Project Allowance definition

Project Allowance means an allowance totaling $410,000 representing the maximum costs for the Project Allowance Items as set forth in Appendix 12 (Allowances).
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Project Allowance means an amount equal to $266,944,500.00 (i.e., $500.00 per square foot of Gross Area). The Project Allowance has been allocated as follows: $198,803,410 (i.e., $372.37 per square foot of Gross Area) (the “Landlord’s Work Allowance”) per square foot of Gross Area has been allocated towards the development and construction of Landlord’s Work (as defined in EXHIBIT C) and the remaining $68,141,090 (i.e., $127.63 per square foot of Gross Area) has been allocated towards Tenant’s Work (the “Tenant Work Allowance”); provided, however, that notwithstanding anything to the contrary contained in this Lease, a portion of the Landlord’s Work Allowance in the amount of $2,000,000.00 (which amount is a portion of the line item titled “State Fair Parking Area 2&4” in the Project Budget, which line item totals $7,752,473) may only be used by Landlord on the design and completion of the Parking Improvements. For the avoidance of doubt, the Project Allowance is inclusive of (and not in addition to) the Tenant Work Allowance Landlord is providing for Tenant Work pursuant to EXHIBIT C attached hereto. If there is any balance in the Landlord’s Work Allowance following the completion of Landlord’s Work, then the Tenant Work Allowance shall be increased by such balance and applied towards the Cost of the Work in accordance with the terms and conditions of EXHIBIT C. If there is a balance in the Tenant Work Allowance remaining after the completion of the Tenant’s Work, such balance shall be applied as provided in Section 2.1 of this Lease.
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Project Allowance means an allowance totaling $5,700,000 representing the maximum costs for the Project Allowance Items and comprising the Instrumentation and Controls Allowance, the Operations Control Center Allowance, the Electronic O&M Manual Allowance, the Interpretive Center Allowance; the Yard Water/Spray Water Allowance; the Site Lighting Allowance; and the Concrete Repair Allowance.
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Examples of Project Allowance in a sentence

  • Northern Project Allowance will apply to an employee who has worked for six (6) consecutive working days on an eligible project or combination of projects retroactive to the first day of the six (6) day eligibility period.

  • The salaries have been fixed on the basis that, except where otherwise provided in the agreement, they take into account all aspects and conditions of employment and include the Project Allowance component of 1.5%.

  • Northern Project Allowance shall not apply in the following situations: 1.

  • A) Northern Project Allowance will apply to an employee who has worked for six (6) consecutive working days on an eligible project or combination or projects retroactive to the first day of the six (6) day eligibility period.

  • Metro Tunnel Project Site allowance will be paid to employees at a flat hourly rate for all hours worked on site, including RDOs, at the following rate in lieu of the amount that would otherwise be provided by Appendix B clause 3 Project Allowance Procedure: From the first pay period commencing on or after commencement of the Agreement $7.70 per hour.

  • To the extent practicable, prior to the Construction Date the parties shall agree to guaranteed fixed prices for each Project Allowance Item.

  • The Escrow Agent shall receive a fee of $2,000.00 for the services to be rendered hereunder; which shall be paid by Landlord from the Project Allowance (as defined in the Lease) as part of the Total Project Costs.

  • The individual allowances related to each Project Allowance Item represent the maximum amount which the Owner anticipates will be paid for such Project Allowance Item; provided, however, the Owner may agree to a price for an individual item in excess of the corresponding allowance without a Change Order as long as the aggregate payments for the Project Allowance Items do not exceed the Project Allowance.

  • In no event shall Lessee be entitled to disbursement of all or any portion of the portion of the Group 5 Facility Capital Renovation Project Allowance allocated to such Facility unless and to the extent that Lessee has satisfied the Disbursement Conditions on or prior to the Outside Date.

  • The aggregate of the Allocated Planned Capital Refurbishment Project Allowance for all of the Facilities; provided, however, that in no event shall the total Planned Capital Refurbishment Project Allowance for all Facilities exceed Five Hundred Thousand Dollars ($500,000.00), notwithstanding the actual Aggregate Costs of the Planned Capital Refurbishment Project(s) for all “Immediate Need” items for all Facilities.


More Definitions of Project Allowance

Project Allowance means the allowance payable under Clause 6 of this Project Consent Award. ‘Project’ means the North West Transitway Project being managed or constructed by Leighton. ‘Project Award’ means this Project Consent Award.
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Project Allowance means the allowance payable under Clause 6 of this Project Consent Award.
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Related to Project Allowance

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • 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;