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 is defined in the School Unit Purchase Agreement.
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.
Examples of Pre-Development Costs in a sentence
The Parties entered into that certain Central 70 Project Intra-Agency Agreement dated August 22, 2017 (the “IAA”), pursuant to which the Parties agreed, inter alia, to allocate certain Pre-Development Costs (as defined in the IAA) and other payment obligations necessary to implementing the Project amongst themselves.
In consideration of the benefit of CDOT’s participation in the design and construction of the Project pursuant to Section III.14, BE has agreed to initially fund a portion of the Pre-Development Costs for the Project, provided that such contribution by BE shall not exceed $172,309,333.
Democrats are Proving Samuel Alito and John Roberts Wrong, HUFFINGTON POST, Jan.
The Parties agree that such amounts shall be utilized solely for the payment of Pre-Development Costs except as specifically provided for in this Agreement.
In addition, CDOT will have certain design and construction responsibilities pursuant to Section III.14 and will incur Pre-Development Costs associated with such activities.
More Definitions of Pre-Development Costs
Pre-Development Costs means reasonable costs actually incurred and paid and 4 directly related to the development, Entitlement, acquisition and implementation of the Project 5 incurred by Developer between the execution of the Exclusive Negotiating Agreement between 6 Authority and Developer and the Initial Closing, including architectural, engineering, 7 environmental, consultant, community outreach, legal and other professional fees; real property 8 taxes and assessments; insurance expenses; title and survey, sales and marketing expenses;
Pre-Development Costs means School Base Building Soft Costs incurred prior to the Catch-Up Requisition.
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 reasonable costs actually incurred and paid and
Pre-Development Costs means those Development Costs incurred by the Borrower preliminary to the development of the Project.
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 is defined in Section 2.06. 14.100 Price Determination Notice The term "Price Determination Notice" is defined in Section 8.02. 14.101 Pro Rata Share The term "Pro Rata Share" is defined in Section 3.05. 14.102 Prohibited Transfer The term "Prohibited Transfer" is defined in Section 10.02(a). 14.103 Project The term "Project" is defined in Section 1.03. 14.104 Project Stabilization Date The term "Project Stabilization Date" means the first date that the Company has under lease and occupancy by tenants at least ninety-five percent (95%) of the space available for lease in the Project. 14.105 Property The term "Property" is defined in Section 1.03. 14.106 Property Management Fee The term "Property Management Fee" is defined in Section 2.14. 14.107 Purchase Notice The term "Purchase Notice" is defined in Section 8.03. 14.108 Purchase Price The term "Purchase Price" is defined in Section 8.02.