Share of Refinancing Gain. (i) The Developer will pay to the Department 50% of any Refinancing Gain from a Refinancing that is not an Exempt Refinancing. The Refinancing Gain will be calculated after deducting payment of (i) the Department’s Allocable Costs under Section 7.08(e) and (ii) the Developer’s Allocable Costs directly associated with the Refinancing.
Appears in 7 contracts
Samples: Comprehensive Agreement, Comprehensive Agreement, Comprehensive Agreement
Share of Refinancing Gain. (i) The Developer will pay to the Department 50% of any Refinancing Gain from a Refinancing that is not an Exempt Refinancing. The Refinancing Gain will be calculated after deducting payment of (i) the Department’s Allocable Costs under Section 7.08(e) and (ii) the Developer’s Allocable Costs directly associated with the Refinancing.7.08
Appears in 1 contract
Samples: Comprehensive Agreement
