Payment to Developer. In the event that this Lease is -------------------- terminated as a result of an uncured default by Landlord and in the further event that Developer has constructed streets, utilities and/or other off-site improvements or grading improvements upon or in relation to the Project prior to such termination of this Lease, Landlord shall, pursuant to its responsibilities under State law, use its best efforts to resell or relet the Premises, or any portion thereof, as soon and in such manner as Landlord shall find feasible and consistent with the objectives of such law to a qualified and responsible party or parties (as reasonably determined by Landlord) who will assume the obligation of making or completing the improvements required of Developer under this Lease, or such other improvements in their stead as shall be satisfactory to Landlord and in accordance with the uses specified for the Premises in this Lease. Upon such resale or reletting of the Premises, or any portion thereof, the proceeds thereof shall be applied:
Payment to Developer. (a) DMA shall pay to the Developer an amount of Rs. (Rupees
(b) The payments per Dwelling Unit shall be made by DMA to the Developer as follows: On Handover of completed Project Cost of one dwelling unit less the Government of India and Government of Jharkhand Share amounting to Rs. 3.00 lakhs (Rupees Three Lakhs Only) by the beneficiary (i.e. to whom the dwelling unit would be allotted) Subsequent to the Project Completion An amount of 3 lakhs (The Government of Jharkhand Share of Rs. 1,50,000/- +Government of India share 1,50,000/-Only) plus the interest (based on the interest rate quoted by the Selected Bidder) shall be payable in 8 (eight) equated half yearly instalments (“Instalment Amount”) payable in May and October every year, starting 3 months after the completion of any project.
Payment to Developer. As consideration, the City will pay to Owner, when the Final Plat is recorded, $28,800.00.
Payment to Developer. Exhibit “B” attached hereto designates the proportional split in costs for construction of the Improvements. City shall deliver to Developer full payment of the City’s share of the costs of construction of the Improvements following submittal and review of documentation showing final, actual construction costs paid by the Developer. The Director of Engineering & Planning shall review the construction documents, conduct a final inspection on the Improvements, noting any required corrections or repairs, and make a recommendation to City Council on acceptance of the Improvements. Upon action by City Council accepting such Improvements, the City will pay to Developer the City’s share of the costs. Any additional costs above those enumerated, or above the amounts described in Exhibit “B” must be approved by the City prior to being incurred.
Payment to Developer. Payment to the DEVELOPER shall be construction-linked and SH&DB shall deposit all sale proceeds of the said project, through escrow account’s special instruction and payments of flats shall be made by the SH&DB as follows:
Payment to Developer. Payment to the Developer is construction-linked and sale of flats, and shall be made by the SH&DB as follows: 01 Approval of Design/Building Plan/other related approvals/permission for construction 5% 02 On completion of R.C.C. structure and infrastructure development 20% 03 On construction of walls 10% 04 On flooring, installation of doors, windows and electrical wiring 10% 05 On Plumbing Work and installation of common amenities 15% 06 On completion of service areas and amenities 10% 07 On completion of utilities (laying of sewerage lines, start of road work, laying of electrical lines and water services) 20%
Payment to Developer. Within thirty (30) days of the COUNTY'S collection of reimbursement from one of the property owners described on Exhibit "B," the COUNTY shall remit such amount to the DEVELOPER, less a service charge equal to seven (7) percent of the amount collected (but in no event exceeding $500.00) to defray the COUNTY’S costs of administering this Agreement.
Payment to Developer. Full payment of the Total Amount Owed Section 1, Purchase details (B) to Developer by Buyer, or payment arrangements acceptable to Developer, must be made by the Closing Date.
