Unallocated Contingency Sample Clauses

Unallocated Contingency. CHSRA will allocate a portion of the Project budget as unallocated contingency consistent with the CHSRA Contingency Management Plan submitted to FRA for review and comment. CHSRA will update the Contingency Management Plan quarterly. PROJECT SCHEDULE CHSRA will complete all Tasks in this Agreement according to the following schedule and the detailed schedule which is on file with FRA. The detailed Project Schedule is the CHSRA’s master schedule for the Tasks in this Agreement and is independent of the various FCS Design- Build contractors’ detailed project schedules. The detailed Project Schedule will be organized in the format of the WBS reviewed by FRA in Task 5 and be consistent with the phases of Project development. This schedule will indicate a detailed breakdown of Project activities within the WBS, the duration of each activity, the earliest date each activity could commence, predecessor and successor activities, and clearly indicate schedule float. CHSRA will provide FRA with quarterly updates to the detailed Project schedule for review and comment. Table 1: Schedule Start* Finish Task 5: Program, Project, FCS CN Management 7-1-2012 12-31-2022 Start* Finish Task 6: Real Property Acquisition 7-1-2011 3-31-2022 Task 7: Early Works (N/A) Task 8: Final Design and Construction Contract Work (CP1-CP5) 4-1-2012 12-31-2022 Task 9: Project Reserve (Throughout) 12-31-2022 Task 10: Unallocated Contingency (Throughout) 12-31-2022 *These start dates are the same as in the ARRA grant for consistency. The dates showing when CHSRA proposes to expend FY10 funding are reflected in the detailed Project schedule. PROJECT ADMINISTRATION CHSRA will provide Project receipts and documents as required by FRA. CHSRA will obtain documentation of materials, payrolls and work performed, invoices and receipts, etc., during the Program from contractors and consultants as conditions of payment. These will be submitted or made available to FRA as required. PROJECT BUDGET The total amount of federal funding and Grantee matching cash contribution provided under this Agreement is $1,288,425,000, $1,021,400,000 from the December 2010 award and $267,025,000 from the May 2011 award. Of the total amount FRA will contribute no more than $928,620,000 and CHSRA will contribute not less than $359,805,000. Of the December 2010 award, FRA shall contribute up to 70% but no more than $715,000,000 and CHSRA will contribute not less than 30% or $306,400,000 Of the May 201l award FRA shall contri...
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Unallocated Contingency. Contingency Management Plan (CMP) 00-00 XXX Xxxxxxxxx Updates Quarterly To the extent any of foregoing schedule tasks or associated deliverables cannot be completed until associated environmental review is completed, FRA and CHSRA agree to modify the schedule by Amendment to this Agreement. PROJECT ADMINISTRATION CHSRA will provide Project receipts and documents as required by FRA. CHSRA will obtain documentation of materials, payrolls and work performed, invoices and receipts, etc., during the Program from contractors and consultants as conditions of payment. These will be submitted or made available to FRA as required. PROJECT BUDGET The total estimated cost of the Project is $5,058,327,462. The total estimated cost for activities in Attachment 3 and the activities in Attachment 3A excluding Task 8.1 is $4,950,325,462 of which FRA will contribute an estimated 50% but not more than $2,466,176,231. The total estimated cost of Attachment 3A, Task 8.1 is $107,975,000 for which FRA will contribute an estimated 80% but not more than $86,380,000.13 Any additional expense required beyond that 13 Because the Grantee contribution is different, the funding has been split into Tasks 8 and 8.1 to facilitate tracking the appropriate contribution and any associated requirements. provided in this statement of work shall be borne by CHSRA. A cost summary by task is shown below and a detailed budget is on file with FRA. These are estimates only and cover work that will be required regardless of the specific facilities and horizontal/vertical alignments for the Central Valley portion of the CHSTP CHSRA and FRA ultimately