Developer Costs Clause Samples
The Developer Costs clause defines which expenses incurred by the developer are covered under the agreement. It typically outlines categories such as labor, materials, permits, and subcontractor fees, and may specify whether these costs are reimbursable or included in a fixed price. This clause ensures clarity regarding financial responsibilities, helping to prevent disputes over which party is liable for specific development-related expenses.
Developer Costs. The Existing Developer and the New Developer must pay their own costs in relation to:
(a) the negotiation, preparation, execution, performance, amendment or registration of, or any consent given or made; and
(b) the performance of any action by that party in compliance with any liability arising, under this Deed, or any agreement or document executed or effected under this Deed, unless this Deed provides otherwise.
Developer Costs. Notes: Payments include G.S.T and/or interest, where applicable. See “Detailed Calculations” for applicable G.S.T amounts. Item Total Costs Initial Payments Deferred Payments .1 Off-site Levy Payment
a. Off-site Levy Payment for Subdivision Lands $0.00 $0.00 $0.00
b. Off-site Levy Payment for Remainder of Developer’s Lands $0.00 $0.00 $0.00
c. Total Off-site Levy Payment Amounts $0.00 $0.00 $0.00 .2 Recreation Amenity Fund Fee $0.00 $0.00 $0.00 .3 Administration Fee a. General Administrative Fee $0.00 $0.00 $0.00 b. Survey Network Fee $0.00 $0.00 $0.00 c. Legal Base Mapping Fee $0.00 $0.00 $0.00 .4 Electric, Light, and Power Costs $0.00 $0.00 $0.00 .5 Work by City on behalf of the Developer a. Environmental Services Connections $0.00 $0.00 $0.00
Developer Costs. The Borrower shall have furnished to the Credit Enhancer, the Remarketing Agent and the Trustee a certificate (the "Equity Costs Certificate") in form and substance satisfactory to the Credit Enhancer and the Remarketing Agent identifying not less than $2,699,963.69 of eligible Project costs and costs of issuance and remarketing incurred and paid by or on behalf of the Borrower prior to the Remarketing Date.
Developer Costs. Costs below represent Developer’s Non-Labor costs only.
Developer Costs. Developer shall be responsible for the costs of design and construction of all improvements constructed in contemplation and reliance on, and in accordance with, the Building site and operation (BSO) plans and Development Plans and specifications, the project plan of TID #5 concerning the Property, and this Development Agreement, including all expenses and costs associated with administration and construction of public improvements serving the area around and within the Development. Attached as “Exhibit D” is a summary of certain eligible project expenses that were reviewed by the City in support of the TIF Grant prior to execution of this Development Agreement.
Developer Costs. In the event that reporting, investigating, testing, monitoring, or remediation of such waste, contamination or conditions is necessary, Developer shall promptly inform Amtrak of such event and the costs and expense of same shall be borne solely by Developer.
Developer Costs. Developer shall, at its own cost and expense and without contribution from City except as specifically provided in this Agreement, construct the SUP Improvements in accordance with the Plans and Specifications.
Developer Costs. 11 5.8. Cross Reference . . . . . . . . . . . . . . . . 11 5.9. Legal Opinions. . . . . . . . . . . . . . . . . 11