ROW Costs definition
Examples of ROW Costs in a sentence
The Department will be responsible for all ROW Costs (including the Department’s and the landowner’s condemnation costs) associated with the 395 Department Assets.
The Department shall use such funds to pay ROW Costs (including the Department’s and the landowner’s condemnation costs) associated with the 395 Concessionaire Assets.
Except as noted in the prior sentence, the Concessionaire will not be responsible for the payment of any ROW Costs for the 395 Project.
If the Department reasonably believes the actual ▇▇▇▇ Ex ROW Costs will be greater than $2,500,000 then it will notify the Concessionaire in writing, and the Concessionaire will deposit with the Department additional funds in the amount requested by the Department within thirty (30) days of the written notice.
After all ▇▇▇▇ Ex ROW Costs have been paid, all remaining, unused funds on deposit with the Department with respect to ▇▇▇▇ Ex Row Costs shall be refunded to the Concessionaire within sixty (60) days.
If at any time the Department incurs ▇▇▇▇ Ex ROW Costs in excess of amounts deposited by the Concessionaire with the Department (including after the Department has refunded any remaining, unused balances or portions thereof) the Department will notify the Concessionaire in writing, and the Concessionaire will pay to the Department within thirty (30) days an amount equal to the ▇▇▇▇ Ex ROW Costs incurred by the Department in excess of amounts deposited by the Concessionaire.
On the ▇▇▇▇ Ex Financial Close Date, the Concessionaire will pay $2,500,000 to the Department to be deposited by the Department in a segregated account, to be used by the Department to pay (i) ROW Costs associated with the ▇▇▇▇ Ex Project, plus (ii) the Department’s reasonable and documented internal and external costs associated with ROW acquisition (inclusive of the Department’s condemnation costs), plus (iii) the landowner’s condemnation costs (collectively, the “▇▇▇▇ Ex ROW Costs”).
If at the conclusion of such 15 day period, the ROW Costs remains in dispute, the matter shall be submitted, as soon as practicable, to a firm of independent public accountants of recognized national standing that is not the regular accounting firm of either Builder or AT&T (the "Neutral Auditors"), reasonably acceptable to Builder and AT&T.
For purposes of this Section 10.3, "ROW Costs" shall mean those reasonable and allocable (as defined below) net costs necessarily incurred by Builder at rates not higher than those customarily paid at the place of such activities.
The ROW Costs incurred for acquisition of rights-of-way (including the Required ROW) shall be applied towards the ROW Allocation.