OVERSIZING AND SHARING OF SERVICING COSTS Sample Clauses

OVERSIZING AND SHARING OF SERVICING COSTS. 17.1 The Developer recognizes and agrees that the Development within the Development Area will benefit from the oversizing or construction of Local Improvements which have been or will be constructed by parties other than the Developer in areas adjacent to the Development Area and other benefiting areas. Therefore, the Developer agrees that it shall pay its proportionate share of such other Local Improvements as determined in the discretion of the Municipality. Unless otherwise specifically provided within Schedule "E" attached to this Agreement, the Developer’s proportionate share of existing or currently contemplated oversizing will be calculated and paid either:
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OVERSIZING AND SHARING OF SERVICING COSTS. 18.1. The Developer recognizes and agrees that the Development within the Development Area will benefit from the oversizing or construction of Municipal Improvements which have been or will be constructed by parties other than the Developer in areas adjacent to the Development Area and other benefiting areas, and therefore, the Developer agrees that it shall bear and pay its proportionate share of such other Municipal Improvements as determined in the discretion of the City. Unless otherwise specifically provided within Schedule “J” attached to this Agreement, the Developer’s proportionate share of existing or currently contemplated Oversizing Costs and costs for extending Municipal Improvements be calculated and paid upon the earlier of:
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OVERSIZING AND SHARING OF SERVICING COSTS. 9.1 The Developer recognizes and agrees that the development within the Development Area will benefit from the oversizing or construction of improvements which have been or will be constructed by parties other than the Developer in areas adjacent to the Development Area and other benefiting areas. The Developer agrees that it shall bear and pay its proportionate share of such other improvements as determined in the discretion of the Municipality in the amount provided within Schedule “F” attached to this Agreement. The Developer shall provide proof of payment satisfactory to the Municipality prior to the earlier of endorsement of the Plan of Subdivision or the commencement of construction upon the Development Area. Any deferral of payment of oversizing costs by the Developer beyond the above-noted deadlines shall be subject to specific agreement between the Municipality and the Developer as contained within Schedule “D” and/or “F” attached to this Agreement, and such conditions or other requirements that maybe imposed therein (including, without restriction, the requirement for security for payment, and/or registration and reliance upon the charge contained within Section 15.8 of this Agreement). If at the time of registration of the Plan of Subdivision the Municipality has not calculated or imposed oversizing costs, and subsequently the Municipality imposes such charges, nothing in this Agreement precludes the Municipality from collecting the Developer’s proportionate share of oversizing costs at the development permit stage.
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OVERSIZING AND SHARING OF SERVICING COSTS. 8.1 The Developer recognizes and agrees that the Development within the Development Area will benefit from the oversizing or construction of Improvements that have been or will be constructed by the County and/or parties other than the Developer in areas adjacent to the Development Area and other benefiting areas. The Developer agrees that it shall bear and pay its proportionate share of such other Improvements as determined in the discretion of the County in the amount provided within Schedule “E” attached to this Agreement. The Developer shall provide proof of payment satisfactory to the County prior to the earlier of endorsement of the Plan of Subdivision or the commencement of construction upon the Development Area.
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OVERSIZING AND SHARING OF SERVICING COSTS. 16.1 The Developer recognizes and agrees that the Development within the Development Area will benefit from the oversizing or construction of Municipal Improvements that have been or will be constructed by the County and/or parties other than the Developer in areas adjacent to the Development Area and other benefiting areas, and therefore, the Developer agrees that it shall bear and pay its proportionate share of such other Municipal Improvements as determined in the discretion of the County. Unless otherwise specifically provided within Schedule “E” attached to this Agreement, the Developer’s proportionate share of existing or currently contemplated oversizing be calculated and paid upon the earlier of submission for endorsement of a Plan of Subdivision for the Development Area and prior to the sale of any lots covered by a Plan of Subdivision, and Commencement of Construction of the Municipal Improvements. Any deferral of payment of oversizing costs by the Developer beyond the above-noted deadlines shall be subject to specific agreement between the County and the Developer as contained within Schedule “E” attached to this Agreement, and such conditions or other requirements that maybe imposed therein (including, without restriction, the requirement for security for payment, and/or registration and reliance upon the charge contained within Section 19.2 of this Agreement). If a Plan of Subdivision is contemplated, and at the time of registration of the Plan of Subdivision the County has not calculated or imposed oversizing costs, and subsequently the County imposes such charges, nothing in this Agreement precludes the County from collecting the Developer’s proportionate share of oversizing costs at the development permit stage.
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Related to OVERSIZING AND SHARING OF SERVICING COSTS

  • Limitation of Administrative Costs Worksheet The worksheet is intended for use during the budgeting process to estimate the district's percent increase of FY2021 budgeted expenditures over FY2020 actual expenditures. Budget information is copied to this page. Insert the prior year estimated actual expenditures to compute the estimated percentage increase (decrease).

  • Payment of Extraordinary Education Related Expenses Section 5.1. PAYMENT OF EXTRAORDINARY EDUCATION-RELATED EXPENSES. In addition to the amounts determined pursuant to Articles IV and VI of this Agreement, Applicant on an annual basis shall also indemnify and reimburse District for all non-reimbursed costs, certified by the District’s external auditor to have been incurred by the District for extraordinary education-related expenses directly and solely related to the project that are not directly funded in state aid formulas, including expenses for the purchase of portable classrooms and the hiring of additional personnel to accommodate a temporary increase in student enrollment caused directly by such project. Applicant shall have the right to contest the findings of the District’s external auditor pursuant to Section 4.9 above.

  • Servicing The servicing and collection practices used by the Mortgage Loan Seller with respect to the Mortgage Loan have been, in all respects legal and have met with customary industry standards for servicing of commercial loans for conduit loan programs.

  • Xxxx Individual Retirement Custodial Account The following constitutes an agreement establishing a Xxxx XXX (under Section 408A of the Internal Revenue Code) between the depositor and the Custodian.

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