Total Budgeted Costs definition

Total Budgeted Costs means, with respect to any Development Property, all amounts budgeted with respect to all of the following: (a) acquisition of land and any related improvements; (b) a reasonable and appropriate reserve for construction interest; (c) a reasonable and appropriate operating deficit reserve; (d) tenant improvements, (e) leasing commissions and (f) other hard and soft costs associated with the development or redevelopment of such real property. With respect to any real property to be developed in more than one phase, the Total Budgeted Cost shall exclude budgeted costs (other than costs relating to acquisition of land and related improvements) to the extent relating to any phase for which (i) construction has not yet commenced and (ii) a binding construction contract has not been entered into by the Borrower, any other Subsidiary or any Unconsolidated Affiliate, as the case may be. For purposes of this definition, Total Budgeted Costs shall, with respect to any real property being developed by an Unconsolidated Affiliate, be equal to the greater of (x) Borrower's or any Subsidiary's Ownership Share of such Unconsolidated Affiliate times the Total Budgeted Costs determined in accordance with the foregoing or (y) the total amount of Indebtedness related to such real property that Borrower or any Subsidiary has Guaranteed or is otherwise obligated on a recourse basis.
Total Budgeted Costs shall include all soft and hard costs to complete Construction in Process on a Real Estate Asset, including but not limited to, land, an interest reserve during construction, an operating deficit reserve, tenant improvements, leasing costs, and infrastructure costs. The development budget shall also include the fully budgeted costs of Construction in Process acquired, or to be acquired, pursuant to purchase agreements or Real Estate Assets being developed by third parties under a loan that the Borrower or the Guarantor or their subsidiaries have guaranteed or otherwise have liability.
Total Budgeted Costs means, as of any determination date, the aggregate amount of all costs budgeted to be paid, incurred or otherwise expended or accrued by the Company, a Subsidiary or an Unconsolidated Affiliate with respect to such Development Property (excluding, for the avoidance of doubt, Redevelopment Properties), including, without limitation, all amounts budgeted with respect to all of the following: (a) acquisition of land and any related improvements; (b) a reasonable and appropriate reserve for construction interest (solely in the event any such construction will be funded with third party construction financing); (c) a reasonable and appropriate operating deficit reserve; (d) tenant improvements; (e) leasing commissions; and (f) other hard and soft costs associated with the development of such Property; provided that the Company may net out funds reasonably expected to be received with respect to reimbursements of tenant improvement costs and proceeds received from out-parcel sales. With respect to any Development Property to be developed in more than one phase, the Total Budgeted Cost shall exclude budgeted costs (other than costs relating to acquisition of land and related improvements) to the extent relating to any phase for which (i) construction has not yet commenced and (ii) a binding construction contract has not been entered into by the Company, any other Subsidiary or any Unconsolidated Affiliate, as the case may be.

Examples of Total Budgeted Costs in a sentence

  • Increasing Grantee Overall Share of Total Budgeted Costs -- Grantees are required to meet an overall matching rate that increases over time.

  • Total Budgeted CostsFor each funding source, the Total Direct Costs and total Indirect Costs are summed in Total Budgeted Costs.

  • Difference Between Total Funds Available and Total Budgeted CostsTotal Funds Available Minus Total Costs For each funding source, this row shows the results of Total Budgeted Costs subtracted from the Total Available Funds.

  • Adult Day Care Services-Title IIIB Funding Cost Categories Budgeted Costs Personnel $87,448 Travel and Training $1,425 Equipment $170 Consultant/Professional Services $1,734 Other Costs $64,171 Indirect Costs $0 Total Budgeted Costs $154,948 Matching Funds Match Amount Cash $0 In-Kind $18,236 Total Match $18,236 B.

  • The Total Budgeted Costs in Part 2 must equal the Total Funds Available in Part 1.

