Fixed Project Costs definition

Fixed Project Costs means all pre-construction, development, and capital costs of the Project, including debt service and reserves for the payment of debt service, incurred by the Agency or District in accordance with Section 6 hereof; provided, however, Fixed Project Costs shall not include any damages or other amounts paid by the Agency or the District to the Company as indemnification payments pursuant to Section 22 of this Agreement.
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Fixed Project Costs means pre-construction, development, capital costs, including debt service and reserves for the payment of debt service, incurred by the Agency or District in accordance with Section 6 hereof as estimated in Exhibit D.
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Fixed Project Costs means MCWD’s share of all pre-construction, development, and capital costs of the Project, including debt service and reserves for the payment of debt service and replacement and renewal reserves, incurred by M1W and MCWD less any State Revolving Fund grants and FORA capital contributions received by MCWD, all as identified and calculated pursuant to the MCWD-M1W Agreement, particularly Sections 4 and 5, relating to the cost of MCWD AWT Water made available under this Agreement, which will normally be 500/600 of those costs. In addition, such capital, replacement and renewal costs to wheel recovered MCWD AWT Water through the MCWD Pipeline during the term of this Agreement.
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Examples of Fixed Project Costs in a sentence

  • The Company Water Rate in each Fiscal Year of the Agreement shall be the sum of the Fixed Project Costs and Project Operation and Maintenance Expenses budgeted for production and delivery of AWT Water in such Fiscal Year, divided by the amount of AWT Water expected to be produced during such Fiscal Year.

  • Not later than May 1 each year, the Fixed Project Costs and Project Operation and Maintenance Expenses shall be estimated by the Agency and the District for the following Fiscal Year.

  • At the request of the Agency, the Company may assist the Agency in obtaining financing for Fixed Project Costs for the Project.

  • Estimated Fixed Project Costs and Project Operation and Maintenance Expenses for the first year of project operation are attached as Exhibit D.

  • If the actual aggregate of the Fixed Project Costs and Project Operation and Maintenance Expenses will exceed the total estimated costs set forth in the CPUC Decision, the Company shall seek CPUC approval for costs in excess of those authorized.

  • If the actual aggregate of Fixed Project Costs and Project Operation and Maintenance Expense are less than the total estimated costs set forth, the rate of payment shall be reduced accordingly.

  • The District covenants and agrees to pay to the Agency the revenues received from the Company from the AWT Water Payments, provided however it will reduce the payment amount by any portion of the Fixed Project Costs and Project Operating Expenses paid directly by the District.

  • The rate of payment for Project Water shall be $ per acre-foot and is computed as the sum of Fixed Project Costs and Project Operating and Maintenance Expenses as shown in Exhibit D divided by 3,500 acre-feet.

  • Not later than May 1 each year, the Fixed Project Costs and Project Operation and Maintenance Expenses shall be estimated for the following Fiscal Year.

  • Access to the books and records of MCWD will be made available to the other Parties during MCWD’s regular business hours with at least five (5) business days prior notice in accordance with Section 41 of this Agreement for the limited purpose of reviewing the accuracy and reasonableness of the Fixed Project Costs, Project Operation and Maintenance Expenses, and water wheeling expenses payable under this Agreement.