Common use of Payments to the General Partners and Others Clause in Contracts

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 2 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

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Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer fees and the Partnership on the even date hereofhigh cost adjustment, which is approximately $200,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds from the Capital Contribution described in accordance with Section 9.2(b) of paragraph 7.2 (b)(c)of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 2 contracts

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof133,553. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 319,907 in accordance with the Amended Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Amended Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer Developer, a Development Fee Fee, including Developers overhead, in the amount of $200,000 in accordance with 155,000. Not withstanding anything to the contrary contained herein, $38,750 of the Development Fee Agreement entered into by and between shall be paid upon the Developer and the Partnership on the even date hereofexecution of this Agreement. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of approximately $200,000 361,942 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 975,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 539,308 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 142,580 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 475,500 in accordance with the Development Fee Services Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Services Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid 231,000 from funds available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid available then in full then the balance of accordance with the Development Fee will be paid in accordance with Section 11.1 of this AgreementAgreement between the Partnership and the Developer.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof279,756. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof300,700. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof1,350,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 124,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 408,500 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 31,163 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 240,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b9.2 (b) of this Agreement agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof266,884. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer fees and the Partnership on the even date hereofhigh cost adjustment, which is approximately $140,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds from the Capital Contribution described in accordance with Section 9.2(b) of paragraph 7.2 (b)(c)of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 95,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 209,124 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 50,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: WNC Housing Tax Credit Fund Vi Lp Series 5

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 59,458 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 425,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer fees and the Partnership on the even date hereofhigh cost adjustment, which is approximately $60,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds from the Capital Contribution described in accordance with Section 9.2(b) of paragraph 7.2 (b)(c)of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 551,230 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 317,816 in accordance with the Amended Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Amended Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 475,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 228,344 in accordance with the Amended Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Amended Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof689,212.00. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds referenced in accordance with Section 9.2(b) of this Agreement and if not paid in full full, then the balance of the Development Fee will be paid in accordance with Section 11.1 of this the Development Fee Agreement.

Appears in 1 contract

Samples: Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 314,319 in accordance with the Amended Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Amended Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 172,195 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer Developer, a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof339,924. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 263,501in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 159,544 in accordance with the Development Fee Amended Turnkey Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Amended Turnkey Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof155,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 299,695 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Amended and Restated Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds 245,610 in accordance with Section 9.2(b) of this Agreement and if not paid available then in full then the balance of accordance with the Development Fee will be paid in accordance with Section 11.1 of this AgreementAgreement between the Partnership and the Developer.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer Developer, a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof125,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this the Development Fee Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund v Lp Series 4)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 106,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 160,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 586,600 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 123,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: WNC Housing Tax Credit Fund Vi Lp Series 9

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 153,250 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b9.2 (b) of this Agreement agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 168,498 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer Developer, a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof150,000. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this the Development Fee Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund v Lp Series 4)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with 291,329 pursuant to the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and and, if not paid in full full, then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 250,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 Article XI of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 250,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds 180,000 in accordance with Section 9.2(b) of this Agreement and if not paid available then in full then the balance of accordance with the Development Fee will be paid in accordance with Section 11.1 of this AgreementAgreement between the Partnership and the Developer.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 340,402 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 605,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 400,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 343,232 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 225,077 in accordance with the Amended Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Amended Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 360,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 375,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereofherewith. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 167,153 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof261,150. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds the funds, and priority, established in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid to the extent permitted in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 330,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 170,930 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 513,418 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 390,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 555,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 574,000 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Development Fee Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Payments to the General Partners and Others. (a) The Partnership shall pay to the Developer a Development Fee in the amount of $200,000 47,986 in accordance with the Development Fee Agreement entered into by and between the Developer and the Partnership on the even date hereof. The Development Fee Agreement provides, in part, that the Development Fee shall first be paid from available proceeds in accordance with Section 9.2(b) of this Agreement and if not paid in full then the balance of the Development Fee will be paid in accordance with Section 11.1 of this Agreement.

Appears in 1 contract

Samples: Certification and Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)

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