CID Project Costs definition

CID Project Costs means the costs of designing, developing, constructing and completing the CID Project within the CID District, including both those Eligible Expenses to be paid CID Bonds, and those costs to be funded solely by Developer's private equity and debt and funds.
Sample 1Sample 2
CID Project Costs means the costs incurred by or on behalf of Developer with respect
Sample 1Sample 2Sample 3
CID Project Costs means the costs incurred by or on behalf of Developer with respect to the "Project" identified in that certain Petition to Establish the CID filed with the City (as amended and as may be further amended from time to time).
Sample 1

Examples of CID Project Costs in a sentence

  • Developer hereby understands and agrees that CID Proceeds from the CID Bonds for CID District 2 may not be spent for any Phase 1 CID Project Costs.

  • Subject to the terms and conditions of this Agreement, the City shall cause the collection of a CID sales tax of one and one-half percent (1.5%) on the sale of tangible personal property at retail or rendering furnishing services which are taxable pursuant to the Kansas Retailers' Sales Tax Act (K.S.A. 79-3601 et seq.) within the CID Districts (the "CID Sales Taxes"), such CID Sales Taxes shall be collected and applied to pay and/or reimburse Developer for CID Project Costs pursuant to the CID Act.

  • The net CID Bond Proceeds shall be disbursed by the Bond Trustee for the purpose of funding or reimbursing the Developer for Phase 2 CID Project Costs in accordance with the terms of this Agreement and the Bond Documents for Phase 2.

  • Subsequently, for Phase 2, CID Bonds may be issued in a par amount of approximately $14,000,000 (which shall render an estimated $10,904,600 of net CID net Bond Proceeds) for use in funding Phase 2 CID Project Costs which would then be deposited in the applicable CID Bond accounts.

  • Subject to the terms and conditions of this Agreement, the portion of the CID Project Costs relating to the CID District shall be reimbursed in whole or in part with CID Bonds and the portion of the TDD Project Costs relating to the TDD District shall be reimbursed in part with Pay-As-You-Go TDD Financing.

  • The given boundary conditions are nevertheless “natural” in the sense that both φ and its derivative can be arbitrarily chosen on the boundary.

  • Developer has identified certain Project Costs which may be paid with CID Bonds if and to the extent that such Project Costs are: (i) agreed- upon by the parties and identified on Exhibit L attached hereto for Phase 1 (the "Phase 1 CID Project Costs"), (ii) agreed-upon by the parties and identified on Exhibit M attached hereto for Phase 2 (the "Phase 2 CID Project Costs"), and (iii) eligible for payment or reimbursement pursuant to the CID Act.

  • It is contemplated that for Phase 1, Unaffiliated Third Parties will purchase the CID Bonds described herein in a par amount of approximately $16,000,000 which shall render an estimated $12,462,400 of net CID Bond Proceeds for use in funding Phase 1 CID Project Costs which shall be deposited in the applicable CID Bond accounts.

  • Subject to Article IV of this Agreement, CID Assessments shall be used to reimburse Developer for CID Project Costs, TDD Sales Tax shall be used to reimburse Developer for TDD Project Costs, and City Funds shall be used to pay for the Xxxxxxx Improvement Costs, all as estimated in Exhibits O, P and Q, respectively, and in all events in accordance with the terms of this Agreement.

  • The introduction of a uniform dimension of alcohol policy will allow a more active policy on alcohol abuse.


More Definitions of CID Project Costs

CID Project Costs means the Phase 1 CID Project Costs and Phase 2 CID Project Costs, collectively.
Sample 1Sample 2
CID Project Costs means the costs of the Redevelopment Project that are shown on the Project Budget as being reimbursable from CID Sales Tax Revenue, and which are in the maximum amount of Two Million Dollars ($2,000,000) plus Financing Costs as to be provided in the CID Cooperative Agreement. CID Project Costs are not Reimbursable Project Costs under this Agreement and are not subject to the Reimbursable Project Costs Cap.
Sample 1
CID Project Costs means those costs as defined in the Act, that may be paid through Community Improvement District financing and which the City has agreed to pay as eligible expenses under the Redevelopment Agreement and which constitute Redevelopment Project Costs.
Sample 1
CID Project Costs means all costs necessary or incidental to plan, acquire, finance, develop, design and construct the CID Project, including without limitation: (a) costs of all estimates, studies, surveys, plans, drawings, reports, tests, specifications and other preliminary investigations of architects, appraisers, surveyors and engineers; (b) all professional service costs, including without limitation architectural, engineering, legal, financial, planning or special services incurred; (c) costs of acquisition of right-of-way; (d) costs of construction; (e) cost of ongoing landscaping and maintenance; and (f) CID Administrative Costs, including without limitation reimbursement to the District or those acting for the District for any of the above enumerated costs and expenses incurred and/or paid before execution of this Agreement.
Sample 1

