Project Co’s Costs Sample Clauses

Project Co’s Costs. The Authority will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 (Authority Events of Default).
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Project Co’s Costs. BC Hydro will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights, including any relevant increased administrative expenses, interest expenses during construction and actual legal and other expenses, under this Section 13 [BC Hydro Events of Default].
Sample 1
Project Co’s Costs. (a) The City shall reimburse Project Co for all reasonable costs (including all applicable Taxes and all legal or professional services, legal costs being on a full indemnity basis) properly incurred by Project Co in exercising its rights under this Section 46, including any relevant increased administrative expenses. Project Co shall take commercially reasonable steps to mitigate such costs.
Sample 1
Project Co’s Costs. The City shall reimburse Project Co for all reasonable costs properly incurred by Project Co in exercising its rights in the circumstances of a City event of default, including any relevant increased administrative expenses. Project Co shall take commercially reasonable steps to mitigate such costs. Termination for Convenience The City shall, in its discretion and for any reason whatsoever, be entitled to terminate the Project Agreement at any time on 180 days’ written notice to Project Co. Upon such notice the City shall, at any time before the expiration of the notice, be entitled to direct Project Co to refrain from commencing, or allowing any third party to commence, the works or the Highway 417 works, or any part or parts of the works or the Highway 417 works, or the maintenance services, or any element of the maintenance services, where such works, Highway 417 works or maintenance services have not yet been commenced. Project Co Indemnities to the City Project Co shall indemnify and save harmless the City from all direct losses which may be suffered as a result of, including but not limited to any one or more of the following examples: any physical loss of or damage to all or any part of the site, the Highway 417 site, the OLRT system, the Highway 417, or to any equipment, assets or other property related thereto; the death or personal injury of any person; any physical loss of or damage to property or assets of any third party; any other loss or damage of any third party including injurious affection arising from or in consequence of any act or omission of Project Co in respect of the design and construction works that are not in compliance with the requirements set out in the Project Agreement and in the applicable laws, including the City’s by-laws; any obligations of Project Co to satisfy judgments and pay costs resulting from construction liens arising from the performance of the Highway 417 works or actions brought in connection with any such liens, or in connection with any other claim or lawsuit brought against the City by any person that provided services or materials to the Highway 417 site which constituted part of the Highway 417 works; the Project Agreement also provides for liquidated damages in the amount of $1,000,000 in each case in the event of failure to meet the required dates in respect of revenue service availability and in respect of the Highway 417 scheduled substantial Material Term Description completion. The liquidated dama...
Sample 1
Project Co’s Costs. The City shall reimburse Project Co for all reasonable costs properly incurred by Project Co in exercising its rights in the circumstances of a City event of default, including any relevant increased administrative expenses. Project Co shall take commercially reasonable steps to mitigate such costs. Termination for Convenience The City shall, in its sole discretion and for any reason whatsoever, be entitled to terminate the Project Agreement at any time on 180 days’ written notice to Project Co. Upon such notice, the City shall, at any time before the expiration of the notice, be entitled to direct Project Co to refrain from commencing, or allowing any third party to commence, the works, or any part or parts of the works, or the maintenance and rehabilitation services where such works or maintenance and rehabilitation services have not yet been commenced. Project Co Project Co shall indemnify and save harmless the City and City parties and each of their respective Indemnities to the City representatives from and against any and all direct losses which may be suffered as a result of any one or more of the following examples, including, but not limited to, the following examples: • any physical loss of or damage to all or any part of the Trillium Line Project lands, adjacent lands, system infrastructure or new municipal infrastructure, or to any equipment, assets or other property related thereto; • the death or personal injury of any person; • any physical loss of or damage to property or assets of any third party; • any other loss or damage of any third party; • injurious affection claims made by third parties arising from or in consequence of act or omission of Project Co or any Project Co party in respect of the performance or breach of the Project Agreement, except to the extent caused, or contributed to, by the City or any City party; • a deliberate or negligent act or omission of a system user that results in undue interference with Project Co’s performance of the maintenance and rehabilitation services for which Project Co has been unable to take commercially reasonable steps necessary to prevent, negate or mitigate the undue interference due to acting in accordance with a recommendation or instruction of the City or an appropriate City party, except to the extent that: o any such deliberate or negligent act or omission is caused, or contributed to, by Project Co or any Project Co party; or o the system user is acting in accordance with a direction, ...
Sample 1
Project Co’s Costs. PUC will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 (PUC Events of Default).
Sample 1

Related to Project Co’s Costs

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Development Costs With respect to activities prior to the Amendment Effective Date, each Party was to pay [*] of the total Direct Development Costs of a Product incurred in accordance with the Development Budget (as defined in the Original Agreement). Notwithstanding anything in this Article 6 of this Agreement or in any other provision of this Agreement to the contrary, with respect to activities on and after the Amendment Effective Date, subject to Sections 3.1.2, Alimera will be solely responsible for, and shall pay one hundred percent (100%) of, all development costs of a Product, including Direct Development Costs. Notwithstanding anything in this Article 6 of this Agreement or in any other provision of this Agreement to the contrary, (i) all payments owing by CDS hereunder with respect to development activities prior to the Amendment Effective Date are hereby deemed fully paid by CDS (or waived, to the extent such waiver may be required), including any Development Payments, Compounded Development Payments, Determined Disputed Costs and Compounded Disputed Costs (as all defined in the Original Agreement), further including any penalties and interest which might have accrued with respect thereto, and further including all CDS payments deferred pursuant to that February 11, 2008 letter agreement sent by CDS and executed by CDS and Alimera regarding deferral of payments under the Original Agreement as of such date; (ii) all payments owing by Alimera hereunder with respect to development activities prior to the Amendment Effective Date are hereby deemed fully paid by Alimera (or waived, to the extent such waiver may be required), including any Development Payments, Compounded Development Payments, Determined Disputed Costs and Compounded Disputed Costs (as all defined in the Original Agreement), and further including any penalties and interest which might have accrued with respect thereto; and (iii) subject to Sections 3.1.1 and 3.1.2, from and after the Amendment Effective Date, CDS will have no liability whatsoever hereunder for any past, present or future development costs, including Direct Development Costs (which includes those incurred before, on and after the Amendment Effective Date), and instead Alimera shall have sole liability therefor.

  • Total Project Costs The sum of the Construction Cost, allowances for contingencies, and the total costs of services of Engineer or other design professionals and consultants, together with such other Project-related costs that Owner furnishes for inclusion, including but not limited to cost of land, rights-of-way, compensation for damages to properties, Owner’s costs for legal, accounting, insurance counseling and auditing services, interest and financing charges incurred in connection with the Project, and the cost of other services to be provided by others to Owner pursuant to Exhibit B of this Agreement.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.

  • Project Cost a. The estimated cost of the Project is $ 97,740.00. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached to and incorporated in this Agreement. Exhibit “B” may be modified by mutual execution of an amendment as provided for in paragraph 5.i.

  • Construction Cost Estimate At 50% completion of the contract documents, the design team will present and submit copies of the project plans and manual. The Construction Administrator will prepare and issue the fourth of five construction cost estimates. The estimate shall be derived from actual takeoffs, subcontractor and vendor input, and material and labor cost data. All quantitative systems information shall be provided in detail.

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