Project Basis definition

Project Basis means, with respect to any date and time, (i) Project Costs plus (ii) the aggregate amount of any Unpaid Preference for Inland Member through such date.

Examples of Project Basis in a sentence

  • General Liability:Per Occurrence:$1,000,000Personal/Advertising Injury:$1,000,000General Aggregate:$2,000,000Products/Completed Operations:$2,000,000Fire Damage Legal Liability:$100,000 GL Coverage, excluding Products and Completed Operations, should be on a Per Project Basis 3.

  • General Liability: Per Occurrence:$1,000,000Personal/Advertising Injury:$1,000,000General Aggregate:$2,000,000Products/Completed Operations:$2,000,000Fire Damage Legal Liability:$100,000 GL Coverage, excluding Products and Completed Operations, should be on a Per Project Basis 3.

  • The list must be maintained electronically, with a hard copy on file with the Bookkeeper and Executive Director, updated as assets are purchased and disposed.e. Accounting records are maintained on a Project Basis.

  • IA System Basis Sampling and Testing on Item 403, if used instead of the Project Basis, should be indicated on Independent Assurance Sampling & Testing Checklist.

  • Turnkey Project Basis: ‐ The Bidder shall act as single Bidder to organize and manage the entire project – including design, supply, installation and commissioning of all required hardware, software, networking, accessory items and local wiring for Electrical power supply etc.

  • General Liability:Per Occurrence:$1,000,000Personal/Advertising Injury:$1,000,000General Aggregate:$2,000,000Products/Completed Operations: aggregate$2,000,000Fire Damage Legal Liability:$100,000 GL Coverage, excludingProductsand CompletedOperations, should be on a Per Project Basis 3.

  • General Liability: Per Occurrence:$1,000,000Personal/Advertising Injury:$1,000,000General Aggregate:$2,000,000Products/Completed Operations:$2,000,000Fire Damage Legal Liability:$100,000 GL Coverage, excluding ProductsandCompleted Operations,should be on a Per Project Basis 3.

  • Workers’ CompensationCoverage A:StatutoryCoverage B:$ 100,00011.1.3.2 General Liability:Per Occurrence:$1,000,000Personal/Advertising Injury$1,000,000General Aggregate:$2,000,000Products/Completed Operations$2,000,000Fire Damage Legal Liability: $ 100,000 GL Coverage, excluding Products and Completed Operations, should be on a Per Project Basis 11.1.3.3 Automobile Liability:Combined Single Limit: $1,000,000 11.1.3.4 Builders’ Risk 100% of Value* *100% of the insurable value of the Contract.

  • Based on the number, size, location, or construction phasing of HMA projects, the RME will have the option of choosing either the Project Basis or the System Basis for every project within their Region.

  • General Liability:Per Occurrence:$1,000,000Personal/Advertising Injury:$1,000,000General Aggregate:$2,000,000Products/Completed Operations: $2,000,000 Fire Damage Legal Liability: $100,000 GL Coverage, excluding Products and Completed Operations, should be on a Per Project Basis 3.

Related to Project Basis

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Project Cost means the costs incurred in connection with the

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of the interest accrued during construction of the Project shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the construction of the Project; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of- pocket costs incurred by such affiliate in constructing the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by such affiliate, and (C) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion there); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the date of a declaration of “official intent” to reimburse costs paid with respect to the Project (within the meaning of §1.150-2 of the United States Treasury Regulations) or the date of issue of the Bonds, and (iv) if the costs of the construction of the Project were previously paid and are to be reimbursed with proceeds of the Bonds such costs were (A) costs of issuance of the Bonds, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.150-2 (F) (2)) with respect to the Project (such architectural, engineering and soil testing services) incurred before commencement of construction of the Project that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Project that are reimbursed no later than eighteen (18) months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three (3) years after the expenditures is paid).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Scheduled Project Completion Date shall have the meaning specified in Section 6.3 (c);

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Project Completion means completion of the Redevelopment in accordance with this Agreement to the state where the whole of the Morley Shopping Centre, as so redeveloped, is capable of occupation for its intended purpose;

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Estimated Construction Cost or “ECC” means the amount calculated by Contractor for the total cost of all elements of the Work based on this Agreement available at the time(s) that the ECC is prepared. The ECC shall be based on current market rates with reasonable allowance for overhead, profit and price escalation and shall include and consider, without limitation, all alternates and contingencies, designed and specified by A/E and the cost of labor and materials necessary for installation of Owner furnished equipment. The ECC shall include all the cost elements included in the AACC, as defined above, and shall represent Contractor’s best current estimate of the Guaranteed Maximum Price it will propose for the Project based on the information then available. The ECC shall not include Contractor’s Pre-Construction Phase Fee, A/E’s Fees, the cost of the land and rights-of-way, or any other costs that are the direct responsibility of Owner.

  • Total Project Costs means the total amount of money required to complete the Project.

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Project Completion Date means the date on which the Completion Certificate is issued;