QCiL Construction Event Costs definition

QCiL Construction Event Costs means, in relation to a QCiL Construction Event, all irrecoverable and unavoidable out-of-pocket costs (including QCiL Tax Liabilities) which have been, will be or are reasonably likely to be incurred in respect of the Project by the Generator arising directly from such QCiL Construction Event occurring, if and to the extent that such costs constitute:
QCiL Construction Event Costs means, in relation to a QCiL Construction Event, all out- of-pocket costs (including QCiL Tax Liabilities) which are irrecoverable and unavoidable by the Emitter acting in accordance with the Reasonable and Prudent Standard and which have been, will be or are reasonably likely to be incurred following the Agreement Date in respect of the Project by the Emitter arising directly from such QCiL Construction Event occurring, if and to the extent that such costs constitute:
QCiL Construction Event Costs means, in relation to a QCiL Construction Event, all irrecoverable and unavoidable out-of-pocket costs (including QCiL Tax Liabilities) which have been, will be or are reasonably likely to be incurred in respect of the Project by the Emitter arising directly from such QCiL Construction Event occurring, if and to the extent that such costs have been incurred by the Emitter (or an Affiliate of the Emitter on the Emitter's behalf) following the Agreement Date and such costs constitute:76

Related to QCiL Construction Event Costs

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Completion of Construction means the date, as determined by the Division after consultation with the Recipient, that the work of building and erection of the Project is substantially complete.

  • Commencement of Construction means the initial disturbance of soils associated with clearing, grading, or excavating activities or other construction activities.

  • Begin actual construction means, in general, initiation of physical on-site construction activities on an emissions unit which are of a permanent nature. Such activities include, but are not limited to, installation of building supports and foundations, laying of underground pipework, and construction of permanent storage structures. With respect to a change in method of operation, this term refers to those on-site activities, other than preparatory activities, which mark the initiation of the change.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Public improvement costs means the costs of: