Payments by Developer Sample Clauses

Payments by Developer. 6.1 Franchise Agreements for Each ‘Shri Cane Fresh’ Outlets: Notwithstanding the terms of Company’s Area Development, the Developer shall execute a separate Franchising Agreement pursuant to this Agreement for each “Shri Cane Fresh” fresh cane juice outlet opened in the Development Area, and the definition of “Gross Sales” set forth herein shall apply to all Franchise Agreements executed by Developer notwithstanding any inconsistent definition in such Franchise Agreements.

Payments by Developer. 15.1 The Developer shall pay to the City all amounts actually expended by the City to cover any costs and expenses incurred by the City in the administration of this Agreement, including attorneys' fees for the preparation hereof. The Developer has the right to request an estimate of the costs to be incurred by the City for various consultants used by the City in the performance of this Agreement. The Developer shall request such estimates in writing directly from the City Administrator. The City is not bound by the estimates. 15.2 The City shall ▇▇▇▇ the Developer for such costs, supported by detailed invoices from any consultants, and the Developer agrees to pay such costs within thirty (30) days after receipt of each ▇▇▇▇ by the City.

Payments by Developer. Item 2.1: Removed the first sentence of Item 2.1 removing the requirement for the Net Area of a development to be 2.0 ha or greater in order to qualify for 75% deferral of Off-site Levies for one year.

Payments by Developer. Pursuant to Section 1.5 of the ENRA, the City agreed to use the Reimbursement Deposit for the first Forty Thousand Dollars ($40,000) of City Costs, subject to replenishment requirements under Section

Payments by Developer. .1 The Developer shall pay in full to The City on or before the date of this Agreement, the Development Levies/Charges/Costs listed under Developer Costs in Appendix A- Part One – Item 1.3 “Net Cost Payable by Developer”. .2 Notwithstanding Clause 3.4.1, the Developer may defer part of the Off-site Levy payment as follows: .1 The Developer may elect to pay 25% of the Off-site ▇▇▇▇ on execution of this Agreement, and the remaining 75% before the expiry of one year from the date of this Agreement. Where the deferred payment option is chosen, the Developer agrees to pay interest on the outstanding balance at the current Alberta Capital Finance Authority (ACFA) 3 year rate plus 0.50%. .3 The Developer shall pay the EL&P Costs as detailed in Clause 3.7 .4 The Developer may elect to pay 50% of the estimated cost of Work by City on Behalf of Developer on or before the execution of this Agreement. The final payment will be based on the actual cost of construction, plus a 10% fee to cover overhead, less the amount paid on signing this Agreement. Final payment will be invoiced when the work is substantially complete. .5 The Developer agrees to provide security for deferred payments as outlined in Clause 5.3 of this Agreement. .6 Invoices will be issued by The City for deferred payments. These amounts are subject to, and the Developer agrees to pay, a 1 ½ % per month interest penalty if not paid to The City within 30 days of the date they become due. .7 Where, as a result of a delay by the Developer, The City (Environmental Services) is required to construct services at a time other than the time for which work was originally scheduled, and such work is done or expected to be done under frozen ground conditions or the delay is longer than three months, then The City, with prior notice to and approval of the Developer, shall be entitled to charge, and the Developer agrees to pay to The City, on demand any increased costs incurred or estimated to be incurred by The City to complete such construction. .8 The Developer agrees that once the legal subdivision plan has been released for registration in the Land Titles Office, there will be no refund of monies paid to The City by the Developer, should the Developer fail to proceed with the approved Development, and The City shall be entitled to apply such funds to damages and not as penalty or forfeiture.

Payments by Developer. The Developer hereby appoints GSPM, and GSPM hereby agrees, to carry out the Developer's Fit Out Works for the Developer. GSPM shall invoice the Developer on 1 April 1998, 1 July 1998 and 1 October 1998 in respect of the Developer's Fit Out Works, each such invoice to be a proper VAT invoice addressed to the Developer for the sum of pound 1,137,917 on each occasion, and the Developer shall pay the invoiced amount to GSPM within 1 week of receipt of the relevant invoice.

Payments by Developer