Allowable Development Costs means any hard costs or soft costs paid or incurred with respect to Development as determined by and in accordance with the Guidelines. Prior to acceptance of the Cost Certification, DHCD shall deliver a copy of the Cost Certification to the Municipality with DHCD’s determination of the Developer’s compliance with the Comprehensive Permit Rules. The Municipality shall have the option of evaluating the report for accuracy (e.g., absence of material errors), applying the same standards as set forth herein, for a period of 30 days after receipt. Such thirty (30) day period may be extended upon the written request of the Municipality to DHCD, which request shall not be unreasonably withheld. DHCD will reasonably review any inaccuracies identified by the Municipality during this period and shall thereafter either accept or raise objections to the Cost Certification as provided in Section (g) above.
Allowable Development Costs means any hard costs or soft costs paid or incurred with respect to Development as determined by and in accordance with the Guidelines.
Allowable Development Costs shall have the meaning provided in Section 2.5.
Examples of Allowable Development Costs in a sentence
All costs and expenses incurred by or on behalf of the Parties (or their Affiliates) in connection with the conduct of any Additional Research Program(s) shall be considered Allowable Development Costs.
Owner shall have the right from time to time and no later than one hundred twenty (120) days following Completion to audit or have audited by independent accountants all actual costs associated with the Project, including, without limitation, Allowable Development Costs.
Income from the Property received prior to the Completion Date shall be used only to pay Allowable Development Costs.
Allowable Development Costs The requirements and rules of this Section IV.B relate to cost certifications undertaken for the purposes of the Act, only.
All costs and expenses incurred by or on behalf of the Parties (or their Affiliates) in connection with the conduct of the Development Transition Plan shall be considered Allowable Development Costs.
More Definitions of Allowable Development Costs
Allowable Development Costs shall have the meaning given such term in Section 21 hereof. Annual Income shall be determined in the manner set forth in 24 C.F.R. 5.609 (or any successor regulations).
Allowable Development Costs has the meaning set forth in the Financial Definitions Exhibit.
Allowable Development Costs means, collectively, the costs and expenses associated with the acquisition, development, construction, ownership, operation and maintenance of the Project through Completion to the extent provided in a line item included in the Project Budget, including, without limitation, interest, real estate taxes, marketing and other operating costs and expenses of the Project. Income from the Property received prior to the Completion Date shall be used only to pay Allowable Development Costs.
Allowable Development Costs means, with respect to a Joint Development Plan and Budget, or Additional Research Plan, in each case for a given Joint SAV Program or the PCV Program, the Development Costs actually incurred by or on behalf of a Party or its Affiliates or Sublicensees with respect to such Joint Development Plan and Budget or Additional Research Plan that are consistent with the applicable budget [***] or otherwise approved by the JSC, plus Permitted Overages. Allowable Development Costs shall not include costs or expenses of a Party or its Affiliates or Sublicensees to the extent: [***].
Allowable Development Costs means amounts incurred by a developer or a contractor for contracting, services, and materials that are used for the planning, development, and construction of a newly constructed, or moderately or substantially rehabilitated, eligible housing project that are associated with the residential portion of the project, or that are incidental or de minimis non- residential uses within the project.
Allowable Development Costs means any hard costs or soft costs paid or incurred with respect to Development as determined by and in accordance with the Guidelines. Prior to acceptance of the Cost Certification, EOHLC shall deliver a copy of the Cost Certification to the Municipality with EOHLC’s determination of the Developer’s compliance with the Comprehensive Permit Rules. The Municipality shall have the option of evaluating the report for accuracy (e.g., absence of material errors), applying the same standards as set forth herein, for a period of 30 days after receipt. Such thirty (30) day period may be extended upon the written request of the Municipality to EOHLC, which request shall not be unreasonably withheld. EOHLC will reasonably review any inaccuracies identified by the Municipality during this period and shall thereafter either accept or raise objections to the Cost Certification as provided in Section (g) above.
Allowable Development Costs means, with respect to the Development of the Licensed Product in a given period, the Development Costs incurred by a Party (or its Affiliate) for the Development of such Licensed Product pursuant to this Agreement, but solely to the extent (a) incurred by a Party (or its Affiliate) on or after the Effective Date as a cost or expense in accordance with the applicable Party’s Accounting Standards, (b) directly attributable or reasonably allocable to such Licensed Product (provided that, for clarity, costs associated with the Development of a Proprietary Combination pursuant to this Agreement and the Development Plan shall be fully allocated to the Licensed Product, including, for example, subject to Section 5.2.6(b), Clinical Trials for a Proprietary Combination to the extent set forth in the Development Plan), including, for example, Other Field-Based Materials for the Licensed Product that reference a Proprietary Combination (but excluding for clarity any Merck Proprietary Combination Outside Other Field-Based Materials and SeaGen Proprietary Combination Outside Other Field-Based Materials), and (c) within the scope of the activities set forth in the Development Plan and in accordance with the Development Budget (plus any Permitted Development Overage). 1.7 “Allowable Field Force FTE Costs” means the aggregate Field Force FTE Costs of a Party or its Affiliates pursuant to the Commercialization Plan that are directly attributable or reasonably allocable to Promotional activities for the Licensed Product for the Territory conducted by a Party’s (or its Affiliate’s) field force. 1.8 “Allowable Joint IP Costs” means Joint Patent Costs, Joint Trademark Costs and Joint IP Action Costs, in each case, incurred by or on behalf of a Party or its Affiliates in accordance with this Agreement. 1.9 “Allowable Promotion FTE Costs” means the aggregate Promotion FTE Costs of a Party or its Affiliates pursuant to the Commercialization Plan that are directly attributable or reasonably allocable to Promotion activities for the Licensed Product for the Territory. 1.10 “Ancillary Agreement” means any Merck Supply Agreement, SeaGen Supply Agreement, Promotion Agreement, European Collaboration Territory Distribution Agreement, Pharmacovigilance Agreement, Regulatory Agreement, [ * ], and any other agreement (including quality agreements) entered into by and between the Parties or their Affiliates specifically related to the Development, Manufacture or Commercialization of a Lice...