Project Revenue definition
Examples of Project Revenue in a sentence
A quarterly financial report including a Project revenue and expenditure summary which (1) identifies all sources and use of the Financial Contribution received by the Recipient under this Agreement during the previous quarter, (2) describes any financial variances against the Recipient’s annual budget, and (3) includes a detailed list of suppliers and expenses valued at $10,000 or more.
Borrower shall pay to Lender a payment in the amount of One Hundred Seventy-Five Thousand Dollars ($175,000) (the “Loan B Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan B, (B) an Event of Default and demand by Lender of payment in full of Loan B or (C) the Maturity Date, as applicable.
Requests for additional Capital Contributions shall be subject to the following procedures: The Manager shall request Supplemental Capital Contributions only for significant capital projects, tenant improvements and other legitimate business purposes that the Manager reasonably believes cannot reasonably be funded from Project revenue.
The Parties may agree to a fixed fee for these services on a case-by-case basis in which case the General Cost Allocation described above will not apply to this source of Project revenue.
Consultant must provide sufficient information for LADOTD/LTRC to evaluate and confirm that Project revenue will be used in accordance with the Final NEVI Federal Rule.