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

  • 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.

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 shall have the meaning set forth in Section 3.3.

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

  • Approved Budget means an annual budget-

  • CapEx Budget means the annual budget covering the planned Capital Expenditures for the period covered by such budget. The CapEx Budget shall not include Discretionary Capital Expenditures.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • 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, with respect to a Project, the sum of (i) the Qualified Project Expenditures plus (ii) all other costs necessary to acquire the Land, construct the Development Work and the Construction Improvements in accordance with the Plans and Specifications and complete the Project.

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

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • 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 4.2.

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