Development Management Fee definition

Development Management Fee means the development management fee payable to the Manager which is determined in accordance with Clause 15.6;

Development Management Fee has the meaning specified in Section 5.1(c)(i).

Development Management Fee is defined in Section 7.10.

Examples of Development Management Fee in a sentence

• The Development Management Fee shall be paid as follows (i) twenty-five percent (25%) upon the commencement of construction of the Public Parking Garage, and (ii) the remaining seventy-five percent (75%) in equal monthly payments over the term of the Parking Garage Project, as reflected in the Project Construction Schedule and as adjusted to take into account any change orders or other modifications to the Approved Project Budget.

• As compensation for Development Manager's services rendered in connection with the Parking Garage Project, DSA shall pay to Development Manager a "Development Management Fee" in the amount of four percent (4%) of the total hard and soft costs incurred with respect to the Parking Garage Project.

• Anything to the contrary in this Agreement notwithstanding, if this Agreement is terminated for any reason prior to the Final Project Completion, the amount of the Development Management Fee to be paid hereunder shall be reduced to an amount equal to the portion of the Development Management Fee actually earned by Development Manager through such date of termination of this Agreement and such amount shall constitute payment in full of the Development Management Fee required hereunder.

• Progress Construction Payment Applications shall reflect retainage in the amount of five percent (5%) of the Development Management Fee and ten percent (10%) of the Offsite Costs, Direct Costs and Construction Management Fee.

• For the BTS Transaction, the Trustee and the Manager’s independent directors have reviewed and approved the Development Management Fee of S$1.80 million (being 1.0% of the Total Project Cost, less fees payable to the Manager).

More Definitions of Development Management Fee

Development Management Fee means a development management fee as set out in the Project Cash Flow but which over the course of the Development the average fee shall not exceed a sum equivalent to 2.6 per cent of total Development Costs, such fee being due to the Developer quarterly in arrears for so long as Development Costs are incurred;

Development Management Fee shall have the meaning set forth in Section 4.10.

Development Management Fee means development management fees for Development Projects undertaken and managed by the Manager on behalf of CIT.

Development Management Fee means a fee received by the Partnership, as appropriate and when underwriting allows, at the close of any future significant financing event when such financing includes significant rehabilitation, construction or development work. The initial Development Management Fee will be $1,500,000.

Development Management Fee means the fee payable to KSM pursuant to Section 5 of this Agreement. This fee includes all incidental and travel expenses for KSM corporate and regional employees.

Development Management Fee means a fee received by the Partnership, as appropriate and when underwriting allows, at the close of any future significant financing event when such financing includes significant rehabilitation, construction or development work. The initial Development Management Fee will be approximately $1,500,000, less any transfer taxes and recording fees paid in connection with the Purchase Agreement.

Development Management Fee means a fee payable to the Property Advisor in accordance with a Development Management