Common use of Brookfield Reimbursement Obligation Clause in Contracts

Brookfield Reimbursement Obligation. City and Brookfield Beach Boulevard LLC, a California limited liability corporation (“Brookfield”) are parties to that certain reimbursement agreement dated May 1, 2006 (the “Brookfield Reimbursement Agreement”), pursuant to which Brookfield constructed certain improvements that benefited the Site in return for which City has agreed to cause the “Westgate Developer,” as defined in the Brookfield Reimbursement Agreement (“Developer,” hereunder), to reimburse Brookfield upon issuance of building permits in the sum of Seven Hundred Eighty-Six Thousand, Two Hundred Twenty-Five Dollars and Eighty-Two Cents ($786,225.82) at the Closing (the “Brookfield Reimbursement”). Developer shall pay such amount into Escrow at closing for the benefit of Brookfield.

Brookfield Reimbursement Obligation. City and Brookfield Beach Boulevard LLC, a California limited liability corporation (“Brookfield”) are parties to that certain reimbursement agreement dated May 1, 2006 (the “Brookfield Reimbursement Agreement”), pursuant to which Brookfield constructed certain improvements that benefited the Site in return for which City has agreed to cause the “Westgate Developer,” as defined in the Brookfield Reimbursement Agreement (“Developer,” hereunder), to reimburse Brookfield upon issuance of building permits in the sum of Seven Hundred Eighty-Six Thousand, Two Hundred Twenty-Five Dollars and Eighty-Two Cents ($786,225.82) at the Closing (the “Brookfield Reimbursement”). Developer shall pay such amount into Escrow at closing Closing for the benefit of Brookfield. 302. Design Review.

Brookfield Reimbursement Obligation. City and Brookfield Beach Boulevard LLC, a California limited liability corporation (“Brookfield”) are parties to that certain reimbursement agreement dated May 1, 2006 (the “Brookfield Reimbursement Agreement”), pursuant to which Brookfield constructed certain improvements that benefited the Site in return for which City has agreed to cause the “Westgate Developer,” as defined in the Brookfield Reimbursement Agreement (“Developer,” hereunder), to reimburse Brookfield upon issuance of building permits in the sum of Seven Hundred Eighty-Six Thousand, Two Hundred Twenty-Five Dollars and Eighty-Two Cents ($786,225.82) at the Closing (the “Brookfield Reimbursement”). The Developer shall pay such amount into Escrow the Brookfield Reimbursement at closing for the benefit of BrookfieldFirst Closing. 302. Design Review.