Development and Construction Costs definition

Development and Construction Costs means the sum of all costs incurred in developing, designing and constructing the Gaming Facility and other Improvements, including, without limitation, any costs related to obtaining any Government Agency approvals, architect and engineering services, legal services and other professional services.

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Development and Construction Costs means all costs and expenses incurred, directly or indirectly, by or on behalf of Gas Networks Ireland in respect of the Works and in the performance of its obligations in accordance with this Connection Agreement including all costs incurred in relation to: all attributable overheads, insurances, financing costs, professional fees and any and all other costs incurred by Gas Networks Ireland in relation to or arising out of the Works prior to or following the Agreement Date in connection with the preparation, negotiation, completion and implementation of this Connection Agreement; all costs associated with any delay to the Works;

Development and Construction Costs means third-party costs incurred by the Project Companies for the development, permitting, engineering, procurement, construction, or third-party debt financing of the Project pursuant to the Business Plan. For avoidance of doubt, the payments to be made by NRG to CPS by and for the benefit of the Project Companies pursuant to Section 3.1 of the Project Agreement, or any reimbursement of that amount made by the Project Companies to NRG, shall be deemed to be Development and Construction Costs, but the contribution to be made by NRG to REAP, Inc. pursuant to Section 3.2 of the Project Agreement shall be solely for the account of NRG and shall not be deemed to be a Development and Construction Cost.

Examples of Development and Construction Costs in a sentence

The Manager agrees to provide all funds necessary for the Development and Construction Costs, including payments to the Architect and General Contractor.
The Company shall be liable to pay for the Development and Construction Costs.
Where Tie-in and Commissioning has not been completed at the time the notification confirming the Final Development and Construction Costs and Additional Commissioning Costs are incurred, Gas Networks Ireland shall be entitled to invoice the Company for the Additional Commissioning Costs Contribution in accordance with Clause 10.
The Company shall pay the Company Development and Construction Costs Contribution and the Supplemental Economic Test Contribution in accordance with this Clause 7.
If the Development and Construction Costs Contribution as notified by Gas Networks Ireland pursuant to Clause 7.2 is: in excess of the Estimated Development and Construction Costs Contribution paid by the Company, Gas Networks Ireland shall issue an invoice to the Company for the amount of such excess in accordance with Clause 10.
Gas Networks Ireland shall calculate the NPV of the Balance of the Development and Construction Costs following notification to the Company of the Final Development and Construction Costs and other amounts pursuant to Clause 7.2. The NPV of the Balance of the Development and Construction Costs shall be calculated in accordance with the methodology outlined in Schedule 8.
Gas Networks Ireland’s Payment Obligations: Gas Networks Ireland will pay to the Company the amounts, if any, calculated in accordance with Clause 7.3.2 and or Clause 7.4.2 within 30 Business Days of the notification issued under 7.3.2 and/or 7.4.2 (as the case may be) or, if later, as soon as reasonably practicable following confirmation of the Final Development and Construction Costs.
The Capital Recovery Amount for the purpose of this Connection Agreement shall be calculated by Gas Networks Ireland in accordance with methodology in Table 2 when the Balance of the Development and Construction Costs is determined and the Operational date is determined.
CP Longstop Date: Target Completion Date: Estimate: Amount of Estimated Company Development and Construction Costs Contribution Amount of Estimated Supplemental Economic Test Contribution .
On or before the twentieth (20th) day of each calendar month following the first full calendar month after the Commencement Date, Manager shall pay the Tribe a Minimum Guaranteed Monthly Payment in the amount of Fifty Thousand Dollars ($50,000) (the “Minimum Guaranteed Monthly Payment”), and such payment shall have priority over the retirement of any Development and Construction Costs.

More Definitions of Development and Construction Costs

Development and Construction Costs means the sum of all costs incurred in developing, designing and constructing the Temporary Facility and other Improvements, including, without limitation, any costs related to acquisition of the Property, obtaining any Government Agency approvals, architect and engineering services, and other professional services.

Development and Construction Costs means the following costs payable by the Company to Gas Networks Ireland under this Connection Agreement: all costs and expenses (both direct and indirect) incurred by Gas Networks Ireland in connection with carrying out the Works and performing its obligations under this Connection Agreement, including but not limited to procuring Materials, labor costs, consultant fees, overheads, insurance costs, financing costs (to be calculated as Euribor plus two percent (2%)), and any other costs incurred by Gas Networks Ireland in relation to or arising out of the Works prior to or following the Agreement Date including in connection with the preparation, negotiation, completion and implementation of this Connection Agreement; all costs associated with any delay to the Works; and Gas Networks Ireland’s margin for carrying out the Works and performing its obligations under this Connection Agreement, which shall be calculated as 10% of the total amount of (A) and (if applicable) (B) above