Qualifying Infrastructure Costs definition
Qualifying Infrastructure Costs means the costs of the Infrastructure.
Qualifying Infrastructure Costs shall have the meaning set forth in Section 4.1 of this Fee Agreement.
Qualifying Infrastructure Costs shall have the meaning set forth in Section 4.1 of this Fee Agreement. “Real Property” shall mean the Land identified on Exhibit A, together with all and singular rights, members, hereditaments and appurtenances belonging or in any way incident or appertaining thereto to the extent such become a part of the Project under this Fee Agreement, all improvements now or hereafter situated thereon and all fixtures now or hereafter attached thereto, to the extent such improvements and fixtures become part of the Project under this Fee Agreement.
Examples of Qualifying Infrastructure Costs in a sentence
GOT hereby agrees to reimburse Business (the “Infrastructure Incentive”) for all Qualifying Infrastructure Costs (as defined below) expended by Business in connection with the development of the Facility.
The County hereby grants to the Sponsor, subject to the provisions herein, and the Sponsor hereby accepts from the County, an annual credit against the annual Negotiated FILOT Payment (a “Special Source Revenue Credit” or “SSRC”) due by the Sponsor, which shall serve as a reimbursement to the Sponsor for its investment in Qualifying Infrastructure Costs (as described below).
More Definitions of Qualifying Infrastructure Costs
Qualifying Infrastructure Costs as used in this Agreement shall collectively mean all costs, fees and expenses incurred by Business in connection with designing and constructing infrastructure and public and private improvements to serve the Facility, including but not limited to costs, fees and expenses to (i) extend, install, construct and meter utilities such as gas, propane, electricity, solar, wind, telecommunications, uninterrupted power, water, sanitary sewer, storm sewer, storm water transport and treatment (collectively, the “Utilities”) to serve the Facility and surrounding areas, (ii) design and master plan any related public improvements, (iii) obtain all approvals, entitlements and permits needed to lawfully construct and use any infrastructure or public improvements, as applicable, and (iv) finance any related site work, paving, landscaping, irrigation and other on- or off-site work performed in connection with the construction, use and maintenance of any infrastructure or public improvements, as applicable.