Phase II Project Budget definition

Phase II Project Budget means the Phase II Project Budget approved in accordance with the Disbursement Agreement.
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Phase II Project Budget as defined in the Disbursement Agreement.
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Phase II Project Budget means the budget for the Phase II Project delivered by the Company and approved by the Majority of the Arrangers pursuant to Section 3.4.2 of the Disbursement Agreement, and as amended from time to time in accordance with Section 6.3 of the Disbursement Agreement.
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Examples of Phase II Project Budget in a sentence

  • Brock Wagner provided an overview of the Phase II Project Budget Report.

  • The Company shall have certified in the Company's Phase II Approval Date Certificate that such Contracts are consistent with the Phase II Project Budget, the Phase II Project Schedule and the Final Plans and Specifications for the Phase II Project.

  • The Company shall have certified in the Company’s Advance Request that such Contracts are consistent with the Phase II Project Budget, the Phase II Project Schedule and the Final Plans and Specifications for the Phase II Project.

  • These constraints are a simplified version of ”path equations” (Shieber et al., 1983), and we present an algorithm for learning these constraints from examples (Section 5).

  • Fausto Silva from Pinnacle One provided an overview of the Phase II Project Budget Report.

  • The Administrative Agent shall have received any material amendments or material modifications to the Phase II Project Budget last delivered to the Administrative Agent, or a statement that no material changes have been made to the Phase II Project Budget.

  • The Phase II Primary Construction Contract shall be consistent with the Phase II Project Budget, the Phase II Project Schedule and the Final Plans and Specifications for the Phase II Project.

  • The Phase II Project Budget shall include a total contingency of at least $40,000,000.

  • The Borrower shall apply the proceeds of the Delayed Draw Term Loans to pay the Phase II Project Costs which are identified in the Phase II Project Budget approved in accordance with Section 5.4.3 hereof.

  • From and after the Phase I Opening Date, the Company shall only be permitted to obtain Advances hereunder for the purpose of paying Debt Service accruing with respect to Advances made under the Bank Credit Agreement or from the 2014 Notes Proceeds Account to pay Project Costs allocated to the Phase II Project under the Phase II Project Budget.


More Definitions of Phase II Project Budget

Phase II Project Budget means the Project Equity Costs for the construction of Phase II of the Project as projected, adopted and revised from time to time by the Managing Member in its sole discretion and as approved by the FERC, the CRE or any other regulatory or governmental Entity in Mexico or in the United States of America.
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Phase II Project Budget means the budget set forth on Schedule VI annexed hereto and made a part hereof (as amended from time to time in accordance with Section 7.2.10) which shall include (x) a breakdown of all Hard Costs and Soft Costs, together with a schedule of Phase II Costs incurred prior to the Effective Date, (y) a schedule setting forth the FF&E which is to be purchased in connection with the construction of the Phase II Project from the proceeds of the Loans or otherwise, and (z) a balanced statement of sources and uses of proceeds (and any other funds necessary to complete the Phase II Project).
Sample 1

Related to Phase II Project Budget

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Project area budget means a multiyear projection of annual or cumulative

  • Development Budget has the meaning set forth in Section 3.1.

  • Project Costs means the costs of the construction, acquisition or equipping of the Project, as further described in the Project Budget, and such other costs as may be approved in writing by the Department, provided such costs are permitted by the Act.

  • Qualified Project Costs means the costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Owner or but for a proper election by the Owner to deduct such Costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation or construction of the Project (in the case of rehabilitation, with respect to vacated units only) shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed or rehabilitated by an Affiliate (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket Costs incurred by such Affiliate in constructing or rehabilitating the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliate, and (C) any overhead expenses incurred by the Affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation or construction of the Project or payments received by such Affiliate due to early completion of the Project (or any portion thereof); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code,

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;