Project Amount definition
Project Amount means the absolute and maximum amount to be paid by the City to Contractor for the provision of Services, not to exceed Two Hundred Thousand Dollars ($200,000.00). At no time shall the City be charged, or be liable for, any amount in excess of Two Hundred Thousand Dollars ($200,000.00).
Project Amount means the total estimated cost for all work for the Construction Project, as estimated at the time of the DOT’s issuance of the PAL.
Project Amount means a portion (or percentage) of the City’s Project Budget to be paid by the City to Contractor for Worksites designated to Contractor that are completed by Contractor to the satisfaction of the City Manager or his designee. The Project Amount shall be in writing and approved by the Parties’ authorized representatives, prior to the provision of Services on any Worksite.
Examples of Project Amount in a sentence
Contractor agrees to be responsible for any amount in excess of the Project Amount.
Failure to obtain any required approval because of failure of the Contractor to conform to the Contract Documents shall not extend the Term of Agreement, and the Contractor shall not be entitled to an increase in the Project Amount.
The Project Amount and the Substantial Completion date may be adjusted accordingly upon executed amendments.
Failure to clean Worksite as provided herein may cause the City to do so, and the cost thereof shall be charged to the Project Amount.
Any increases to the Project Amount shall be in writing and approved by the Parties’ authorized representatives.
More Definitions of Project Amount
Project Amount means Lessor's investment in the Leased Property deemed to be $7,799,958.00.
Project Amount means the total estimated cost to complete the Rights of Way Project, as estimated at the time of the CTDOT’s issuance of the PAL.
Project Amount has the meaning set forth in Section 2.1(a).
Project Amount means the total estimated cost for all work for the Design Project, as estimated at the time of the DOT’s issuance of the PAL.
Project Amount means the amount set out in Item 4 of the Project Schedule; ‘Project Schedule’ means the document entitled Project Schedule and contained in Annexure ’B’;
Project Amount means the total amount funded or to be funded for the acquisition of the Land and the Personal Property and the development and construction of the Facility and the other Leased Improvements by Lessor pursuant to that certain Building and Term Loan Agreement of even date herewith (the "Loan Agreement") between Capstone Capital Corporation (the "Lender") and Lessor, as borrower, in the amount of $7,670,000 ("Loan Amount"). The Loan Amount was based on a projected budget, a copy of which has been previously furnished Lessee. Lessor agrees to provide Lessee copies of all change orders in connection with the construction of the Facility. The obligation of Lessee to commence rental payments in connection with this section will be secured by an irrevocable letter of credit in favor of the Lender in the amount of $383,500.00.
Project Amount means Two Million Seventy Thousand Three Hundred Fifty-Six Dollars ($2,070,356).