select. Cost Summary Task Description Federal State Local Total Task 5: Design/Build Program Management $333,526,830.00 $333,526,831.00 $0.00 $667,053,661.00 Task 6: Real Property Acquisition $165,109,906.00 $161,109,906.00 $6,000,000.00 $332,219,812.00 Task 7: Early Work Program $125,612,570.00 $125,612,569.00 $0.00 $251,225,139.00 Task 8: Design/Build Contract Work $1,455,774,423.00 $1,455,774,423.00 $0.00 $2,911,548,846.00 8.1 Design/Build Contract Work – May 2011 ARRA Funds $86,380,000 $21,595,000 $0.00 $107,975,000 Task 9: Project Reserves 9.1 Project Reserve $0.00 $37,195,511.00 $0.00 $37,195,511.00 9.2 Interim Use Reserve $108,023,253.00 $0.00 $0.00 $108,023,253.00 Task 10: Unallocated Contingency $46,629,249.00 $117,456,991.00 $0.00 $164,086,240.00 TOTAL $2,552,556,231 $2,505,771,231 $6,000,000 $5,058,327,462 PROJECT COORDINATION CHSRA will perform...
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Unallocated Contingency. CHSRA has allocated 5% of the Project budget as unallocated contingency. The management and use of contingency funds will be described in a Contingency Management Plan that will be prepared as part of the updated Program Management Plan. PROJECT SCHEDULE The initial construction section in the Central Valley funded with ARRA money defined as Fresno to Bakersfield (Xxxx County) will be completed, and all reimbursable expenses per this Agreement will have been submitted and approved by FRA by September 2017 consistent with Section 8 of Attachment 1B. A detailed schedule outlining additional milestones for the initial construction section is on file with FRA. Start Finish Task 5: Design/Build Program Management 4-1-11 9-30-17 Task 6: Real Property Acquisition 7-1-11 6-30-14 Task 7: Early Work Program 7-1-11 12-1-14 Task 8: Design/Build Contract Work 4-1-12 9-30-17 Task 8:1 Design/Build Contract Work – May 2011 ARRA Funding 4-1-12 9-30-17 Task 9: Project Reserve Throughout 9-30-17 Start Finish the Project Task 10: Unallocated Contingency Throughout the Project 9-30-17 PERFORMANCE OBJECTIVES AND DELIVERABLES CHSRA shall achieve the following performance objectives to be authorized for funding of Project components and for the Project to be considered complete. Overall Postaward Prerequisites
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Unallocated Contingency. Without the prior written consent of the Administrative Agent, the Borrowers shall not allocate amounts of the Unallocated Contingency Balance to other Line Items in the Construction Component of the Budget if such allocation causes the remaining Unallocated Contingency Balance to be less than the Required Minimum Contingency. The Borrowers shall submit a monthly detailed written report to the Construction Consultant stating all uses of the Contingency by the Borrowers during the month covered by the report.
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Unallocated Contingency. This programme contains an unallocated contingency of 0,3 M€ that can be made available to Lithuania, as needed, on the basis of an Exchange of Letters between the European Commission and the Government of Lithuania. The unallocated amount can be made available, in particular, in view of any needs arising to fund the completion of Community-funded activities linked to the installation of a Diverse Second Shutdown System (DSS) in Unit 2 of the Ignalina NPP. The DSS project is currently being implemented through the following three PHARE-funded projects: (1) Installation of the DSS – main contract, whose beneficiary is INPP; (2) Management support at INPP for the implementation of the DSS, and (3) TSO support to VATESI for the review and licensing of the DSS. The DSS is expected to be fully operational by July 2004. This period is essentially covered by the three projects above. Although this schedule is realistic, the installation of the system is extremely complex, and, therefore, the risk of a yet unforeseen problem emerging that can lead to delays in its implementation, cannot be ruled out. The contingency budget of 0,3 M€ seeks to hedge against any such risk that could jeopardise the complete implementation of this important system. Poland 5812.05
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Related to Unallocated Contingency

