Development Cost definition

Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

Development Cost means the cost of purchasing and developing the sites in- cluding engineering and legal fees, streets, roads, utilities, minimum es- sential administrative costs, necessary equipment and estimated interest which the borrower cannot pay from other sources.

Development Cost means, with respect to any Development Property, the undepreciated “book value” of such Development Property.

Examples of Development Cost in a sentence

• However, the total of all Acquisition Fees and Acquisition Expenses payable with respect to any Real Property or Real Properties shall not exceed 6% of the Contract Purchase Price or the Total Development Cost (as applicable) of such Real Property or Real Properties unless fees in excess of such amount are approved by a majority of the Directors not interested in such transaction and by a majority of the Independent Directors not interested in such transaction.

• The total Acquisition Fees paid to the Advisor or its Affiliates shall not exceed (i) 2.0% of the Contract Purchase Price of Real Properties acquired directly or indirectly by the Company for the first $500,000,000 of Real Properties acquired, and 1.0% thereafter, and (ii) 4.0% of the Total Development Cost of Real Properties developed by or on behalf of the Company for services provided by the Advisor, its Affiliates, or sub-contractors thereof.

• The total Real Estate Commission paid to the Advisor or its Affiliates for services provided by the Advisor, its Affiliates or sub-contractors thereof shall not exceed (i) three percent (3%) of the Contract Purchase Price of a Property acquired directly or indirectly by the Company, and (ii) four percent (4%) of the Total Development Cost of Properties developed by or on behalf of the Company.

• However, the total of all Real Estate Commissions and Acquisition Expenses payable with respect to any Properties shall not exceed six percent (6%) of the Contract Purchase Price or the Total Development Cost (as applicable) of such Properties unless fees in excess of such amount are approved by a majority of the Board of Directors, including a majority of the Independent Directors.

• All salaries, wages, compensation and benefits paid or payable to any employees and/ or independent contractors of Tenant shall be borne solely by Tenant and shall not be borne by Landlord, provided such costs shall be reimbursable to Tenant as a Budgeted Development Cost to the extent the same is included in the Development Plan and Budget, subject to the terms and conditions of this Agreement.

More Definitions of Development Cost

Development Cost means with respect to any Proprietary Rights (and any other rights to produce or sell products) to be acquired from an Affiliate of the Issuer, all costs of Affiliates of the Issuer to develop such Proprietary Rights (and any other rights to produce or sell products) from initiation of their development to their sale or transfer to the Issuer or any Subsidiary Guarantor, including the cost of acquiring such Proprietary Rights (and other rights to produce or sell such products), allocated personnel costs, third party development services, third party bio-study costs, pre-market manufacturing, outside legal expenses and allocated research and development overhead expenses, in each case as such costs are reflected (or are allowed to be reflected) in the financial statements of the Issuer or its Affiliates in accordance with IFRS;

Development Cost means the total of all costs incurred in the completion of a Development

Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, acquisition cost of existing developments, and total land cost shown in the Development Cost line item on the development cost pro forma within the Application.

Development Cost means all costs incurred to construct the Unit, excluding the cost of the land.

Development Cost means, for all studies or activities performed in accordance with a Development Plan for the Development of Product, (a) all out-of-pocket costs and expenses incurred (i.e., paid to Third Parties or accrued and payable to Third Parties) by USL or Orion or their Affiliates, (b) the Party Internal Development Cost of such studies or activities, and (c) the Clinical Supply Cost of such studies or activities. Notwithstanding the foregoing, Development Costs shall not include any costs or expenses incurred in connection with manufacturing process development and validation, manufacturing scale-up, stability testing, or quality assurance/quality control development for the Product. Without limiting the foregoing, among the costs excluded from the definition of “Development Costs” are the following (which shall be borne by Orion): (1) the costs for manufacture of three (3) NDA lots of each strength or dosage of the Product; and (2) the costs for validation, stability testing, and quality assurance and quality control development for the Product

Development Cost means the sum total of reasonable or necessary costs incidental to the provision, acquisition, construction, reconstruction, rehabilitation, repair, alteration, improvement, and extension of a residential development. The term includes:

Development Cost means expenses and costs incurred by either Party during Development of a Candidate Drug, the Product or any Combination Product until the First Commercial Sale of the Product or any Combination Product anywhere in the world.