Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 2 contracts
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of the fees and the high cost adjustment, which is approximately $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement200,000.
Appears in 2 contracts
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6), Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")319,907. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this AgreementAgreement and the assignment of all development rights for the Project, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")180,000. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")408,500. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 106,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 574,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")228,344. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 425,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")300,210. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 291,329 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 142,580 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 160,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")164,800. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Operating Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 586,600 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the aggregate amount of $200,000 456,339 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")225,077. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")159,544. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 390,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")513,418. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 400,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 209,124 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 551,230 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")172,195. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 161,040 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")300,700. The Development Fee shall be payable in accordance with Section 3 of this Agreement.. 2
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 975,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in equal to the amount greater of $200,000 ("Development Fee")279,756 or 15% of total development costs. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of Fee, including Developer overhead, $200,000 ("Development Fee")155,000. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 605,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")1,350,000. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of the fees and the high cost adjustment, which is approximately $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement139,000.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this AgreementAgreement and the assignment of all development rights for the Project, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")231,000. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 475,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 343,232 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 375,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 539,308 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 150,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")314,319. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")317,816. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 166,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")263,501. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 124,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 360,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay to the Developer a Development Fee in an amount equal to 6.99% of the amount total eligible basis (acquisition plus rehabilitation, new construction) before the addition of the fees and the high cost adjustment, which is approximately $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement60,000.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this AgreementAgreement and the assignment of all development rights for the Project, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")245,610. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 6)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 555,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")47,986. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay to the Developer a Development Fee in an amount equal $153,250 or the maximum amount of $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreementallowable by the State Tax Credit Agency.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 ("Development Fee")133,553. The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 5)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay to the Developer a Development Fee in an amount equal $240,000 or the maximum amount of $200,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreementallowable by the State Tax Credit Agency.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 8)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 340,402 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 167,153 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 7)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 330,000 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement. The Development Fee shall be paid 47.5% to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Co., Inc., 47.5% to ▇.▇. ▇▇▇▇▇▇▇ Co., Inc., and 5% to ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)
Development Fee. In consideration of Developer's prior activities and Developer's agreement to provide development services during the term of this Agreement, Owner agrees to pay the Developer a Development Fee in the amount of $200,000 59,458 ("Development Fee"). The Development Fee shall be payable in accordance with Section 3 of this Agreement.
Appears in 1 contract
Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)