Completion Costs definition

Completion Costs has the meaning set forth in Section 2.1 hereof.

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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

• To the extent that a Partnership acquires less than 100% of a Prospect, its Drilling and Completion Costs of that Prospect will proportionately decrease.

• If the Contract Completion Costs exceed the Maximum Contract Price, the Contractor shall promptly pay such difference to the Owner upon receipt of such Notice.

• 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.

• Such Completion Costs shall be deducted from any payment then due or to become due to Company.

• Such Completion Costs shall be deducted from any payment then due or to become due to Subcontractor.

More Definitions of Completion Costs

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 the total costs referred to in Clause 43.0;

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 shall have the meaning set forth in Section 2.2(a)(3)(C).

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: (A) the Quantity Surveyor is an expert and not an arbitrator; (B) the Quantity Surveyor must seek, accept and give due consideration to written submissions from or on behalf of the Vendor or Purchaser; (C) the Quantity Surveyor must determine the Completion Costs as at the date on which the Vendor requested the transfer; (D) the Purchaser will pay the Quantity Surveyor’s fees and expenses and costs of determination; (E) the Quantity Surveyor must provide the determination to the parties in writing, with reasons for the determination, within 30 days of appointment; (F) the provisions of the Commercial Arbitration Act 2011 (SA) do not apply to the appointed Quantity Surveyor’s determination; and (G) the determination of the Quantity Surveyor is final and binding on the parties;

Completion Costs means all costs and expenses incurred in or incidental to the Completion of a Well;