Participant Costs definition
Examples of Participant Costs in a sentence
The proceeds of the Advance will be used only to pay for Participant Costs.
Pursuant to Section 3.2 of the Original Participation Agreement, the Advance was used solely to pay Participant Costs.
On the Original Closing Date, the Lessor made the Advance, the proceeds of which were used for the payment of Participant Costs.
For each training/event the costs are divided into two categories, food and lodging costs for participants listed under Participant Costs, and facilitator fees, materials and all other costs listed under Other Training Costs.
This Invoice Expenditures o- Enter total contract expenditures for this invoice for Participant Costs.
Lessee, Lessor, the Administrative Agent, and the financial institutions party thereto from time to time as Lenders have entered into (i) that certain Participation Agreement, dated as of March 3, 2017 (as amended and restated as of May 2, 2019, and as may be further amended, restated, supplemented or otherwise modified from time to time pursuant thereto, the “Participation Agreement”) and (ii) other Operative Documents for the purpose of providing financing to fund Participant Costs.
It is understood and agreed that the costs outlined in Schedule E are estimates only and that Participant Costs will be based on 50% of the actual costs to complete the Works and that those actual costs will be determined at the time of Tender.
The Funding by the Participants to the Administrative Agent with respect to the Advance and the Advance by the Administrative Agent to any Person entitled to payments constituting Participant Costs shall be deemed to constitute the required Advance by the Participants.
Unencumbered TMDL funds shall be applied to the Participant Costs and MOU Costs of the signatories of the TMDL MOU.
Subject to the terms and conditions of this Participation Agreement, on the Document Closing Date, the Lessor shall make the Advance, the proceeds of which shall be used for the payment of Participant Costs.