Total investment costs Sample Clauses

Total investment costs. 1. Total investment costs will be any items of expenditure before, during, and after the construction phase that accrue to the Lessor from the acquisition of the plot of land, from the procurement of the building lease, from the acquisition or setting up of the subject of the leasing contract, and from tax burdens (such as, for example, value-added tax and real-estate transfer tax) on the conditions mentioned, even if the relevant tax or new tax conditions are not introduced until after the contract has been concluded. They will therefore include the following: The purchase price of the plot of land / purchase price of the building lease, including transaction costs (such as, for example, the cost of notarial registration) and / or the building costs including public fees and the insurance premiums during the period of construction; the development costs; the payments that have to be made altogether by the Lessor in order to obtain building permission on the basis of the implementation contract concluded with the Neubiberg local authority; and the costs billed to the Lessor by third parties in conjunction with overall financing (such as, for example, appraisal, lending against collateral security, real-estate transfer tax, and non-deductible value-added tax, including any additional taxes (such as, for instance, the payment of interest). This will only apply to additional taxes if they are not the result of the Lessor's failure to meet its tax obligations. The items of expenditure in accordance with Article 4 subsection 2 will also be part of the total investment costs. All items of expenditure will be incorporated into the total investment costs, irrespective of when they were incurred or officially determined, including after the subject of the leasing contract has been taken over pursuant to Article 1, and after the total investment costs have been determined in accordance with subsection 3 below. The deductible value-added tax paid by the Lessor on the total investment costs will not be part of the total investment costs.
Sample 1
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Related to Total investment costs

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