Cost of development. 2.3 PEBC will review development request and, if acceptable, authorize Contractor to proceed with development.
Cost of development. Except as otherwise set forth herein, the Developer shall pay the cost of constructing and developing the Vertical Improvements and Infrastructure Improvements.
Cost of development. The cost of planning, designing, developing, and constructing the Improvements shall be borne solely by the Participant, excepting for the disbursement by City of the City Disbursement Amount as provided in Section 4.4.1 hereof. Except to the extent otherwise expressly set forth herein, all fees imposed by any governmental entity in connection with the acquisition of the Site or the development of the Improvements shall be borne by Participant and shall be paid when due by Participant.
Cost of development. If at any time prior to the Approval Date, Arius reasonably determines, in its sole discretion, that its anticipated aggregate costs and expenses related to the pursuit of regulatory approval from FDA for the sale and marketing of the Product in the Territory shall exceed $[*], Arius shall notify TEAMM in writing and inform TEAMM of the estimated amounts reasonably required to be spent in excess of $[*]. Upon such notice, TEAMM shall have a thirty (30) day option, in its sole discretion and subject to Arius’ option to pay any such excess amounts out of its own funds, to (i) agree to provide additional funding sufficient to reimburse Arius for all such costs in excess of $[*], in which Arius shall credit TEAMM 50% of the excess in the form of a credit on royalties., with this agreement remaining in effect, provided that TEAMM reimburses Arius for such costs, or (ii) terminate this Agreement and, as its sole remedy, have a warrant for the purchase of shares of Arius’ common stock issued to TEAMM pursuant to Section 2.3 below. Upon the expiration of such thirty (30) day option period, this Agreement shall terminate and, as TEAMM’s sole remedy therefore, a warrant for the purchase of shares of Arius’ common stock shall be issued to TEAMM pursuant to Section 2.3 below
Cost of development. The Development of the Property shall be paid with the proceeds of the City Loan and Authority Loan. The Developer shall be responsible for any additional funds necessary to complete the Development of the Property; provided, however, that in the event that there are insufficient Loan proceeds available to fund such work, the City and Authority shall reasonably consider deleting certain work from the Scope of Work, and the Developer shall accelerate payment of all or a portion of the Developer Fee, in order to assure that there are sufficient funds for the Development.
Cost of development. Except as otherwise set forth in this Agreement, the Developer shall be responsible for all costs of constructing and developing the Initial Improvements and all other improvements incurred by Developer at no cost to the City. For purposes of clarity, the City’s only obligations in connection with this Agreement are to convey the Project Parcel to Developer, pay the XXX Xxxxx, and coordinate and ensure the completion of the construction of the City Projects (at City’s cost and expense), and convey the Option Parcel if the Option is exercised, all in accordance with the terms and conditions of this Agreement.
Cost of development. Buyer shall bear all costs and expenses incurred in connection with the construction and maintenance of all Improvements, including, without limitation, all costs incurred in connection with the investigation, acquisition and preparation of the Property for development, all off-site improvements, building and developer fees, and all costs of investigation, acquisition and/or preparation of any project documents or other submissions made by Buyer pursuant to this Agreement.
Cost of development. 13.1 The entire costs involved with the development of the Residential Project shall be borne totally by the Second Party. This would include the expenses to be incurred in having the Plans prepared and approved, as well as fee payable to the appointed Consultant and/or any other expenses that the Second Party may have to incur till the time the Residential Project is ready for operations in terms of this Agreement.
Cost of development. Except as expressly set forth in Section 4.1 below with respect to the Affordable Housing Component, all the costs of site preparation (including demolition and removal of all temporary structures or improvements on the Property), planning, designing, constructing and developing the Project shall be borne solely by Developer.
Cost of development. This Agreement involves a commitment on behalf of the cities to contribute CDBG Administrative funds towards the cost of the Consultant to undertake the development of the CPS, AAP, and AI to include the Housing Market Analysis, Needs Assessment, Outputs and Outcomes for performance measurement for each participant. The cost of said Consultant is an eligibleCDBG expense. It is understood that the cost distribution shall be that the County of Xxxxxxx will pay fifty percent (50%) of the total costs and the remaining balance will be evenly distributed amongst the participating cities. Cities will reimburse the County of Xxxxxxx in accordance with applicable laws, regulations and procedures.
