Eligible Predevelopment Costs Sample Clauses

Eligible Predevelopment Costs. Eligible predevelopment costs ("Predevelopment Costs") may include funds for: (a) administration costs related to having additional and/or existing staff work on the HOPE VI Grant; (b) fees and costs related to procuring goods and services from third parties in connection with eligible predevelopment activities such as architectural and engineering (A&E) fees; (c) resident relocation; (d) limited community and supportive services costs, including costs dedicated to case management and services and the cost of preparing the CSS Plan; (e) costs associated with carrying out environmental reviews, in accordance with 24 CFR § 58.23; and (f) site remediation and demolition costs, provided that HUD has notified the Grantee in writing of the approval of the Grantee's Demolition Application.
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Eligible Predevelopment Costs. Eligible predevelopment costs (“Predevelopment Costs”) may include funds for: a. administration costs related to having additional and/or existing staff work on the Choice Neighborhoods Grant; b. fees and costs related to procuring goods and services from third parties in connection with eligible predevelopment activities such as architectural and engineering (A&E) fees; c. resident relocation; d. supportive services costs, including costs dedicated to case management and services; e. costs associated with carrying out environmental reviews, in accordance with 24 CFR § 58.23; and f. site remediation and demolition costs, provided that HUD has notified the Grantee in writing of the approval.
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Eligible Predevelopment Costs. Developer shall use Predevelopment Loan Proceeds only to pay costs defined as "allowable costs" pursuant to 24 CFR 92.301(a)(2).
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Eligible Predevelopment Costs. The amount of the City Loan shall be finalized after the Mayor approves all Sources of Financing and uses of Acquisition and Development Costs set forth in the Project Budget (Attachment No. 7), in accordance with the Schedule of Performance (Attachment No. 5). The City Loan shall be evidenced by the City Loan Note (Attachment Nos. 8B and 8C), and repayment shall be secured by the City Deed of Trust (Attachment Nos. 9A and 9B), and Assignment of Rents (Attachment No. 10), an Assignment of Agreements (Attachment No. 11), and a UCC-1 Financing Statement (“UCC-1”) (Attachment No. 13). The Mayor or designee shall have the authority to make reasonable modifications to the terms of the City Loan Documents that may be required in order to ensure the viability of the Project, provided that such modifications do not increase the City’s obligations under the City Loan and do not materially impair the City’s interests. The Parties acknowledge that the Housing Commission and City have entered into or will enter into a separate agreement for the purchase and sale of the Hotel Metro, which consists of improved real property, commonly referred to as 000 00xx Xxxxxx xx Xxx Xxxxx, Xxxxxxxxxx. In connection with City’s acquisition of the Hotel Metro from the Housing Commission, and in accordance with and subject to the terms and conditions of this Agreement, the City/Housing Commission Agreement (Attachment No. 25) and the related Purchase and Sale Agreement between City and Housing Commission, City shall assign the City Loan Note substantially in the form attached to this Agreement as Attachment No. 8C and the corresponding City Deed of Trust substantially in the form attached to this Agreement as Attachment No. 9B to the Housing Commission.
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Eligible Predevelopment Costs. “Eligible Predevelopment Costs” means the aggregate of all reasonable, out-of-pocket costs and expenditures incurred by Tenant (or its members) or the Master Developer (whether or not reimbursed to Tenant, its members or the Master Developer) during the Predevelopment Period or the first year of the Initial Term, but in no event to exceed an aggregate of Ten Million Dollars ($10,000,000.00), in connection with site-related studies of the Premises, and the planning, design and engineering of the Backbone Infrastructure and certain other site-related improvements listed below, including costs incurred in connection with:
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Eligible Predevelopment Costs. The amount of the City Loan shall be finalized after the Mayor approves all Sources of Financing and uses of Acquisition and Development Costs set forth in the Project Budget (Attachment No. 7), in accordance with the Schedule of Performance (Attachment No. 5). The City Loan shall be evidenced by the City Loan Note (Attachment No. 8B), and repayment shall be secured by the City Deed of Trust (Attachment No. 9), an Assignment of Rents (Attachment No. 10), an Assignment of Agreements (Attachment No. 11), and a UCC-1 Financing Statement (“UCC-1”) (Attachment No. 13).
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Eligible Predevelopment Costs. The amount of the Agency Loan shall be finalized after the Executive Director approves all Sources of Financing and uses of Development Costs set forth in the Project Budget (Attachment No. 7), in accordance with the Schedule of Performance (Attachment No. 5). The Agency Loan shall be evidenced by the Agency Loan Note (Attachment No. 8B), and repayment shall be secured by the Agency Deed of Trust (Attachment No.
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Eligible Predevelopment Costs. Eligible predevelopment costs shall include costs incurred by Contractor after the date of completion of the Environmental Review under the National Environmental Protection Act (NEPA) for the Project, which Environmental Review was completed September 16, 2005. Contractor has provided a list of projected predevelopment costs for County Staff review and approval. Eligible predevelopment costs include, but are not limited to: relocation feasibility reports and relocation benefit payments, appraisal, architectural, certain environmental costs, geotechnical, survey, engineering, consultant and other costs that may be approved by County Housing staff.
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Related to Eligible Predevelopment Costs

