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)