Treatment of Development Costs Sample Clauses

Treatment of Development Costs. Development Costs are to be treated in accordance with the following provisions: 2.1 No Item of Expenditure counted under one head is to that extent to be counted under another; 2.2 Items of Expenditure do not include any costs where the Tenant has incurred those costs as a direct or indirect default of the Tenant, but such expenditure may only be excluded to the extent that it would not have been incurred in the absence of the default; 2.3 References to costs include proper and reasonable incidental costs, expenses and fees incurred; 2.4 References to fees include proper and reasonable incidental disbursements incurred; 2.5 Items of Expenditure are allowed only to the extent that they are reasonably and properly incurred;