Project Costs Incurred definition

Project Costs Incurred. The aggregate amount expended or incurred by Seller with regard to the acquisition, development and construction of the Facility and the financing thereof, including without limitation (and without duplication) all amounts paid or payable with regard to the construction contract, site preparation, interconnect and start-up costs, materials and equipment, Fuel inventory, insurance, taxes, project development fees and expenses, construction management expenses and fees, fees or penalties under all Project Documents, all Seller debt for financing the Facility (including principal, interest, fees, premiums and penalties relating thereto), equity funds, if any, invested in the Project (including fees, premiums and penalties relating thereto other than those payable to the Guarantor (if any) or any of its affiliates), fees and expenses incurred in arranging financing for the Facility and attorney's fees and disbursements.
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Project Costs Incurred. Shall have the meaning attributed to it in Section 3.3B(1).
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Project Costs Incurred set forth in column 10 of the Summary Anticipated Cost Report for such Phase.
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Examples of Project Costs Incurred in a sentence

  • Resolution No. 10-2021- CRA Establishing Its Intent to Reimburse Certain Project Costs Incurred With Proceeds of Future Tax-Exempt Financings - Hwy98 Underground Utilities and (2) Overpass Walkways in the CRA Agenda Memo - Resolution No. 10-2021- CRA Establishing Its Intent to Reimburse Certain Project Costs Incurred With Proceeds of Future Tax-Exempt Financings - Hwy 98 Underground Utilities and (2) Overpass Walkways in the CRA - Pdf 4.ACTION ITEMS 9 - 25 A.

  • Project Costs Incurred Cost categoryTotal cost according to the Commission’s decision*Total costs incurred from the start date to31.

  • RECOMMENDATION:That the City Council meet as the Community Redevelopment Agency Board of Directors on Monday, April 5, 2021, and adopt Resolution No. 10-2021 Establishing Its Intent to Reimburse Certain Project Costs Incurred with Proceeds of Future Tax-Exempt Financings of the Hwy 98 Underground Utilities and (2) Overpass Walkways in the CRA.

  • Limitation on Project Costs Incurred Prior to Grant AwardPayment will not be authorized for costs incurred prior to the date of the grant award.

  • After the accounting is rendered, Company shall have sixty (60) Days (the “Audit Period”) to audit such accounting only to verify that Project Costs Incurred in fact were incurred and that Net Salvage Proceeds in fact reflect such net proceeds.

  • Wages and salaries Hydro Maintenance and repairs Materials and supplies Professional fees Total Project Costs Incurred Operating Unexpended Funding (Deficit) Cumulative Unexpended Funding - beginning of year Cumulative Unexpended Funding - end of year ANNEX B Statement of Receipt and Expenditure of Indian Moneys Capital Trust Moneys (Audited) .....................................First Nation For the Year Ended .......................

  • Like any research, this study suffers from limitations, which should be recognized.

  • A few people worried that mixing bicycle and pedestrian use in a single path would not be safe.

  • Project Costs Incurred by the County (2003 to 2007),20202019non-interest bearing$ 3,246,587$ 3,246,587Cash Advance, June 2007, Interest at 4%250,000250,000Service Fees4,117,3284,117,328Accrued Interest1,241,4421,217,774Repayment (5,000,000) (5,000,000) $ 3,855,357$ 3,831,689 Although these liabilities are due on demand, it is the intent of the County and the Authority to have these amounts paid over a period of time, after the Authority has commenced significant operations.

  • Eligible Project Costs Incurred (Excluding Retainage)Recipient Project Number and Name CumulativeShow construction, engineering, administrative costs, etc.

Related to Project Costs Incurred

  • 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.

  • 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).

  • Direct Costs means the sum of the following:

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

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

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Exploration Expenditures means the sum of:

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Expenditure Incurred means the fund, whether the equity or debt or both, actually deployed and paid in cash or cash equivalent, for creation or acquisition of a useful asset and does not include commitments or liabilities for which no payment has been released;

  • Project Cost means the costs incurred in connection with the

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • FTE Costs means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • 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:

  • Planned Expenditures shall have the meaning provided in the definition of the term Excess Cash Flow.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • 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;

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Initial Costs means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of an Executive Director and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial activities or in support of the negotiation, preparation and approval of one or more Administrative Services Provider Agreements and Program Agreement 1. Administrative and operational costs incurred after the approval of Program Agreement 1 shall not be considered Initial Costs.

  • 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.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.