Developer Fees definition

Developer Fees has the meaning set forth in Section 15.1.

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Developer Fees means those monetary fees, exactions, or impositions, other than taxes, whether established for or imposed upon the Project individually or as part of a class of projects, that are established, adopted, or imposed by City on the Project in connection with any Project Approval for the Project for any purpose, including, without limitation, defraying all or a portion of the cost of public services and/or facilities construction, improvement, operation and maintenance attributable to the burden created by the Project. Any fee, exaction or imposition imposed on the Project which is not a Processing Fee is a Developer Fee. Such fees may include impact fees, linkage fees, exactions, assessments, fair share charges, or other similar impact fees imposed by City on or in connection with new development. Developer Fees do not mean or include Processing Fees.

Developer Fees has the meaning assigned to such term in the Developer Agreement.

Examples of Developer Fees in a sentence

• When this Agreement terminates, JetBrains may withhold all Developer Fees due for a period of sixty (60) days from the date they would otherwise be payable, in order to ensure JetBrains’ ability to offset any Customer, JetBrains Reseller, or third party paying on their behalf refunds or make any other offsets to which JetBrains is entitled.

• The Project, including the Affordable Housing Units, and the Property, shall not be subject to any Developer Fees.

• Developer Financing Proposed (Subject to change prior to closing) • Historic Tax Credits • Senior Loan • CRDA • Developer Equity • BSPRA (Deferred Developer Fees) Closing Contingencies • Receipt by Developer of all Permits and Approvals.

• When this Agreement terminates, JetBrains may withhold all Developer Fees due for a period of sixty (60) days from the date they would otherwise be payable, in order to ensure JetBrains' ability to offset any Customer, JetBrains Reseller, or third party paying on their behalf refunds or make any other offsets to which JetBrains is entitled.

• Deferred Developer Fees shall not be payable from OCII’s Surplus Cash at any time.

More Definitions of Developer Fees

Developer Fees shall have the meaning set forth in Section XII(K), and include without limitation Fire Development Fees, Police Development Fees, Park Development Fees, Library Development Fees, School Development Fees, and Road Development Fees.

Developer Fees means the fee earned by the Developer of a Development. Developer Fees include Developer overhead, Developer profit, and the contingency reserve. Developer Fees are not included in the calculation of Total Development Costs. For new construction Developments, Developer fees shall be limited to 20 percent of Total Development Costs, excluding land costs and any reserves required by lenders. For acquisition and rehabilitation Developments, Such fee Developer fees shall be limited to 16 15 percent of Total Development Costs excluding land and building acquisition costs. A Developer Fee on the building acquisition cost shall be limited to 4% of the cost of the building(s) exclusive of land cost. Consulting fees, if any, must be paid out of the Developer Fee. Consulting fees include, for example, payments for Application consultants, construction management or supervision, or local government consultants. Fees for the Applicant’s attorney(s) which are in excess of an amount equal to the greater of $40,000 or 0.75% of the total amount of the Bonds must also be paid out of the Developer Fee. Fees for services provided by architects, accountants, appraisers, engineers or Financial Advisors may be included as part of the Total Development Costs, except those fees for a Financial Advisor that are in excess of $10,000 must be paid out of the Developer Fee before Developer overhead, profit and acquisition costs, and any reserves required by lenders, plus five percent of total acquisition costs. For the purpose of the HUD Risk Sharing Program, if there exists an Identity of Interest relationship as defined herein between the Applicant,

Developer Fees has the meaning set forth in Paragraph 3(a).

Developer Fees has the meaning set forth in Section 4.01(a).

Developer Fees shall have the meaning set forth in Article XII.E. “Development Rights” shall mean the rights of the Owner or Developers to undertake or engage in the Development of all or any portion of the Property in accordance with the Zoning Regulations and this Agreement.

Developer Fees shall have the meaning provided in section 2.2(b).

Developer Fees. Any developer fee awarded in connection with any Project will be allocated proportionately between the Parties, with [SENIOR PARTNER] receiving [X%] and [JUNIOR PARTNER] receiving [X%].