Developer’s Project Fee Sample Clauses

Developer’s Project Fee. (i) Developer agrees and acknowledges that it shall pay to the City the sum of the Developer’s Minimum Load Fee and, to the extent applicable, the Developer’s Additional Load Fee (the “Developer’s Project Fee”). (ii) The City agrees that Developer will not be required to make payments in excess of the Developer’s Project Fee in order for the City to complete the construction of the Substation, the Subtransmission Facilities and the Distribution Facilities; provided, that Developer shall still be required to pay any customary fees necessary to develop and energize the Property, including permits and application fees. (iii) Developer acknowledges that the Developer’s Project Fee does not include any on-site charges including but not limited to infrastructure, switches, switch pads, transformers, transformer vaults, metering, engineering, inspections, and on-site cable and equipment for any actual work on the Property and that such fees and costs shall require Developer paying additional amounts to the City for such items.
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Developer’s Project Fee. (i) ▇▇▇▇▇▇▇▇▇ agrees and acknowledges that it shall pay to the City the sum of the Developer’s Minimum Load Fee and, to the extent applicable, the Developer’s Additional Load Fee, (collectively, the “Developer’s Project Fee”) in the form of aid-in- construction payments (“AIC Payments”). (ii) The City agrees that Developer will not be required to make AIC Payments in excess of the Developer’s Project Fee and True-up in order for the City to complete the Distribution Facilities; provided, that Developer shall still be required to pay any other customary fees necessary to develop and energize the Property, including permits and application fees. (iii) Developer acknowledges that the Developer’s Project Fee does not include any off-site substructure charges (i.e., installation of conduits, manholes, and resurfacing) or on-site charges, including, but not limited to, infrastructure, switches, switch pads, transformers, transformer vaults, metering, inspections, and on-site cable and equipment for any actual work on the Property and that such fees and costs incurred for such items shall require Developer to pay additional amounts to the City for such items.
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Related to Developer’s Project Fee

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Development Fee A fee for the packaging of a Property or Mortgage, including the negotiation and approval of plans, and any assistance in obtaining zoning and necessary variances and financing for a specific Property, either initially or at a later date.

  • CONTRACT FEE An annual charge for administration expenses made on each contract anniversary prior to the Maturity Date.

  • Subcontract Costs Payments made by the Construction Manager to Subcontractors in accordance with the requirements of the subcontracts and this Agreement.