Unit Budget. The budget prepared or to be prepared by Agent and delivered to, and approved by, Owner prior to the Initial Advance with respect to any Unit, as amended from time to time, which budget shall set forth in general detail costs relating to such of the following as Agent deems to be appropriate: (a) the installation of Unit FF&E, if any, thereon; (b) all costs, including, without limitation, the purchase price, survey and survey inspection charges, appraisal, architectural, engineering, environmental analysis, soil analysis and market analysis fees, title insurance premiums, brokerage commissions, transfer fees and taxes that are customarily the responsibility of the purchaser, closing adjustments for taxes, utilities and the like, escrow and closing fees, recording and filing fees, the legal fees of Owner and Agent, and all related costs and expenses incurred in acquiring and maintaining marketable fee or leasehold title to such Unit and in leasing or subleasing such Unit to Agent; (c) the costs of completion of the Unit Improvements in conformity with the Unit Plans, the Construction Agreement or any contracts in replacement thereof, including without limitation, costs of site preparation, acquiring or granting easements and acquiring or installing equipment and all related appliances, appurtenances, accessions, furnishings, materials and parts (including all replacements and subsequent replacements thereto) in connection with the completion of the Unit Improvements, making utility connections, demolition, streets, parking areas, landscaping, development, off-site improvements, design and related construction of the Unit Improvements and related facilities and the cost of necessary studies, surveys, plans and permits, insurance and examination and incidental costs and expenses related thereto incurred in acquiring and maintaining marketable fee or leasehold title to such Unit and in leasing or subleasing such Unit and Unit FF&E to Agent; (d) the costs of architects', attorneys', engineers' and other professionals' fees and disbursements, in connection with the development, planning, renovation, construction, start-up, testing and construction financing of the Unit Improvements, including, without limitation, the fees and disbursements of Owner's counsel in connection with this Agreement and the duties of Owner hereunder, the Construction Agreement, and in all other matters involving or reasonably related to this transaction; (e) costs of all charges and ass...
Unit Budget means, collectively, the budgets setting forth the construction costs with respect to each Unit.
Unit Budget means a budget setting forth the Unit Construction Costs with respect to each Unit. Each Unit Budget will be subject to review and approval by Lender.
Examples of Unit Budget in a sentence
Section 914-A(6)(1) Act 102 of 1970, requires that the Intermediate Unit Budget be approved by at least a majority of the school districts comprising the Intermediate Unit.
Agent shall promptly deliver to Owner and any Assignee any such amended, modified or supplemented Unit Plans, Unit Budget or Unit FF&E Specifications.
Budget Review & Risk Management Unit Budget Review is responsible for ensuring that budgets and budget modifications are in compliance with City of New York and DYCD rules and regulations regarding budgetary requirements and fiscal accountability.
The various units involved in the delivery of the program include; General Administration Unit, Budget Unit, Planning Unit, Accounts Office, Procurement Unit, Human Resource, Internal Audit and Records Unit.
Each Unit Budget (as updated from time to time) contains all costs, expenses, and fees anticipated to be incurred by Borrower in connection with the respective type of Unit.
More Definitions of Unit Budget
Unit Budget means the amount allocated by Borrower to the hard and soft costs associated with the construction of each Unit included as Eligible Collateral, as set forth in budgets and cost breakdowns delivered to Lender. The Unit Budget will specifically set forth the building permit fees, tap fees, impact fees, development fees, and other municipal, county, school district, and special district fees and assessments required prior to the start of construction, and the amount of each Unit Budget will be set forth in the Borrowing Base Reconciliation Report. The Unit Budget will be subject to review and approval by the Lender.
Unit Budget means, with respect to each Unit plan type, the budget of the costs, expenses and fees necessary for or related to construction of such Unit plan type approved by Bank in its reasonable discretion, together with any amendments or modifications thereof consented to by Bank in its reasonable discretion. Such budget shall include (i) the onsite cost of labor and materials directly related to construction of such Unit plan type, other "hard costs", construction permits, tap fees and other fees for permits required by any governmental authority, and costs of direct project supervision, (ii) for Model Units, but not Presold Units or Spec Units, costs and expenses related to upgraded landscaping, flooring, cabinets and appurtenances, but not furniture, fixtures, equipment or decorator items, and (iii) insurance costs, advertising and marketing costs, escrow and title fees, processing and closing fees, wire transfer fees, legal fees, and appraisal fees, and other "soft costs" related to construction of Units as contemplated herein (excluding sales tax
Unit Budget. The budget to be prepared by Agent and delivered to, and approved by, Owner prior to the Initial Advance with respect to any Unit, as amended from time to time, which budget shall set forth in general detail costs relating to such of the following as Agent deems to be appropriate: (a) the installation of Unit FF&E, if any, thereon; (b) all costs, including, without limitation, the purchase price, survey and survey inspection charges, appraisal, architectural, engineering, environmental analysis, soil analysis and market analysis fees, title insurance premiums, brokerage commissions, transfer fees and taxes that are customarily the responsibility of the purchaser, closing adjustments for taxes, utilities and the like, escrow and closing fees, recording and filing fees, the legal fees of Owner and Agent, and all related costs and expenses incurred in acquiring and maintaining marketable fee or leasehold title to such Unit and in leasing or subleasing such
Unit Budget means the total, as shown on the Subdivision Budget, of all Direct Costs and all Indirect Costs necessary for or related to construction of each Unit and each Presold Unit in the Subdivision.
Unit Budget means, collectively, the budgets setting forth the Unit Construction Costs with respect to each Unit. Each Unit Budget will be subject to review and approval by Administrative Agent. The initial Unit Budget in the initial Approved Subdivision for Model Units, Spec Units and Presold Units is attached hereto as Exhibit G.
Unit Budget in subsection 1.1 of the Agreement for Lease is amended to delete the amount "$75,000,000" and to replace such amount with the amount "$79,500,000".
Unit Budget means the individual budget for a Unit which shall be agreed to by Lender and Borrower in connection with adding a Lot as Collateral.