Improvement Costs definition

Improvement Costs means the sum of: (i) the Planning Costs; (ii) the Construction Costs; and (iii) the Construction Management Fee.

Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

Improvement Costs means any additional expenditure on a fixed asset that substantially increases the capacity of the asset or substantially improves its functioning or represents more than 10 percent of the initial depreciation base of the asset;

Examples of Improvement Costs in a sentence

• Reference is hereby made to the CID Improvement Costs which are more particularly set forth on Exhibit F attached hereto.

• All income derived from the investment of moneys on deposit in the Construction Account shall accrue to the benefit of the Developer and be used to pay the Improvement Costs.

• Subsequent draws of the proceeds from the sale of the Bonds shall be deemed received from the Bond Purchaser and deemed disbursed to the Developer from the Public Improvements Project Fund for Improvement Costs in accordance with the provisions of Article IV of this Indenture upon presentation to the Trustee of the Disbursement Request set forth in Section 4.03 hereof until such time as $9,900,000 has been deemed issued and disbursed.

• Initially, $_____________ of the proceeds of the Bonds shall be deposited in the Bond Issuance Expense Account (as hereinafter defined) of the Public Improvements $_________ to pay Bond Issuance Costs pursuant to Section 4.03(a) hereof and $_______________ of the proceeds of the Bonds shall be deposited in the Construction Account pursuant to Section 4.03(b) hereof to pay costs in connection with the Improvement Costs.

• To the extent RIF and PIF are available during the period of construction, RIF and PIF shall be applied to the payment of Improvement Costs during the period of construction to reduce the principal amount of the Bonds, and, thereafter, to the payment of principal and interest on the Bonds in the manner set forth in Section 4.04(b) hereof.

More Definitions of Improvement Costs

Improvement Costs means the final actual construction costs incurred by Tenant in connection with the construction of the Improvements and in accordance with the terms of this Lease, excluding ordinary repair and maintenance costs and any Permitted Capital Expenditures paid for out of the Capital Improvement Fund.

Improvement Costs shall have the meaning set forth in Subsection 4.8.1.1.

Improvement Costs means $ 13,500,000.

Improvement Costs means the amount of capital expenditures for an Original

Improvement Costs means those costs incurred in connection with the Improvements, including:

Improvement Costs means, collectively, (i) the Soft Costs; (ii) the Construction Costs; and (iii) Lessor’s Fee.

Improvement Costs means the amount of capital expenditures for an Improvement, including interest during construction, which has been authorized to be paid by the City by an ordinance or resolution of the City, including expenditures made to redeem outstanding notes issued to pay for such improvement and Costs of Issuance of the Bonds, less (a) the amount of any notes or bonds of the City which are currently outstanding and available to pay such Improvement Costs and (b) any Improvement Costs which have been previously paid by the City or by any eligible source of funds, unless such amounts are entitled to be reimbursed under State and Federal law.