Developer Reimbursement Sample Clauses

Developer Reimbursement. If the Developer fails to complete a portion of the 60 Housing Units contemplated as part of the Minimum Improvements by September 1, 2023, then the Developer shall pay to the City an amount equal to a proportionate percentage of the City’s costs in constructing the Public Improvements, within 30 days of the City’s written demand therefor. For example, if the Developer fails to complete 20 of the 60 Housing Units, which is one third of the proposed Housing Units, then the Developer shall be obligated to pay to the City an amount equal to one-third of the City’s costs in constructing the Public Improvements.
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Developer Reimbursement. The District’s Development Reimbursement Agreement will remain in full affect until the one hundred thousand dollars ($100,000) mentioned above has been repaid to the developer or the responsibility for their repayment has been discharged. Repayment will only occur until the funds have been repaid to Seller from documented funds advanced by Seller, then all future repayments shall be as follows:
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Developer Reimbursement. (a) The Annual Payments made by the County shall be paid solely from the ad valorem tax revenues collected on the Property. Each Annual Payment shall be an amount equal to the Tax Increment Revenue attributable to the prior 12 month period. The Annual Payments shall be paid annually to the Authority by the County no later than May 15, beginning in calendar year 2020, of each year until the earlier of: (i) the date the Authority has fully paid the Project Improvement Contribution Amount to the Developer; or (ii) May 15, 2042. For purposes of clarification, the Parties agree and acknowledge that the Tax Increment Revenue collected by the County attributable to the Project Area prior to tax year 2019 shall be retained by the County and is not due or payable to the Authority
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Developer Reimbursement. The Parties acknowledge and agree that, in connection with the DDA, Developer incurred costs on behalf of, or of benefit to, Agency and the Agency Parcel North in an aggregate amount equal to Six Hundred Fifty-Five Thousand Dollars ($655,000) (the “Reimbursable Amount”). Accordingly, Agency shall deliver directly to Developer funds equal to the Reimbursable Amount within fifteen (15) days of the Effective Date.
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Developer Reimbursement. Second, to reimburse Developer, up to the amount equal to the sum of (a) any portion of the Purchase Price of the Property that Developer has paid to PDC and (b) the PDC-approved development costs for the Project paid by Developer, or for which Developer remains liable, that were not funded by the PDC (if PDC provided financing for the Project), less any gains or income withdrawn or made as to the Project to the extent actually realized or received; and
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Developer Reimbursement. Reimbursement opportunities, as provided for in ------------------------ Article 5 of RANGEVIEW's Rules and Regulations, shall be available to the DEVELOPER only for the Offsite Water Transmission Pipeline, Special Facility "C".
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Developer Reimbursement a) Staff is authorized to reimburse Development Charges works constructed by developers in accordance with front end financing agreements approved by Council, provided all conditions have been met.
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Developer Reimbursement. The Parties acknowledge and agree that, in connection with the DDA, Developer incurred (or will incur) certain costs on behalf of, or of benefit to, Agency (the “Reimbursable Costs”). Accordingly, Developer shall provide Agency documentation reasonably acceptable to Agency regarding the Reimbursable Costs and Agency shall promptly reimburse Developer for such reasonably documented Reimbursable Costs in an aggregate amount not to exceed Ninety-Five Thousand Five Hundred Dollars ($95,500) (the “Maximum Reimbursable Amount”).
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Developer Reimbursement. This item and the payments related to Navy leases are enforceable obligations under the Conveyance Agreement, which is a transfer agreement between Successor Agency and Navy that expires when last parcel transferred. The Navy sells each parcel to Successor Agency for $1/each. Contract expiration date reflects Successor Agency's obligations pursuant Navy / Agency Conveyance Agreement, through to the final Navy parcel to transfer, which is projected to be December 31, 2033 76 HPS Property Management: Source of Funds: Developer Reimbursement. Site Office/administrative services, and Maintenance Services are required by the Interim Lease, Exhibit E-1 - Baseline Services. These services are provided on an as-needed basis. Contract expiration date reflects OCII obligations to transfer property to the Developer per the Phase 2 DDA Schedule of Performance, which provides for completion by December 31, 2036 77 HPS Building 606 Lease to SFPD: Source of funds: City and County-SFPD rent payments. Pursuant to HPS Conveyance Agreement with U.S. Navy. Lease payments are from the SF Police Department. The lease is on a month-to-month basis and the Successor Agency will amend the lease to expire no later than the property transfer date. Contract expiration date reflects Successor Agency obligations pursuant to the Navy / Agency Conveyance Agreement, through to the final Navy parcel to transfer, which is projected to be December 31, 2033.
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Related to Developer Reimbursement

  • Cost Reimbursement This payment method is based on an approved budget and submission of a request for reimbursement of expenses Xxxxxxx has incurred at the time of the request;

  • Loss Reimbursement Subadviser shall reimburse the Account for any material error to the Fund's net asset value caused by Subadviser's breach of its standard of care, as set forth in the following sentence that is a direct cause of a delay in the accurate daily pricing of the Fund. In managing the Account, Subadviser shall act with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

  • Expenses Reimbursement State Street shall be entitled to receive from the Fund on demand reimbursement for its cash disbursements, expenses and charges, excluding salaries and usual overhead expenses, as set forth in Schedule A.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Disbursements, Reimbursement Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Issuing Lender a participation in such Letter of Credit and each drawing thereunder in an amount equal to such Lender’s Ratable Share of the maximum amount available to be drawn under such Letter of Credit and the amount of such drawing, respectively.

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