Common use of Development Management Fee Clause in Contracts

Development Management Fee. To the General Partner (or other Affiliate of the General Partner) for the Development Management Fee (as defined below) in accordance with the 10 Development Management Agreement (as defined below) until the Development Management Fee is fully paid; then

Appears in 1 contract

Sources: Limited Partnership Agreement (Stratus Properties Inc)

Development Management Fee. To First, to the General Partner (or other Affiliate of the General Partner) for the Development Management Fee (as defined below) in accordance with the 10 Development Management Agreement (as defined below) until the Development Management Fee is has been fully paid; then. The Partners acknowledge and agree that the Development Management Fee will be paid as an expense of the Partnership, and, unless otherwise agreed to be deferred by the General Partner, will be paid before Net Cash Flow is available.

Appears in 1 contract

Sources: Limited Partnership Agreement (Stratus Properties Inc)