Costs of the Projects definition

Costs of the Projects means (i) all Hard and Soft Costs, plus (ii) all Financing Costs, plus (iii) all Capitalized Interest Costs, minus (iv) all interest earned prior to the Final Project Completion Date on all amounts held in the Funds and Accounts under the Indenture.
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Costs of the Projects means those costs and expenses in connection with the acquisition, construction, and installation of the Projects permitted by Section 4.03 hereof to be paid or reimbursed from proceeds of the Bonds.
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Costs of the Projects means those costs incurred by the Borrower in connection with the Projects, as set forth in Section 4.7 of the Indenture.
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Examples of Costs of the Projects in a sentence

  • Amounts deposited in the Project Accounts in accordance with Section 3.2 hereof and pursuant to this Section 3.3 shall be applied to the payment or refinancing of or reimbursement for Costs of the Projects as provided above.

  • The Issuer does not make any warranty, either express or implied, that the moneys which will be paid into the Projects Fund and which, under the provisions of this Agreement, will be available for payment of the Costs of the Projects, will be sufficient to pay all the costs that will be incurred in that connection.

  • In the event the moneys in the Projects Fund available for payment of the Costs of the Projects shall not be sufficient to pay the costs thereof in full, the Purchaser agrees to complete the acquisition, construction, and installation of the Projects and to pay all that portion of the Costs of the Projects as may be in excess of the moneys available therefor in the Projects Fund.

  • In order to provide funds for payment of the Costs of the Projects, the Issuer agrees that it shall execute and deliver the Bond Purchase Agreement and sell and cause to be delivered to the Bond Buyer the Bonds on May , 2021 in the original aggregate principal amount of $42,110,000 and shall thereupon deposit in the Projects Fund all advances of purchase price of the Bonds made from time to time under the terms of the Bond Purchase Agreement.

  • The Purchaser agrees that if after exhaustion of the moneys in the Projects Fund the Purchaser shall pay any portion of the Costs of the Projects pursuant to the provisions of this Section 4.07, it shall not be entitled to any reimbursement therefor from the Issuer, the Depository, or the Bondholder, nor shall it be entitled to any diminution of the amounts payable under Section 5.03 hereof.

  • The Issuer agrees that the Purchaser may, from time to time, take such action as may be necessary or advisable, as may be determined by the Purchaser, to ensure the conformity of the Equipment to the specifications therefor, with all costs and expenses incurred by the Purchaser in connection therewith to be considered as part of the Costs of the Projects referred to in Section 4.03 hereof.

  • For the purpose of financing a portion of the Project Costs of the Projects described in Section 2(a) and Exhibit A, the Treasurer proposes to issue the Series 2006A Bonds as Bonds in accordance with the Act, described as follows: Designation: State of Ohio (Treasurer of State) Cultural and Sports Capital Facilities Bonds, Series 2006A.


More Definitions of Costs of the Projects

Costs of the Projects means all costs of the Projects permitted under the Act and incidental costs associated therewith and with the issuance of the 2024 Bonds, including costs of issuance of the 2024 Bonds, and funding a debt service reserve for the 2024 Bonds.
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Costs of the Projects means:
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Costs of the Projects means all costs of the Projects permitted under the Act and incidental costs associated therewith and with the issuance of the 2011 Bonds, including costs of issuance of the 2011 Bonds, funding a debt service reserve for the 2011 Bonds, and includes all costs described in Exhibit A.
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Costs of the Projects means the aggregate of all Costs of the Project as defined in the Loan Agreements and set out in Attachment B
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Costs of the Projects means the aggregate of all Costs of the Projects set out in Section 2.1 of the Leases.
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Related to Costs of the Projects

  • Costs of the Project means Recipient’s actual costs (including any financing costs properly allocable to the Project) that are (a) reasonable, necessary and directly related to the Project, (b) permitted by generally accepted accounting principles to be Costs of the Project, and (c) are eligible or permitted uses of the Financing Proceeds under applicable state or federal statute and rule.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Cost of the Project means and embraces the cost of construction; the cost of all

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Direct Costs means the sum of the following:

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Qualified Project Costs means Project Costs that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Borrower or but for a proper election by the Borrower to deduct such costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation of the Projects shall be eligible to be a Qualified Project Cost as is so capitalizable and as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the rehabilitation of the Projects shall not be a Qualified Project Cost; and provided still further that if any portion of any of the Projects is being rehabilitated by an Affiliated Party (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket costs incurred by such Affiliated Party in rehabilitating the Projects (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliated Party, and (C) any overhead expenses incurred by the Affiliated Party which are directly attributable to the work performed on the Projects, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation of the Projects or payments received by such Affiliated Party due to early completion of the rehabilitation of the Projects; (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code, (iii) the costs are paid after the earlier of 60 days prior to the Inducement Date or the Closing Date, and (iv) if the Project Costs were previously paid and are to be reimbursed with proceeds of the Loan or the Bonds, such costs were (A) costs of issuance of the Issuer Note, (B) preliminary capital expenditures (within the meaning of United States Treasury Regulations §1.139-2(f)(2)) with respect to the Projects (such as architectural, engineering and soil testing services) incurred before commencement of the rehabilitation of the Projects that do not exceed twenty percent (20%) of the issue price of the Bonds (as defined in United States Treasury Regulations §1.148-1), or (C) were capital expenditures with respect to the Projects that are reimbursed no later than eighteen

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Scope of the Project shall have the meaning set forth in Clause 2.1;

  • Costs For any Person, any claims, losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses of such Person.

  • Financing Costs means for each calendar day the product of:

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Administrative Costs means all costs and expenses associated with providing notice of the Class Settlement Agreement to the Settlement Class, Claims Administration, and otherwise administering and carrying out the terms of this Class Settlement Agreement.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Maintenance Costs means parts and materials, sublet and labour costs of a qualified licensed mechanic for the maintenance of the Revenue Service Vehicles, but shall not include costs associated with interior and exterior transit advertising signs and non-mechanical servicing of Revenue Service Vehicles such as fuelling, clearing fareboxes, cleaning and painting wheel rims, vehicle washing and other work performed by a serviceman; and,

  • Project Expenses means usual and customary operating and financial costs. The term does not include extraordinary capital expenses, development fees and other non-operating expenses.

  • FTE Costs means, with respect to a Party for any period, the applicable FTE Rate multiplied by the applicable number of FTEs of such Party performing the applicable activity described hereunder during such period.