Pre-Development Costs. The pre-development costs incurred by Campus Crest and its Affiliates in connection with the development of a Development Project.
Pre-Development Costs. Except as otherwise specifically identified as a responsibility of HPTE or BE in this Section III, CDOT shall be primarily responsible for the performance of and payment of costs associated with preliminary design, environmental approvals, acquisition of right of way, managing the procurement of the Project in coordination with the Enterprises, and certain other pre-development activities associated with the Project (together the “Pre-Development Costs”). In consideration of the benefit of CDOT’s participation in the design and construction of the Project pursuant to Section III.14, BE has agreed to initially fund a portion of the Pre-Development Costs for the Project, provided that such contribution by BE shall not exceed $142,309,333. CDOT agrees and acknowledges that BE’s $142,309,333 contribution shall be in full satisfaction of any obligations the Enterprises might have with respect to funding of Pre-Development Costs of the Project. If Pre-Development Costs for the Project exceed CDOT’s estimate of$171,045,502, CDOT, and not the Enterprises, shall be solely responsible for identifying and obtaining additional funding sources to cover any shortfalls.
Pre-Development Costs. The Developer shall be solely responsible for all pre- development costs associated with the Block 88 Office Building, including, without limitation, architectural, engineering, planning and design fees; legal, accounting and other professional fees; and any, filing or other development fees.
Pre-Development Costs. The Developer shall be solely responsible for all pre- development costs associated with the Hotel, including, without limitation, architectural, engineering, planning and design fees; legal, accounting and other professional fees; and any, filing or other development fees.
Pre-Development Costs. The Developer shall be solely responsible for all pre- development costs associated with the Block 105 Future Expansion, including, without limitation, architectural, engineering, planning and design fees; legal, accounting and other professional fees; and any, filing or other development fees.
Pre-Development Costs. The City acknowledges that the Developer was selected by the City to pursue development of the Project at the City’s invitation. In that role, the Developer has provided and will continue to provide valuable assistance to the City in the planning and design of the Parking Structure that comprises the Public Development component of the Project. The City has allocated funding in the City’s 2015 capital budget for the planning and design of the public portion of the Parking Structure. Funding for the private portion of the Parking Structure will be included as part of the City’s 2016 capital budget, subject to approval by the Common Council. Pursuant to the Disbursing Agreement to be executed by the Parties at the Project Commencement Closing, the City shall reimburse the Developer for the actual, but reasonable costs incurred by the Developer in the planning and design of the Parking Structure, including, without limitation, architectural, engineering, planning and design fees and other related professional fees. In the event this Agreement is terminated pursuant to Section 14.1 below, the City shall nonetheless be obligated to promptly reimburse the Developer for the actual costs incurred by the Developer in planning and designing the Parking Structure. The maximum amount that may be due from the City in the event of termination shall be capped at the amounts set forth on the attached Exhibit E. The obligations set forth in this Section 5.1(b) shall survive termination of this Agreement.
Pre-Development Costs. (a) For each Site identified on Exhibit A attached hereto, SpectraSite shall reimburse Tritel for the Site Acquisition Services completed for that Site according to the amounts set forth on Exhibit A. Such payment shall be made within fifteen (15) days of the date that the Assignment is executed by both parties. Notwithstanding anything contained in the Master Lease, such payment shall be the only payment or reimbursement which SpectraSite makes to Tritel for reimbursement of Pre-Development costs for the Sites identified on Exhibit A. Upon the execution of the Assignment of the Prime Lease from Tritel to SpectraSite, SpectraSite shall assume all responsibility for any Pre-Development Costs incurred after the date of the Assignment, subject to the terms of the Master Lease. (b) For each additional Tower Site which Tritel grants SpectraSite the right to develop, construct and lease for which SpectraSite has performed Site Acquisition Services, the amount of the reimbursement for such Site Acquisition Services shall be negotiated between the parties in accordance with the milestone price guide on Exhibit B attached hereto and shall be agreed upon in an exhibit which shall be attached hereto and made a part hereof and shall be incorporated into this Agreement as if originally executed and attached herewith and such agreement shall be effective upon the execution of the exhibit by duly authorized representatives of SpectraSite and Tritel. The amount of reimbursement for such Site Acquisition Services shall also be and shall be set forth in the Notice from Tritel to SpectraSite pursuant to paragraph 1.1(b) to the Master Lease and in the Acceptance of the Site by SpectraSite pursuant to paragraph 1.1(b) of the Master Lease.
Pre-Development Costs. KYTC and the County will agree to a scope and budget for necessary and desirable pre-development efforts to evaluate the feasibility of the Project (the “Pre- Development Budget”). The Pre-Development Budget shall become part of the ultimate Development & Reimbursement Agreement and include all expenses to be incurred from the date of execution and delivery of this LOI up to the date of the commencement of the Project including, but not limited to, engineering, design, and location reports and any other expenses incurred as a preliminary construction development cost (the “Pre- Development Costs”). KYTC shall reimburse the County up to $_100,000.00 for the Pre- Development Costs. In no event shall Pre-Development Costs include real estate broker fees or legal fees.
Pre-Development Costs. For purposes of the calculation of eligible pre-development costs as determined pursuant to the subsection 64(3) of the Royalty Regulations as modified by this Agreement:
Pre-Development Costs. Developer and MMPI incurred Pre-Development Costs prior to the Effective Date. Such Pre-Development Costs incurred prior to April 16, 2009 (the effective date of the Development Agreement) were credited against the MMPI Contribution and were documented in the Pre-Agreement Cost Report. Pre-Development Costs incurred from and after April 16, 2009 and prior to the Effective Date were reimbursable or payable in cash by the County in accordance with the terms of the Development Agreement within sixty (60) days after presentation of invoice to the County (and to the extent any such Pre-Development Costs remain unpaid as of the Effective Date, such unpaid costs shall be reimbursed or paid by the County pursuant to the terms of the Development Agreement). With respect to any Pre-Development Costs incurred by Developer or MMPI after the Effective Date, the County shall, at the County's sole option, either (a) pay directly or (b) reimburse Developer or MMPI for payment of incurred Project Costs, in each case, within sixty (60) days after receipt of a Draw Package.
