Improvement Costs definition

Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

Improvement Costs means any additional expenditure on a fixed asset that substantially increases the capacity of the asset or substantially improves its functioning or represents more than 10 percent of the initial depreciation base of the asset;

Improvement Costs means the sum of: (i) the Planning Costs; and (ii) the Construction Costs.

Examples of Improvement Costs in a sentence

• Developer, subject to the terms and conditions of this Agreement, including the CID Cap set forth in Section 3.04 below, shall be reimbursed for the CID Improvement Costs from and to the extent of the CID Sales Tax proceeds collected during the Term.

• Within thirty days after the occurrence of the Village’s completion of the construction of the 000xx Xxxxxx Improvements, its acceptance thereof and its payment in full of all Improvement Costs, Village shall notify the District thereof and provide the District with documentation of the amount of and actual expenditure of the Improvement Costs.

• The parties agree that the elements listed on Exhibit I constitute valid elements to be included in the Infrastructure Improvement Costs hereunder, and that the methods, per unit cost, and quantities used represent reasonable estimates based on information received by the respective parties to date.

• Attached hereto as Exhibit I is an estimate of the Infrastructure Improvement Costs, which the parties agree represents a good faith estimate of fair market value costs to be incurred in connection with the completion of the Infrastructure.

• Tenant must provide the Commissioner with a statement certified by Tenant, setting forth the aggregate amount of the Improvement Costs expended by Tenant for each Leased Space, with such detail as may be reasonably requested by the Commissioner.

More Definitions of Improvement Costs

Improvement Costs shall have the meaning set forth in Subsection 4.8.1.1.

Improvement Costs means the amount of capital expenditures for an Original

Improvement Costs means $ 13,500,000.

Improvement Costs means those costs incurred in connection with the Improvements, including:

Improvement Costs means, collectively, (i) the Soft Costs; (ii) the Construction Costs; and (iii) Lessor’s Fee.

Improvement Costs means the amount of capital expenditures for an Improvement, including interest during construction, which has been authorized to be paid by the City by an ordinance or resolution of the City, including expenditures made to redeem outstanding notes issued to pay for such improvement and Costs of Issuance of the Bonds, less (a) the amount of any notes or bonds of the City which are currently outstanding and available to pay such Improvement Costs and (b) any Improvement Costs which have been previously paid by the City or by any eligible source of funds, unless such amounts are entitled to be reimbursed under State and Federal law.

Improvement Costs means the total amount paid by Licensee for categories of labor, services, materials and supplies used in the design, development, installation and construction of the Improvements.