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practicable, of the Liens of the Bank Lenders and the Second Mortgage Note Holders in the Soft Cost Cash Management Account and <strong>Hard Cost</strong> Cash Management Account.", "Subject to the foregoing, available funds in the <strong>Hard Cost</strong> Contingency line item may at Borrower\u2019s request be reallocated to any line item for <strong>hard costs</strong> that are under-funded until the <strong>Hard Cost</strong> Contingency has been depleted.", "The maximum principal amount of each Term Loan shall not exceed 70% of the <strong>Hard Cost</strong> of the Capital Assets to be acquired by the Borrowers with a portion of the proceeds of such Term Loan.", "The amount of the monthly payments shall be determined by applying the percentage of the <strong>Hard Cost</strong> of the Work approved for payment by DCAMM to the total amount of the Construction Period General Conditions Costs set forth in Exhibit GC, and deducting from such value any amounts previously paid to the CM on account of Construction Period General Conditions Costs.", "If Lessee has not commenced construction of the Renovation Work on or before January 1, 2023, the Required <strong>Hard Cost</strong> Amount shall be increased by the same percentage increase (if any) in the ENR Construction Cost Index (the \u201cConstruction Cost Index\u201d) during the period (the \u201cCost Adjustment Period\u201d) extending from January 1, 2023 through the month during which the construction is actually commenced.", "The \u201cRequired <strong>Hard Cost</strong> Amount\u201d for the Renovation Work means at least One Hundred Fifteen Million Dollars ($115,000,000.00)."], "related": [["standard-cost", "Standard Cost", "Standard Cost"], ["hard-costs", "Hard Costs", "<strong>Hard Costs</strong>"], ["direct-cost", "Direct Cost", "Direct Cost"], ["project-cost", "Project Cost", "Project Cost"], ["contract-cost", "Contract Cost", "Contract Cost"]], "related_snippets": [], "updated": 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