Construction Allowance definition

Construction Allowance means the allowance to be provided by BNPPLC for the design and construction of the Construction Project, against which and from which Carrying Costs, Construction Advances and other amounts will be or may be charged and paid as provided in various provisions of this Agreement (including Paragraphs 3, 4 and 8).

Construction Allowance means a credit applied toward the cost of the construction of new facilities provided by the Association pursuant to these regulations.

Construction Allowance has the meaning indicated in the Construction Agreement.

Examples of Construction Allowance in a sentence

• If Landlord approves any of School's requested changes to the Approved Plans, all of Landlord's actual costs and expenses in excess of the Construction Allowance associated with such changes, including, but not limited to, increases in the Contractor's fees, will be paid by School.

• Landlord acknowledges and agrees that if the costs and expenses for Landlord's Work based on the Approved Plans exceed the Construction Allowance, Landlord shall be responsible for all such cost overruns, and the same shall not be billed to School or increase the Base Rent to be paid by School.

• If the cost of Tenant's Work exceeds the Construction Allowance, such excess amount shall be borne solely by Tenant.

• Any disputes over the Construction Allowance will be resolved in accordance with clause 9 – Dispute Settlement Procedure.

• If the Cost Plus Construction Allowance applies, Landlord shall provide School monthly during the construction of Landlord's Work with all invoices and bills for materials and labor related to Landlord's Work.

More Definitions of Construction Allowance

Construction Allowance means the allowance, consisting of Construction Advances and Carrying Costs, which is to be provided for the Construction Project as more particularly described in the Construction Management Agreement and Paragraph 6 of the Improvements Lease.

Construction Allowance means an accounting practice that

Construction Allowance means the allowance, consisting of all Construction Advances and Carrying Costs, which is to be provided by Landlord for the construction of the Designated Improvements as more particularly described in Paragraph 6 below. (ab)

Construction Allowance means that amount, if any, payable by Landlord in accordance with Exhibit C-Addendum.

Construction Allowance. (select one)

Construction Allowance shall have the meaning ascribed to such term in the Lease.

Construction Allowance is defined in Paragraph G (ii) of the SLP.