Proportional Cost Share definition

Proportional Cost Share means that the responsibility for the Entire Cost of a particular public street, intersection, sidewalk, traffic signal, or other applicable Public Improvement(s), as specifically identified in this Agreement or in an amendment to this Agreement, as applicable, less any amount contractually assumed by a local governmental entity, shall, by default, be divided among all fronting developments proportional to said developments’ Frontage to said public street or intersection. The default proportionality of said division may be adjusted by a corresponding construction agreement among all requisite parties that specifically addresses the responsibility for the Entire Cost of a particular public street, intersection, traffic signal, or other applicable Public Improvements.
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Examples of Proportional Cost Share in a sentence

  • CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for Valley Road.

  • In the event that a traffic signal is deemed Warranted at Gold Coast Road and Highway 50, one hundred percent (100%) of DISTRICT’s Proportional Cost Share for the traffic signal at Gold Coast Road and Highway 50 and any associated improvements may be borne by general obligation of DISTRICT or privately financed by DEVELOPER.

  • CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for Xxxxxxxx Trail.

  • In the event that any portion of the existing Dedicated Street Sidewalk within that portion of Chisholm Trail within the Development Area(the “Chisholm Trail Sidewalk”) is removed by CITY as part of a future improvement to the intersection of S 90th Street, Chisholm Trail, S Fillmore Street, and Gruenther Street, CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for reconstruction of the Chisholm Trail Sidewalk.

  • The foregoing shall not be construed to relieve DISTRICT of its financial obligation to participate in Proportional Cost Sharing for the construction of 000xx Xxxxxx; however, DISTRICT shall not be required to reimburse such governmental agency for DISTRICT’s Proportional Cost Share for 000xx Xxxxxx until the final Phase of the Development Area (which abuts 150th Street) is platted.

  • In the event that CITY reconstructs the intersection of S 90th Street, Xxxxxxxx Trail, S Fillmore Street, and Gruenther Street as part of a future improvement of such intersection, CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for such reconstruction.

  • CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for Chisholm Trail.

  • CITY shall assume DEVELOPER’s Proportional Cost Share and construction obligations for S 90th Street.

  • In the event that a traffic signal is deemed Warranted at 000xx Xxxxxx and Xxxxxx Road, one hundred percent (100%) of DISTRICT’s Proportional Cost Share for the traffic signal at 000xx Xxxxxx and Xxxxxx Road and any associated improvements may be borne by general obligation of DISTRICT or privately financed by DEVELOPER.

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Related to Proportional Cost Share

  • Cost Share means the member’s financial obligation for a covered Service. Depending on the plan type, Cost Share may include one or more of the following: deductible, Copay, Access Fee, and Coinsurance.

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Allocable Share means Allocable Share as that term is defined in the Master Settlement Agreement.

  • Proportionate Percentage means, with respect to any Shareholder as of any given date with respect to an Eligible Offering, the number (expressed as a percentage) obtained by dividing (A) the number of shares of Common Stock owned by such Shareholder as of such date by (B) the total number of shares of Common Stock held by all Shareholders.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Direct Expenses means “Operating Expenses” and “Tax Expenses.”

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Percentage Share means, when used:

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • Adjusted Value as used in subdivision (d) means:

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Additional Cost has the meaning assigned to such term in Section 3.01.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • Apportionment Fraction With respect to each Class of Subordinate Certificates and for any Distribution Date, in the event that the Class Principal Balances of the Senior Certificates of any Certificate Group have been reduced to zero, a fraction the numerator of which is equal to the sum of the Subordinate Optimal Principal Amount of the Loan Group (or Groups) related to such Certificate Group (or Groups), and the denominator of which is equal to the Aggregate Subordinate Optimal Principal Amount.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Purchase Price Percentage has the meaning assigned to such term in the Pricing Side Letter.

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Adjustment Percentage means, with respect to any Loan, the quotient (expressed as a decimal) of the Loan Value for such Loan divided by the Cut-Off Date Unpaid Principal Balance of such Loan.

  • Increased Assessed Value means, for each Fiscal Year during the term of this Agreement, the amount by which the Current Assessed Value for such year exceeds the Original Assessed Value. If the Current Assessed Value is less than or equal to the Original Assessed Value in any given Tax Year, there is no Increased Assessed Value in that year.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Adjustment ratio means the value of index A divided by index

  • Total Costs means the sum of all direct and indirect costs associated with the purchase of the goods incurred by CPUT, including but not limited to the invoice price, goods life, service costs, distribution costs, transaction costs, inventory costs, purchasing administration costs and other costs incurred with the use of the goods provided by the Bidder.