Project Amount Sample Clauses

Project Amount. A minimum amount of Sale Proceeds equal to 98% of each draw will be used to pay Project Costs.
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Project Amount. Sale Proceeds to be used to pay the costs of the Project, and the investment earnings thereon, may be invested without regard to yield restriction for a three-year period commencing on the date hereof, and are subject to the Rebate Requirement.
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Project Amount. The parties propose to dedicate $67,860 to the Private Lateral Replacement SEP. In Central Valley Regional Water Quality Control Board (Regional Board) Order No R5-2019-0514, the Regional Board found that the City of Xxxxxxx is a small community with a financial hardship. The City’s wastewater treatment plant and collection system serves a population of 4,651 with a median household income (MHI) of $45,278, which is 67% of the statewide MHI, according to the 2013-2017 American Community Survey 5-Year Estimates. Pursuant to State Water Resources Control Board Resolution 2017-0074, Policy on Supplemental Environmental Projects, 100% of the proposed civil liability of an enforcement action may be dedicated to a Supplemental Environmental Project in a City that is designated as a small community with a financial hardship. The City of Xxxxxxx is a small community with a financial hardship, and it is therefore appropriate to dedicate 100% of the proposed liability to a SEP or SEPs within the City. This proposed project, along with the City of Xxxxxxx (City) Slip Lining Project, will use 100% of the proposed liability in this case.
Sample 1
Project Amount. The parties seek to devote a total of $135,720 to this SEP (which reflects the remaining amount of penalty funds once the City of Xxxxxxx Private Lateral Replacement Grant Project is funded). The project cost is estimated to be approximately $315,000. The SEP funds will make up approximately 42% of the total project cost. Pursuant to State Water Resources Control Board Resolution 2017-0074, Policy on Supplemental Environmental Projects, 100% of the proposed civil liability of an enforcement action may be dedicated to a Supplemental Environmental Project in a City that is designated as a small community with a financial hardship. The SEP policy defines a community with financial hardship as, inter alia, any community where the median household income (MHI) is less than 80% of the statewide average. In Order No R5-2019-0514, the Central Valley Regional Board found that the City of Xxxxxxx is a small community with a financial hardship. The City’s wastewater treatment plant and collection system serves a population of 4,651 with an MHI of $45,278, which is 67% of the statewide MHI, according to the 2013-2017 American Community Survey 5-Year Estimates. The City of Xxxxxxx is a small community with a financial hardship, and it is therefore appropriate to dedicate 100% of the proposed liability to a SEP or SEPs within the City. This proposed project, along with the City of Xxxxxxx Private Lateral Replacement Grant Project, will use 100% of the proposed liability in this case.
Sample 1
Project Amount. The Discharger will dedicate one hundred eighty-nine thousand three hundred and thirty-four dollars ($189,334) for a supplemental environmental project (SEP).
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Project Amount. The budget amount approved for the Project is ($ ) Dollars (“Budget”). SUBRECIPIENT hereby agrees to abide by the Activity Budget Summary as shown in Appendix D, attached hereto and made a part hereof, that may specify the percent of time allocated for each listed individual and provide documentation of all expenditures for which reimbursement is sought in accordance with this Agreement. The SUBRECIPIENT shall submit any amendments to this budget in writing to the CITY; the CITY shall have the authority to approve or deny such budget amendments. Additional budget allocations may only be authorized by a written amendment to this agreement.
Sample 1

Related to Project Amount

  • Appraised Value If an Objecting Party objects in writing to the Initial Valuation within ten (10) days after its receipt of the Valuation Notice, the Objecting Party, within fourteen (14) days from the date of such written objection, shall engage an Independent Appraiser (the “First Appraiser”) to determine within thirty (30) days of such engagement the Fair Market Value of the Partnership Interests (the “First Appraised Value”). The cost of the First Appraiser shall be borne by the Objecting Party. If the First Appraised Value is at least eighty percent (80%) of the Initial Value and less than or equal to one hundred twenty percent (120%) of the Initial Value, then the Purchase Price shall be the average of the Initial Value and the First Appraised Value. If the First Appraised Value is less than eighty percent (80%) of the Initial Value or more than one hundred twenty percent (120%) of the Initial Value, then the Partnership and the Objecting Party shall, within fourteen (14) days from the date of the First Appraised Value, mutually agree on and engage a second Independent Appraiser (the “Final Appraiser”). The cost of the Final Appraiser shall be borne equally by the Partnership and the Objecting Party. The Final Appraiser shall determine within thirty (30) days after its engagement the Fair Market Value of the Partnership Interests, but if such determination is less than the lesser of the Initial Value and the First Appraised Value then the lesser of the Initial Value and the First Appraised value shall be the value or if such determination is greater than the greater of the Initial Value and the First Appraised Value then the greater of the Initial Value and the First Appraised Value shall be the value (the “Final Valuation”). The Purchase Price shall be equal to the Final Valuation and shall be final and binding upon the parties to this Agreement for purposes of the subject transaction.

