Cost Statement Sample Clauses

Cost Statement. Lessee's Contribution: Lessor will prepare for Lessee's approval a cost statement which upon completion and approval shall be attached as Exhibit E.1 (the "Phase II Cost Statement"), showing the expected construction cost of the Lessee Interior Improvements for Phase II. Lessor may include in the Phase II Cost Statement, a construction management fee, covering its overhead and profit equal to six percent (6%) of all costs shown on the Phase II Cost Statement including 3% for general conditions plus any additional costs approved by Lessee. No other general contractor's fees or costs shall be charged to Lessee or against the Phase II TI Allowance in connection with the Lessee Interior Improvements. If Lessor's actual cost exceed the Phase II Cost Statement, Lessee may pay the excess or remove items until the total costs are acceptable to Lessee. Lessor and Lessee shall negotiate in good faith to reduce the costs for construction of the Lessee Interior Improvements for Phase II by modifying the plans or taking other appropriate actions. Lessee shall pay its approved share of the cost for construction of the Lessee Interior Improvements for Phase II within fifteen (15) days after Lessor has billed Lessee and provided Lessee with evidence that the approved work being billed has been installed. All costs payable by Lessee for construction of the Lessee Interior Improvements for Phase II shall be reasonably documented and subject to verification by Lessee.
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Cost Statement. The mutually approved budget proposal for the on- going rate will become the cost statement (“Cost Statement”). Center will rely upon the cost statement to establish Contractor’s on- going rates of payment under the Service Provider Agreement for the service provided under Service Code [ongoing service code].
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Cost Statement. 8.1 Contractor shall prepare with respect to each Quarter, a Cost Statement containing the following information:
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Cost Statement. 31.16.1 Licensee shall prepare with respect to each Quarter, a Cost Statement containing the following information:
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Cost Statement. Lessee's Contribution: Lessor has prepared and Lessee has approved the cost statement substantially in the form attached as Exhibit D (the "Cost Statement"), showing the expected construction cost and the actual items to be constructed by Lessor of the Lessee Interior Improvements, the TI Allowance, and the maximum cost Lessee must pay for construction of the Lessee Interior Improvements. Lessor may include in the Cost Statement, a construction management fee, covering all of its overhead, accounting,, profit, and other similar costs not otherwise expressly indicated on the Cost Statement, equal to four and one-half perc ent (4.5%) of the cost of the Lessee Interior Improvements, but in no case less than $150,000 or greater than $200,000. General Condition expense shall be reflected in the Cost Statement. Lessee's Cost Statement indicates that Lessee's share of the construction cost of Lessee Interior Improvements will be zero (the "Lessee's Maximum Contribution"). After the bids for construction of the Lessee's Improvements, as specified above are obtained, the indicated amount of Lessee's share of the construction cost of Lessee Interior Improvements based on such bids is more than 5% in excess of the Lessee's Maximum Contribution as shown on the Lessee's Cost Statement, then Lessee may either (a) proceed with the Lease and the Lessee's Maximum Contribution shall be increased to the higher number established by the bidding, or (b) Lessee shall have the right to modify the Lessee's Improvement Plans or to remove items from such Plans, until the maximum amount to be paid by Lessee is acceptable to Lessee. In all events, Lessor and Lessee shall negotiate in good faith to reduce the total bid for construction of the Lessee Interior Improvements for by modifying the plans or taking other appropriate actions Lessor. shall not exceed above without approval of Lessee. Lessee shall pay its approved share of the cost for construction of the Lessee Interior Improvements, up to an aggregate amount not exceeding the Lessee's Maximum Contribution, within fifteen (15) days after the Commencement Date. All costs payable by Lessee for construction of the Lessee Interior Improvements shall be reasonably documented and subject to verification by Lessee. Notwithstanding anything to the contrary in this Lease, in no event shall the Lessee's Cost Statement including the TI Allowance (or Additional TI Allowance) be used to pay, nor shall Lessee be required to pay, any of the f...
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Cost Statement. Sublandlord acknowledges and approves Subtenant's -------------- use of SC Builders for completing construction of the Subtenant Improvements. Subtenant shall request and obtain from SC Builders a written commitment for completing construction of the Subtenant Improvements in accordance with the Final Plans. SC Builders will bid out each of the subcontractors. Sublandlord's approval of SC Builders as the general contractor for construction of the Subtenant Improvements is conditioned on SC Builders status as a union contractor, which Subtenant hereby represents is true and correct. All subcontractors, laborers, materialmen, and suppliers shall conduct their activities in and around the Premises, Buildings and Project in a harmonious relationship with all other subcontractors, laborers, materialmen and suppliers at the Premises, Buildings and Project, and, if necessary, union labor shall be employed to achieve such harmonious relations.
Sample 1
Cost Statement. Once the parties have approved the Final -------------- Plans, Tenant shall select a licensed general contractor or the required subcontractors and shall obtain a written commitment for a guaranteed maximum cost for materials and labor for construction of Tenant's Improvements in accordance with the Plans. Tenant's general contractor shall be subject to Landlord's approval, which shall not be unreasonably withheld. Tenant shall deliver to Landlord said written commitment together with Tenant's estimate of all other Tenant's Improvement Costs (the "Cost Statement").
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Cost Statement. Following Tenant’s approval (or deemed approval) of the Plans and Specifications, Landlord shall solicit competitive bids from at least three (3) subcontractors for each major trade. Landlord and Tenant shall review the bids jointly and select one sub-contractor for each item bid. Promptly following the selection of a subcontractor for each major trade, Landlord shall deliver to Tenant a statement of the cost to construct and install all of the Tenant Improvements (the “Cost Statement”). Tenant acknowledges and agrees that (A) the cost to construct and install the Tenant Improvements shall include a fee payable to the project’s construction manager or general contractor, (B) that such construction manager or general contractor may be a subsidiary, affiliate or employees of Landlord, and (C) said fee shall be included in the Cost Statement and applied against the Allowance (as hereinafter defined). Xxxxxx agrees to acknowledge the Cost Statement in writing within three (3) days following Xxxxxxxx’s written request therefor.
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Cost Statement. (a) Within a reasonable time (and in any event within 2 days) of receipt of the Authorised Order Change Request, the MSP will provide the relevant Agency with a cost statement detailing any increase or decrease in the Charges if the Authorised Order Change Request was implemented ("Cost Statement").
Sample 1

