Project Cost Overruns means all Costs actually incurred by BH, its Affiliates or its or their respective Subcontractors (or any of their respective employees or agents) in the performance of their obligations under a Statement of Work through the date of completion of all such obligations that are in excess of the Total Project Budget.
Project Cost Overruns means the amount, if any, by which the actual Redevelopment Project Costs exceed the projected amount thereof as set forth on the Budget.
Project Cost Overruns as defined in Section 6.04. “Project Costs” as defined in Section 6.01.
Examples of Project Cost Overruns in a sentence
Notwithstanding anything to the contrary in this Section, the lack of credit or financing for Tenant Contribution or responsibility for Project Cost Overruns under this Agreement shall not be considered to be a matter beyond Tenant’s control and therefore no event caused by a lack of such financing in and of itself shall be considered to be an event of Force Majeure for purposes of this Agreement.
As set forth in Section 6.01, at all times Tenant shall ensure that there are sufficient funds in the Disbursement Account to fund Project Costs, and shall make all contributions necessary to fund Project Cost Overruns (the “Tenant Contribution”).