Common use of Monitoring Fees Clause in Contracts

Monitoring Fees. The Owner further covenants and agrees to pay to the Department such fees in the amounts and at such times as the Department shall, in its sole discretion, reasonably determine and require to Owner to pay for the costs of monitoring the Project. Applicable monitoring fees may be revised from time to time by the Department through the QAP. Monitoring is required by Federal law and may be performed by the Department periodically, but monitoring fees shall be assessed no more frequently than annually.

Appears in 4 contracts

Samples: Consent and Subordination Agreement, Consent and Subordination Agreement, Consent and Subordination Agreement

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