EPC Costs definition

EPC Costs means, collectively, any costs and expenses for which Owner is liable pursuant to any Construction Contract, other than costs and expenses for which Purchaser shall have agreed in writing to reimburse to Owner in the event this Agreement is terminated under Section 3.3.3. For the avoidance of doubt, "EPC Costs" shall include any penalties, damages, fees or other amounts that Owner is equired to pay as a result of the termination of any Construction Contract, other than penalties, damages, fees or other amounts for which Purchaser shall have agreed in writing to reimburse to Owner in the event this Agreement is terminated under Section 3.3.3.
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EPC Costs means, collectively, any costs and expenses for which Owner is liable pursuant to any Construction Contract, other than costs and expenses for which Purchaser shall have agreed in writing to reimburse to Owner in the event this Agreement is terminated under Section 3.3.3. For the avoidance of doubt, "EPC Costs" shall include any penalties, damages, fees or other amounts that Owner is required to pay as a result of the termination of any Construction Contract, other than penalties, damages, fees or other amounts for which Purchaser shall have agreed in writing to reimburse to Owner in the event this Agreement is terminated under Section 3.3.3.
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EPC Costs means any and all amounts payable by Project Company to Contractor pursuant to and in accordance with the EPC Agreement, including any Milestone Payment (as defined in the EPC Agreement) payable pursuant to Article 8 of the EPC Agreement, any termination payment payable pursuant to Section 20.5(a) of the EPC Agreement, any other amount payable upon an Owner Event of Default (as defined in the EPC Agreement) pursuant to Section 20.4 of the EPC Agreement and any amounts payable with respect to Project Company’s indemnification obligations under Section 12.7 or 24.2 of the EPC Agreement.
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Examples of EPC Costs in a sentence

  • The Affected Transmission Owner shall invoice each Developer in accordance with this Article 7.1 for the EPC Costs.

  • Each Developer will be responsible for its respective Invoice Share of the EPC Costs incurred by Affected Transmission Owner in performing the EPC Services up to its Developer Common SDU Cost Cap amount.

  • Notwithstanding the requirements in Attachment S to the ISO OATT, Affected Transmission Owner shall be solely responsible for its EPC Costs in performing the EPC Services that are greater than the Developer Common SDU Cost Cap amount.

  • The Affected Transmission Owner shall notify each Developer when it determines that the EPC Costs will exceed the sum of the First Prepayment Amount and the Second Prepayment Amount and shall request a final additional payment from each Developer equal to 40% of its respective Developer Common SDU Cost Cap (“Third Prepayment Amount”).

  • EPC Costs shall mean the actual costs that Affected Transmission Owner incurs in performing the EPC Services in accordance with this Agreement.


More Definitions of EPC Costs

EPC Costs means the sum of Infrastructure Cost and Project Procurement Cost.
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