Common use of Total Project Cost Clause in Contracts

Total Project Cost. With regard to any Real Property acquired prior to or during the development, construction or improvement stages, all hard and soft costs and expenses paid or incurred by or on behalf of the Corporation that are in any way related to the development, construction, improvement or stabilization (including tenant improvements) of such Real Property, including, but not limited to, any debt, whether borrowed or assumed, land and construction costs.

Appears in 25 contracts

Samples: Advisory Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Advisory Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Advisory Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.)

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Total Project Cost. With regard to any Real Property acquired prior to or during the development, construction or improvement stages, all hard and soft costs and expenses paid or incurred by or on behalf of the Corporation Trust that are in any way related to the development, construction, improvement or stabilization (including tenant improvements) of such Real Property, including, but not limited to, any debt, whether borrowed or assumed, land and construction costs.

Appears in 1 contract

Samples: Advisory Agreement (Industrial Property Trust)

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