Common use of Payment of Agency Costs Clause in Contracts

Payment of Agency Costs. Developer shall reimburse the Agency, on or before the date of receipt of the grant or any portion thereof pursuant to Section 3.04, for legal fees and costs incurred by the Agency in connection with this Redevelopment Contract in the sum of $5,000.00. The difference between the purchase price of the Premises referred to in Section 3.07 and the Grant of Agency Funds referred in Section 3.08 shall be considered payment of this obligation.

Payment of Agency Costs. Developer shall reimburse the Agency, on or before the date of receipt of the grant or any portion thereof pursuant to Section 3.04, for legal fees and costs incurred by the Agency in connection with this Redevelopment Contract in the sum of $5,000.00. The difference between the purchase price of the Premises referred to in Section 3.07 and the Grant of Agency Funds referred in Section 3.08 shall be considered payment of this obligation2,500.00.

Payment of Agency Costs. Developer shall reimburse the Agency, on or before the date of receipt of the grant or any portion thereof pursuant to Section 3.04, for legal fees and costs incurred by the Agency in connection with this Redevelopment Contract in the sum of $5,000.00. The difference between the purchase price of the Premises referred to in Section 3.07 and the Grant of Agency Funds referred in Section 3.08 shall be considered payment of this obligation.