  • Development Costs Licensee shall be responsible for all of its costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Products in the Field in the Territory.

  • Construction Contract; Cost Budget Prior to execution of a construction contract, Tenant shall submit a copy of the proposed contract with the Contractor for the construction of the Tenant Improvements, including the general conditions with Contractor (the “Contract”) to Landlord for its approval, which approval shall not be unreasonably withheld, conditioned or delayed. Following execution of the Contract and prior to commencement of construction, Tenant shall provide Landlord with a fully executed copy of the Contract for Landlord’s records. Prior to the commencement of the construction of the Tenant Improvements, and after Tenant has accepted all bids and proposals for the Tenant Improvements, Tenant shall provide Landlord with a detailed breakdown, by trade, for all of Tenant’s Agents, of the final estimated costs to be incurred or which have been incurred in connection with the design and construction of the Tenant Improvements to be performed by or at the direction of Tenant or the Contractor (the “Construction Budget”), which costs shall include, but not be limited to, the costs of the Architect’s and Engineers’ fees and the Landlord Coordination Fee. The amount, if any, by which the total costs set forth in the Construction Budget exceed the amount of the Tenant Improvement Allowance is referred to herein as the “Over Allowance Amount”. In the event that an Over-Allowance Amount exists, then prior to the commencement of construction of the Tenant Improvements, Tenant shall supply Landlord with cash in an amount equal to the Over-Allowance Amount. The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any of the then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. In the event that, after the total costs set forth in the Construction Budget have been delivered by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements shall change, any additional costs for such design and construction in excess of the total costs set forth in the Construction Budget shall be added to the Over-Allowance Amount and the total costs set forth in the Construction Budget, and such additional costs shall be paid by Tenant to Landlord immediately as an addition to the Over-Allowance Amount or at Landlord’s option, Tenant shall make payments for such additional costs out of its own funds, but Tenant shall continue to provide Landlord with the documents described in items (i), (ii), (iii) and (iv) of Section 2.2.2.1 of this Tenant Work Letter, above, for Landlord’s approval, prior to Tenant paying such costs. All Tenant Improvements paid for by the Over-Allowance Amount shall be deemed Landlord’s property under the terms of the Lease.

