Unforeseen Costs Sample Clauses

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Unforeseen Costs. In the event of unforeseen circumstances that have a significant financial impact on the operation of the Shelter, the Parties agree to equally share in the costs attributed to the increased costs with the City unless it is an identifiable cost associated with a specific Party, in which case the responsible Party alone will share in financial responsibility with the City. Examples of unforeseen costs may be large animal cruelty seizure cases, natural disasters or breakouts of disease affecting animals.
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Unforeseen Costs. In the event the cost of the acquisition, construction, installation and equipping of the Premises is in excess of the amount budgeted therefor by the Lessor and approved by the Lessee as a result of (i) changes in laws applicable to buildings or facilities leased by public agencies after the date of execution of the Lease Agreement, (ii) the remediation or correction of the condition of the Site or other cost associated with soil conditions (such as dewatering or rock excavation) but excluding conditions related to Hazardous Substances which was not reasonably foreseeable by the Lessor or its agents on the date of execution of the Lease Agreement (and which would not have been reasonably foreseeable to a Developer skilled in the construction of projects similar to the Premises), (iii) Force Majeure events as set forth in the Lease Agreement, (iv) delay in the acquisition, construction, installation and equipping of the Premises as a result of actions, suits or other challenges by third parties relating to any finding or determination required under the California Environmental Quality Act by any involved public agency, (v) deductibles required to be paid by the Lessor in connection with any insurance required under Section 20 of the Lease Agreement or any other insurance policies carried, as the case may be, by the Lessor, the Base Building Contractor and/or the Contractor, (vi) the estimated direct costs of any delay in the construction process (including carrying costs) resulting from or in connection with any of the events or occurrences in clauses (i) through (v) above, and (vii) financing by the Lessor of any of the costs incurred in connection with clauses (i) through (vi) above (the “Unforeseen Costs”), the Lessee hereby agrees to pay such Unforeseen Costs in an aggregate amount not to exceed 10% of the original principal amount of the Bonds delivered to finance the construction of the Premises immediately following the submission of an invoice by the Lessor for such Unforeseen Costs. Alternatively, the Lessee, with the reasonable approval of the Lessor, may request that the Lessor cause to be executed and delivered additional Bonds to finance the Unforeseen Costs (subject to the limitation provided in the preceding sentence) but only in accordance with the documents pursuant to which the Bonds were issued and delivered and following the execution of an amendment to the Lease Agreement increasing the Base Rent to an amount at least sufficient to pa...
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Unforeseen Costs. Owner agrees to indemnify, defend and hold the City harmless against any costs or liabilities arising out of and directly connected with this Agreement.
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Unforeseen Costs. Client is responsible for any additional costs which are unforeseen at the time the Agreement is entered into, but arise from issues beyond the reasonable control of HeyChef! In other situations there may be other unforeseen consequences that necessitate a modification in costs.
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Unforeseen Costs. 7.1. The Customer shall be liable to meet the cost of any additional work, services or fittings that need to be provided to rectify any event or situation which arises during the course of the works that are unexpected or are beyond The Company's control. The Company cannot be held responsible for such events or situations.
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Unforeseen Costs. 19.1. The client hereby authorizes HOMESTAR in his/her absence to instruct a contractor of his choice and his sole discretion to repair broken glass, lock or burglar bars and/or to position a guard at the premises of the client in order to safeguard the interest of the client, in the case of a verified burglary. The repair- costs will be for the client’s account. ▇▇.▇. ▇▇ the event of the client moving to another premises and wishes to transfer the radio transmitter to his/her new address, the client will be responsible for the transfer costs.
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Related to Unforeseen Costs

  • Operating Costs Tenant shall pay to Landlord the Tenant’s Percentage of Operating Costs (as hereinafter defined) incurred by Landlord in any calendar year. Tenant shall remit to Landlord, on the first day of each calendar month, estimated payments on account of Operating Costs, such monthly amounts to be sufficient to provide Landlord, by the end of the calendar year, a sum equal to the Operating Costs, as reasonably estimated by Landlord from time to time. The initial monthly estimated payments shall be in an amount equal to 1/12th of the Initial Estimate of Tenant’s Percentage of Operating Costs for the Calendar Year. If, at the expiration of the year in respect of which monthly installments of Operating Costs shall have been made as aforesaid, the total of such monthly remittances is greater than the actual Operating Costs for such year, Landlord shall promptly pay to Tenant, or credit against the next accruing payments to be made by Tenant pursuant to this subsection 4.2.3, the difference; if the total of such remittances is less than the Operating Costs for such year, Tenant shall pay the difference to Landlord within twenty (20) days from the date Landlord shall furnish to Tenant an itemized statement of the Operating Costs, prepared, allocated and computed in accordance with generally accepted accounting principles. Any reimbursement for Operating Costs due and payable by Tenant with respect to periods of less than twelve (12) months shall be equitably prorated.

  • Excess Costs Subject to the provisions of Section 4.1.3 below, if (a) the actual cost of any line item of the Work set forth in the Budget (including all fees and soft costs) exceeds the portion of the Contract Sum allocated for that line item in the Budget, or (b) additional unanticipated costs are identified after the date of this Agreement for which amounts were not allocated or reallocated in the Budget (collectively, the “Excess Costs”), Contractor shall be solely responsible at its sole cost and expense for, and shall pay, the amount of all such Excess Costs required to complete the Work (or the component thereof) and otherwise to fulfill all of its obligations under this Agreement without reimbursement for the Excess Costs by Owner. In addition, if Owner reasonably and in good faith anticipates that an Excess Cost will be incurred to achieve Completion of the Work, Owner may provide written notice thereof to Contractor (“Cost Overrun Notice”). Within twenty (20) business days after receipt of such Cost Overrun Notice, Contractor may dispute the contents of such Cost Overrun Notice by delivering written notice thereof to Owner (the “Cost Overrun Dispute Notice”) explaining in reasonable detail that Owner’s estimation of Excess Costs is incorrect. If Contractor fails to deliver a Cost Overrun Dispute Notice, Contractor shall be deemed to have waived its right to dispute the Excess Costs identified in such Cost Overrun Notice. If Contractor delivers a Cost Overrun Dispute Notice, Owner may (A) withdraw such Cost Overrun Notice, (B) modify such Cost Overrun Notice to conform to all or any corrections offered by Contractor, or (C) if Owner disagrees with the contents of the Cost Overrun Dispute Notice, engage the Civil Engineer to determine whether (and to what extent) any Excess Costs will be incurred. If the Civil Engineer concludes that an Excess Cost will be incurred and the amount of such Excess Cost exceeds the amount, if any, of the Excess Costs identified in the Cost Overrun Dispute Notice, Contractor shall be solely responsible for the fees payable to such Civil Engineer. If the Civil Engineer concludes that the amount of Excess Costs to be incurred is equal to or less than the Excess Costs identified in the Cost Overrun Dispute Notice, Owner shall be solely responsible for the fees payable to such Civil Engineer. Any funds deposited with Owner shall be disbursed by Owner to Contractor upon completion of the applicable component of the Work and the payment of such Excess Costs, if any.

  • Justifying Costs In accordance with its own usual accounting and management principles and practices, each Party shall be solely responsible for justifying its costs with respect to the Project towards the Funding Authority. Neither the Coordinator nor any of the other Parties shall be in any way liable or responsible for such justification of costs towards the Funding Authority.