Developer Advances definition

Developer Advances means, collectively, the Developer Capital Advances and the Developer Operating Advances.

Developer Advances means, collectively, amounts advanced or incurred by Developer to pay any Eligible Costs. Developer Advances shall include, without limitation, (a) Eligible Costs paid directly or advanced by Developer, and (b) advances to the District for design and construction by the District of Eligible Improvements pursuant to a Reimbursement Agreement. Interest shall begin to accrue on Developer Advances on the date the Developer makes such Developer Advance.

Developer Advances mean advances made by the Developer to pay Actual Costs.

Examples of Developer Advances in a sentence

• The CAB Districts agree that (i) unless and until the processes set forth in Sections 10.3 and 10.4 of this CABEA have been completed, and (ii) all Developer Advances have been repaid, the Developer is a third-party beneficiary to this CABEA, and the Developer agrees to and acknowledges such as evidenced by signature below.

• To the extent no District Bonds have been issued, District Pledged Revenues on deposit with the Escrow Agent in accordance with Section 3.8 may be applied to the payment or reimbursement of Eligible Costs, including, without limitation, the payment or reimbursement of Developer Advances, plus Eligible Accrued Interest, in a maximum amount of $28,800,000, upon receipt of a requisition substantially in accordance with the requirements set forth in Exhibit C.

• The Developer has heretofore and may hereafter elect to make Developer Advances to pay Actual Costs of such Authorized Improvements.

• The Developer shall also make Developer Advances to pay for cost overruns of such Authorized Improvements (after applying cost savings).

• In the event the District has not reimbursed the Developer for any Developer Advance(s) made pursuant to this Agreement on or before December 31, 2051, any amount of principal and accrued interest outstanding on such date shall be deemed to be forever discharged and satisfied in full.

More Definitions of Developer Advances

Developer Advances means, collectively, amounts advanced or incurred by the Developer to pay any Eligible Costs. Developer Advances shall include, without limitation, (a) Eligible Costs paid directly or advanced by the Developer, (b) advances to the District for design and construction by the District of Eligible Improvements, and (c) Authority Reimbursable Costs (as defined in the Agreement to Negotiate) from the Developer to the Authority in compliance with the requirements of the Agreement to Negotiate. All Developer Advances to the District must be made in accordance with the provisions of the Reimbursement and Infrastructure Acquisition Agreement.

Developer Advances means, collectively, amounts advanced or incurred by Developer to pay any Eligible Costs.

Developer Advances mean monetary advances made by Developer to pay PID Project Costs.

Developer Advances mean advances made by Developer to pay PID Project Costs. “Developer Continuing Disclosure Agreement” means the Continuing Disclosure

Developer Advances means amounts advanced by the Developer, with the prior written consent of the City, to pay the costs of acquiring, constructing or installing Eligible Public

Developer Advances means amounts advanced by the Developer, with the prior written consent of the City, to pay the costs of acquiring, constructing or installing Eligible Public Improvements. If a Developer Advance is not approved by the City, the Developer shall not be entitled to reimbursement from the City or the Authority for any interest accruing on such Developer Advance. The Developer is not obligated hereunder to make any Developer Advances to finance Eligible Costs, provided, however, that the Developer has agreed to finance all costs of acquiring, constructing or installing Eligible Public Improvements to the extent such costs exceed the Cap Amount.

Developer Advances means any funds advanced for eligible improvements by the Developer pursuant to this Agreement and shall include any interest payable thereon as prescribed in this Agreement