  • Disbursement of the Tenant Improvement Allowance Except as otherwise set forth in this Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord (each of which disbursements shall be made pursuant to Landlord’s disbursement process, which disbursement process shall require the Architect to make field verifications and written certifications as required by Landlord in connection with Landlord’s disbursements to Contractor (as defined below)) only for the following items and costs (collectively the “Tenant Improvement Allowance Items”): (a) Payment of (i) the fees of the Architect and the Engineers (as defined below), (ii) charges for Landlord’s construction consultant and Building engineer, and (iii) the fees incurred by, and the cost of documents and materials supplied by, Landlord and Landlord’s consultants in connection with the preparation and review of the Construction Drawings (as defined below); (b) The payment of plan check, permit and license fees relating to construction of the Tenant Improvements; (c) The cost of construction of the Tenant Improvements, including, without limitation, any cost of after-hours freight elevator usage; (d) The cost of any changes in the Base, Shell, and Core when such changes are required by the Construction Drawings, such cost to include all direct architectural and/or engineering fees and expenses incurred in connection therewith; (e) The cost of any changes to the Construction Drawings or Tenant Improvements required by applicable laws and building codes (collectively, “Code”); (f) Sales and use taxes; and (g) All other costs to be expended by Landlord in connection with the construction of the Tenant Improvements. In no event shall the Tenant Improvement Allowance Items include any costs of procuring or installing in the Premises any trade fixtures, equipment, furniture, furniture partitions or systems, furnishings, telephone, telecommunications, data and security wiring, cabling and equipment, or other personal property (“Personal Property”) to be used in the Premises by Tenant, and the cost of such Personal Property shall be paid by Tenant.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.

  • Project Cost An updated cost spreadsheet reflecting the current forecasted cost vs. the latest approved budget vs. the baseline budget should be included in this section. One way to track project cost is to show: (1) Baseline Budget, (2) Latest Approved Budget, (3) Current Forecasted Cost Estimate, (4) Expenditures or Commitments to Date, and (5) Variance between Current Forecasted Cost and Latest Approved Budget. Line items should include all significant cost centers, such as prior costs, right-of-way, preliminary engineering, environmental mitigation, general engineering consultant, section design contracts, construction administration, utilities, construction packages, force accounts/task orders, wrap-up insurance, construction contingencies, management contingencies, and other contingencies. The line items can be broken-up in enough detail such that specific areas of cost change can be sufficiently tracked and future improvements made to the overall cost estimating methodology. A Program Total line should be included at the bottom of the spreadsheet. Narratives, tables, and/or graphs should accompany the updated cost spreadsheet, basically detailing the current cost status, reasons for cost deviations, impacts of cost overruns, and efforts to mitigate cost overruns. The following information should be provided:

  • Disbursement of Tenant Improvement Allowance During the construction of the Tenant Improvements, Landlord shall make monthly disbursements of the Tenant Improvement Allowance for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of monies for the benefit of Tenant as follows.

  • Medical Expenses 1. Employees exposed to hazardous physical, biological, or chemical agents shall be provided, at no cost to the employee, with medical examinations or evaluations required by VOSHA regulations. If there are no specific VOSHA regulations or standards for the agent in question, recommendations of the National Institute of Occupational Safety and Health or other generally recognized expert organization shall be used, as determined by the Commissioner of Health. 2. Employees determined by the Health Department to be at substantial risk for exposure to contagious diseases shall be provided appropriate vaccines. Groups at risk will be defined by the Vermont Department of Health. If no guidelines have been published by the Department of Health, the guidelines published by the Center for Disease Control in Atlanta, Georgia will apply. Vaccines and/or appropriate medical examinations will be provided at no cost to the employee according to applicable guidelines. 3. Any Department wishing to implement a Medical Monitoring Program on or after July 1, 1990, shall do so by conferring with the Health Department, and the Department of Human Resources. Prior to implementation, the Department of Human Resources shall notify VSEA. The parties shall meet within ten (10) days (unless mutually extended) after a request for negotiations by either party and thereafter on a regular basis for a period not exceeding forty-five (45) calendar days, after which the State may implement the program, whether or not the parties have bargained to genuine impasse. The VSEA shall retain all statutory impasse procedure rights as may be lawfully available to VSEA during the life of this Agreement, provided, however, the State at any time may withdraw its proposed medical monitoring program or terminate without further bargaining a medical monitoring program previously implemented, in which case, such retained statutory impasse procedure rights are extinguished.

  • Payment of Operating Expenses Subject to the provisions of Section 6.08(c), Borrower will (i) pay the expenses of operating, managing, maintaining and repairing the Mortgaged Property (including utilities, Repairs and Capital Replacements) before the last date upon which each such payment may be made without any penalty or interest charge being added, and (ii) pay Insurance premiums at least 30 days prior to the expiration date of each policy of Insurance, unless applicable law specifies some lesser period.

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

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