Cost of development. 2.3 PEBC will review development request and, if acceptable, authorize Contractor to proceed with development.
Cost of development. Except as otherwise set forth herein, the Developer shall pay the cost of constructing and developing the Vertical Improvements and Infrastructure Improvements.
Cost of development. The Development of the Property shall be paid with the proceeds of the City Loan and Authority Loan. The Developer shall be responsible for any additional funds necessary to complete the Development of the Property; provided, however, that in the event that there are insufficient Loan proceeds available to fund such work, the City and Authority shall reasonably consider deleting certain work from the Scope of Work, and the Developer shall accelerate payment of all or a portion of the Developer Fee, in order to assure that there are sufficient funds for the Development.
Cost of development. If at any time prior to the Approval Date, Arius reasonably determines, in its sole discretion, that its anticipated aggregate costs and expenses related to the pursuit of regulatory approval from FDA for the sale and marketing of the Product in the Territory shall exceed $[*], Arius shall notify TEAMM in writing and inform TEAMM of the estimated amounts reasonably required to be spent in excess of $[*]. Upon such notice, TEAMM shall have a thirty (30) day option, in its sole discretion and subject to Arius’ option to pay any such excess amounts out of its own funds, to (i) agree to provide additional funding sufficient to reimburse Arius for all such costs in excess of $[*], in which Arius shall credit TEAMM 50% of the excess in the form of a credit on royalties., with this agreement remaining in effect, provided that TEAMM reimburses Arius for such costs, or (ii) terminate this Agreement and, as its sole remedy, have a warrant for the purchase of shares of Arius’ common stock issued to TEAMM pursuant to Section 2.3 below. Upon the expiration of such thirty (30) day option period, this Agreement shall terminate and, as TEAMM’s sole remedy therefore, a warrant for the purchase of shares of Arius’ common stock shall be issued to TEAMM pursuant to Section 2.3 below
Cost of development. With the exception of the City Loan, all costs for acquiring the Site, and planning, designing, and constructing the Project, including but not limited to all development and building fees, Site remediation (if any), demolition, grading and preparation costs, off-site and on-site construction and improvement costs shall be borne exclusively by Developer. Developer shall also bear all costs related to discharging the duties of Developer set forth in this Agreement.
Cost of development. Activeworlds shall develop and host Nettaxi ---------------------- World and shall develop the Nettaxi Coded Browser at no cost to Nettaxi.
Cost of development. In consideration of such design and development services hereunder, Inrange agrees to pay Ancor $* in development fees for the first three (3) Boards listed on Exhibit 3, payable as follows: $* or each of the three (3) Boards upon each of the following events: (1) start of the functional requirements document therefor, (2) completion of the Beta Level design of the applicable Board as agreed by Inrange, such agreement not to be unreasonably withheld, and (3) final release by Inrange of the applicable Board. Inrange also agrees to pay Ancor for development of the Internet Protocol or Tunneling Board for Inrange's broadband products at a rate of $* per staff month (i.e., 180 hours), not to exceed $* Ancor's responsibility in providing assistance is limited to the Fibre Channel portion of the Board and layout, and does not include changes to the ASICs for this Board. Such payments shall be non-creditable and non-refundable.
Cost of development. Except as expressly set forth in the applicable SOW, the Parties shall each be responsible for their own costs and expenses related to the development and/or modification of the Licensed Products.
Cost of development. With the exception of the Agency Loan that the Agency has agreed to provide Developer hereunder to assist Developer with the costs to construct the Housing Development all Project Costs shall be borne exclusively by the Developer. The Developer shall also bear all costs related to discharging the duties of the Developer set forth in this Agreement. The Developer shall be responsible for all fees associated with development of the Project, including, but not limited to, school facilities fees and development impact fees. Notwithstanding anything herein to the contrary, no Agency Loan proceeds shall be used to fund the construction of the Public Improvements. Developer shall fund the construction of such improvements with funds received from other Project Financing funding sources. The Public Improvements shall be constructed pursuant to the Public Improvements Contract, which shall be separate and distinct from the Construction Contract.
Cost of development. Buyer shall bear all costs and expenses incurred in connection with the construction and maintenance of all Improvements, including, without limitation, all costs incurred in connection with the investigation, acquisition and preparation of the Property for development, all off-site improvements, building and developer fees, and all costs of investigation, acquisition and/or preparation of any project documents or other submissions made by Buyer pursuant to this Agreement.
