Compensation to Developer. District agrees to pay Developer the amount of Zero Dollars ($XX0.00), for the performance of the Services contemplated by this Agreement, as indicated in Attachment “C” (“Services: Costs & Schedule”). Developer shall be responsible for all costs and expenses including the costs of hiring sub-consultants and other professionals to perform the Services, travel expenses to the Project site as well as for meetings with District and its representatives, long distance telephone charges, copying expenses, salaries of Developer’s staff and employees working on the Project, overhead, and any other reasonable expenses incurred by Developer in performance of the Services contemplated by this Agreement. Developer shall submit the names of all proposed sub-consultants to District in writing for the District’s prior approval.
Compensation to Developer. If IFA issues Notice of termination of this Agreement due to a Default Termination Event, or if Developer terminates this Agreement on grounds or in circumstances beyond Developer’s termination rights specifically set forth in this Agreement, Developer will be entitled to compensation to the extent (if any), and only to the extent, provided in Section 3 of Exhibit 21 (Early Termination Dates and Terms for Termination Compensation). Payment (if any) shall be due and payable as and when provided in Section 3 of Exhibit 21 (Early Termination Dates and Terms for Termination Compensation).
Compensation to Developer. In consideration of DEVELOPER performance of services hereunder, DISTRICT agrees Reimburse DEVELOPER in the amount not to exceed FOUR HUNDRED SEVENTY- FIVE THOUSAND Dollars ($475,000. ) for the performance of services contemplated by this Agreement. DEVELOPER shall be paid monthly for the actual fees and allowed costs and expenses for all time and materials required and expended for work requested and specified by the DISTRICT as completed. Said amount shall be paid within thirty (30) days upon submittal to (and verification by) the DISTRICT of a monthly billing statement showing completion of the tasks for that month on a line item basis. In the event DEVELOPER and DISTRICT enter into the lease/leaseback agreements for the development of the Project, this compensation for services rendered will be included as part of the Guaranteed Maximum Price to be paid to DEVELOPER by DISTRICT. DEVELOPER shall be responsible for any and all costs and expenses incurred by DEVELOPER, including but not limited to the costs of hiring sub-consultants, contractors and other professionals, review of the Project, Plans and Specifications, review and preparation of necessary documentation relating to the development of the Project, all travel-related expenses, as well as for meetings with DISTRICT and its representatives, long distance telephone charges, copying expenses, salaries of DEVELOPER staff and employees working on the Project, overhead, and any other reasonable expenses incurred by DEVELOPER in performance of the services contemplated by this Agreement.
Compensation to Developer. The Terms by which eligible Project Costs will be reimbursed are as follows:
Compensation to Developer. If the Department issues a notice of termination of this Agreement and the Lease due to a Default Termination Event, Developer will be entitled to compensation in an amount equal to:
Compensation to Developer. 5.3.1 Reimbursement will be made available in the following maximum amounts during the fiscal years set forth below. FY 2022: $100,000 FY 2023: $100,000 FY 2024: $100,000 FY 2025: $100,000 FY 2026: $100,000 FY 2027: $100,000
Compensation to Developer. The Authority shall pay to Developer as compensation forthe services set forth herein, a fee in the amount of Fourteen Million Dollars ($14,000,000) (the "Development Fee"). The Development Fee shall be paid as follows: on January 15, 2000 and thereafter within fifteen (15) days following the end of each calendar quarter until the Completion Date, the Authority shall pay to Developer a percentage of the Development Fee equal to the completion percentage of the Project certified by Developer as of December 31, 1999 and the end of each successive calendar quarter. The Authority shall make payments of the Development Fee to Developer upon receipt of an application for payment from Developer, which statement shall include evidence of satisfaction of the foregoing conditions to payment.
Compensation to Developer. Other than the fees and payments provided for in Section 2 hereof, PLI shall not be responsible or required to pay axx xxxxx xxxx xx xxxxensation to Developer for the Final Sites.
Compensation to Developer. 8.1 Subject to the terms and conditions of this Agreement and the Payment Conditions (defined below), for each tax year commencing with the “Initial Reimbursement Tax Year”, defined as FY2022, and then continuing annually for a total of ten (10) consecutive tax years throughout the remainder of the Term of this Agreement or until the Maximum Reimbursement Amount (defined below) is disbursed, whichever comes first, City and TIRZ shall provide Developer payment as follows:
Compensation to Developer
