Project Related Costs definition
Examples of Project Related Costs in a sentence
All Required Equity Funds shall be contributed (i.e., expended by Borrower and invested by Borrower in the Property, for Project Related Costs set forth on the approved Development Budget) before the Closing Date.
The Project Participant shall, in accordance with and subject to the provisions of SECTION 5 hereof, pay FMPA (i) for its Solar Entitlement Share, an amount determined by multiplying Monthly Energy Costs by the Project Participant’s Solar Entitlement Share, and (ii) for its share of monthly Project Related Costs, an amount determined by multiplying the Project Related Costs for such Month by Project Participant’s Solar Entitlement Share.
In the event that the Solar Project Committee elects to fund such Network Upgrades, as approved by the Board of Directors, the costs associated with such funding shall be included in the Project Related Costs billable to the Project Participants.
As part of the budget process, the Solar Project Committee will review Project Related Costs, including the Allocable A&G and the Working Capital Allowance, to ensure the appropriate amount of resources are allocated the Solar Project.
All Contracts (including the Construction Manager’s Agreement and guaranteed maximum price contracts or fixed price contracts in accordance with the Final Project Documents with respect to at least 80% of the remaining Project Related Costs to be incurred as set forth in the Approved Project Budget (the “Contracting Threshold”)) shall be in full force and effect or the work and all payments thereunder shall be fully completed and copies thereof shall have been delivered to Agent.