Project Funding Amount definition

Project Funding Amount means the maximum amount payable under this Agreement, as set forth on the Cover Page.
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Project Funding Amount shall initially be zero ($0.00) and shall increase by the principal amount of each Advance (excluding the Final Funding) made by Owner to Developer in accordance with this Agreement.
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Examples of Project Funding Amount in a sentence

  • Subject to the terms of this Agreement, the State Water Board agrees to provide Project Funds not to exceed the amount of the Project Funding Amount set forth on the Cover Page of this Agreement.

  • Any increase in the Project Funding Amount will require an Agreement amendment.

  • The sum of adjusted line items in both the Summary Project Cost Table and the detailed budget must not exceed the Project Funding Amount.

  • Notwithstanding any other provision of this Agreement, the Recipient agrees that the State Water Board may retain an amount equal to ten percent (10%) of the Project Funding Amount until Project Completion.

  • The purpose of the Company shall be solely to hold the equity interests in PCAA, PCAA Phoenix, PCAA GP, PCAA LP, PCAA Chicago and PCAA Oakland.

  • Such adjustment may not increase or decrease the total Project Funding Amount.

  • At the discretion of the Division, the Project Funding Amount of this Agreement may be reduced, disbursements may be withheld, and the Agreement may be rescinded, to offset the amount of any Recovered Funds or any Contamination-Related Payments, Agreements, or Orders.

  • The sum of all line item adjustments approved by the Division for this Agreement must not exceed fifteen percent (15%) of the total Project Funding Amount.

  • Following the occurrence of an Early Project Termination Event and the full and complete return and distribution by the Company to each member of the Investor Group of its share of (i) the Total Project Funding Amount and (ii) all Mudharabah Profit (if any).

  • The investment will be deemed as “Investor’s Capital” out of the Total Project Funding Amount.