Common use of Program Administration Costs Clause in Contracts

Program Administration Costs. Property Owner acknowledges that upon the execution of this Capital Provider Agreement, Capital Provider shall pay Program Administrator a processing fee equal to one percent (1.00%) percent of the P R O P E R T Y FIT Financing Amount (the “P R O P E R T Y FIT Processing Fee”) for Program Administrator’s duties and services provided pursuant to this Property Owner Agreement, including but not limited to determining the Qualified Real Property and Property Owner’s eligibility to participate in the P R O P E R T Y FIT Program and the recording of the Benefit Assessment Lien. Additionally, the Capital Provider shall pay Program Administrator an on-going Program Administration Fee as outlined in Section 2.6.d. hereof.

Program Administration Costs. Property Owner acknowledges that upon the execution of this Capital Provider Agreement, Capital Provider shall pay Program Administrator a processing fee equal to one percent (1.00( %) percent of the P R O P E R T RO PE RT Y FIT F IT Financing Amount (the “P R O P E R T RO PE RT Y FIT F IT Processing Fee”) for Program Administrator’s duties and services provided pursuant to this Property Owner Agreement, including but not limited to determining the Qualified Real Property and Property Owner’s eligibility to participate in the P R O P E R T RO PE RT Y FIT F IT Program and the recording filing of the Benefit Assessment Lien. Additionally, the Capital Provider shall pay Program Administrator an on-going Program Administration Fee as outlined in Section 2.6.d. hereof.