Completion Costs shall have the meaning ascribed to such term in section 2.02(b)(ii) hereof.
Completion Costs at any time the sum of (x) the Aggregate Construction Costs (including acquisition costs, except with respect to the Applicable Site, and soft costs) expended or incurred as of the time of a Non-Completion Event and which it will be necessary thereafter to expend in order to achieve Completion, plus (y) all Impositions thereon.
Completion Costs means at any time the sum of (x) the aggregate amount of all development, transaction and closing costs, including all acquisition costs for any improvements and capitalized expenses, but excluding the purchase price of the Land, expended or incurred by the Lessee as of the time of a Non-Completion Event and which it will be necessary thereafter to expend in order to achieve Completion, plus (y) all Taxes thereon.
Examples of Completion Costs in a sentence
If the Completion Costs exceed the unpaid balance of the Contract Price, Contractor shall pay promptly to the City on demand the full amount of such excess and interest thereon at a rate of 6% per annum until paid.
Upon the City’s completion, if the unpaid balance of the Contract Price exceeds the Completion Costs, such excess shall be paid to the Contractor.
Such Completion Costs shall be deducted from any payment then due or to become due to Subcontractor.
Such Completion Costs shall be deducted from any payment then due or to become due to Company.
In the case of such supplementation or termination of Company’s work, Contractor shall be entitled to recover all expenses and damages incurred for completing Company’s work including, but not limited to, the cost of: design, engineering, labor, materials, equipment, subtrade work, general conditions, onsite supervision, insurance, bonds, and any payments made on behalf of Company plus a markup of fifteen percent on all such expenses and damages, hereinafter referred to collectively as Completion Costs.
More Definitions of Completion Costs
Completion Costs means the total costs referred to in Clause 43.0;
Completion Costs means all costs and expenses incurred by the Subordination Agent in connection with the completion of the acquisition of the Shares pursuant to this Agreement, including without limitation, all legal fees.
Completion Costs means all of the costs and expenses required to be incurred to complete the construction works commenced by the Purchaser to the standard and specifications required by the relevant approvals, as determined by a Quantity Surveyor, in respect of which:
Completion Costs means the actual cost, risk, expense and liability incurred in completing and equipping a well subsequent to production casing point through the installation of the wellhead.
Completion Costs means the costs and expenses associated with any attempted Completion of a Subject Well or Subsequent Well. In addition, in the event that Completion operations are attempted within a well but the well is not ultimately completed as a producer, the costs incurred to plug and abandon such well shall also constitute Completion Costs for purposes of this Agreement.
Completion Costs means all costs and expenses incurred in or incidental to the Completion of a Well;
Completion Costs means all of Lender’s direct and indirect costs incurred or estimated to be incurred in connection with the Completion of the Construction Work as required of Borrower under the Master Loan Agreement, including, without being limited to, Hard Costs, Soft Costs and School Costs (and specifically including, without limitation: all costs estimated to be incurred to sell the School Unit and the Subdivided Residential Units; all real estate taxes, insurance premiums, Operating Expenses and interest on the Loan that would have become payable during the estimated construction period), all irrespective of the amounts set forth in the Approved Budget for each line item and irrespective of the absence of any particular item of direct or indirect costs from the Approved Budget and irrespective of whether Guarantor’s obligations under the Carry Guaranty have been terminated (but without duplication of amounts payable and actually paid by Guarantor under the Carry Guaranty). Following such demand by Lender for payment by Guarantor of the Completion Costs to Lender and the actual payment by Guarantor of the amount demanded by Lender in accordance with the provisions of this Section 2 (expressly including all amounts set forth in any Demand Notice in accordance with the provisions of subsection 3(a) hereof sent prior to such payment by Guarantor), Guarantor shall be deemed to have satisfied its obligations under Sections 1(a), 1(b) and 3(a) of this Guaranty. For the purpose of this Guaranty, the Completion Costs shall, be deemed to be an amount equal to the amount of such direct and indirect costs as reasonably estimated by a third party construction consultant retained by Lender (the “Construction Consultant”) as of the date Lender elects to demand payment of the Completion Costs under this Section 2; provided, however, if such payment is not made by Guarantor within ninety (90) days following Lender’s written demand therefor, Lender may, in its sole and absolute discretion, cause the Construction Consultant to re-calculate the Completion Costs as of the date of such re-calculation at any reasonable time following the expiration of said ninety (90) day period. For purposes of this Guaranty, Lender’s direct and indirect costs shall be deemed to include all Hard Costs, Soft Costs, School Costs, real estate taxes, insurance premiums and operating expenses (but without duplication of amounts payable and actually paid by Guarantor under the Carry Guaranty) reasonably estimat...