Project Cap definition

Project Cap means measures established by Owners to assure that conditions adverse to quality, including, failures, malfunctions, deficiencies, deviations, defective Plant Equipment and Materials, and non-conformances are promptly identified and corrected. The measures shall assure that the cause of the condition is determined and corrective action taken to preclude repetition.
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Project Cap has the meaning as ascribed to it in the section headed “ANNUAL CAPS AND BASIS OF DETERMINATION OF ANNUAL CAPS – The
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Project Cap means the total allocation of money by the City to pay for the design and construction of the Project Work and the Fire Station FF&E in an amount not-to-exceed $7,000,000.00.
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Examples of Project Cap in a sentence

  • Africa Ausaid Australia East Timor ▇▇▇-▇▇▇-▇▇▇ Fisheries Management Project Cap.

  • St-Pierre Ouest (▇▇▇) ▇▇▇-▇▇▇▇ Caraquet, New Brunswick E1W 1B9 ▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇@▇▇▇▇.▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇@▇▇.▇▇▇▇.▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ MAFF of East Timor ▇▇▇ ▇▇▇▇ AusAID Australia East Timor Apicda Joint Ventures Fisheries Management Project Cap.

  • Once the City has received its $850,000 and South Project Developer has been reimbursed to the South Project Cap, then Developer shall receive TDD Revenues generated from the South Project Area to pay TDD Costs in the North Project Area, subject to the TDD Cap.

  • The total incentive payment for each Energy Efficiency Measure shall not exceed the Project Cap of 50 percent of the total installed measure cost (calculated on per item basis), or the total estimated incentive amount, whichever is less.

  • Those Direct Charges and Indirect Charges may be collectively referred to as "Project Charges." The University will use its best efforts to administer, supervise, and conduct the Project so that the cumulative Project Charges over the life of the Project do not exceed the Total Project Cap specified in Exhibit A, as it may be amended from time to time.

  • In the event Seller is unable to complete the PBF Refinery Pipeline Connection Project before the Closing Date, Buyer shall complete such Project after Closing but shall receive a credit to the Purchase Price from Seller equal to the difference between the amounts actually expended by Seller in connection with the PBF Refinery Pipeline Connection Project as determined in accordance with Schedule 6.1(c) and the Connection Project Cap.

  • The Aggregate Cap and the Project Cap do not apply to this Section 5.2.

  • Neither the Project Cap nor the Service Cap should be taken as an indication that the Group may take on the Works or the Services with an aggregate contract sum equivalent to the total amount of the Project Cap or the Service Cap throughout the period and years up to 2024 or 2036 as mentioned above.

  • In the event that the final amount of costs and expenses incurred by Tenant in connection therewith is less than the Initial Improvement Project Cap (such differential, the “Project Cost Reduction Amount”), upon the prior written consent of Landlord to be given or withheld in Landlord’s sole and absolute discretion, Tenant may apply some or all of the Project Cost Reduction Amount towards one (1) or more of the Initial Improvement Projects for the other Retained Properties.

  • If construction has commenced or is completed, and actual Project Costs exceed the Project Cap, and the Construction Contract requires payment of these excess costs, then the Parties are not entitled to terminate this Agreement based upon actual costs exceeding the Project Cap, and the Parties must fund such cost overrun as provided by Section II.B.4.


More Definitions of Project Cap

Project Cap means $67,310,572.
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Related to Project Cap

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

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Project Scope means the description or activity of work to be accomplished on the project.

  • 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.