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.
Appears in 1 contract
Samples: Operating Agreement (Wellsford Real Properties Inc)
Development Management Fee. Feld shall receive a developmenx xxnagement fee equal to $2,000 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.
Appears in 1 contract
Samples: Operating Agreement (Wellsford Real Properties Inc)
Development Management Fee. Feld shall receive a developmenx xxnagement development management fee equal xxxxl to $2,000 1,500 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.
Appears in 1 contract
Samples: Operating Agreement (Wellsford Real Properties Inc)
Development Management Fee. Feld shall receive a developmenx xxnagement development management fee equal to $2,000 1,000 per unitxxxt. 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.
Appears in 1 contract
Samples: Operating Agreement (Wellsford Residential Property Trust)
