Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.5% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 7 contracts
Samples: Form of Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Form of Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor or an Affiliate a fee in the amount of 2.52.0% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 5 contracts
Samples: Form of Advisory Agreement (Cole Credit Property Trust II Inc), Form of Advisory Agreement (Cole Credit Property Trust II Inc), Form of Advisory Agreement (Cole Credit Property Trust II Inc)
Acquisition and Advisory Fees. The Company shall pay the Advisor Advisor, or an Affiliate, a fee in the amount of 2.52.0% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 3 contracts
Samples: Advisory Agreement (Cole Credit Property Trust III, Inc.), Advisory Agreement (Cole Credit Property Trust III, Inc.), Advisory Agreement (Cole Retail Income Trust, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor or an Affiliate of the Advisor, a fee in the amount of 2.51.0% of the Contract Purchase Price purchase price of each Asset Asset, excluding Acquisition Expenses, as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a MortgageFees. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with reasonable and shall not exceed an amount equal to six percent (6%) of the Articles of IncorporationContract Purchase Price.
Appears in 3 contracts
Samples: Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.), Form of Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.), Form of Advisory Agreement (NexPoint Hospitality Trust, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.53.0% of the Contract Purchase Price of each Asset Average Invested Assets as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a MortgageFees. The total of all Acquisition and Advisory Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 1 contract
Samples: Advisory Agreement (Behringer Harvard Real Estate Investment Trust I Inc)
Acquisition and Advisory Fees. The Company shall will pay the Advisor a fee Advisor, as compensation for the services described in the Section 4.2, Acquisition and Advisory Fees in an amount of equal to 2.5% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable Property at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making development of a MortgageProperty. The total of all Acquisition and Advisory Fees and any Acquisition Expenses shall be limited in accordance with the Articles of IncorporationCharter.
Appears in 1 contract
Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.53% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 1 contract
Samples: Form of Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.5% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a MortgageMortgage or other loan. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 1 contract
Samples: Form of Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
