Handback Amount definition

Handback Amount means Project Co’s estimate of the cost of carrying out the Handback Works Plan; “Handback Certificate” has the meaning given in Section 4.2(a) of this Appendix:

Handback Amount has the meaning given in Schedule Part 18 (Handback Procedure);

Handback Amount has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Certificate” has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Holdback” has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Requirements” has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Survey” has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Works” has the meaning set out in Appendix 4C [Handback Requirements]; “Handback Works Plan” has the meaning set out in Appendix 4C [Handback Requirements]; “Has Knowledge”, “Have Knowledge” or “Having Knowledge” means:

Examples of Handback Amount in a sentence

• The Developer shall carry out the Handback Works at its own cost notwithstanding that the actual cost of the Handback Works may be higher than the Handback Amount.

• To assure NROCC that THJ will comply with its handback obligations TJH must within 7 days after the Handback Works, the Handback Programme and the Handback Amount is agreed with NROCC or determined by the expert procure that a bank shall deliver to NROCC a bond (“the Handback Bond”) for the Handback Amount.A further joint inspection will be carried no later than one year before the expiration date to determine whether it can reasonably be expected that the Toll Road will meet the Handback Requirements.

• On agreement, or determination in accordance with Clause 47 (Expert Determination), of the Handback Works, the Handback Programme and/or the Handback Amount (as the case may be), the Developer shall procure that the Handback Works are carried out in accordance with the Handback Programme.

• The Developer shall within seven days of the agreement or determination referred to in Clause 38.5, procure the provision of a bond (the " Handback Bond") in favour of the Grantor for an amount equal to the Handback Amount from a bank acceptable to the Grantor.

• Total Handback Amount means, as of any date of calculation, the sum of (a) the Handback Renewal Elements Amount; plus (b) the Handback Residual Elements Amount.

More Definitions of Handback Amount

Handback Amount has the meaning set out in Appendix 4B [Handback Requirements];

Handback Amount has the meaning set out in Appendix 4B [Handback Requirements]; “Handback Certificate” has the meaning set out in Appendix 4B [Handback Requirements]; “Handback Holdback” has the meaning set out in Appendix 4B [Handback Requirements];

Handback Amount has the meaning given in Clause 19.6.7.

Handback Amount shall have the meaning ascribed in article17.26;

Handback Amount. “ means Project Co’s estimate of the cost of carrying out the Handback Work;

Handback Amount has the meaning given in Clause 19.6.7. ''Handback Inspection'' has the meaning given in Clause 19.6.1.

Handback Amount has the meaning set forth in Section 11.12(c).