Common use of Prior Services Rendered Clause in Contracts

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn the sum of $73,007 for services rendered prior to the December 31, 2002, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,007, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

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Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 68,646 for services rendered prior to the December 31April 30, 20022007, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,00768,646, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 58,265 for services rendered prior to the December 31June 13, 20022007, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,00758,265, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 75,000 for services rendered prior to the December 31[May 1, 20022003], that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,00775,000, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 195,000 for services rendered prior to the December 31April 29, 20022005, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,007195,000, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 40,000 for services rendered prior to the December January 31, 20022003, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,007, 40,000 under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

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Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 0 for services rendered prior to the December 31October 1, 20022004, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,0070, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 78,000 for services rendered prior to the December 31June 3, 2002, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,00778,000, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Prior Services Rendered. The Parties acknowledge and agree that Developer will earn has earned the sum of $73,007 0 for services rendered prior to the December 31, 20022003, that said amount is reasonable in relation to the work performed, is fully earned as of that date and said amount shall be paid in any event notwithstanding the termination of this Agreement. The Parties further acknowledge and agree that the Owner has accrued the Development Fee of $73,0070, under its method of accounting.

Appears in 1 contract

Samples: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

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