Developer’s Fee percent (_ %) of the Cost of the Work as described in Section 2.1.
Developer’s Fee percent (_ %) of the Cost of the Work as described in Sections 2.1.1, 2.1.2, 2.1.3, 2.1.4 and 2.1.5.
Developer’s Fee. Four and Ninety-Five Hundredths percent (4.95%) of the Cost of the Work as described in Section 2.1.
Developer’s Fee. Borrower shall cause Mortgagor to refrain from drawing $200,000 from the Senior Loan allocated toward the developer’s allowance (as set forth in the budget attached to the Senior Loan) until the payment in full of this Loan.
Developer’s Fee. The term “Developer’s Fee” shall have the meaning attributed to it in Section 5.1.
Developer’s Fee. An amount not to exceed One Million, Nine Hundred Thousand and no/100 Dollars ($1,900,000.00), if the Cost of Work, as defined in Sections 2.1.1, 2.1.2, 2.1.3 and 2.1.5.1, does not exceed Fifty Million and no/100 Dollars ($50,000,000.00). If the Cost of Work exceeds $50,000,000.00, then the fee will be Three and Ninety Five-Hundredths percent (3.95%) of the Cost of Work.
Developer’s Fee. The Developer will perform the development services pursuant to this Developer Agreement for a fee (the “Developer Fee”) of 2.58% of the Hotel Project Improvements Budget, such fee to be capped at $15 million. For purposes of calculating the Developer Fee, the Hotel Project Improvements Budget shall not include the Developer Fee. The Developer Fee is to be earned and paid monthly as a percentage of the draw amount (prior to holdback) for each month of the Project beginning with September 10, 2008, in which the Developer incurs and expends eligible costs and expenses for the Hotel as agreed upon with the Owner as being part of the Hotel Project Improvements Budget. Any portion of the Developer Fee that is earned prior to the issuance of the Series 2009 Bonds for the Hotel shall be accrued and paid beginning with the first month after issuance of the Series 2009 Bonds solely out of the proceeds of the Series 2009 Bonds and only if and to the extent the Series 2009 Bonds are issued. The parties acknowledge that the Developer and the Owner have expended amounts that are part of the Hotel Project Improvements Budget (as set forth on attached Schedule 7.1.3a) before the Effective Date, as to which the Developer Fee has been earned. For planning purposes, the expected drawdown schedule is shown on attached Schedule 7.1.3b. The Developer Fee shall be part of the Hotel Project Improvements Budget for all purposes other than calculating the Developer Fee.
Developer’s Fee. Five percent ( 5%) of the Cost of the Work as described in Article 2.1.1.
Developer’s Fee. An amount not to exceed $ 10,000.00 in a HOME funds shall be provided to Xxxxx Xxxxxx Development Corporation from Year 2020 HOME Program funds for administration and coordination of the construction of the development of one (1)) single family unit within the Xxxxx Xxxxxx Community. Developer’s Fee will be dispersed when construction is 100% completed and a certificate of occupancy is received. Initial:
Developer’s Fee. The Fixed Price includes a fee payable to Developer in the amount of Dollars ($ ) (the “Developer’s Fee”).
