Punchlist Amount definition

Punchlist Amount means the cost or estimated cost to complete any Punchlist item as approved or deemed approved by the Parties under Section 13.1.1.
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Punchlist Amount has the meaning specified in Section 3.5(a) of the Participation Agreement.
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Punchlist Amount means any amounts owed to the BOP Contractor and TSA Contractor under the BOP Contract or Turbine Supply Agreement, respectively, with respect to punch-list items after giving effect to payments made to the BOP Contractor or TSA Contractor, as applicable, on the Funding Date.
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Examples of Punchlist Amount in a sentence

  • Such Proposed Punchlist shall include only Non-Critical Deficiencies and shall include a Punchlist Amount for the completion or repair of each such Non-Critical Deficiency.

  • If the Punchlist Amount is in excess of $150,000.00, Completion of Construction shall be deemed to have not occurred and Buyer shall not be required to proceed to Closing until the Punchlist Items are completed in accordance with the Building Specifications and Site Plan such that the Punchlist Amount is equal to or less than $150,000.00.

  • Such Proposed Punchlist shall include only Non-Critical Deficiencies , and shall include a Punchlist Amount for the completion or repair of such Non-Critical Deficiency.

  • We can support this claim by having detected German connectives in the discourse-annotated data of Potsdam Commentary Corpus that take a non-adjacent external argument, cf.

  • Each item on the Punch List shall be assigned a reasonable value based upon the reasonable cost of completion or correction of the same or such other value as may be required by Owner's lender ("Punch-list Amount").

  • Incidental expenses include fees and tips to waiters and waitresses, porters, baggage carriers, bellhops, hotel maids, and taxi fares for the purpose of obtaining food and incidentals.

  • Provided that no Lease Event of Default shall have occurred and be continuing, within thirty (30) days after Completion of a Facility and prior to the termination date of the Commitments as set forth in Section 2.5(f), Lessee, as Construction Agent, may request in writing that Lessor request that the Participants fund the remaining cost to complete all "punchlist" items for such Facility (the "Punchlist Amount"), in which event, Agent, on behalf of Lessor, shall make such request of the Participants.

  • In such event, the Participants shall make an Advance in an amount equal to the lesser of (x) the Punchlist Amount and (y) the remaining unfunded portion of the aggregate Commitments applicable to such Facility under Section 2.5(b).

  • Such request shall include Construction Agent's certification of the Punchlist Amount.

  • If the Punchlist Amount is equal to or less than $150,000.00, Completion of Construction shall be deemed to have occurred and Buyer and Seller shall proceed to Closing; provided, however, at Closing, Seller shall escrow with the Escrow Agent an amount equal to one hundred fifty percent (150%) of the Punchlist Amount (the “Punchlist Escrow”) and Seller shall complete the Punchlist Items within forty-five (45) days following Closing (the “Punchlist Deadline”).

Related to Punchlist Amount

  • GST Amount means in relation to a Taxable Supply the amount of GST payable in respect of the Taxable Supply.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Contract Amount means:

  • Adjustment Escrow Amount means $1,000,000.

  • Final Completion Date means the date on which Final Completion occurs.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Class C Required Amount means with respect to any Payment Date, an amount equal to the excess of the amount described in Section 4.4(a)(v) over Available Finance Charge Collections applied to pay such amount pursuant to Section 4.4(a).

  • Monthly Total Principal Allocation means for any Related Month the sum of all Series 2015-3 Principal Allocations with respect to such Related Month.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Class A Required Amount shall have the meaning specified in subsection 4.04(a).

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Deficit Amount has the meaning set forth in Section 6.02.

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Seller Remittance Amount With respect to each Servicer, the meaning assigned to such term in the related Servicing Agreement.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Cumulative Appraisal Reduction Amount As of any date of determination by the Special Servicer, the sum of (i) all Appraisal Reduction Amounts then in effect, and (ii) with respect to any AB Modified Loan, any Collateral Deficiency Amount then in effect. The Certificate Administrator and the Master Servicer shall be entitled to conclusively rely on the Special Servicer’s calculation or determination of any Cumulative Appraisal Reduction Amount. None of the Master Servicer, the Trustee nor the Certificate Administrator shall calculate or verify any Cumulative Appraisal Reduction Amount.

  • Aggregate Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Class B Required Amount shall have the meaning set forth in subsection 4.04(b).

  • Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.