Related to Cost Statement

  • Settlement Statement A settlement statement setting forth the amounts paid by or on behalf of and/or credited to each of Purchaser and Seller pursuant to this Agreement;

  • Expense Statements The Contractor may incur expenses in the name of the Company as agreed in advance in writing by the Company, provided that such expenses relate solely to the carrying out of the Services. The Contractor will immediately forward all invoices for expenses incurred on behalf of and in the name of the Company and the Company agrees to pay said invoices directly on a timely basis. The Contractor agrees to obtain approval from the Company in writing for any individual expense of $1,000 or greater or any aggregate expense in excess of $1,000 incurred in any given month by the Contractor in connection with the carrying out of the Services.

  • Closing Statement (a) At least five (5) business days prior to the Closing Date, the Company shall submit to Buyer a written statement of estimated Current Assets and Current Liabilities as of the last day of the month immediately preceding the Closing Date (the "Estimated Closing Statement") containing the Company's good faith estimate of the Net Working Capital Amount (the "Estimated Net Working Capital Amount"), which shall reflect the items required to be set forth in, and be prepared in a manner consistent with the preparation of, the Closing Statement, in each case in accordance with Section 4.6(b); provided, however, that for purposes of the Estimated Net Working Capital Amount, the parties hereto agree that 50% of the amount of Fuel Sensor Damages (x) actually expended by Parent or the Company from March 1, 2011 through the last day of the month immediately preceding the Closing Date and (y) accrued as current liabilities on the Estimated Closing Statement, shall be added as a credit to the estimated Net Working Capital Amount set forth on the Estimated Closing Statement. Commencing with the Company's delivery of the Estimated Closing Statement to Buyer, Buyer shall have reasonable access to the books and records and personnel of the Company and the opportunity to consult with the Company for purposes of confirming or disputing the Estimated Net Working Capital Amount. If Buyer shall disagree, in good faith, with any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount, then Buyer and the Company shall work, in good faith, to reach agreement on such disputed items and the amounts as agreed to by Buyer and the Company shall constitute the Estimated Net Working Capital Amount. Notwithstanding the foregoing, Buyer's agreement with the Estimated Net Working Capital Amount (or any item set forth in the Estimated Closing Statement or used to determine the Estimated Net Working Capital Amount) shall not foreclose, prevent, limit or preclude any rights or remedy of Buyer set forth in this Agreement. If the Estimated Net Working Capital Amount is less than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be reduced by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount. If the Estimated Net Working Capital Amount is more than the Target Net Working Capital Amount, the amount of the Closing Payment to be paid by Buyer pursuant to Section 4.1(b)(i) shall be increased by an amount equal to the difference between the Estimated Net Working Capital Amount and the Target Net Working Capital Amount.

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Annual Statement The Plan Administrator shall provide to the Executive, within one hundred twenty (120) days after the end of each Plan Year, a statement setting forth the benefits to be distributed under this Agreement.

  • Earning Statement The Company will make generally available to its security holders and the Representatives as soon as practicable an earning statement that satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 of the Commission promulgated thereunder covering a period of at least twelve months beginning with the first fiscal quarter of the Company occurring after the “effective date” (as defined in Rule 158) of the Registration Statement.

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