Adjusted Project Budget definition

Adjusted Project Budget means, for each Project, the project budget for such Project setting forth the adjusted Project Costs for such Project (as compared to its Initial Project Budget), prepared in the same format as its Initial Project Budget or such other format reasonably acceptable to the Agent and certified by the Borrower to be complete and correct, and delivered to the Agent by the Borrower at (a) the time of any change in the Project Limit for such Project pursuant to Section 2.01(b); and (b) the earlier of the Non-Recourse Date for such Project and the Refinancing Date with respect to such Project.
Sample 1
Adjusted Project Budget means the Project Budget reduced by all of Purchaser’s actual costs incurred in acquiring the Property; i.e., the Project Budget reduced by the “Site Acquisition” line item cost of One Million Seven Hundred Fifty Thousand and No/100 Dollars ($1,750,000.00) set forth on the Project Budget.
Sample 1

Examples of Adjusted Project Budget in a sentence

  • The Adjusted Project Budget is the Initial Project Budget multiplied by the fractional value of the current CCCI ENR divided by the reference CCCI ENR.

  • Even the heads of offices of the local government and of national agencies operating in the local area are part of the technical component of the local planning structure.

  • In Thousands)-2,0004,000Construction Totaladj budget expendedContractor: Original Project Budget $ 4,000,000 (a) Adjusted Project Budget $ 4,000,000 (d) Funding Sources:Original Anticipated:Guaranteed Maximum Price $ Contract Substantial Completion Date (In Thousands)BudgetAdditionalFunding/Adj Statement of Contract Amount Original contract $- Adj Contract $- Work Completed/In Progress:• Design development is 95% complete.• Survey complete.• Construction drawings are in progress.

  • In consideration for the services provided pursuant to this Agreement, Owner will pay Solomon a development fee of four percent (4%) of an amount equal to the Adjusted Project Budget (the “Developer Fee”), payable in accordance with the schedule attached hereto as Exhibit 6.

  • In Thousands)-100200Construction Totaladj budget expended Contractor: Original Project Budget $ (a) Adjusted Project Budget $ (d) Funding Sources:Original Anticipated: Guaranteed Maximum Price N/A Contract Substantial Completion Date(In Thousands)BudgetAdditionalFunding/Adj Statement of Contract Amount Original contract $- Adj Contract $- Work Completed/In Progress:• Freon captured.• Asbestos scheduled.

  • Contractor: Haselden Wyoming ConstructorsLaramie, WY Original Project Budget $926,400 (a) Adjusted Project Budget $926,400 (d) Funding Sources:Original Anticipated: Guaranteed Maximum Price $ Contract Substantial Completion Date (In Thousands)BudgetAdditionalFunding/Adj Statement of Contract Amount Original contractPre-Construction$15,712 Adj Contract $15,712 Work Completed/In Progress:• Design Development complete 12/30/2020.

  • Contractor: Original Project Budget $ (a) Adjusted Project Budget $ (d)(In Thousands)- 4,000 8,000 Construction Guaranteed Maximum Price $ Contract Substantial Completion Date (In Thousands)BudgetAdditionalFunding/Adj Statement of Contract Amount Original contract $- Adj Contract $- Work Completed/In Progress:• Schematic design in progress.• Site analysis in progress to verify location for the dining facility.

  • Contractor: Original Project Budget $ (a) Adjusted Project Budget $ (d)(In Thousands)- 4,000 8,000 Construction Guaranteed Maximum Price $ Contract Substantial Completion Date (In Thousands)BudgetAdditionalFunding/Adj Statement of Contract Amount Original contract $- Adj Contract $- Work Completed/In Progress: Schematic design in progress. Site analysis in progress to verify location for the dining facility.

Related to Adjusted Project Budget

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

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

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Approved Budget means an annual budget-

  • Project area budget means a multiyear projection of annual or cumulative

  • 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).

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

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

  • Operating Budget has the meaning given in Section 3.11(a).

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Wind-Down Budget means a budget to be prepared by the Debtors, and reasonably acceptable to the Deerfield Requisite Supporting Noteholders, the Unaffiliated Requisite Supporting Noteholders, and the Committee, which shall be filed with the Court as part of the Plan Supplement, and which may be amended from time to time after entry of the Confirmation Order, subject to the consent of the Oversight Committee, which consent shall not be unreasonably withheld, and which shall estimate the funds necessary to administer the Plan and wind down the Debtors’ affairs, including the costs of holding and liquidating the Estates’ remaining property, objecting to Claims, making the Distributions required by the Plan, prosecuting claims and Causes of Action that may be held by the Estates against third parties that are not released, waived or transferred pursuant to the Plan (including pursuant to Article X) or otherwise, paying Taxes, filing Tax returns, paying professionals’ fees and expenses, paying the fees and expenses of the Oversight Committee, funding payroll and other employee costs, providing for the purchase of errors and omissions insurance and/or other forms of indemnification for the Plan Administrator, and for all such items and other costs of administering the Plan, the Estates and the Liquidating Debtors (other than the Administrative and Priority Claims Reserve, the Disputed Claims Reserve, and the Professional Fee Reserve).

  • 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.

  • 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.

  • 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.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Research Budget has the meaning set forth in Section 2.2.

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • 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.