Common use of Development Management Fee Clause in Contracts

Development Management Fee. Feld shall receive a developmen▇ ▇▇nagement fee equal to $2,000 per unit. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.

Appears in 1 contract

Sources: Operating Agreement (Wellsford Real Properties Inc)

Development Management Fee. Feld shall receive a developmen▇ ▇▇nagement development management fee equal to $2,000 1,000 per unit. ▇▇▇t. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.

Appears in 1 contract

Sources: Operating Agreement (Wellsford Residential Property Trust)

Development Management Fee. Feld shall receive a developmen▇ development management fee ▇▇nagement fee equal ▇▇l to $2,000 1,500 per unit. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.

Appears in 1 contract

Sources: Operating Agreement (Wellsford Real Properties Inc)

Development Management Fee. Feld shall receive a developmen▇ ▇▇nagement fee equal to $2,000 1,000 per unit. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.

Appears in 1 contract

Sources: Operating Agreement (Wellsford Real Properties Inc)