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exceed T~~enty~Fi~e Tl~ousand Dollars ~~2~,000~ per year, increased a1~n~~ally CPI abut ~n no <br /> cent by more tl~an CPI}, <br /> iii} a lin.~ited pal•tner asset n~anagelnelit fee payable to the Investor Lit~~ted <br /> Par•fnel• in an amaunt llot to ea~ceed Fire Thousand Dollars ~~~000~ per year, il~c~•eased a~~nually <br /> by CPI {bit in no event by mode than CPS}; at~d <br /> {iii} an anl~ual a~zdit fee in alld for any calex~dal~ year. <br /> In no event shall the fees for and X11} above cu~ulatl~ely exceed T1111`ty <br /> Tho~~sal~d Dollars ~30,000~ il~ at~y one year exclusive oftl~e CPI adj~rstmel~t allowed per ~i~ and <br /> iii} above.} ill tl~e e~el~t illsuff <br /> icient Annrlal Project R~4'~17u~S ~lst provide for payrrrerlt of all <br /> ol• pant of the specific Pa~~tnership Related Fees listed above, loo interest shall accl•ue ~lZ tl~e <br /> ~~llpald pol~t~ons s~~ch Pal~t~aership Related Foes, bc~t the unpaid balal~ce gill be added to the <br /> Partl~erslilp Related Fees due 11~ tl~e follo~v~ng ~eal•, <br /> "~esrt~rrrr~.Reei}~fs" shall l~nean Annual Project Re~re~~~~e for the applicable Please <br /> less tl~e sum of: <br /> {i~ ~perat~t~ P~xpenses; <br /> Debt er~r~ce; <br /> ~iii~ Reserve Deposits to tl~e Capital Replacel~relt Reserve; <br /> ~i~} Partnership Related ~`ecs; <br /> unpaid Tai Credit adjustment alnaunt, if al~y ~aftel• 1•evier~ arld <br /> ~•easonable serif <br /> icatioi~ b~ Ael~c~~ ~~eci~t~~e Diriector of doc~~~~ents l~ro~ic~ed bar De~elo~er <br /> sllo~vin props"Iety ofs~~ch zo~rnts and paymcrlts}; <br /> Zvi} ~•epay~~el~t of loal~s, if any made by tl~e lil~nited partt~er~s~ of <br /> Developer, il~cl~~ci~~ il~terest t tl~e Applicable Federal Rate ~t~le p~•opriety of ar~y such loans <br /> trust be 1•easol~ably ~reri~ed by Ael~cy xec~ati~e Director; <br /> ~v~~} propel~~y managen~e~~t fee for the Project v~hicl~ 1•elllaills ~lnpaid <br /> aftel• payment of Dpel•a.tin ~xpel~ses, if al~~~; <br /> ~~lll~ Deferred Developel• Fee fol• tl~e Project ~vl~ich remaills lznpaid, ~f <br /> al~y, incl~ldit~ il~telest at tl~e Applicable Fedel•al Rate, if applicable, and s~~bject to ectiol~ X03, <br /> et seq.; <br /> ~ix~ Repayment of outstanding de~~eloplnelit and operating loans, if <br /> at~y, made by the adll~llllstrati~e andlor managing genet•al pal•t~Yers andlor the ttarat~tors to the <br /> Project, including interest at the Applicable Federal Rate ~tl~e pl•opriety of any sucl~ Loans <br /> p~r~•suant to the terms of the Partnersl~ip Az~een~ent mltst be 1•easonably ~el•ified by Agency <br /> xec~~ti~re Dit•ector; <br /> ATTACI-I~~~' <br /> <br /> ~OC~DC1~ ~~DG~~v 13i~4~27~•~~~1 <br /> <br />