TDD Project Costs definition

TDD Project Costs means the costs incurred by or on behalf of Developer with respect to that certain “Transportation Project” as defined in that certain Petition to Establish a Transportation Development District filed with the Circuit Court of the City of St. Louis with respect to the TDD.
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TDD Project Costs means the costs of designing, developing, constructing and completing the TDD Project within the TDD District, including both those Eligible Expenses to be paid with Pay-As-You-Go TDD Financing and those costs to be funded solely by Developer's private equity and debt and funds.
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Examples of TDD Project Costs in a sentence

  • Developer has identified certain TDD Project Costs which may be paid with TDD Sales Tax Proceeds if and to the extent that such TDD Project Costs are: (i) agreed- upon by the parties and identified on Exhibit P attached hereto for the TDD District (the "TDD Project Costs"), and (ii) eligible for payment or reimbursement pursuant to the TDD Act.

  • Subject to the terms and conditions of this Agreement, the portion of the CID Project Costs relating to the CID District shall be reimbursed in whole or in part with CID Bonds and the portion of the TDD Project Costs relating to the TDD District shall be reimbursed in part with Pay-As-You-Go TDD Financing.

  • Developer hereby understands and agrees that TDD Sales Tax Proceeds may not be spent for any costs other than TDD Project Costs.

  • The costs of the TDD Project (the "TDD Project Costs") will generally be funded by private equity and debt ("Private Funds").

  • Subject to Article IV of this Agreement, CID Assessments shall be used to reimburse Developer for CID Project Costs, TDD Sales Tax shall be used to reimburse Developer for TDD Project Costs, and City Funds shall be used to pay for the ▇▇▇▇▇▇▇ Improvement Costs, all as estimated in Exhibits O, P and Q, respectively, and in all events in accordance with the terms of this Agreement.

  • In no event will the reimbursement described hereunder with respect to any CID Project Costs or TDD Project Costs exceed any applicable limitations set forth in this Agreement.

  • For instance, Developer shall certify and be responsible for ensuring that CID Bond Proceeds from the CID District are not in any way commingled or improperly used for TDD Project Costs incurred in the TDD District.