Delay Costs means those items of Cost of the Work attributable to an Excusable Delay for which the Owner is responsible and which are payable by the Owner to the Design/Builder pursuant to a Change Order as provided in Article 6.

Delay Costs means the Delay Return applicable to the amount that results from subtracting (i) the sum of all Development Costs incurred in the development and construction of Stage 1 from (ii) the sum of all Development Costs incurred in the development and construction of the Building as of the date on which Tenant delivers Tenant's Delay Notice to Landlord (such amount, the “Stage 2 Interim Development Costs”); and (b) the term “Delay Return” means a return of [*****] per annum on the Stage 2 Interim Development Costs, relative to the time period commencing on the original Target Date for Phase 4 specified in Schedule 6 attached hereto and ending on the day immediately prior to the delayed Target Date for Phase 4.

Delay Costs has the meaning ascribed thereto in Section 25.8. (pp) “Delay Event” has the meaning ascribed thereto in Section 25.1.

Examples of Delay Costs in a sentence

Basis for requested change in cost: ❑ Unit pricing ❑ Lump sum: $ _ ❑ Time and Materials not to exceed: * $ _ ❑ Compensable Delay Costs: $ ❑ Other: _ * Final value shall not exceed amount shown without additional written CO authorization.

More Definitions of Delay Costs

Delay Costs has the meaning given to such term in Section 2.9(f);

Delay Costs means costs payable to the Contractor for delay and disruption in accordance with Clause 19.8(a).

Delay Costs means indirect costs incurred by Project Company as a sole and direct result of a delay, including extended overhead, unabsorbed home office overhead, idle labor and equipment costs, additional storage costs, and labor and material cost escalation, but excluding costs relating to the Project Debt and as otherwise calculated under Schedule 15 – Costs Schedule.

Delay Costs means the costs recoverable for Delay pursuant to Section 10.1.5.2 of the Agreement.

Delay Costs means the direct and indirect costs of a delay to the critical path, including idle labor, idle equipment, and additional overhead.

Delay Costs means the reasonable direct incremental costs (excluding off-site overheads and any element of profit) incurred by the Contractor reasonably involved with an event or circumstance delaying the Contractor in achieving Completion of a Phase by the relevant Phase Date, plus: