Allocation of Joint Work Costs Sample Clauses

Allocation of Joint Work Costs. At the conclusion of the Joint Work design phase, Seller shall propose an equitable allocation of costs to design, and obtain approval for and to construct the Joint Work that shall reflect the relative benefits received for such Joint Work by the various portions of the Project (“Joint Work Cost Allocation Plan”). No later than ten (10) days prior to the expiration of the Approval Period, Seller shall provide to Buyer a proposed Joint Work Cost Allocation Plan. Buyer and Seller agree that Buyer’s allocation of Joint Work Costs for offsite improvements shall not exceed Two Hundred Thousand and N0/100ths Dollars ($200,000.00). If Buyer approves the proposed Joint Work Cost Allocation Plan, and is otherwise satisfied with the condition of the Property, Buyer will document its approval by providing the Diligence Notice pursuant Section 4.1. If Buyer does not approve of the Joint Work Cost Allocation Plan it will document its disapproval by providing the Termination Notice or by not providing a Diligence Notice pursuant Section 4.1. In the event Buyer approves the Joint Work Cost Allocation Plan proposed by Seller, Seller will be responsible to undertake and complete in a timely and lien free manner the Joint Work and Buyer shall be responsible to reimburse Seller for Buyer’s allocated share of the Joint Work costs within thirty (30) days receipt of Seller’s written application therefor, which application shall include copies of all applicable invoices related to the design or construction of that portion of the Joint Work for which Buyer is required to reimburse Seller.
Sample 1
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Related to Allocation of Joint Work Costs

  • Start-Up Costs 4.1.1 The Government of Ontario will provide:

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  • Training Costs All costs and expenses incurred by the Contractor in training as is required under Article 22 of the Contract.

  • Service Costs Service Costs are direct and indirect expenditures incurred in support of Petroleum Operations in the Contract Area, including expenditures on warehouses, piers, marine vessels, vehicles, motorized rolling equipment, aircraft, fire and security stations, workshops, water and sewerage plants, power plants, housing, community and recreational facilities and furniture and tools and equipment used in these activities. Service Costs in any Year shall include the costs incurred in such Year to purchase and/or construct the said facilities as well as the annual costs of maintaining and operating the same, each to be identified separately. All Service Costs shall be regularly allocated as specified in Sections 2.2.5, 2.3.5 and 2.4 to Exploration Costs, Development Costs and Production Costs and shall be separately shown under each of these categories. Where Service Costs are made in respect of shared facilities, the basis of allocation of costs to Petroleum Operations hereunder shall be specified.

  • CLOSING COSTS AND ADJUSTMENTS All adjustments are made as of settlement date.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts.

  • COMPENSATION FOR CONSTRUCTION PHASE SERVICES 5.1 For the Construction Manager’s performance of the Work as described in Section 2.3, the Owner shall pay the Construction Manager the Contract Sum in current funds. The Contract Sum is the Cost of the Work as defined in Section 6.1.1 plus the Construction Manager’s Fee.

  • Overtime Scheduling (A) It is the intent of the City, consistent with efficient and effective operation of the Division of Police, to distribute in an equitable manner, all pre-scheduled overtime among all members. Recognition will be given to the qualifications of the members and the requirements placed on the City by any third party funding sources. Any complaints by members that pre-scheduled overtime is not being equitably distributed among all qualified members as described above may be brought by the Lodge directly to the Chief's attention at Step 3 of the Grievance Procedure and shall also be a proper subject for discussion in a Labor Relations Committee meeting. Inability to work a prescheduled overtime assignment due to illness or death in the family or injury will not require the member to charge such absence against sick leave or injury leave.

  • ALLOWABLE COSTS AND PAYMENTS A. The method of payment for this contract will be based on actual cost plus a fixed fee. COUNTY will reimburse CONSULTANT for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by CONSULTANT in performance of the work. CONSULTANT will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved CONSULTANT’S COST PROPOSAL as referenced and defined in Exhibit “C”, unless additional reimbursement is provided for by contract amendment. In no event, will CONSULTANT be reimbursed for overhead costs at a rate that exceeds COUNTY’s approved overhead rate set forth in the COST PROPOSAL. In the event, that COUNTY determines that a change to the work from that specified in the COST PROPOSAL and AGREEMENT is required, the AGREEMENT time or actual costs reimbursable by COUNTY shall be adjusted by written agreement or task order to accommodate the changed work. The maximum total cost as specified in Paragraph “H” shall not be exceeded, unless authorized by written agreement.

  • Payment of Additional Costs If termination of this contract is due to the failure of the Engineer to fulfill its contract obligations, the State may take over the project and prosecute the work to completion, and the Engineer shall be liable to the State for any additional cost to the State.

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