Privately Financed Enhancement definition

Privately Financed Enhancement. [has the meaning given such term in the Development Agreement)] [means ].
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Privately Financed Enhancement means additions or enhancements to the Project agreed upon by the Parties that are paid for solely by the Team or other private entity in amounts above the Preliminary Project Budget as set forth in Exhibit F-1 and which are not included in Project Costs.
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Examples of Privately Financed Enhancement in a sentence

  • The Authority and Team each acknowledge that Two Million Dollars ($2,000,000) of the Stadium Plaza Improvements Budget will be funded by the Team as a Privately Financed Enhancement.

  • The Team will fund the initial design, installation and activation of the WiFi Communications System as a Privately Financed Enhancement.

  • The Team will fund the approved East Event Level Locker Room Buildout as a Privately Financed Enhancement.

  • The Team will fund the approved Truss Bar and Event Cabins as a Privately Financed Enhancement.

  • The Authority and Team each acknowledge that Two Million Six-Hundred Thousand Dollars ($2,600,000) of the Concessions Equipment Budget will be funded by the Team as a Privately Financed Enhancement.

  • The design, construction, and other related costs of the Truss Bar and Event Cabins will be a Privately Financed Enhancement, as that term is defined in the Development Agreement, with all design, construction, and final installations to be the sole responsibility of and will be funded by the Team.