Project Development Fee. For its services under this Agreement related to any particular Project, in addition to interest earned on the Project Preliminary Development Loan, Lakes shall receive a fee equal to (a) three (3%) percent of Project Costs ("Development Fixed Fee") and (b) ) a flat fee of $5,000 per month for one hundred twenty (120) months in accordance with the payment terms described in Section 7.2.("Monthly Consulting Fixed Fee") (collectively the "Project Development Fee").
Project Development Fee. The Authority shall pay the Project Development Fee to hubco. The due date for payment of the Project Development Fee shall be the date of the Authority's receipt of the relevant invoice. Within 5 days after the due date for payment the Authority's Representative shall issue a payment notice detailing the sum that the payer considers to be or to have been due at the payment due date and the basis on which that sum is calculated. The final date for payment shall be 5 days after the due date.35 Applications for Payment No later than each Application Date, hubco shall make an application ("Application for Payment") to the Authority’s Representative for an interim certificate of payment in respect of that Relevant Month. Each Application for Payment shall be in accordance with Clause 27.3 below and include such supporting information and documentation as is reasonably required by the Authority in order to prepare and issue an Interim Certificate (as defined in Clause 27.5). The payment due date for an Interim Certificate (as defined in Clause 27.5) in respect of a Relevant Month shall be the Application Date (the "Due Date").
Project Development Fee. A sum of $1,600.00 to process each application for the Program Funds.
Project Development Fee. (a) If the project development fee of USD 86,795 (US eighty six thousand seven hundred and ninety five), as set out in the LOA (the Project Development Fee) has not been paid by the Project SPV or the Selected Bidder on or before the date of this Agreement, then the Project SPV shall or shall cause the Selected Bidder to pay IFC the Project Development Fee within 7 Days of the date of this Agreement.
Project Development Fee. (a) The Concessionaire shall pay the IFC a fee (the Project Development Fee) that is the higher of:
Project Development Fee. 31.1 Within five (5) days of the Execution Date, the Concessionaire shall pay to IFC, a project development fee of [•] (the "Project Development Fee"). [Note:this provision may be amended ).]
Project Development Fee. A fee of One Hundred Fifty Thousand and No/100 Dollars ($150,000).upon Contractor’s completion of all work required in the Phase 1 (the “Project Development Fee”).
Project Development Fee. The Authority shall pay the Project Development Fee to hubco within [ ] Business Days of the later of the Execution Date and receipt by the Authority of a valid invoice therefor.33
Project Development Fee. The Selected Bidder shall be required to make a non refundable payment for an amount of Rs.1.75 Crs.
Project Development Fee. The Concessionaire has made payment of Rs.5,00,000/- (Rupees five lakhs only) plus applicable GST towards the project development fee (the “Project Development Fee”) to the Authority in from of demand draft from nationalised or scheduled bank in India in favour of “Chief Administrator, Amritsar Development Authority” payable at Amritsar dated ; towards the expenditure incurred by the Authority for carrying out the required feasibility studies, finalization of development proposal for the project, consultancy fees paid, preparation of bid document and other expenses incurred on the Project.
