Compensation of the Co-Advisor. In consideration for the Co-Advisor’s services hereunder, with respect to each Term Year (as defined herein), the Advisor shall pay the Co-Advisor the fee described herein, payable quarterly in arrears (within five (5) business days of when fees are paid by the Company to the Advisor, but in no event more than thirty (30) calendar days following the applicable calendar quarter with respect to which such fees are payable).
Appears in 4 contracts
Samples: Advisory Agreement (NorthStar Real Estate Capital Income Master Fund), Advisory Agreement (NorthStar Real Estate Capital Income Fund-T), Advisory Agreement (NorthStar Real Estate Capital Income Master Fund)