Minimum Expenditure definition

Minimum Expenditure means the minimum expenditure obligations of the Contractor during each of the Exploration Periods as specified in Clause 4 herein;

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Minimum Expenditure means the minimum Expenditure referred to in Article 3 in respect of the initial term of the Licence or any renewal thereof.

Minimum Expenditure minimum expenditure for work in the Second Extension Period shall be twenty million United States dollars (U.S.$20,000,000).

Examples of Minimum Expenditure in a sentence

• Further, only amounts expended after a company is certified shall be counted towards the CBE Minimum Expenditure.

• Developer shall require in its contractual agreements with the general contractor and/or construction manager for the development project, as applicable, (the “General Contractor”), that the General Contractor comply with the relevant obligations and responsibilities of Developer contained in this Agreement with respect to achieving the applicable CBE Minimum Expenditure.

• At the conclusion of the Project, DSLBD shall measure the percentage difference between the CBE Minimum Expenditure and Developer’s actual expenditures.

• For example, a $200,000 contract award paid to a CBE Construction Management firm would be counted as $300,000 by DSLBD when measuring Developer’s performance against the CBE Minimum Expenditure.

• In addition, for every dollar expended with a DBE for services that fall within a Target Sector Developer shall receive credit for $2.00 against the CBE Minimum Expenditure (collectively, the “Reporting Bonus”).

More Definitions of Minimum Expenditure

Minimum Expenditure. Contractor’s minimum expenditure for the work in the Second Subperiod of the Initial Exploration Period shall be twenty million United States dollars (U.S.$20,000,000).

Minimum Expenditure means the minimum expenditure obligations of the Contractor during each of the Exploration Periods as specified in Clause 4 herein;

Minimum Expenditure. Contractor’s minimum expenditure for the work in the Second Subperiod of the Initial Exploration Period shall be eight million U.S. dollars (US$8,000,000).

Minimum Expenditure means the minimum expenditure permitted under Title 4. Landlord is providing Landlord's Work in accordance with the provisions of Article 4 hereof and Tenant acknowledges that, in order to be eligible for the Abatement, it shall expend such additional amounts within the "Minimum Expenditure Period" (as hereafter defined) on improvements (exclusive of "Tenant's Property" as defined in Article 14) to the Demised Premises and/or the common areas of the Building in order that the Minimum Expenditure shall be equaled or exceeded.

Minimum Expenditure has the meaning given to it in Section 3.3(b). “Minimum Expenditure Notice” has the meaning given to it in Section 3.3(b). “Negative Notice of Acceptance to Earn-In a 51% Interest” has the meaning given to it in Section 3.4(a)(ii). “Negative Notice of Acceptance to Earn-In an Additional 9% Interest” has the meaning given to it in Section 3.4(c)(ii). “Notice of Completion to Earn-In a 51% Interest” has the meaning given to it in Section 3.4(a)(i).

Minimum Expenditure means with respect to the (i) first Renewal Period US$1,500,000, (ii) second Renewal Period US$1,500,000, and (iii) third Renewal Period US$750,000.

Minimum Expenditure. Contractor’s minimum expenditure for the work in the First Subperiod of the Initial Exploration Period shall be four million U.S. dollars (US$4,000,000).