Soft Costs. The costs of design, engineering, legal, accounting, interest, construction loan charges, title company charges and real estate taxes accrued during the construction period as set forth in the Development Budget and any other costs designated as “soft costs” in the Development Budget, including, without limitation, projected operating deficit amounts through the Completion Date, and which shall include reasonable costs incurred by HSRE to engage legal counsel to review and approve actions undertaken by Campus Crest, evaluate and advise HSRE with respect to Company matters relating to a Development Project, evaluating approvals requested by Campus Crest and otherwise performing services for the Company upon Campus Crest’s prior approval and further provided that any costs incurred by either Member related to engaging counsel in connection with a dispute between the Members shall not be Soft Costs.
Soft Costs. The particular amounts which may be disbursed for each of the categories set forth in PARAGRAPHS (a) through (e) above are set forth in the Budget for the Project. Amounts in the Budget which are not listed in any of the categories set forth in PARAGRAPHS (a) through (e) above shall not be Qualified Project Expenditures and proceeds of the Loan may not be disbursed for any such costs.
Soft Costs. Costs related to a Project other than Construction Cost including Consultant Basic Services, Additional Services, Work Site Services, survey, testing, laboratory services, general consultant, finance, permitting fees, etc.
Soft Costs. In the case of advances to pay the costs included in the Construction Budget that are not among the costs described in the preceding paragraph, Lender shall have received such evidence as it may require that such costs have been properly incurred and are due and payable.
Soft Costs. The Builder’s Risk Insurance shall provide compensation for expenditures that are necessarily incurred due to a delay in the completion of the Project caused by or resulting from an insured loss. “Soft costs” endorsement shall cover all damages identified both in the Contract and the Performance Bond.
Soft Costs. Up to fifteen percent (15%) of the Commitment, i.e., Three Hundred Seventy Five Thousand Dollars ($375,000) in aggregate amount, may be used to finance Soft Costs.
Soft Costs. Lender shall have received written documentation which satisfactorily accounts to Lender for the expenditure of funds allocated to the payment of any "soft" costs set forth on the Phase 2 Cost Certificate.
Soft Costs. The Developer will pay for soft costs (estimated to be valued at approximately $400,000), including permitting, and fees for architects, engineers, construction management and other professional labor, associated with portions of the Beachwalk located between 00xx Xxxxxx to 34th Street, and 00xx Xxxxxx to 00xx Xxxxxx. Soft Costs shall not be considered in the calculation of the Developer's Maximum Contribution. C.
Soft Costs. Amounts payable by Contractor to third parties for development approvals and building permits, costs of insurance and bonds (unless Exhibit B-1 to the Agreement allocates such costs to a different category), consulting fees, and other fees, taxes, and assessments related to the Work and payable to governmental authorities for which Contractor is liable.
Soft Costs. For covered property consisting of new buildings, additions or alterations in the course of construction only, we will pay for reasonable and necessary Soft Costs incurred by you during the period of delay in completion if such property sustains direct physical loss or damage by a Covered Cause of Loss.
