Developer Fee. Pay any developer fee to Borrower or any Affiliate of Borrower for any Approved Project unless such payment of a developer fee is in accordance with the applicable Operating Budget for such Approved Project; provided that any such developer fee shall be reduced in the amount of any cost overrun incurred with respect to such Approved Project.
Appears in 2 contracts
Sources: Assumption, Ratification and Modification Agreement (Energea Portfolio 2 LLC), Credit Agreement (Energea Portfolio 2 LLC)