Common use of Development Fee Payments Clause in Contracts

Development Fee Payments. The Owner shall pay the Developer the Development Fee in accordance with Section 9.2(b) of the Partnership Agreement. If the Development Fee is not paid in full in accordance with Section 9.2(b) of the Partnership Agreement, then the Development Fee shall be paid from available Net Operating Income in accordance with the terms of Section 11.1 of the Partnership Agreement, but in no event later than December 21, 2009.

Development Fee Payments. The Owner shall pay the Developer the Development Fee in accordance with Section 9.2(b) of the Partnership Agreement. If the Development Fee is not paid in full in accordance with Section 9.2(b9.2 (b) of the Partnership Agreement, then the Development Fee shall be paid from available Net Operating Income in accordance with the terms of Section 11.1 of the Partnership Agreement, but in no event later than December 2131, 2009.