Common use of Development Management Fee Clause in Contracts

Development Management Fee. As compensation for Development Manager's services rendered in connection with the Parking Garage Project, DSA shall pay to Development Manager a "Development Management Fee" in the amount of four percent (4%) of the total hard and soft costs incurred with respect to the Parking Garage Project.

Appears in 3 contracts

Sources: Development Management Agreement, Development Management Agreement, Phase 1 Project Development Agreement