Actual Direct Costs definition
Examples of Actual Direct Costs in a sentence
The Annual Cost Proposal shall set forth the Management Fee and projected Actual Direct Costs and projected revenues.
Payments in Subsections (1), (2), and (3) above shall be subject to the condition that the total amount paid by NURA shall not exceed the lesser of: (i) Four Hundred Fifty Thousand Dollars ($450,000.00); and (ii) the Actual Direct Costs of the Improvements paid by Developer.
Compensation payable by City to Contractor is comprised of the Management Fee and the Actual Direct Costs.
Upon delivery to NURA of a fully paid invoice for the Actual Direct Remaining Costs, the one year anniversary of the Initial Payment, NURA shall pay to Developer an additional One Hundred Fifty Thousand and No/100ths Dollars ($150,000.00) for the Actual Direct Costs incurred by Developer.
Contractor shall apply all receipts achieved with respect to the Clinic to Airport-approved Actual Direct Costs.
For the purposes of the Performance Payment methodology set out in Schedule 4, the Alliance Management Team will monitor the Actual Direct Costs incurred by the Owner Participant in relation to the Works during the Alliance Term.
For the purposes of the Performance Payment methodology set out in Schedule 4, the Alliance Management Team will monitor the Actual Direct Costs incurred by the Owner Participant in relation to the Works during the Term.
Except as set forth in Section 3.8 of the Disclosure Schedule no part of any such improvement encroaches on any real property not included in the Owned Real Property.
Tenant shall provide NURA with an architect’s certification or general contractor’s certification, itemized detailed invoices or other financial documentation that to NURA’s reasonable satisfaction confirm the Actual Direct Costs, including invoices from contractors performing work on the Improvements and suppliers supplying materials for the Improvements.
Grantee shall provide NURA with itemized reasonably detailed invoices and financial documentation that to NURA’s reasonable satisfaction confirm the Actual Direct Costs of the Improvements.