Hard Cost definition

Hard Cost means, with respect to each Capital Asset acquired by a Borrower, the cash purchase price paid by a Borrower for such Capital Asset less the aggregate amount of all soft costs (including, without limitation, all taxes, delivery and storage charges, installation charges and other charges added to such purchase price) included in the purchase price for such Capital Asset."

Hard Cost means all items under the category heading “Hard Cost” in the Development Budget.

Hard Cost means, with respect to the purchase by Borrower of an item of Eligible New Equipment, the net cash amount actually paid to acquire title to such item, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, trade-in allowances, software costs, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind.

Examples of Hard Cost in a sentence

• Such cash discounts and any other trade discounts, rebates, refunds and other amounts received from sales of surplus materials and equipment shall be credited to the Hard Cost of the Work, and the CM shall make provisions so that they can be secured and credited accordingly.

• The amount of the monthly payments shall be determined by applying the percentage of the Hard Cost of the Work approved for payment by DCAMM, to the total amount of the CM Construction Fee set forth in Exhibit GC and deducting from such value any amounts previously paid to the CM on account of the CM Construction Fee.

• Such retainage shall be applied with respect to all amounts payable under the Application for Payment, including the Hard Cost of the Work, the CM Fee and the General Conditions Payment.

• The amount of the monthly payments shall be determined by applying the percentage of the Hard Cost of the Work approved for payment by DCAMM to the total amount of the Construction Period General Conditions Costs set forth in Exhibit GC, and deducting from such value any amounts previously paid to the CM on account of Construction Period General Conditions Costs.

• Hard Cost of the Work shall not include any item included in the General Conditions Costs.

More Definitions of Hard Cost

Hard Cost means, with respect to the purchase by any Borrower of an item of Eligible Rental Fleet Inventory, the net cash amount actually paid to acquire title to such item, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, software costs, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind as evidenced by invoices, receipts and other documentation satisfactory to Agent in its Permitted Discretion.

Hard Cost means, with respect to each Capital Asset acquired by a Borrower, the cash purchase price paid by a Borrower for such Capital Asset less the aggregate amount of all soft costs (including, without limitation, all taxes, delivery and storage charges, installation charges and other charges added to such purchase price) included in the purchase price for such Capital Asset.

Hard Cost means, with respect to the purchase by a Borrower of an Eligible Vessel, the net cash amount actually paid or intercompany amounts transferred to acquire such Eligible Vessel, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind.

Hard Cost shall include the cost of construction of the improvements in accordance with the Site Plan and the Plans, which shall include the building, site work, utility connections and installation, building storage tanks and installation, and landscaping, and any other development cost approved in writing by Tenant. "Soft Cost" shall include the reasonable cost of construction interest and financing, engineering fees, architectural fees, surveying fees and permit and tap fees.

Hard Cost means those costs identified as "Hard Costs" in the Budget attached hereto as EXHIBIT F.

Hard Cost means only the cost of labor (including the General Contractor's Fee) and materials and does not include any architectural fees, engineering fees, design fees, legal fees, permit fees, insurance premiums and other similar "soft costs," all of which will be Tenant's sole responsibility.

Hard Cost means, with respect to the purchase by a Borrower of any Eligible M&E, the net cash amount actually paid or intercompany amounts transferred to acquire such Eligible M&E, net of all incentives, discounts and rebates, and exclusive of freight, delivery charges, installation costs and charges, charges and fees, warranty costs, taxes, insurance and other incidental costs or expenses and all indirect costs or expenses of any kind.