Expansion Project–Capital Investment Commitment. (if applicable, as specified below) a. The Customer shall make a minimum capital investment of $4,900,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery and equipment $ 4,900,000 Total Expansion Project Capital Investment Commitment: b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority. I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 6,000,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery and Building expenses $2,848,000 Production equipment $ 4,900,000 $2,012,000 Capital facility expenses $1,140,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25January 26, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 290,820,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery Land and Construction $ 79,650,000 Machinery and equipment $ 4,900,000 206,500,000 Infrastructure and associated upgrades $ 4,670,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25March 30, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 155,926,200 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery Building Purchase $ 1,300,000 Tooling jigs and fixtures $ 81,666,200 Manufacturing equipment $ 4,900,000 62,300,000 Workstations and software $ 10,660,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25January 26, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 19,000,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery and equipment Land investment $ 4,900,000 250,000 Renovations $ 11,750,000 Warehouse renovation $ 200,000 Initial refinery construction $ 5,000,000 Refinery expansion $ 1,800,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25January 26, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 10,500,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding Office space, cleanroom, & manufacturing costs $ 6,500,000 Injection molding machinery and & equipment $ 4,900,000 4,000,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25July 27, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 8,615,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery Building and construction $ 6,915,000 Machinery and equipment $ 4,900,000 1,700,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25March 30, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 13,000,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding New building construction $ 2,500,000 Cold isostatic press (CIP) unit $ 6,500,000 Furnace machinery and & equipment $ 4,900,000 2,800,000 Electric upgrades $ 1,200,000 Total Expansion Project Capital Investment Commitment:
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25July 27, 2024 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power
Expansion Project–Capital Investment Commitment. (if applicable, as specified below)
a. The Customer shall make a minimum capital investment of $4,900,000 3,400,000 to construct, furnish and/or expand the Facility (“Expansion Project Capital Investment Commitment”). The Expansion Project Capital Investment Commitment is expected to consist of the following approximate expenditures on the items indicated: Shredding machinery $1,600,000 – Storage tanks and equipment installation $ 4,900,000 Total Expansion Project Capital Investment Commitment:200,000 – Fruit mixing system $ 250,000 – Clean in place sanitation equipment
b. The Expansion Project Capital Investment Commitment shall be made, and the Facility shall be completed and fully operational, no later than May 25January 30, 2024 2022 (i.e., within three (3) years of the date of the Authority’s award of the Allocation). Upon request of the Customer, such date may be extended in the discretion of the Authority.
I. DEFINITIONS
Appears in 1 contract
Samples: Agreement for the Sale of Preservation Power and Energy