Development Expenses

Example Definitions of "Development Expenses"
Development Expenses. Shall mean all expenses incurred, directly or indirectly, by Purchaser in connection with the ownership, development, management and selling of the Seller Real Estate and the CHP Real Estate, including, but not limited to, property taxes, fees paid to developers or managers, and sales closing expenses (exclusive, however, of any such expenses incurred by CHP directly).
Development Expenses. Mean the cost of labor and material associated with the development of the Devices incurred by ASIP, as further specified in Section 4.1.
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