Development Proceeds definition

Development Proceeds means the sum of: (a) funds contributed or to be contributed to Borrower by Borrower's limited partner as capital contributions, equity or for any other purpose under Borrower's limited partnership agreement; and (b) the proceeds of all other financing for the Project (including under this Agreement).
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Development Proceeds means the sum of: (a) funds contributed or to be contributed to Borrower by Borrower's limited partner as capital contributions, equity or for any other purpose under Borrower's limited partnership agreement; and (b) the proceeds of all other financing for the Project.
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Development Proceeds means all funds received by Tenant from Tenant’s lenders and from applicable funding sources, together with any developer fees and the equity and capital contributions in, and loans to Tenant made by, the investors, members, shareholders, limited partners and general partners of Tenant or Xxxxxx’s affiliates with respect to the Project.
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Examples of Development Proceeds in a sentence

  • OCII has agreed to advance the amount set forth above to fund Development Expenses with the understanding that Borrower will repay the Excess Development Proceeds unless otherwise approved by MOHCD Director and OCII Executive Director as part of the Final Financial Plan approval prior to the Loan Closing Date.

  • The funds anticipated to be available to fund the planned development of the Property are as set forth on Exhibit C (the "Development Proceeds").

  • EXHIBIT C Development Proceeds Capital Contributions from Class A Members (except DAP): $11,000,000 Capital Contribution from DAP (for Class A Units): $500,000 Construction Loan: $17,250,000 Prepaid Rent (initially funded through bridge financing from a third-party lender in anticipation of receipt of Prepaid Rent): $5,100,000 TOTAL: $33,850,000 Note: All amounts are estimates.


More Definitions of Development Proceeds

Development Proceeds. ’ means cash contributed by a governmental entity to the project company raised through the sale or lease to a non-governmental for- profit entity of rights to develop, control, occupy, enter, or otherwise use for commercial purposes any real property (or the space above the physical surface of real property) adjacent or proximate to any part of a Pilot Project.
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Related to Development Proceeds

  • Development Property means a Property currently under development for use as an office or industrial building that has not become a Stabilized Property, or on which the improvements (other than tenant improvements on unoccupied space) related to the development have not been completed, provided that such a Development Property on which all improvements (other than tenant improvements on unoccupied space) related to the development of such Property have been completed for at least twelve (12) months shall cease to constitute a Development Property notwithstanding the fact that such Property has not become a Stabilized Property.

  • Development Program means the implementation of the development plan.