibit D divided by 3,500 acre-feet.

  • Not later than May 1 each year, the Fixed Project Costs and Project Operation and Maintenance Expenses shall be estimated for the following Fiscal Year.

  • Access to the books and records of MCWD will be made available to the other Parties during MCWD’s regular business hours with at least five (5) business days prior notice in accordance with Section 41 of this Agreement for the limited purpose of reviewing the accuracy and reasonableness of the Fixed Project Costs, Project Operation and Maintenance Expenses, and water wheeling expenses payable under this Agreement.

Related to Fixed Project Costs

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Qualified Project Costs means Project Costs that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be 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 interest accrued during rehabilitation of the Projects shall be eligible to be a Qualified Project Cost as is so capitalizable and as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the rehabilitation of the Projects shall not be a Qualified Project Cost; and provided still further that if any portion of any of the Projects is being rehabilitated by an Affiliated Party (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket costs incurred by such Affiliated Party in rehabilitating the Projects (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliated Party, and (C) any overhead expenses incurred by the Affiliated Party which are directly attributable to the work performed on the Projects, 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 rehabilitation of the Projects or payments received by such Affiliated Party due to early completion of the rehabilitation of the Projects; (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 Inducement Date or the Closing Date, and (iv) if the Project Costs were previously paid and are to be reimbursed with proceeds of the Loan or the Bonds, such costs were (A) costs of issuance of the Issuer Note, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.139-2(f)(2)) with respect to the Projects (such as architectural, engineering and soil testing services) incurred before commencement of the rehabilitation of the Projects 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 Projects that are reimbursed no later than eighteen

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • 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;

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