  • Permitted Withdrawals From Escrow Account Withdrawals from the Escrow Account or Accounts may be made by the Servicer only:

  • No Release; Return or Destruction Each Party agrees not to release or disclose, or permit to be released or disclosed, any information addressed in Section 6.9(a) to any other Person, except its Representatives who need to know such information in their capacities as such (who shall be advised of their obligations hereunder with respect to such information), and except in compliance with Section 6.10. Without limiting the foregoing, when any such information is no longer needed for the purposes contemplated by this Agreement or any Ancillary Agreement, and is no longer subject to any legal hold or other document preservation obligation, each Party will promptly after request of the other Party either return to the other Party all such information in a tangible form (including all copies thereof and all notes, extracts or summaries based thereon) or notify the other Party in writing that it has destroyed such information (and such copies thereof and such notes, extracts or summaries based thereon); provided, that the Parties may retain electronic back-up versions of such information maintained on routine computer system backup tapes, disks or other backup storage devices; provided further, that any such information so retained shall remain subject to the confidentiality provisions of this Agreement or any Ancillary Agreement.

  • Acknowledgement of Discretionary Nature of the Plan; No Vested Rights By accepting the Restricted Stock Units, the Participant consents to participation in the Plan and acknowledges receipt of a copy of the Plan. The Participant understands that the Company has unilaterally, gratuitously and in its sole discretion granted Restricted Stock Units under the Plan to individuals who may be Participants of the Company or its subsidiaries throughout the world. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not economically or otherwise bind the Company or any of its subsidiaries on an ongoing basis. Consequently, the Participant understands that the Restricted Stock Units are granted on the assumption and condition that the Restricted Stock Units and the Shares acquired upon settlement of the Restricted Stock Units shall not become a part of any employment contract (either with the Company or any of its subsidiaries) and shall not be considered a mandatory benefit, salary for any purposes (including severance compensation) or any other right whatsoever. In addition, the Participant understands that this grant would not be made to the Participant but for the assumptions and conditions referenced above; thus, the Participant acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason the Restricted Stock Units shall be null and void. The Participant understands and agrees that, as a condition of the Restricted Stock Units, unless otherwise provided in Section 4 (Termination of Employment) of the Agreement, any unvested Restricted Stock Units as of the date the Participant ceases active employment will be forfeited without entitlement to the underlying Shares or to any amount of indemnification in the event of termination of employment or service. The Participant acknowledges that the Participant has read and specifically accepts the conditions referred to in the Agreement regarding the impact of a termination on the Restricted Stock Units.

  • Insurance Casualty Condemnation Restoration SECTION 8.1. INSURANCE SECTION 8.2. CASUALTY SECTION 8.3. CONDEMNATION SECTION 8.4. RESTORATION

  • Payment in the Event Losses Fail to Reach Expected Level On the date that is 45 days following the last day (such day, the “True-Up Measurement Date”) of the Final Shared Loss Month, or upon the final disposition of all Shared Loss Assets under this Single Family Shared-Loss Agreement at any time after the termination of the Commercial Shared-Loss Agreement, the Assuming Institution shall pay to the Receiver fifty percent (50%) of the excess, if any, of (i) twenty percent (20%) of the Intrinsic Loss Estimate less (ii) the sum of (A) twenty-five percent (25%) of the asset premium (discount) plus (B) twenty-five percent (25%) of the Cumulative Shared-Loss Payments plus (C) the Cumulative Servicing Amount. The Assuming Institution shall deliver to the Receiver not later than 30 days following the True-Up Measurement Date, a schedule, signed by an officer of the Assuming Institution, setting forth in reasonable detail the calculation of the Cumulative Shared-Loss Payments and the Cumulative Servicing Amount.

  • FORFEITURE ALLOCATION Subject to any restoration allocation required under Sections 5.04 or 9.14, the Advisory Committee will allocate a Participant forfeiture in accordance with Section 3.04: (Choose (a) or (b); (c) and (d) are optional in addition to (a) or (b))

  • Reallocation 4. Notwithstanding the allocation of Loan proceeds and the withdrawal percentages set forth in the Table,

  • Termination Event; Notice The Purchase Contracts and all obligations and rights of the Company and the Holders thereunder, including, without limitation, the rights of the Holders to receive and the obligation of the Company to pay any Purchase Contract Payments (including any deferred or accrued and unpaid Purchase Contract Payments), if the Company shall have such obligation, and the rights and obligations of Holders to purchase Common Stock, shall immediately and automatically terminate, without the necessity of any notice or action by any Holder, the Purchase Contract Agent or the Company, if, prior to or on the Purchase Contract Settlement Date, a Termination Event shall have occurred.

  • Capital Account Restoration No Limited Partner shall have any obligation to restore any negative balance in its Capital Account upon liquidation of the Partnership. The General Partner shall be obligated to restore any negative balance in its Capital Account upon liquidation of its interest in the Partnership by the end of the taxable year of the Partnership during which such liquidation occurs, or, if later, within 90 days after the date of such liquidation.

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