  • Initial Cost Subject to reimbursement as hereinafter provided, the cost of organizing the Trust and the sale of the Units shall be borne by the Depositor, provided, however, that the liability on the part of the Depositor under this Section 3.01 shall not include any fees or other expenses incurred in connection with the administration of the Trust subsequent to the deposit referred to in Section 2.01. At the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period (as certified by the Depositor to the Trustee), the Trustee shall withdraw from the account(s) specified in the Prospectus or, if no account is therein specified, from the Capital Account, and pay to the Depositor the Depositor’s reimbursable expenses of organizing the Trust in an amount certified to the Trustee by the Depositor. In no event shall the amount paid by the Trustee to the Depositor for the Depositor’s reimbursable expenses of organizing the Trust exceed the estimated per Unit amount of organization costs set forth in the Prospectus for the Trust multiplied by the number of Units of the Trust outstanding at the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period; nor shall the Depositor be entitled to or request reimbursement for expenses of organizing the Trust incurred after the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period. If the cash balance of the Capital Account is insufficient to make such withdrawal, the Trustee shall, as directed by the Depositor, sell Securities identified by the Supervisor, or distribute to the Depositor Securities having a value, as determined under Section 5.01 as of the date of distribution, sufficient for such reimbursement provided that such distribution is permissible under applicable laws and regulations. Securities sold or distributed to the Depositor to reimburse the Depositor pursuant to this Section shall be sold or distributed by the Trustee, to the extent practicable, in the Percentage Ratio then existing (unless the Trust is a RIC, in which case sales or distributions by the Trustee shall be made in accordance with the instructions of the Supervisor or its designees). The reimbursement provided for in this Section shall be for the account of Unitholders of record at the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period. Any assets deposited with the Trustee in respect of the expenses reimbursable under this Section 3.01 shall be held and administered as assets of the Trust for all purposes hereunder. Any cash which the Depositor has identified as to be used for reimbursement of expenses pursuant to this Section 3.01 shall be held by the Trustee, without interest, and reserved for such purposes and, accordingly, prior to the earlier of six (6) months after the Initial Date of Deposit or the conclusion of the initial offering period, shall not be subject to distribution or, unless the Depositor otherwise directs, used for payment of redemptions in excess of the per Unit amount payable pursuant to the next sentence. If a Unitholder redeems Units prior to the earlier of six months after the Initial Date of Deposit or the conclusion of the initial offering period, the Trustee shall pay the Unitholder, in addition to the Unit Value of the tendered Units (in the computation of which the expenses reimbursable pursuant to this Section shall have been deducted), unless otherwise directed by the Depositor, an amount equal to the estimated per Unit cost of organizing the Trust set forth in the Prospectus, or such lower revision thereof most recently communicated to the Trustee by the Depositor, multiplied by the number of Units tendered for redemption; to the extent the cash on hand in the Trust is insufficient for such payments, the Trustee shall have the power to sell Securities in accordance with Section 6.02. As used herein, the Depositor’s reimbursable expenses of organizing the Trust shall include, but are not limited to, the cost of the initial preparation and typesetting of the registration statement, prospectuses (including preliminary prospectuses), the Indenture, and other documents relating to a Trust Securities and Exchange Commission and state blue sky registration fees, the costs of the initial valuation of the portfolio and audit of a Trust, the costs of a portfolio consultant, if any, one-time licensing fees, if any, the initial fees and expenses of the Trustee, and legal and other out-of-pocket expenses related thereto, but not including the expenses incurred in the printing of prospectuses (including preliminary prospectuses), expenses incurred in the preparation and printing of brochures and other advertising materials and any other selling expenses.”

  • 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.

  • Final Completion The full and final completion of all Work in accordance with the Contract Documents.

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