Common use of Compensation of Developer Clause in Contracts

Compensation of Developer. In consideration of Developer’s Services, Owner shall pay to Developer, 3% of the Hard Costs for Construction of the Project (the “Developer Fee”). At the same time that Owner pays or is required to pay (whichever occurs first) any Hard Costs for Construction of the Project, Owner shall pay Developer 3% of such Hard Costs for Construction of the Project. In addition to the Developer Fee, Owner shall reimburse Developer for all Reimbursable Costs within 10 days after submission of a request for payment of such Reimbursable Costs by Developer to Owner.

Compensation of Developer. In consideration of Developer’s 's Services, Owner shall pay to Developer, 3% _1_% of the Hard Costs for Construction of the Project (the “"Developer Fee”"). At the same time that Owner pays or is required to pay (whichever occurs first) any Hard Costs for Construction of the Project, Owner shall pay Developer 3% _2Q__% of such Hard Costs for Construction of the Project. In addition to the Developer Fee, Owner shall reimburse Developer for all Reimbursable Costs within 10 days after submission of a request for payment paymerit of such Reimbursable Costs by Developer to Owner.

Compensation of Developer. In consideration of Developer’s Services, Owner shall pay to Developer, 3__% of the Hard Costs for Construction of the Project (the “Developer Fee”). At the same time that Owner pays or is required to pay (whichever occurs first) any Hard Costs for Construction of the Project, Owner shall pay Developer 3__% of such Hard Costs for Construction of the Project. In addition to the Developer Fee, Owner shall reimburse Developer for all Reimbursable Costs within 10 days after submission of a request for payment of such Reimbursable Costs by Developer to Owner.

Compensation of Developer. In consideration of Developer’s Services, Owner shall pay to Developer, 3% 3__% of the Hard Costs for Construction of the Project (the “Developer Fee”). At the same time that Owner pays or is required to pay (whichever occurs first) any Hard Costs for Construction of the Project, Owner shall pay Developer __3% of such Hard Costs for Construction of the Project. In addition to the Developer Fee, Owner shall reimburse Developer for all Reimbursable Costs within 10 days after submission of a request for payment of such Reimbursable Costs by Developer to Owner.