  • Congregate Meals-Title IIIC-1 Funding-Area 1 and Area 2 Cost Categories Budgeted Costs Personnel $1,087,373 Travel and Training $16,756 Equipment $27,915 Food $493,600 Consultant/Professional Services $221,444 Other Costs $460,942 Indirect Costs $0 Total Budgeted Costs $2,308,030 Matching Funds Match Amount Cash $0 In-Kind $198,126 Total Match $198,126 D.

  • Enter Total, CNCS Share and Grantee Share in this section.A. Increasing Grantee Overall Share of Total Budgeted Costs In addition to the limits on the Corporation and federal shares of funding for each budget section, grantees are required to meet an overall matching rate that increases over time.

  • HICAP (April 1, 2023 to March 31, 2024) Administrative Costs $73,073 Program Costs Personnel (Salaries and Benefits) $306,434 Services and Supplies $186,089 Indirect Costs $0 Total Match Funds (Cash and/or In-Kind) N/A Total Budgeted Costs $565,596 *In-Kind Contribution means the value of non-cash contribution donated to support the project or program (e.g., property, service, volunteer hours, etc.).

  • Ombudsman -Title IIIB Funding Cost Categories Budgeted Costs Personnel $257,660 Travel and Training $0 Equipment $0 Consultant/Professional Services $0 Other Costs $0 Indirect Costs $0 Total Budgeted Costs $257,660 10.53% Match Match Amount Cash $0 In-Kind $7,999 Total Match $7,999 D.

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Related to Total Budgeted Costs

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

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Direct Costs means the sum of the following:

  • Approved Budget means an annual budget-

  • 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.

  • Approved Operating Expenses operating expenses incurred by Borrower which (i) are included in the Approved Operating Budget for the current calendar month, (ii) are for real estate taxes, insurance premiums, electric, gas, oil, water, sewer or other utility service to the Property or (iii) have been approved by Lender, such approval not to be unreasonably withheld, conditioned or delayed.

  • Controllable Expenses means all expenses, other than Uncontrollable Expenses, incurred by the Company or any Subsidiary of the Company with respect to the Property.

  • Approved costs means the eligible costs or expenditures2 as approved by the Provider, and as defined in the Agreement or Decision on Grant Funding to carry out the Grant Project.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • 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 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.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Uncovered expenditures means the costs to the health care

  • 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.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Hard Costs means all costs and expenses payable for supplies, materials, labor and profit with respect to the Improvements under any Construction Contract.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Total Operating Expenses means all costs and expenses paid or incurred by the Company, as determined under generally accepted accounting principles, that are in any way related to the operation of the Company or to Company business, including advisory fees, but excluding (i) the expenses of raising capital such as Organization and Offering Expenses, legal, audit, accounting, underwriting, brokerage, listing, registration, and other fees, printing and other such expenses and tax incurred in connection with the issuance, distribution, transfer, registration and Listing of the Shares, (ii) interest payments, (iii) taxes, (iv) non-cash expenditures such as depreciation, amortization and bad debt reserves, (v) incentive fees paid in compliance with the NASAA REIT Guidelines, (vi) Acquisition Fees and Acquisition Expenses, (vii) real estate commissions on the Sale of Properties, (viii) Financing Coordination Fees and (ix) other fees and expenses connected with the acquisition, disposition, management and ownership of real estate interests, mortgage loans or other property (including the costs of foreclosure, insurance premiums, legal services, maintenance, repair and improvement of property).

  • 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.

  • Emergency Expenditures means any of the eligible expenditures set forth in the CERC Manual referred to in Section I.F.1(a) of Schedule 2 to this Agreement and required for the Contingent Emergency Response Part.

  • Excess Costs means, in any Computation Period, the excess of Chargeable Costs associated with Assignee Minerals for that Computation Period over the amount determined by multiplying Assignor’s Net Share of Minerals produced during the Computation Period by the Sales Price for that Computation Period. Excess Costs shall bear interest at the Prime Interest Rate from the end of the Computation Period in which such costs were incurred to the date that Assignor recovers such amounts from Assignee Proceeds.

  • O&M Costs as defined in the Depositary Agreement.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Anticipated county property tax revenue availability means the

  • 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.