Common use of Prior Services Clause in Contracts

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% Carryover. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 2 contracts

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12), Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% Carryoverthe date hereof. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% Carryoverthe Date Hereof. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverDecember 31, 2002. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 9)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverJanuary 31, 2003. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverOctober 1, 2004. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 12)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverMay 1, 2004. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverJune 13, 2007. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund VI, L.P., Series 13)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment Housing. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% CarryoverJune 3, 2002. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment Housing. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment Housing. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 10)

Prior Services. Owner acknowledges that Developer has, prior to the date hereof, performed substantial development services relating to the Apartment HousingProject. Such services (the "Prior Services") have included the following. (1) Services Rendered Prior to 10% Carryover[May 1, 2003]. (A) Developer has identified a Contractor and recommended to the Owner to enter into a construction contract with the Contractor for the building of the Apartment HousingProject. (B) Developer has estimated the cost of construction; determined the construction period; prepared a monthly-estimated construction chart reflecting the construction services required each month; and prepared a preliminary Development Budget. (C) Developer has reviewed the plans and specifications for compliance with design criteria and construction contracts. (D) Developer has identified an architect and recommended to the Owner to execute an architectural contract for the planning and design of the Apartment HousingProject. (E) Developer has placed its own capital at risk in anticipation of the Apartment Housing Project being constructed, leased and Tax Credits awarded.

Appears in 1 contract

Sources: Limited Partnership Agreement (WNC Housing Tax Credit Fund Vi Lp Series 11)