Cost of the Infrastructure means to extent permitted by law, the cost of acquiring, by construction and purchase, the Infrastructure and shall be deemed to include, whether incurred prior to or after the date of this Agreement: (a) obligations incurred for labor, materials, and other expenses to builders and materialmen in connection with the acquisition, construction, and installation of the Infrastructure; (b) the cost of design and engineering of the Infrastructure; (c) the cost of construction bonds and of insurance of all kinds that may be required or necessary during the course of construction and installation of the Infrastructure, which is not paid by the contractor or contractors or otherwise provided for; (d) the expenses for test borings, surveys, test and pilot operations, estimates, plans and specifications and preliminary investigations therefor, and for supervising construction, as well as for the performance of all other duties required by or reasonably necessary in connection with the acquisition, construction, and installation of the Infrastructure; (e) all other costs which shall be required under the terms of any contract for the acquisition, construction, and installation of the Infrastructure; and (f) all legal, accounting and related costs properly capitalizable to the cost of the Infrastructure.
Cost of the Infrastructure means, to the extent provided in Section 4-29-68 of the Code, the cost of designing, acquiring, constructing, improving, or expanding (a) the infrastructure serving the Project and (b) for improved or unimproved real estate and personal property including machinery and equipment used in the operation of the Project.
Cost of the Infrastructure means the cost of acquiring, by construction and purchase, the Infrastructure and shall be deemed to include, whether incurred prior to or after the date of the Agreement: (a) obligations incurred for labor, materials, and other expenses to builders and materialmen in connection with the acquisition, construction, and installation of the Infrastructure; (b) the cost of construction bonds and of insurance of all kinds that may be required or necessary during the course of construction and installation of the Infrastructure, which is not paid by the contractor or contractors or otherwise provided for; (c) the expenses for test borings, surveys, test and pilot operations, estimates, plans and specifications and preliminary investigations therefor, and for supervising construction, as well as for the performance of all other duties required by or reasonably necessary in connection with the acquisition, construction, and installation of the Infrastructure; and (d) all other costs which shall be required under the terms of any contract for the acquisition, construction, and installation of the Infrastructure.
Examples of Cost of the Infrastructure in a sentence
The Company shall re-certify the cumulative amount of the Cost of the Infrastructure if, in any year in which an Infrastructure Improvement Credit is to be applied, the cumulative amount of the Infrastructure Improvement Credits will exceed the cumulative amount of the Cost of Infrastructure as previously certified.
For example, should the Company elect to apply the Infrastructure Improvement Credit against its 2015 fee in lieu of tax bill (which would be due and payable on or before January 15, 2016), the Company shall certify the cumulative total amount of the Cost of the Infrastructure as of December 31, 2014.
Prior to the first year’s Infrastructure Improvement Credit to be credited against the Company’s FILOT Payments as provided in this Section 5.02(a), the Company shall certify the cumulative total amount of the Cost of the Infrastructure as of December 31 of the year to which such FILOT Payments relate.
More Definitions of Cost of the Infrastructure
Cost of the Infrastructure means to extent permitted by law, the cost of acquiring, by construction and purchase, the Infrastructure and shall be deemed to include, whether incurred prior to or after the date of this Agreement: (a) obligations incurred for labor, materials, and other expenses to builders and materialmen in connection with the acquisition, construction, and installation of the Infrastructure; (b) the cost of design and engineering of the Infrastructure; (c) the cost of construction bonds and of insurance of all kinds that may be required or necessary during the course of construction and installation of the Infrastructure, which is not paid by the contractor or contractors or otherwise provided for; (d) the expenses for test borings, surveys, test and pilot operations, estimates, plans and specifications and preliminary investigations therefor, including all costs incurred by the Company, any Project Affiliate, and by any governmental and/or non-profit entity or organization that incurs costs in association with environmental cleanup or remediation efforts on the Property, and for supervising construction, as well as for the performance of all other duties required by or reasonably necessary in connection with the acquisition, construction, and installation of the Infrastructure; (e) all other costs which shall be required under the terms of any contract for the acquisition, construction, and installation of the Infrastructure; and (f) all financing, development, legal, accounting and related costs properly capitalizable to the cost of the Infrastructure.