Reconciliation of Final IRR. (i) Developer shall, within one hundred and eighty (180) days after the Cash Flow Distribution Termination Date, submit a final Accounting to Authority, showing Xxxxxxxxx’s cumulative IRR for the entire term of the Project through the Cash Flow Distribution Termination Date (the “Final IRR”) and all payments of Authority Consideration made to Authority hereunder (the “Final IRR Statement”). The Final IRR Statement and Accounting shall be performed and certified by an independent CPA in accordance with appropriate industry standards.
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Samples: Development Agreement, Development Agreement
Reconciliation of Final IRR. (i) 3.6.1. Developer shall, within one hundred and eighty (180) days after the Cash Flow Distribution Termination Date, submit a final Accounting to Authority, showing XxxxxxxxxDeveloper’s cumulative IRR for the entire term of the Project through the Cash Flow Distribution Termination Date (the “Final IRR”) and all payments of Authority Consideration made to Authority hereunder (the “Final IRR Statement”). The Final IRR Statement and Accounting shall be performed and certified by an independent CPA in accordance with appropriate industry standards.
Appears in 1 contract
Samples: Development Agreement
Reconciliation of Final IRR. (i) Developer shall, within one hundred and eighty (180) days after the Cash Flow Distribution Termination Date, submit a final Accounting to Authority, showing Xxxxxxxxxthe Developer’s cumulative IRR for the entire term of the Project through the Cash Flow Distribution Termination Date (the “Final IRR”) and all payments of Authority Consideration made to Authority hereunder (the “Final IRR Statement”). The Final IRR Statement and Accounting shall be performed and certified by an independent CPA in accordance with appropriate industry standards.
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