Approved Project Costs means total costs of capital facilities and includes, without limitation thereto, site acquisition, design and project administration fees paid to an outside consultant, construction costs, costs of permits and inspections, bid advertising, construction document printing costs, and equipping the capital facility to accommodate the approved program. The applicant must obtain written approval from the department for costs other than those items listed in this paragraph.
Approved Project Costs are those costs attributed to the construction of the sewer lines as shown in the estimate provided by RXR’s Engineer and attached hereto as Exhibit C. Costs that are not certified by RXR’s Engineer and approved by the Town’s Engineer shall not be included in the Approved Project Costs. Approved Project Costs shall not include any costs for designing, bidding, and managing services, or for acquisition of property or easements required for construction of the Facilities. Per Town policy, the Approved Incremental Construction Cost is based on a set unit price cost differential using the Town’s published costs for determining performance guarantees. If pipe types or diameters are not found in that published document, RXR’s engineer shall provide an estimate of the incremental cost differential for the construction of upsized sewer lines instead of sewer lines sized only for the development under the Veridea SDP. The amount of the actual incremental construction costs is subject to the review and approval of the engineer designated by the Town (the “Approved Incremental Construction Cost”).
Approved Project Costs means as of any date of determination, any Project Cost to the extent the total expenditures on Project Costs as of such date of determination are no greater than 105% of the aggregate total budgeted amount of Project Costs set forth in the Construction Budget for such date of determination.
Examples of Approved Project Costs in a sentence
In addition, the Approved Project Costs incurred by Developer in constructing the Improvements shall reflect any cost savings that reduce the amount that the Developer actually pays to construct the Improvements.
In other words, the costs associated with a change order shall be excluded from the Approved Project Costs unless the change order is pre- approved by the Town’s Engineer, which approval will not be unreasonably withheld, conditioned or delayed.
Approved Project Costs shall not include any costs for designing, bidding, and managing services.
Developer agrees to provide the Town with any additional information reasonably requested by the Town in connection with the Approved Project Costs, provided that the Town requests such additional information within ten (10) business days of receipt of the detailed invoices from Developer.
Costs that are not certified by the Developer’s Engineer and approved by the Town’s Engineer shall not be included in the Approved Project Costs.
More Definitions of Approved Project Costs
Approved Project Costs for a particular Mortgage Loan shall have the meaning set forth in the Forward Commitment applicable to such Loan, together with any increases thereto permitted pursuant to the terms and provisions of the Building Loan Agreement for variances and cost overruns.
Approved Project Costs means those project costs incurred in respect of the Project up to and including the Effective Date as are approved by all of the Participants as forming part of the Initial Commitments; Asset means any property;
Approved Project Costs are those costs attributed to the construction of the waterline as shown in the estimate provided by the Developer’s Engineer and attached hereto as Exhibit B. Costs that are not certified by the Developer’s Engineer and approved by the Town’s Engineer shall not be included in the Approved Project Costs. Approved Project Costs shall not include any costs for designing, bidding, and managing services, or for acquisition of property or easements required for construction of the Facilities. The Developer’s engineer shall provide an estimate of the incremental cost differential for the construction of a 20” waterline instead of a 10” waterline. The amount of the actual incremental construction costs is subject to the review and approval of the engineer designated by the Town (the “Approved Incremental Construction Cost”).
Approved Project Costs means actual costs incurred by an approved participant for land acquisition, construction, engineering, design and other costs approved by the Mississippi Development Authority relating to a tourism project; however, for the purposes of a tourism project described in paragraph (d)(iv) of this section, such costs include only those incurred after January 1, 2011, relating to the hotel portion of the project consisting of facilities used
Approved Project Costs means all direct and indirect construction costs, land costs and "soft costs" for the Project as are set forth on Exhibit D attached hereto, all to the extent approved by Lender and Borrower.
Approved Project Costs means any Project Related Costs set forth in the Construction Budget approved by Lender pursuant to the terms hereof or any other Project Related Costs approved by Lender from time to time (including, Lender approved Hard Costs, Lender approved Soft Costs, sales commissions payable in connection with the sale of any Residential Unit, financing costs, and customary closing costs).
Approved Project Costs means the total hard and soft costs (as reported and evidenced by Borrower and approved by the Blackstone Representative) to be paid by Borrower or its affiliates (excluding any developer mark-up).