Predevelopment Costs definition

Predevelopment Costs means costs and fees associated with the Predevelopment Activities and related activities, including but not limited to financial and legal services and preparation of funding applications, as shown in the Predevelopment Budget.

Predevelopment Costs means the cost of performing the Predevelopment Activities as shown in the Predevelopment Budget.

Predevelopment Costs means those expenses for a developer which are not administrative, but are necessary for planning activities before any construction, rehabilitaion or renovation of housing for low and moderate income families may begin.

Examples of Predevelopment Costs in a sentence

• Upon written approval by HUD of the HOPE VI Budget (with any modifications required by HUD), funds may be drawn down for eligible Predevelopment Costs (as defined in subparagraph (2) below), subject to the requirement for an environmental review under Article VIII(B), in accordance with the provisions of this Grant Agreement.

• The Developer shall provide the Owner with the final reconciliation of the Total Predevelopment Costs subject to Owner Reimbursement (including the calculation of the Developer Nonparticipation Fee) within ten (10) calendar days following the Developer’s receipt of notice of the Nonparticipation Election, including all invoices and receipts substantiating the Total Predevelopment Costs (the “Predevelopment Cost Invoice”).

• To the extent that the Total Predevelopment Costs equal or exceed Ten Million Five Hundred Thousand Dollars ($10,500,000), then the Owner Reimbursement shall be equal to Ten Million Five Hundred Thousand Dollars ($10,500,000) and the Developer shall not be eligible to receive any Developer Nonparticipation Fee.

• Indeed, a well-designed system’s usability is a key point to stimulate and satisfy the students’ learning experience.

• Predevelopment Costs Agreement: (HTF Program term) A document which sets forth the terms for partial disbursement of a Housing Trust Fund award for costs associated with the predevelopment stage of a project.

More Definitions of Predevelopment Costs

Predevelopment Costs means the costs incurred by Tenant in developing the Preliminary Project Program, or the design of the Project or goods, equipment or services prior to the satisfaction of all contingencies provided in Section 2.03 herein.

Predevelopment Costs is defined in Recital C and more particularly described in Exhibit B.

Predevelopment Costs means all costs incurred by Seller after the Effective Date in connection with this Agreement and the transaction contemplated hereunder prior to the commencement of construction of the Improvements, including, without limitation, architect and engineer fees, permit and other fees charged by Governmental Authorities and utility service companies, construction loan fees, development fees, subdivision or lot line adjustment fees and attorneys’ fees, and interest expense incurred by Seller in funding of Predevelopment Costs, pursuant to preliminary estimates as shown on Exhibit E, subject to the terms of Section 3 (a) (iii), below.

Predevelopment Costs means predevelopment expenses which are customarily incurred and shall have been actually incurred by Developer in connection with the Project and shall include, without limitation, the following: architectural, engineering or related professional services required to prepare plans, specifications or work write-ups; application, commitment and/or origination fees in connection with construction and/or permanent financing contemplated by this Agreement; security services; land use entitlements and building permits; development fees; utilities fees; property insurance; title and other insurance, legal and accounting fees; tests to determine the condition of the Site; costs of environmental review; development impact fees; property taxes; fees for financial and advisory services and any other appropriate predevelopment costs identified in the Project Budget and reasonably approved by the Authority.

Predevelopment Costs means all costs related to the preliminary development of a project which include, but are not limited to, the costs of preliminary plans, studies, surveys, architectural designs, plans, reports, application fees, legal fees, financing fees, consulting fees, working drawings, or specifications undertaken in preparation for the development or offering of a health care project.

Predevelopment Costs means the costs incurred by Borrower and/or the Township 9 Master Developer to prepare the Plans and Specifications for the Project as set forth in the Budget, to the extent that Borrower or an affiliate of Borrower incurred such costs or is required to reimburse the Township 9 Master Developer for such costs.

Predevelopment Costs means predevelopment expenses which are customarily incurred and shall have been actually incurred by Developer in connection with the Project and shall