Common use of Qualified Expenditures Clause in Contracts

Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Thousand and No/100 Dollars ($20,000.00) by December 31, 2024.

Appears in 2 contracts

Samples: Performance Agreement, Performance Agreement

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Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Thirty-Five Thousand and No/100 Dollars ($20,000.0035,000.00) by December 31, 20242023. Further, the Qualified Expenditures must remain operational during the Term of this Agreement.

Appears in 2 contracts

Samples: Performance Agreement, Performance Agreement

Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Thousand Four Million and No/100 Dollars ($20,000.004,000,000.00) by December 31, 2024.

Appears in 1 contract

Samples: Performance Agreement

Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Two Million Five Hundred Thousand and No/100 Dollars ($20,000.002,500,000.00) by December 31, 2024.

Appears in 1 contract

Samples: Performance Agreement

Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Thousand and No/100 Dollars ($20,000.00) by December 31, 20242025.

Appears in 1 contract

Samples: Performance Agreement

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Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Two Million Five Hundred Thousand and No/100 Dollars ($20,000.002,500,000.00) by December 31April 1, 202420242023.

Appears in 1 contract

Samples: Performance Agreement

Qualified Expenditures. Developer covenants and agrees to submit to the BCDC invoices, receipts, or other documentation in a form acceptable to the BCDC for the Qualified Expenditures made to the Property or for the promotion of the Property in a minimum amount of Twenty Five Hundred Thousand and No/100 Dollars ($20,000.00500,000.00) by December 31, 2024. Developer covenants and agrees said construction of the Qualified Expenditures shall comply with all federal, state and local statutes, rules, regulations, and ordinances.

Appears in 1 contract

Samples: Performance Agreement

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