Net Project Cost. The Recipient agrees that if federal law or regulation requires an Underlying Agreement to be financed based on its “Net Project Cost,” as defined in 49 U.S.C. § 5302:
Net Project Cost means that term as defined in former section 110(f) of title 1 of the housing act of 1949.
Net Project Cost means that term as defined in former section 110 of the housing act of 1949, 42
Examples of Net Project Cost in a sentence
For any Project not required by Federal law or FTA to be financed on the basis of its "Net Project Cost" as defined by 49 U.S.C. § 5302(a)(8), FTA intends to provide Federal assistance to the Recipient for all or part of the total Project cost that is eligible for Federal assistance.
More Definitions of Net Project Cost
Net Project Cost. If Federal law or regulation requires an FTA-funded Project to be financed on the basis of its “Net Project Cost,” as defined in 49 U.S.C. § 5302(12), as amended by MAP-21, or former 49 U.S.C. § 5302, under applicable previous authorizing legislation:
Net Project Cost. For any Project required by Federal law or by FTA to be financed on the basis of its “Net Project Cost” as defined at 49 U.S.C. § 5302(a)(8), FTA intends to provide Federal assistance to the Recipient for that portion of the Project cost that cannot reasonably be financed from the Recipient’s revenues, i.e., “Net Project Cost” of the Project. Therefore, the amount stated as the “Estimated Total Eligible Cost” on the Grant Agreement or Cooperative Agreement for the Project is the “Estimated Net Project Cost” and is the amount that forms the basis on which FTA will calculate the amount of Federal assistance awarded for the Project.
Net Project Cost means the cost of the Project that cannot reasonably be financed from the Grantee's revenues.
Net Project Cost means the sum of the eligible costs incurred in performing the work on the Project, including work done by the Grantee, less proceeds from sale of scrap and replaced facilities.
Net Project Cost. ’ means the part of a project that reasonably
Net Project Cost. ’ means the part of a project that reasonably cannot be financed from revenues.
Net Project Cost means the cost of the Project that cannot reasonably be financed from the Grantee’s revenues.