Definition of Pre-Construction Expenses


Pre-Construction Expenses means any and all expenses incurred by Concord, in Concord's sole and reasonable discretion, but in consultation with Empire, between February 8, 2008 and the Effective Date, that are reasonably related to the development of the Concord Property pursuant to the Development Plan.
Sample 1

Examples of Pre-Construction Expenses in a sentence

In addition, the aggregate amount of the Pre-Construction Expenses incurred by Concord in connection with the development of the Concord Property pursuant to the Development Plan shall constitute an Additional Capital Contribution of Concord to the Company, and such amount shall be set forth in Exhibit B attached hereto and credited to Concord's Capital Account.