Actual Project Costs means costs of the kind or type itemized and approved by MHRC as set out in Schedule “A”, Part 2 and actually incurred by the Recipient;
Actual Project Costs means the actual costs to complete the Construction pursuant to the Constructor’s Contract.
Actual Project Costs means the actual Project Costs for the Project as identified in the submittal discussed in Paragraph III A of this Agreement.
Examples of Actual Project Costs in a sentence
For Construction Costs that exceed the Construction Cost Cap Amount, the Designated Entity shall not recover any Construction Costs nor shall it earn any ROE on such amounts.- ROE Incentive to Actual Project Costs Less Than Project Bid.
The Final Award Payment = Maximum Award Amount X (Actual Project Costs / Proposed Project Costs).
Notwithstanding anything to the contrary contained in this Agreement, Advances and Investments shall be limited in the aggregate to the Actual Project Costs, up to each Note Purchaser's Note Commitment plus each Certificate Purchaser's Certificate Commitment.
All proceeds of the Fundings expended by or on behalf of the Company shall have been applied solely to Actual Project Costs, and the Company, in its individual capacity and not as Construction Agent, shall certify the same in each Requisition and provide such other evidence with respect to the use of such proceeds as may be reasonably requested by the Agent.
The Construction Agent will use the proceeds of each Requisition Funding received by it only to pay the Actual Project Costs set forth in the Requisition for such Requisition Funding and title to the Components acquired with proceeds of each Requisition Funding shall be vested in the Lessor.
More Definitions of Actual Project Costs
Actual Project Costs or APC shall mean, subject to any limits on costs as set forth below, all costs and expenses incurred by TCO, including trailing costs up to twelve months subsequent to the Actual In-Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project facilities, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, (c) all direct and allocated internal overhead and administrative costs, and (d) an allowance for funds used during construction (“ AFUDC”) computed in accordance with regulations of the FERC. TCO shall maintain books and records reasonably necessary for Shipper to verify the APC. The Parties acknowledge that TCO’s formal books and records that conform with the FERC and accounting policies and guidelines may not match the APC used to determine Xxxxxxx's adjusted Daily Demand Rate.
Actual Project Costs means the amount of Project Costs actually incurred by the Grant Recipient in the Site acquisition and/or Delivery of the RSAP Dwellings comprised in each Named Project as such amount is warranted and certified by the Grant Recipient pursuant to Condition 10.2.3;
Actual Project Costs shall have the meaning specified in Section 7.1.
Actual Project Costs has the meaning set forth in Recital E of the Preliminary Statement to the Participation Agreement.
Actual Project Costs or “APC” shall mean all costs and expenses actually incurred and paid by Transporter, including trailing costs up to twelve (12) months subsequent to the actual In- Service Date, to complete the Project in the manner contemplated by the Project’s Precedent Agreement by and between Transporter and Shipper dated and effective as of November 24, 2020 (“Precedent Agreement”), including but not limited to (a) all costs and expenses incurred and paid for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project, including all compression costs, (b) all costs and expenses actually incurred and paid for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, and (c) all direct and allocated internal overhead and administrative costs, provided that such costs are consistent with industry standards. Transporter shall maintain books and records reasonably necessary for Shipper to verify the APC.
Actual Project Costs or “APC” shall mean all costs and expenses incurred by Transporter, including trailing costs up to twelve months subsequent to the actual In- Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, and (c) all direct and allocated internal overhead and administrative costs. Transporter shall maintain books and records reasonably necessary for Shipper to verify the APC.
Actual Project Costs or APC shall mean, subject to any limits on costs as set forth below, all costs and expenses incurred by TCO, including trailing costs up to twelve months subsequent to the Actual In-Service Date, to complete the Project in the manner contemplated by this Precedent Agreement, including but not limited to (a) all costs and expenses incurred for the engineering, design, permitting, construction, pipeline and equipment procurement, installation and start-up of the Project facilities, including all compression costs, (b) all costs and expenses incurred for environmental, right-of-way, legal, consultant, construction management, and regulatory activities, (c) all direct and allocated internal overhead and administrative costs, and (d) an allowance for funds used during construction ("AFU DC") computed in accordance with regulations of the FERC. TCO shall maintain books and records reasonably necessary for Shipper to verify the APC. The Parties acknowledge that TCO's formal books and records that conform with the FERC and accounting policies and guidelines may not match the APC used to determine Xxxxxxx's adjusted Daily Demand Rate. "Capital Cost Overrun" or "CCO" shall be an amount in U.S. dollars equal to the difference between the Actual Project Costs and the Estimated Project Costs, if Actual Project Costs exceed Estimated Project Costs.