Common use of Share of Net Cash Flow Clause in Contracts

Share of Net Cash Flow. (i) Until the IRR Statement shows that Developer has achieved an average IRR of more than 18.00% over the Reporting Period, all Net Cash Flow shall be distributed to Developer.

Appears in 3 contracts

Samples: Development Agreement, Disposition and Development Agreement, Development Agreement

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Share of Net Cash Flow. (i) 3.3.1. Until the IRR Statement shows that Developer has achieved an average IRR of more than 18.00% over the Reporting Period, all Net Cash Flow shall be distributed to Developer.

Appears in 1 contract

Samples: Development Agreement

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