Hard Cost definition

Hard Cost means, with respect to each Capital Asset acquired by a Borrower, the cash purchase price paid by a Borrower for such Capital Asset less the aggregate amount of all soft costs (including, without limitation, all taxes, delivery and storage charges, installation charges and other charges added to such purchase price) included in the purchase price for such Capital Asset."

Hard Cost means, with respect to the purchase by Borrower of an item of Equipment, the cash amount actually paid, and the value of any property exchanged, to acquire title to such item, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, warranty costs, taxes and insurances and other incidental costs or expenses and all indirect costs or expenses of any kind incurred in connection with such purchase.

Hard Cost means all items under the category heading “Hard Cost” in the Development Budget.

Examples of Hard Cost in a sentence

• Any unused balance in the construction contingency at the time of Conversion must be used to reduce the principal amount of the HOME Loan or the senior lender loan as appropriate.5. Construction Hard Cost Financing.

• CONSTRUCTION CONTINGENCY: An amount not in excess of the lower of ten percent (10%) of the Hard Cost or such lower amount as may be determined by or the Corporation as reasonable for the construction or rehabilitation of a project.

• Hard Cost Per Unit, Hard Cost Per Square Foot, Total Project Cost Per Unit and Total Project Cost Per Square Foot are subject to the specific limitations provided in other sections of this QAP.

• MAXIMUM CONSTRUCTION COSTS (MCC) LIMITS ASSESSMENT + /- 5 PTSDevelopments whose construction costs fall below or exceed those limits as per Attachment FF-1: Maximum Construction Cost (MCC) Per Unit Certification will be subject to the following scoring adjustments: Hard Cost per unit isPointsLess than MCC limit+5 pointsEqual to or More than MCC limit by less than 10%0 pointsMore than MCC limit by more than 10%-5 points 3.

• Hard Cost – Costs directly related to the physical construction of a building in a Housing Credit Development such as construction materials and construction labor.

More Definitions of Hard Cost

Hard Cost means, with respect to the purchase by any Borrower of an item of Eligible Rental Fleet Inventory, the net cash amount actually paid to acquire title to such item, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, software costs, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind as evidenced by invoices, receipts and other documentation satisfactory to Agent in its Permitted Discretion.

Hard Cost means, with respect to the purchase by a Borrower of any Eligible M&E, the net cash amount actually paid or intercompany amounts transferred to acquire such Eligible M&E, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind.

Hard Cost means, with respect to the purchase by a Borrower of an Eligible Vessel, the net cash amount actually paid or intercompany amounts transferred to acquire such Eligible Vessel, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind.

Hard Cost means the purchase price of any equipment or molds but shall not include taxes, set-up or transportation charges, warranty costs or similar charges.

Hard Cost means only the cost of labor (including the General Contractor's Fee) and materials and does not include any architectural fees, engineering fees, design fees, legal fees, permit fees, insurance premiums and other similar "soft costs," all of which will be Tenant's sole responsibility.

Hard Cost means those costs identified as "Hard Costs" in the Budget attached hereto as EXHIBIT F.

Hard Cost shall include the cost of construction of the improvements in accordance with the Site Plan and the Plans, which shall include the building, site work, utility connections and installation, building storage tanks and installation, and landscaping, and any other development cost approved in writing by Tenant. "Soft Cost" shall include the reasonable cost of construction interest and financing, engineering fees, architectural fees, surveying fees and permit and tap fees.