FOR CDOT ENCUMBRANCE PURPOSES Sample Clauses

FOR CDOT ENCUMBRANCE PURPOSES a. Total Encumbrance Amount (Federal funds + Local Agency funds) $1,020,169.00 b. Less ROW Acquisition 3111 and/or ROW Relocation 3109 $0.00 Note: $775,000.00 are currently available. Additional funds will become available after execution of an Option letter (Exhibit B) or formal Amendment.
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FOR CDOT ENCUMBRANCE PURPOSES a. Total Encumbrance Amount (Only CDOT funds are encumbered) $1,300,000.00 b. Less ROW Acquisition 3111 and/or ROW Relocation 3109 $48,000.00 State 50% of ROW $48,000.00 Note: No funds are currently available. Design and Construction funds will become available after execution of an Option letter (Exhibit D) or formal Amendment. WBS Element 24023.10.30 Performance Period Start*/End Date N/A- N/A Design 3020 $0.00 WBS Element 24023.20.10 Performance Period Start*/End Date Const. 3301 $0.00 N/A- N/A *The Local Agency should not begin work until both of the following are in place: 1) the execution of the document encumbering funds for the respective phase; and 2) Local Agency receipt of the official Notice to Proceed. Any work performed before these two (2) milestones are achieved will not be reimbursable.
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FOR CDOT ENCUMBRANCE PURPOSES a. Total Encumbrance Amount (Only CDOT funds are encumbered) $2,000,000.00 b. Less ROW Acquisition 3111 and/or ROW Relocation 3109 $0.00 Note: No funds are currently available. Design and Construction funds will become available after execution of an Option letter (Exhibit D) or formal Amendment. WBS Element 24757.10.30 Performance Period Start*/End Date Design 3020 $0.00 N/A – N/A WBS Element 24757.20.10 Performance Period Start*/End Date Const. 3301 $0.00 N/A – N/A *The Local Agency should not begin work until both of the following are in place: 1) the execution of the document encumbering funds for the respective phase; and 2) Local Agency receipt of the official Notice to Proceed. Any work performed before these two (2) milestones are achieved will not be reimbursable.
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FOR CDOT ENCUMBRANCE PURPOSES a. Total Encumbrance Amount (Federal funds + Local Agency funds) $2,182,554.00 b. Less ROW Acquisition 3111 and/or ROW Relocation 3109 $0.00 Note: Only $200,397.00 in Design funds are currently available. Additional Design and Construction funds will become available after execution of an Option letter (Exhibit B) or formal Amendment. WBS Element 24891.10.30 Performance Period Start*/End Date Design 3020 $200,397.00 04/21/2023 - 11/30/2024 WBS Element 24891.20.10 Performance Period Start*/End Date Const. 3301 $0.00 TBD- TBD *For BRO M870-080 (24891), the Local Agency should not begin work until all three (3) of the following are in place: 1) Phase Performance Period Start Date; 2) the execution of the document encumbering funds for the respective phase; and 3) Local Agency receipt of the official Notice to Proceed. Any work performed before these three (3) milestones are achieved will not be reimbursable.
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Related to FOR CDOT ENCUMBRANCE PURPOSES

  • Permitted Encumbrances The term “Permitted Encumbrances” shall mean:

  • Permitted Liens Create, incur, assume or suffer to exist any Lien upon or with respect to any of its Property, whether now owned or hereafter acquired, file or authorize the filing under the Uniform Commercial Code or any Requirement of Law of any jurisdiction, a financing statement (or the equivalent thereof) that names it or any of its Subsidiaries as debtor; sign any security agreement authorizing any secured party thereunder to file such financing statement (or the equivalent thereof) other than, as to all of the above, the following (collectively, "Permitted Liens"): (a) Liens in favor of Agent; (b) Liens securing Debt that is permitted under Section 9.2.1(c); (c) Liens for Taxes not yet due or being Properly Contested; (d) statutory Liens (other than Liens for Taxes or imposed under ERISA) arising in the Ordinary Course of Business, but only if (i) payment of the obligations secured thereby is not yet due or is being Properly Contested, and (ii) such Liens do not materially impair the value or use of the Property or materially impair operation of the business of Borrowers or their Subsidiaries; (e) Liens incurred or deposits made in the Ordinary Course of Business to secure the performance of government tenders, bids, contracts, statutory obligations and other similar obligations, as long as such Liens are at all times junior to Agent's Liens and are required or provided by law; (f) Liens arising in the Ordinary Course of Business that are subject to Lien Waivers; (g) Liens arising by virtue of a judgment or judicial order against Borrowers or their Subsidiaries, or any Property of Borrowers or their Subsidiaries, as long as such Liens are (i) in existence for less than 20 consecutive days or being Properly Contested, and (ii) at all times junior to Agent's Liens; (h) easements, rights-of-way, restrictions, covenants or other agreements of record, and other similar charges or encumbrances on Real Estate, that do not secure any monetary obligation and do not interfere with the Ordinary Course of Business; (i) normal and customary rights of setoff upon deposits in favor of depository institutions, and Liens of a collecting bank on Payment Items in the course of collection; and (j) carriers', warehousemen's, landlord's, mechanics, materialmen's, repairmen's or other like Liens arising in the Ordinary Course of Business that secure obligations that are not overdue for a period of more than 30 days or are being Properly Contested; (k) Liens securing the Debt that is permitted under Section 9.2.1(f); provided that such Liens are at all times subject to the terms of the Intercreditor Agreement; (l) Liens in favor of customs and revenue authorities arising as a matter of law which secure payment of customs duties in connection with the importation of goods, but only to the extent such Liens secure amounts not yet due; (m) existing Liens shown on Schedule 9.2.2 and replacement Liens on the property subject to such Liens, but only to the extent that the amount of debt secured thereby, and the property secured thereby, shall not be increased; and (n) Liens in favor of Borrower in respect of its consignment interests encumbering its Consigned Inventory (as defined in the Revolver Loan Agreement).