Accounting Fee. In addition to the Base Management Fee, the Manager shall be paid a fee for centralized accounting services (the “Accounting Fee”) equal to $2,500 per Accounting Period during the Term of this Agreement and for one (1) Accounting Period after the termination of this Agreement. The Accounting Fee shall be increased each year in accordance with increases in the Consumer Price Index-Cities-All Urban Consumers (1982-84 — 100), issued by the Bureau of Labor Statistics of the United States Department of Labor.
Appears in 3 contracts
Sources: Hotel Management Agreement (Moody National REIT I, Inc.), Hotel Management Agreement (Moody National REIT I, Inc.), Hotel Management Agreement (Moody National REIT I, Inc.)