Related to CID Project Costs

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Qualified Project Costs means costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be a so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general federal income tax principles and in accordance with Section 1.103-8(a)(1) of the Regulations, provided, however, that only such portion of the interest accrued during rehabilitation or construction of the Project (in the case of rehabilitation, with respect to vacated units only) shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all costs of the acquisition and construction or rehabilitation of the Project; and provided further that interest accruing after the Completion Date (as defined in the Regulatory Agreement) shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed or rehabilitated by an Affiliate (whether as general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out of pocket costs incurred by such affiliate in constructing or rehabilitating the Project (or any portion thereof) and (B) any overhead expenses incurred by such affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an “affiliated group” (within the meaning of Section 1504 of the Code) participating in the rehabilitation or construction of the Project or payments received by such affiliate due to early completion of the Project (or any portion thereof); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to May 20, 2021, being the date on which the Governmental Lender first declared its “official intent” to reimburse costs paid with respect to the Project (within the meaning of Section 1.150-2 of the Regulations) or the date of issue of the Funding Loan, and (iv) if the costs of the acquisition and construction or rehabilitation of the Project were previously paid and are to be reimbursed with proceeds of the Funding Loan such costs were (A) “preliminary expenditures” (within the meaning of Section 1.150-2(f)(2) of the Regulations) with respect to the Project (such as architectural, engineering and soil testing services) incurred before commencement of acquisition and construction or rehabilitation of the Project that do not exceed 20% of the issue price of the Funding Loan (as defined in Section 1.148-1 of the Regulations), or (B) were capital expenditures with respect to the Project that are reimbursed no later than 18 months after the later of the date the expenditure was paid or the date the Project is placed in service (but no later than three years after the expenditures is paid); provided, however, that (w) Costs of Funding shall not be deemed to be Qualified Project Costs;(x) fees, charges or profits (including, without limitation, any Developer Fee) payable to the Borrower or a “related person” (within the meaning of Section 144(a)(3) of the Code) shall not be deemed to be Qualified Project Costs; (y) letter of credit fees and municipal bond insurance premiums which represent a transfer of credit risk shall be allocated between Qualified Project Costs and other costs and expenses to be paid from the proceeds of the Funding Loan; and (z) letter of credit fees and municipal bond insurance premiums which do not represent a transfer of credit risk (including, without limitation, letter of credit fees payable to a “related person” to the Borrower) shall not constitute Qualified Project Costs.

  • Total Project Costs means (a) the costs paid or incurred or to be paid or incurred by a Borrower Related Party in connection with or incidental to the acquisition, design, construction and equipping of the Project, including legal, administrative, engineering, planning, design, insurance, and costs of issuance; (b) amounts, if any, required by the Indenture Documents or the TIFIA Loan Documents to be paid into any fund or account upon the incurrence of the TIFIA Loan or any Secured Obligations; (c) payments when due (whether at the maturity of principal, the due date of interest, or upon optional or mandatory prepayment) during the Construction Period in respect of any indebtedness of the Borrower or any Credit Enhancement maintained by a Borrower Related Party, in each case in connection with the Project (other than the TIFIA Loan); and (d) costs of equipment and supplies and initial working capital and reserves required by the Borrower Related Parties for the commencement of operation of the Project, including general administrative expenses and overhead of the Borrower.

  • Estimated Project Cost means Benchmark cost of MNRE which is Rs 8.00 Crore/MWp as per MNRE letter no. 03/20/2014-15/GCRT/11.12.14 at the time of Bid Due date.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Direct Costs means the sum of the following:

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Project area budget means a multiyear projection of annual or cumulative

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Cost of the Project means and embraces the cost of construction; the cost of all

  • Production Costs means those costs and expenditures incurred in carrying out Production Operations as classified and defined in Section 2 of the Accounting Procedure and allowed to be recovered in terms of Section 3 thereof.

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.