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exceed Twenty -Five Thousand Dollars ($25,040) per year, increased annually by CPI (but in no event by more than CPI); (ii) a limited partner asset management fee payable to the Investor Limited Partner in an amount not to exceed Five Thousand Dollars ($5,000) per year, increased annually by CPI {but in no event by more than CPI); and (iii) an annual audit fee in and for any calendar year. In no event shall the fees for i and (ii) above cumulatively exceed Th i rt Thousand Dollars 0*00 in any one year (exclusive of the CPI adjustment allowed per i and (H) above.) In the event insufficient Annual Project Revenues exist to provide for payment of all or part of the specific Partnership Related Fee listed ah o v , no interest shall accrue on the unpaid portions of such Partnership Related ated Fees , but the unpaid balance ill be added to the Partnership Related Fees due in the following gear. "Residual Receipts' hall mean Annual Project n u for the applicable Phase less the sum of: (i) Operating Expenses; (H) Debt Service; (iii) Reserve Deposits to the Capital Replacement Reserve; (iv) Partnership Related Fees; (v) unpaid Tax CrecLit adjustment arnou n t s, if any (after review and reasonable verification by Agency Executive Director of documents provided by Developer showing propriety of such wnounts and payments); (vi) repayment of loans, if any, made by the limited partner of Developer, i nelu ding interest at the Applicable Federal Rate (the proprietor of any such l o are must be reasonably verified by Agency Executive Direc tor) ; (vii) property management fee for the Project which remains unpaid after payment of Operating Expenses, i f any; (viii) Deferred Developer Fee for the Project which remains u np aid x if anon, including interest at the Applicable Federal Rate, if applicable, and subject to Section 203, et seq.; (ix) Repayment of outstanding development and operating loans, if any, made by the administrative and/or managing general partners and/or the Guarantors to the Project, including interest at the Applicable Federal Rate (the propriety of any such loans pursuant to the terms of the Partnership Agreement must be reasonably verified by Aaency Executive Director); ATTACHMENT ISO. B -4 D OC S CV 1400673v 14/200272 -000 1