Costs to Complete definition

Costs to Complete means, at any time, the aggregate of all remaining Project Costs (including the contingency amount reflected in the Base Financial Model) required to be incurred to achieve Commercial Operation.
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Costs to Complete means, as at the date of calculation, that amount established by CMHC, which is the aggregate of (without duplication):
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Costs to Complete shall have the meaning given in clause 19.7.4.2(a);
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Examples of Costs to Complete in a sentence

  • During each phase of the PROJECT, on a monthly basis, the LOCAL GOVERNMENT must submit to the DEPARTMENT the Estimated Costs to Complete and the Estimated Costs at Completion.

  • Hospital acknowledges such direction and agrees to pay the Certified Costs to Complete as Contractor may direct in accordance with such direction.

  • The funds in the Equity Prefunding Reserve Account (including the Existing ▇▇▇▇▇ Balance for each Project) may only be used by the Borrowers to fund the Expected Costs to Complete as equity funded in conjunction with FLG2 Debt and will not be included as equity contributions made for purposes of the calculation of the DER or the AFUDC until released and so used.

  • Upon final acceptance of the VA Job and all required payments to the Company consistent with the Estimated Costs to Complete, all remaining funds in the Bank Account will be disbursed to Viasys.

  • The Approved Budget shall contain a Contingency Line Item equal to a minimum of six and one-half percent (6.5%) of the unpaid Hard Costs to Complete the Project as of the date hereof and five percent (5.0%) of unpaid Soft Costs to Complete the Project as of the date hereof.

  • Expected Costs to Complete shall include contingencies and escalation.

  • If the Costs to Complete the Road Project exceed $8,000,000, the City, HIC and ▇▇▇▇▇▇ will work together to value engineering the Road Project in order to limit the costs to $8,000,000.

  • Any funds of Tenant deposited with Landlord not used to pay Actual Costs to Complete Garage Construction shall be refunded to Tenant promptly following completion of the Garage and the final determination of the Actual Costs to Complete Garage Construction.

  • Within sixty (60) days of written notice of the Costs to Complete as provided above, ▇▇▇▇▇▇ will provide a letter of credit to the City in the amount equal to its Cost Contribution1, less the nine hundred thousand ($900,000.00) dollar contribution already made as defined in Exhibit B for the purpose of confirming its obligation to pay for the Road Project not to exceed $8,000,000.00 (the “Letter of Credit”).

  • Affordable Housing Requirement 10% of the units are underwritten at an approximate sales value of $350,000 Costs to Complete (land development, engineering, consulting and lot finishing costs) $71,000/For Sale Residential unit Impact Fees $30,000/For Sale Residential unit Parcel H: PARCEL 2 OF CITY OF WESTMINSTER PARCEL MAP NO.


More Definitions of Costs to Complete

Costs to Complete means, when determined, the sum of (a) all of Borrowers’ consolidated revenue backlog minus unrecognized margin, plus (b) all of Borrowers’ projected operating expenses for the upcoming six-month period.
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