Examples of Costs of Acquisition and Construction in a sentence
MEAG shall maintain or cause to be maintained by the PPA Project Entity, the Agent or otherwise, as Costs of Acquisition and Construction or as Plant Vogtle Additional Units PPA Project Annual Costs, such insurance with respect to the PPA Project Entity’s Ownership Interest as shall be available and as is usually carried by utilities constructing and operating nuclear generating facilities and such other insurance as is usually carried by electric utilities in conformity with Prudent Utility Practice.
So long as the Master Lease is in effect and no Event of Default under the Indenture or the Master Lease has occurred and is continuing and so long as no Event of Nonappropriation has occurred and is continuing, one or more Series of Additional Bonds may be issued, authenticated and delivered for the purpose of financing Costs of Acquisition and Construction of a Project or Projects.
The Authority has, in the Indenture, authorized and directed the Trustee to make payments from the Construction Fund under the Indenture to pay the Costs of Acquisition and Construction of the Projects.
In the event the proceeds derived from the Bonds are in excess of the Costs of Acquisition and Construction, the amount of such excess shall be used, subject to the review of Bond Counsel, (i) to retire by purchase orredemption Bonds in advance of maturity, (ii) be deposited in the Operation and Maintenance Fund, or (iii) be used for such other purpose as determined by the Prairie State Project Committee.
The Bonds are to be issued for the purposes of financing Costs of Acquisition and Construction (including capitalizedinterest), refunding the Refunded Obligations and paying all or a portion of the costs of issuance of the Bonds.
The Authority agrees to issue revenue bonds or notes from which a total of Nine Million Eight Hundred Sixty Thousand Dollars ($9,860,000) shall be deposited into the Construction Fund to be applied to pay Costs of Acquisition and Construction as defined in the Facilities Lease.
Moneys in the Construction Fund, Series 2015A shall be applied solely to the Costs of Acquisition and Construction of the Water System and to payment of fees and expenses in connection with the issuance and sale of the Series 2015A Bonds.
Attachment: Badger Coulee Transmission Project Agreement (Final - Rochester)-v1 (9908 : Badger-Coulee Transmission Project Agreement) Costs of Acquisition and Construction shall have the meaning set forth in the BC Project Resolution.
Costs of Acquisition and Construction - means all costs and expenses of planning, designing, acquiring, constructing, installing, extending, equipping, improving, repairing, replacing and financing any part or all of the System, placing the System in operation, and obtaining governmental approvals, certificates, permits and licenses with respect thereto.
Improvement Bonds – means those Bonds issued to finance the Costs of Acquisition and Construction.