Examples of Project Development Fee in a sentence
This cost will not form part of the Project Development Fee unless the Participant and WEPCo agree to the contrary.
WEPCo's performance of its obligations under Schedule 12 (Planning Matters) in respect of a specific Approved Project shall be deemed to be part of the Project Development Partnering Services and the costs incurred relative thereto shall be included as part of the Project Development Fee.
Payment of the Project Development Fee, First instalment of Upfront Amount and First initial “base Year Annual Lease Rental”, First Year Advance Annual Lease Rental, submission of Performance Security Bank Guarantee, shall be preconditions for the signing of the Authorisation Agreement.
Fee Amount Recipient Details Application Fee $250 Administrator All projects – with Complete Application Program Administration 1.25% (minimum $2,500) Administrator All projects – at closing Capital Sourcing and Project Development Fee 0.75% Administrator Waived if the Property Owner submits a Complete Application to the Administrator (i.e., does not require term sheet solicitation or lender consent support).
If the Concessionaire fails to make the Upfront Amount, Project Development Fee, Annual Premium payments, Security Deposit and Performance Security to the Authority, within the stipulated period, a penal interest @ 24% per annum will be levied on the outstanding amounts effective from and including the due date to excluding the date of payment.