Construction Expenditure definition

Construction Expenditure means the Expenditure incurred by the Operator during the Construction Period and in respect of Construction, in accordance with an Approved Program and Approved Budget.
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Construction Expenditure means all amounts (without double counting) paid or, as the case may be, forecast in the relevant Operating Financial Model to be paid by ProjectCo on or prior to the occurrence of the Final Service Availability Date in respect of:
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Examples of Construction Expenditure in a sentence

  • The Builders shall, subject to receipt or deemed receipt of the payment to be made to it under Clause 4.2, pay to the Original Purchaser at the Effective Time the Construction Expenditure Amount in reimbursement of the Original Purchaser's expenditure under the Construction Contract.

  • Principal expenditures are recorded in the Capital Projects Fund, Function Code 5131 - Principal on Lease Purchase Agreements or if capitalized to 4051 - Facilities Acquisition and Construction, Expenditure Object Code 6613 - Principal Lease Purchase Agreements or if capitalized 6521- Buildings.

  • The New Purchaser shall pay to the Builders at the Effective Time the Construction Expenditure Amount in full discharge of such of the payment obligations and liabilities of "OWNER" as have been already agreed, invoiced and fallen due under the Construction Contract as at or prior to the Effective Time.