Common use of Construction Proforma Clause in Contracts

Construction Proforma. Attached hereto as Exhibit "B" and incorporated herein by this reference is the Construction Proforma. If the construction costs exceed the sum of the Capital Contributions, the proceeds of the Mortgage and the Development Fee then the General Partner shall be responsible for and shall be obligated to pay such deficiencies.

Appears in 8 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

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Construction Proforma. Attached hereto as Exhibit "B" and incorporated herein by this reference is the Construction Proforma. If the construction costs exceed the sum of the Capital Contributions, the proceeds of the Mortgage and the Development Fee then the General Partner shall be responsible for and shall be obligated to pay such deficienciesdeficiencies as and to the extent provided in the Partnership Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

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