Development Process Costs definition

Development Process Costs means, to the extent not otherwise payable by Developer hereunder, the aggregate amount of any and all costs and expenses in good faith paid, or incurred by, City and/or EDC to third parties (which aggregate amount is reduced by the Two Million Three Hundred Thousand Dollars ($2,300,000) already received by the City in connection with the RFP/Q process), in connection with the Land-Based Casino Developments, beginning with the planning and preparation of the RFP/Q including, without limitation, (i) as and to the extent set forth in SECTION 6.2(a), the services of the PM, the PM's staff and the cost of a field office; outside counsel; consulting engineers; relocation consultants; urban planners; financial advisors; and accountants; and (ii) any and all title charges, survey and appraisal costs. Development Process Costs do not include (x) Infrastructure Improvement costs; (y) Feehold Compensation; (z) salaries, overhead and other costs related to municipal or EDC employees performing their normal functions, except as and to the extent set forth in SECTION 6.2(a)(1).
Sample 1
Development Process Costs means, to the extent not otherwise payable by Developer hereunder, the aggregate amount of any and all costs and expenses in good faith paid, or incurred by, City and/or EDC to third parties, in connection with the Detroit Casino Complexes, beginning with the planning and preparation of the RFP/Q.
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Development Process Costs means, to the extent not otherwise payable by Developer hereunder, the aggregate amount of any and all costs and expenses in good faith paid, or incurred by, City and/or EDC to third parties in connection with the Detroit Casino Complexes, beginning with the planning and preparation of the RFP/Q; provided, that Development Process Costs do not include (i) Infrastructure Improvement costs or Feehold Compensation, as such terms are defined in the Amended Agreement, or (ii) any costs relating to the Riverfront Site, the condemnation, acquisition or optioning of the Riverfront Site by the City and the EDC, the relocation of businesses located therein, or any other matter related to or arising out of the foregoing, including those matters set forth in Section 3.15(d), or (iii) salaries, overhead and other costs of the City and the EDC related to municipal or EDC employees, or (iv) the cost of the City’s governmental functions.
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Examples of Development Process Costs in a sentence

  • All amounts, including Development Process Costs, owed by Developer to City and/or EDC pursuant to any provision of this Agreement shall bear interest at the Default Rate from the due date (but if no due date is specified, then fifteen (15) Business Days from demand for payment) until paid.

  • Thereafter, City and/or EDC shall invoice Developer from time to time but no more frequently than monthly for (i) its Allocable Share of Development Process Costs and (ii) to the extent City and/or EDC in their respective reasonable discretion determines that any Development Process Cost is directly attributable to a particular Land-Based Casino Development, the entire amount of such Development Process Cost, in each case incurred prior to the Completion Date.

  • Upon the Effective Date, Developer shall pay to City the sum of One Million Dollars ($1,000,000) toward its Allocable Share of the Development Process Costs.

  • CO and VOC emissions are a result of incomplete combustion, caused by conditions such as insufficient residence time or limited oxygen availability.

  • Developer shall pay such invoiced Development Process Costs within fifteen (15) Business Days from the date of the invoice.

  • Developer shall continue to pay its allocable share of the Development Process Costs pursuant to this Agreement in accordance with the procedures set forth below.

  • Developer shall continue to pay one-third (1/3) of the Development Process Costs pursuant to this Agreement in accordance with the procedures set forth below.

  • All amounts, including, without limitation, -------------- Development Process Costs and Feehold Compensation, owed by Developer to City and/or EDC pursuant to any provision of this Agreement shall bear interest at the Default Rate from the due date (but if no due date is specified, then fifteen (15) Business Days from demand for payment) until paid.

  • Upon the Effective Date, ------------------------------------ Developer shall pay to City the sum of One Million Dollars ($1,000,000) toward its Allocable Share of the Development Process Costs.

Related to Development Process Costs

  • Commercialization Costs means the sum of the following costs and expenses incurred by the Parties or their respective Affiliates, in Commercializing the Shared Products (and related Manufacturing activities) in the Territory, in each case, to the extent incurred in accordance with the Commercialization Plan and Commercialization Budget:

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Phase means the period before a vehicle type is type approved.

  • Development Activities means those activities which are normally undertaken for the development, construction, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Manufacturing Costs means [***].

  • Development Project means a project for the development of land within a

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Program means the implementation of the development plan.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Program Costs means all necessary and incidental costs of providing program services.

  • Development Work means the conduct of preclinical and clinical trials, the compilation of the regulatory dossier concerning Licensed Products and the conduct of other work necessary or useful for obtaining Regulatory Approval of Licensed Products.

  • Phase III Trial means a Clinical Trial of an investigational product in subjects that incorporates accepted endpoints for confirmation of statistical significance of efficacy and safety with the aim to generate data and results that can be submitted to obtain Regulatory Approval as described in 21 C.F.R. 312.21(c), or a comparable Clinical Trial prescribed by the relevant Regulatory Authority in a country other than the United States.

  • Phase I Trial means a clinical trial of a Licensed Product in human patients designated as a Phase I Trial and conducted primarily for the purpose of determining the safety of and/or the metabolism and pharmacologic actions of the Licensed Product in humans, as described under 21 CFR § 312.21(a) (as hereafter modified or amended) and any of its foreign equivalents. For purposes of this definition, Phase I Trial shall specifically exclude trials in healthy volunteers.

  • Development Application means the development application identified in Item 5 of Schedule 1 and includes all plans, reports models, photomontages, material boards (as amended supplemented) submitted to the consent authority before the determination of that Development Application.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Manufacturing Process means any process for—

  • Phase IIb Clinical Trial means a clinical trial of a Product on sufficient numbers of patients that is designed to provide a preliminary determination of safety and efficacy of such Product in the target patient population over a range of doses and dose regimens.

  • Phase II Trial means a clinical trial of a Licensed Product, designated as a Phase II Trial and the principal purpose of which is to make a preliminary determination that such Licensed Product is safe and active in a patient population for its intended use and is designed to obtain sufficient information about such Licensed Product’s efficacy to permit the design of a Phase III Trial(s), and generally consistent with 21 CFR § 312.21(b). For purposes of this definition, Phase II trial shall specifically exclude expansion cohorts from Phase I Trial(s).

  • Development Budget shall have the meaning set forth in Section 3.3.

  • Timeline means the list of critical dates and actions included in the Introductory Materials.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Development Schedule shall have the meaning set forth in Section 1.1.