Project Co’s Costs Sample Clauses

Project Co’s Costs. The Authority will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 (Authority Events of Default).
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Project Co’s Costs. BC Hydro will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 14 of this Agreement.
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Project Co’s Costs. The City shall reimburse Project Co for all reasonable costs properly incurred by Project Co in exercising its rights in the circumstances of a City event of default, including any relevant increased administrative expenses. Project Co shall take commercially reasonable steps to mitigate such costs. Termination for Convenience The City shall, in its discretion and for any reason whatsoever, be entitled to terminate the Project Agreement at any time on 180 days’ written notice to Project Co. Upon such notice the City shall, at any time before the expiration of the notice, be entitled to direct Project Co to refrain from commencing, or allowing any third party to commence, the works or the Highway 417 works, or any part or parts of the works or the Highway 417 works, or the maintenance services, or any element of the maintenance services, where such works, Highway 417 works or maintenance services have not yet been commenced. Project Co Indemnities to the City Project Co shall indemnify and save harmless the City from all direct losses which may be suffered as a result of, including but not limited to any one or more of the following examples: any physical loss of or damage to all or any part of the site, the Highway 417 site, the OLRT system, the Highway 417, or to any equipment, assets or other property related thereto; the death or personal injury of any person; any physical loss of or damage to property or assets of any third party; any other loss or damage of any third party including injurious affection arising from or in consequence of any act or omission of Project Co in respect of the design and construction works that are not in compliance with the requirements set out in the Project Agreement and in the applicable laws, including the City’s by-laws; any obligations of Project Co to satisfy judgments and pay costs resulting from construction liens arising from the performance of the Highway 417 works or actions brought in connection with any such liens, or in connection with any other claim or lawsuit brought against the City by any person that provided services or materials to the Highway 417 site which constituted part of the Highway 417 works; the Project Agreement also provides for liquidated damages in the amount of $1,000,000 in each case in the event of failure to meet the required dates in respect of revenue service availability and in respect of the Highway 417 scheduled substantial Material Term Description completion. The liquidated dama...
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Project Co’s Costs. PUC will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 (PUC Events of Default).
Sample 1
Project Co’s Costs. The City shall reimburse Project Co for all reasonable costs properly incurred by Project Co in exercising its rights in the circumstances of a City event of default, including any relevant increased administrative expenses. Project Co shall take commercially reasonable steps to mitigate such costs. Termination for Convenience The City shall, in its sole discretion and for any reason whatsoever, be entitled to terminate the Project Agreement at any time on 180 days’ written notice to Project Co. Upon such notice, the City shall, at any time before the expiration of the notice, be entitled to direct Project Co to refrain from commencing, or allowing any third party to commence, the works, or any part or parts of the works, or the maintenance and rehabilitation services where such works or maintenance and rehabilitation services have not yet been commenced. Project Co Project Co shall indemnify and save harmless the City and City parties and each of their respective Indemnities to the City representatives from and against any and all direct losses which may be suffered as a result of any one or more of the following examples, including, but not limited to, the following examples: • any physical loss of or damage to all or any part of the Trillium Line Project lands, adjacent lands, system infrastructure or new municipal infrastructure, or to any equipment, assets or other property related thereto; • the death or personal injury of any person; • any physical loss of or damage to property or assets of any third party; • any other loss or damage of any third party; • injurious affection claims made by third parties arising from or in consequence of act or omission of Project Co or any Project Co party in respect of the performance or breach of the Project Agreement, except to the extent caused, or contributed to, by the City or any City party; • a deliberate or negligent act or omission of a system user that results in undue interference with Project Co’s performance of the maintenance and rehabilitation services for which Project Co has been unable to take commercially reasonable steps necessary to prevent, negate or mitigate the undue interference due to acting in accordance with a recommendation or instruction of the City or an appropriate City party, except to the extent that: o any such deliberate or negligent act or omission is caused, or contributed to, by Project Co or any Project Co party; or o the system user is acting in accordance with a direction, ...
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Project Co’s Costs. The Province will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 [Province Events of Default].
Sample 1

Related to Project Co’s Costs

  • 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.

  • Direct Costs Insert the major cost elements. For each element, consider the application of the paragraph entitled “Costs Requiring Prior Approval” on page 1 of these instructions.

  • Total Project Costs The sum of the Construction Cost, allowances for contingencies, and the total costs of services of Engineer or other design professionals and consultants, together with such other Project-related costs that Owner furnishes for inclusion, including but not limited to cost of land, rights-of-way, compensation for damages to properties, Owner’s costs for legal, accounting, insurance counseling and auditing services, interest and financing charges incurred in connection with the Project, and the cost of other services to be provided by others to Owner pursuant to Exhibit B of this Agreement.

  • 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.

  • Construction Costs Under no circumstances shall the Consultant be liable for extra costs or other consequences due to unknown conditions or related to the failure of contractors to perform work in accordance with the plans and specifications. Consultant shall have no liability whatsoever for any costs arising out of the Client’s decision to obtain bids or proceed with construction before the Consultant has issued final, fully-approved plans and specifications. The Client acknowledges that all preliminary plans are subject to substantial revision until plans are fully approved and all permits obtained.

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • Project Cost a. The estimated cost of the Project is $4,879,384.00 (Four Million Eight Hundred Seventy-Nine Thousand Three Hundred Eighty-Four Dollars and No/100). This amount is based upon the Schedule of Financial Assistance in Exhibit "B", Schedule of Financial Assistance, attached and incorporated in this Agreement. The Schedule of Financial Assistance may be modified by execution of an amendment of the Agreement by the Parties.

  • Payment of Project Costs The Grantee agrees that it will provide for payment of its full share of Project costs and that all costs connected with the Project will be paid by the Grantee on a timely basis.

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