Eligible Base Project Costs definition

Eligible Base Project Costs. The portion of Base Project Costs that are Eligible Project Costs, estimated as of the Common Agreement Date to be in the aggregate amount of $69,019,230 (which for avoidance of doubt, includes [*****] of budgeted Overrun Contingencies).
View Source
Eligible Base Project Costs. Eligible Project Costs, in an aggregate amount equal to four billion three hundred sixty-seven million two hundred forty-two thousand and eighty-seven dollars ($4,367,242,087).
View Source

Examples of Eligible Base Project Costs in a sentence

  • The Equity Contributor irrevocably commits to provide Base Equity in the aggregate amount of (i) 27% of all Eligible Base Project Costs, plus (ii) 100% of all Ineligible Base Project Costs.

  • The Borrower may request an Advance no more frequently than once per calendar month; provided, however, that the Borrower may request one additional Advance in any calendar month that includes a Principal Payment Date, but only for the purpose of paying interest owing on the outstanding DOE Guaranteed Loan that constitutes Eligible Base Project Costs.

  • The Equity Investor shall make Equity Contributions to pay for Eligible Base Project Costs in respect of the Base Equity Commitment on or prior to the date that is nine (9) Business Days prior to each Requested Advance Date, in an amount such that, after giving effect to all Advances to be made on such Requested Advance Date and any Approved Pre-Closing Equity Credit Balance, the Debt-to-Equity Contribution Ratio is not more than 79:21.