Common use of Predevelopment Costs Clause in Contracts

Predevelopment Costs. The Company shall pay all predevelopment Venue Project Costs of professional services of planning, designing, engineering, establishing and developing the Entertainment Center rendered prior to the issuance of the building permit for the Entertainment Center. Once the first building permit is issued for the Entertainment Center, such costs, to the extent they are Venue Project Costs, may be reimbursed from Excess ▇▇▇▇▇▇ HOT Revenues.