Development Management Fee. Feld shall receive a developmenx xxnagement fee equal to $2,000 per unit. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.
Development Management Fee. As compensation for Development Manager's services rendered in connection with the Parking Garage Project, DSA shall pay to Development Manager a "Development Management Fee" in the amount of four percent (4%) of the total hard and soft costs incurred with respect to the Parking Garage Project.
Development Management Fee. The Development Management Fee set forth on Exhibit D is hereby reduced to 4.0% of Total Managed Costs, but only with respect to each Approved Investment that is approved by the Executive Committee after the Effective Date. For the avoidance of doubt, the Development Management Fee for each Approved Investment that was approved by the Executive Committee prior to the Effective Date shall continue to equal 4.5% of Total Managed Costs.
Development Management Fee. With respect to a Project for which the Company is undertaking development activities previously approved by the Members or the Management Committee, the Manager shall be entitled to receive a development management fee equal to four percent (4.0%) of total development costs with respect to such Project; provided, however, that land costs, capitalized interest and financing costs related to development activities shall not be included in total development costs for purposes of calculating the development management fee. The development management fee shall be payable pro-ratably over the course of the development period, as development costs are funded.
Development Management Fee. Xxxx shall receive a development management fee equal to $1,000 per unit. Such development management fee shall be payable from monthly draws on the Construction Loan, on a percentage of completion basis as certified by the Construction Consultant.
Development Management Fee. For the performance of the Manager’s services under this Agreement, the Owner shall pay the Manager the following management fee (the “Development Management
Development Management Fee. To the General Partner (or other Affiliate of the General Partner) for the Development Management Fee (as defined below) in accordance with the 10 Development Management Agreement (as defined below) until the Development Management Fee is fully paid; then
Development Management Fee. The term “Development Management Fee” shall mean the fee payable to KSM pursuant to Section 5 of this Agreement. This fee includes all incidental and travel expenses for KSM corporate and regional employees.
Development Management Fee. If an Affiliate of IPT serves as the development manager, a market rate development management fee not to exceed 4.0% of Total Managed Costs, payable upon the commencement of such development management services and thereafter as Total Managed Costs are incurred. “Total Managed Costs” means hard costs plus architectural and engineering costs.
Development Management Fee. Asset Manager or its designee shall be paid an administration/development management fee (“Development Management Fee”) in an amount equal to, with respect to the Capital Improvement Program, four percent (4%) of the aggregate hard and soft costs of such renovation (exclusive of land costs). The Development Management Fee shall be paid monthly in arrears in twelve (12) equal installments on the tenth (10th) Business Day of each following month during the time in which the Property is undergoing renovations contemplated by the Capital Improvement Program (based on the budgeted project cost, with a reconciliation on completion).
