Examples of Deferred Development Fee in a sentence
The Authority will require a Deferred Development Fee Agreement, satisfactory to the Authority in its sole discretion evidencing the principal amount and terms of interest and repayment of any deferred repayment obligation be submitted at the time of final cost certification.
Of the $212,428 Deferred Development Fee payable at December 31, 20YY, $90,000 can be paid on a priority basis.
The Partnership shall use the increase in the Fourth Capital Contribution (A) first to pay Development Costs (other than Deferred Development Fee and Operating Deficits), (B) until the Deferred Development Fee is paid in full, 90% to the Deferred Development Fee and 10% to AHF as a distribution and (C) then, distributed as Net Cash Flow pursuant to Section 9.1(a) of this Agreement.
For example, application note 4 of §2A3.3 currently directs courts not to apply an adjustment for Abuse of Position of Trust or Use of a Special Skill.
The County shall receive fifty percent (50%) of Excess Proceeds which constitute the cost savings to reduce the principal of the Consolidated CDBG/AHIF Loan and the remaining fifty percent (50%) shall be remitted to the Borrower and the Borrower shall apply one hundred percent (100%) of the remitted Excess Proceeds toward the payment of AHC’s Deferred Development Fee.