Common use of Asset Management Fee Clause in Contracts

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 4 contracts

Samples: Advisory Agreement (Strategic Storage Trust IV, Inc.), Advisory Agreement (Strategic Storage Trust IV, Inc.), Advisory Agreement (Strategic Storage Trust IV, Inc.)

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Asset Management Fee. Commencing on the date hereof, the Company shall pay the Advisor an Asset Management Fee in an amount up to one-twelfth of 0.75% of the Average Invested Assets, calculated on a monthly basis as of the last day of each month for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company4.3.

Appears in 3 contracts

Samples: Advisory Agreement (Gc Net Lease Reit, Inc.), Advisory Agreement (Gc Net Lease Reit, Inc.), Advisory Agreement (Gc Net Lease Reit, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole cash, OP Units, or in part, in OP Units of the Operating Partnership Common Stock (or shares of the Companyany combination thereof).

Appears in 3 contracts

Samples: Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.), Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.), Advisory Agreement (Griffin Capital Essential Asset REIT II, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly an Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units calculated on a monthly basis as of the Operating Partnership or shares last day of each month for the Companyasset management services included in the services described in Section 4.3.

Appears in 3 contracts

Samples: Advisory Agreement (Strategic Storage Trust, Inc.), Advisory Agreement (Strategic Storage Trust, Inc.), Advisory Agreement (Strategic Storage Trust, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 10.625% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 3 contracts

Samples: Advisory Agreement (Strategic Storage Trust II, Inc.), Advisory Agreement (Strategic Storage Trust II, Inc.), Advisory Agreement (Strategic Storage Trust II, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly asset management fee (the “Asset Management Fee Fee”) in an amount equal to one-twelfth of 1% of the Average Invested AssetsCost of Assets as of the last day of the preceding monthly period. The Advisor may elect to receive the Asset Management Fee, in whole cash, OP Units, or in part, in OP Units of the Operating Partnership Common Stock (or shares of the Companyany combination thereof). The Asset Management Fee will be appropriately prorated for any partial month.

Appears in 2 contracts

Samples: Advisory Agreement (Phillips Edison Grocery Center REIT III, Inc.), Advisory Agreement (Phillips Edison Grocery Center REIT III, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a4.4(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 10.75% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the CompanyStock.

Appears in 2 contracts

Samples: Advisory Agreement (Strategic Storage Trust VI, Inc.), Advisory Agreement (Strategic Storage Trust VI, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 10.5% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 2 contracts

Samples: Advisory Agreement (Strategic Storage Growth Trust, Inc.), Advisory Agreement (Strategic Storage Growth Trust, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested AssetsCost of Assets as of the last day of the preceding monthly period. The Advisor may elect to receive the Asset Management Fee, in whole cash, OP Units, or in part, in OP Units of the Operating Partnership Common Stock (or shares of the Companyany combination thereof). The Asset Management Fee will be appropriately prorated for any partial month.

Appears in 1 contract

Samples: Advisory Agreement (Phillips Edison Grocery Center REIT III, Inc.)

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Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 10.5% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the CompanyStock.

Appears in 1 contract

Samples: Advisory Agreement (Strategic Storage Growth Trust, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly an Asset Management Fee in an amount equal to one-twelfth of 10.625% per month of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Strategic Storage Trust II, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal up to one-twelfth of 10.75% of the Average Invested Assets. The Advisor may elect to receive the Asset Management FeeFee in cash, in whole Common Units, or in part, in OP Units of the Operating Partnership Common Stock (or shares of the Companyany combination thereof).

Appears in 1 contract

Samples: Advisory Agreement (Griffin Capital Essential Asset REIT, Inc.)

Asset Management Fee. Commencing on the date hereof, the Company shall pay the Advisor an Asset Management Fee in an amount up to one-twelfth of 0.75% of the Average Invested Assets, calculated on a monthly basis as of the last day of each month for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 1% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Gc Net Lease Reit, Inc.)

Asset Management Fee. Commencing on the date hereof, for the asset management services included in the services described in Section 4.3(a), the Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to one-twelfth of 10.75% of the Average Invested Assets. The Advisor may elect to receive the Asset Management Fee, in whole or in part, in OP Units of the Operating Partnership or shares of the Company.

Appears in 1 contract

Samples: Advisory Agreement (Strategic Storage Trust IV, Inc.)

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