Pre-Development Costs definition

Pre-Development Costs is defined in the School Unit Purchase Agreement.

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Pre-Development Costs means the element of Development Costs potentially reimbursed by the Council pursuant to Clause 3.3 in respect of those costs and expenses and liabilities set out in Clause 3.3(a) up to a maximum of £9,150,000 and in respect of those costs expenses and liabilities set out in Clause 3.3(b) up to a maximum of £1,200,000;

Pre-Development Costs means all appropriate and necessary costs and monies expended by or on behalf of the Tribe to develop a Gaming Facility that may be opened to the public for the purpose of Gaming. Pre-Development Costs include expenditures for representatives of the Tribe to negotiate with the State of California and its governmental subdivisions, including San Diego County, CALTRANS, the BIA, the NIGC and other federal and state governmental entities and any expenditures necessary to make good faith efforts to mitigate any and all such significant adverse off-reservation impacts of the Gaming Facility. Pre-Development Costs shall also include the costs of litigation related to the efforts to obtain authorization for (and shall include all negotiations and costs of litigation related to obtaining and maintaining) legal and safe access to the Gaming Facility Site, and any and all items included within any Pre-Development Plan or Pre-Development Budget.

Examples of Pre-Development Costs in a sentence

Such Pre-Development Costs shall not be considered a loan or Capital Contribution to the Company by Campus Crest or its Affiliates for any purpose hereunder, and neither Campus Crest nor its Affiliates shall be entitled to reimbursement of such amounts unless and until (i) HSRE has Approved such Development Project and (ii) all Funding Conditions for such Development Project have been satisfied.
No later than the execution of this Agreement, CNL and Crescent shall contribute their pro rata shares (based upon their respective Percentage Interests) of all amounts payable by the Company at the Property Closing and the Loan Closing, including amounts necessary to reimburse Crescent or Developer for its Pre-Development Costs.
The Pre-Development Costs or Pre-Acquisition Costs incurred by Campus Crest and its Affiliates in connection with the acquisition or development of a Property, each as set forth in the applicable Acquisition or Development Budget Approved by HSRE.
In the event the Funding Conditions are met, the Pre-Development Costs funded by HSRE and Campus Crest shall be trued up at closing of the construction loan for the Development Project, so that HSRE and Campus Crest each fund such Pre-Development Costs in accordance with their respective Participating Percentages.
Pre-Development Costs incurred prior to the Termination Date shall be allocated between BE and CDOT based on the Pro-Rata Construction Cost Calculation, provided that BE and CDOT may agree to a different cost sharing allocation at any time prior to the Enterprises issuing a Termination Notice under the terms of the C-70 Project Agreement.

More Definitions of Pre-Development Costs

Pre-Development Costs means the cost of developing the Site for the location, construction and operation of a Tower Facility upon the Site and shall include without limitation, the cost of the site acquisition services, phase 1 environmental assessments, geotechnical analyses, title reports, title opinions, title commitments and title insurance, designs, Plans and Specifications, construction plans, the cost incurred in obtaining grants of easements, supplies, relevant travel expenses, fees or assessments imposed by local, state or federal governmental entities, recording fees and filing fees, fees of engineers, surveyors, architects, attorneys, brokerage commissions and others providing professional services.

Pre-Development Costs means reasonable costs actually incurred and paid and

Pre-Development Costs means third-party costs attributable to costs incurred in connection with the pre-development of the Project and expenses in connection with the application for the LIHTC, where applicable, provided for in the approved predevelopment budget attached hereto as Exhibit J, as it may be amended, or in any subsequent predevelopment budget agreed to by the parties, which, however, shall reflect a sharing of the costs in the following manner: 75% to the Developer 25% to the Authority.

Pre-Development Costs means reasonable costs actually incurred and paid and directly related to the development, Entitlement, acquisition and implementation of the Project incurred by Developer between the execution of the Exclusive Negotiating Agreement between Authority and Developer and the Initial Closing, including architectural, engineering, environmental, consultant, community outreach, legal and other professional fees; real property taxes and assessments; insurance expenses; title and survey, sales and marketing expenses; project management costs, security and site maintenance; fees and charges for bonds and permits; and City cost reimbursements. The following shall not constitute “Pre-Development Costs”: (1) Repayment of the principal, fees and interest of any loan or other expense that is not also a Permissible Financing Cost; or (2) distributions, preferred return or other capital return to the members of the Developer. Pre-Development Costs also include a compound return on all such costs equal to 20% per annum.

Pre-Development Costs means actual cash expenditures incurred by Developer, or by MMPI on behalf of Developer, and paid to third parties in connection with planning, design, construction, furnishing, equipping and development of the Project, or otherwise for the purpose of furthering the Project and meeting the goals of the Development Agreement and the transaction contemplated thereby, prior to the start of construction, including evaluation of alternative sites for the Site, presentations to public officials regarding the Project, preliminary cost estimating and Project sizing, engineering studies and Environmental Reports, due diligence and Inspections, preparation of Design Documents, negotiation and preparation of construction, engineering, architectural and other consultants' contracts, and negotiation and preparation of the Purchase and Sale Agreement. Pre-Development Costs do not include any expenses that are classified as Reimbursable Expenses or Non-Reimbursable Expenses.

Pre-Development Costs means School Base Building Soft Costs incurred prior to the Catch-Up Requisition.

Pre-Development Costs means all costs and expenses associated with (a) identifying and acquiring the Project (including without limitation travel expenses and the purchase price for land and any improvements thereon), (b) conducting any inspections or studies (including without limitation market and feasibility studies and environmental, soil and other engineering investigations and studies) prior to development of the Project, (c) obtaining governmental approvals, and (d) preparation of preliminary site development studies and preliminary construction cost estimates.