Cost of Project. The Borrower certifies that the building cost of the Project, as listed in Exhibit B hereto and made a part hereof, is a reasonable and accurate estimation thereof, and it will supply to the State a certificate from a licensed professional engineer authorized to practice in the State stating that such building cost is a reasonable and accurate estimation and that the useful life of the Project exceeds the maturity date of the Borrower Bond.
Cost of Project. The Governmental Agency certifies that the Estimated Cost of the Project, as listed in Paragraph (3) of Exhibit B hereto and made a part hereof, is a reasonable and accurate estimation, and that upon direction of the Authority it shall supply the Authority with a certificate from its engineer stating that such cost is a reasonable and accurate estimation, taking into account investment income to be realized during the course of the Project, and other money that would, absent the Loan, have been used to pay the Estimated Cost of the Project.
Cost of Project. The Borrower certifies that the Cost of the Project is a reasonable and accurate estimation and upon direction of the Bank, the Administrator, or the Issuer will supply the same with a certificate from independent engineers stating that such Cost of the Project is a reasonable and accurate estimation.
Cost of Project. The cost of the Project shall be the total monies expended by the Railroad, and Agency to complete the work and obligations described herein, together with the costs payable by the Railroad and by the Agency in the amounts described in Section (3) of this Agreement.
Cost of Project. The total cost of the Project approved by the City is set forth in Union’s Application, incorporated into this Agreement as Exhibit A.
Cost of Project. The project is estimated to cost approximately $1,300,000.00.
Cost of Project. The anticipated total cost of PROJECT is $2,000,000 (Two million dollars).
Cost of Project. Total cost of the PROJECT (“TOTAL PROJECT COST”) is estimated not to exceed $1,355,916. TOTAL PROJECT COST means the total cumulative dollar amount actually incurred and expended toward the PROJECT by all PARTIES involved, as measure at the completion or termination of the PROJECT.
Cost of Project. Anything herein notwithstanding, no item of cost which exceeds with all other such items (a) five percent (5%) of the net proceeds (including investment proceeds) of the Bonds which is not a Qualified Costs of Construction under the Code, including but not limited to (i) costs paid or incurred prior to April 14, 1998, (ii) interxxx xx xxx Xxxxx following completion of the acquisition, construction and equipping of the Project, or (iii) the costs of issuance of the Bonds, or (b) two percent (2%) of the principal amount of the Bonds which is an issuance cost, shall be considered a Cost of Project that is eligible to be paid or reimbursed from the proceeds of the Bonds. To the extent permitted by law without affecting the exclusion of the interest on the Bonds from gross income of the owners thereof for federal income tax purposes, if the Company determines that it has exceeded the foregoing limitation, it shall immediately repay to the Construction Fund sufficient monies to bring it into compliance with such limitation.
Cost of Project. Upon final completion of the PROJECT, the GMP shall be further reduced by the following:
