Developer Compensation. a. As compensation for the services to be rendered by Developer pursuant to the terms of this Agreement, Owner shall pay to Developer a development fee equal to NINE HUNDRED FORTY EIGHT THOUSAND AND NO/100 DOLLARS ($948,000.00) (the “Development Fee”), which shall be payable by wire transfer or other immediately available funds as follows:
Appears in 4 contracts
Samples: Common Agreement, Common Agreement (Bluerock Residential Growth REIT, Inc.), Development Agreement (Bluerock Enhanced Multifamily Trust, Inc.)