Common use of Soft Costs Clause in Contracts

Soft Costs. The particular amounts which may be disbursed for each of the categories set forth in PARAGRAPHS (a) through (e) above are set forth in the Budget for the Project. Amounts in the Budget which are not listed in any of the categories set forth in PARAGRAPHS (a) through (e) above shall not be Qualified Project Expenditures and proceeds of the Loan may not be disbursed for any such costs.

Appears in 3 contracts

Samples: Loan Agreement (United Homes Inc), Loan Agreement (United Homes Inc), Loan Agreement (United Homes Inc)

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Soft Costs. The particular amounts which may be disbursed for each of the categories set forth in PARAGRAPHS (a) through (e) above are shall be set forth in the Budget for the Project. Amounts in the Budget which are not listed in any of the categories set forth in PARAGRAPHS (a) through (e) above shall not be Qualified Project Expenditures and proceeds of the Loan may not be disbursed for any such costs.

Appears in 1 contract

Samples: Loan Agreement (United Homes Inc)

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