Common use of Construction Supervisory Fee Clause in Contracts

Construction Supervisory Fee. Manager shall also be entitled to a construction supervisory fee at the customary market level with regard to any tenant improvements and construction matters relating to the Properties.

Appears in 1 contract

Sources: Management Agreement (Philips International Realty Corp)

Construction Supervisory Fee. Manager shall also be entitled to a construction supervisory fee at the customary market level with regard to any tenant improvements and construction matters relating to the Properties; provided, however, that such fee shall not exceed 10% of the cost of such project.

Appears in 1 contract

Sources: Management Agreement (Philips International Realty Corp)