Common use of Program Administration Fee Clause in Contracts

Program Administration Fee. A fee equal to 2.6% of the project finance amount (not to exceed $75,000 per project) shall be included in each project to be paid by the Property Owner. Such fee shall be disbursed by the QCP to the PA at the time of project finance closing.

Appears in 4 contracts

Samples: Participation Agreement, Participation Agreement, Participation Agreement

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Program Administration Fee. A fee equal to 2.62.25% of the project Project finance amount (subject to a minimum fee of $5,000 and not to exceed $75,000 50,000 per projectProject) shall be included in each project Project to be paid by the Property Owner. Such fee shall be disbursed by the QCP to the PA at the time of project Project finance closing.

Appears in 1 contract

Samples: Participation Agreement

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Program Administration Fee. A fee equal to 2.62.5% of the project finance amount (not to exceed $75,000 50,000 per project) shall be included in each project to be paid by the Property Owner. Such fee shall be disbursed by the QCP to the PA at the time of project finance closing.

Appears in 1 contract

Samples: Participation Agreement

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