Approved Project Costs definition

Approved Project Costs means total costs of capital facilities and includes, without limitation thereto, site acquisition, design and project administration fees paid to an outside consultant, construction costs, costs of permits and inspections, bid advertising, construction document printing costs, and equipping the capital facility to accommodate the approved program. The applicant must obtain written approval from the department for costs other than those items listed in this paragraph.

Approved Project Costs means as of any date of determination, any Project Cost to the extent the total expenditures on Project Costs as of such date of determination are no greater than 105% of the aggregate total budgeted amount of Project Costs set forth in the Construction Budget for such date of determination.

Approved Project Costs for a particular Mortgage Loan shall have the meaning set forth in the Loan Commitment applicable to such Loan, together with any increases thereto permitted pursuant to the terms and provisions of the Building Loan Agreement for variances and cost overruns.

Examples of Approved Project Costs in a sentence

• Xxxxx shall be the "Tax Matters Partner" pursuant to the Code and is authorized and required to represent the Company in connection with all examinations of the Company's affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Company funds for professional services and costs associated therewith and such costs shall be treated as an Approved Project Costs for purposes of this Agreement.

• The Revolving Lenders have concurrently with the execution of this Guaranty, entered into the Credit Agreement with the Issuer and the Revolving Lender Agent and, subject to the terms and conditions thereof, the Revolving Lenders shall make Equity Loans to the Issuer to be used by the Issuer to pay Approved Project Costs, as set forth in the Financing Documents.

• The Limoneira Pre-Assignment Expenses shall be treated as Approved Project Costs.

• All expense items identified in the Approved Budget from time to time, as the same may be adjusted pursuant to this Section 6.7(b), shall constitute "Approved Project Costs" of the Company.

• The proceeds of the NPI Borrowing shall be used for the NPI Acquisition and the proceeds of each other Borrowing shall be used to pay Approved Project Costs due and payable within forty-five (45) days of the date of such Borrowing.

More Definitions of Approved Project Costs

Approved Project Costs means any costs in respect of the Initial Project that are incurred by the Owners in accordance with the Development Plan.

Approved Project Costs are those costs attributed to the construction of the waterline as shown in the estimate provided by the Developer’s Engineer and attached hereto as Exhibit B. Costs that are not certified by the Developer’s Engineer and approved by the Town’s Engineer shall not be included in the Approved Project Costs. Approved Project Costs shall not include any costs for designing, bidding, and managing services, or for acquisition of property or easements required for construction of the Facilities. The Developer’s engineer shall provide an estimate of the incremental cost differential for the construction of a 20” waterline instead of a 10” waterline. The amount of the actual incremental construction costs is subject to the review and approval of the engineer designated by the Town (the “Approved Incremental Construction Cost”).

Approved Project Costs means actual costs incurred by an approved participant for land acquisition, construction, engineering, design and other costs approved by the Mississippi Development Authority relating to a tourism project; however, for the purposes of a tourism project described in paragraph (d)(iv) of this section, such costs include only those incurred after January 1, 2011, relating to the hotel portion of the project consisting of facilities used

Approved Project Costs means the total hard and soft costs (as reported and evidenced by Xxxxxxxx and approved by the Blackstone Representative) to be paid by Borrower or its affiliates (excluding any developer mark-up).

Approved Project Costs means any Project Related Costs set forth in the Construction Budget approved by Lender pursuant to the terms hereof or any other Project Related Costs approved by Lender from time to time (including, Lender approved Hard Costs, Lender approved Soft Costs, sales commissions payable in connection with the sale of any Residential Unit, financing costs, and customary closing costs).

Approved Project Costs means all direct and indirect construction costs, land costs and "soft costs" for the Project as are set forth on Exhibit D attached hereto, all to the extent approved by Lender and Borrower.

Approved Project Costs means, for each HPC Site, the costs of the Company to develop, construct, startup, and finance such HPC Unit as set forth in the Approved Budget for such HPC Site.