Direct Investments Clause Samples
Direct Investments. When the Fund sells or otherwise disposes of a fee simple interest in real estate, the Manager will be entitled to a fee equal to twenty-five basis points (0.25%) of the selling price.
Direct Investments. When the Fund obtains financing for real estate owned, directly or indirectly by the Fund, the Manager will be entitled to a fee equal to one percent (1.00%) of the gross amount of the financing.
Direct Investments. When the Fund acquires a fee simple interest in real estate, the Manager will be entitled to a fee equal to one percent (1.00%) if the acquisition dollar amount is greater than or equal to ten million dollars (>= $10m) and one and one half percent (1.50%) if it is less than ten million dollars (< $10m).
Direct Investments. As allowed by any applicable laws, rules, or regulations, certain of the officers and directors of the Company intend to directly offer and sell the Units to certain individuals who are familiar with the Company and/or its officers and directors (“Direct Investors”). The Underwriter agrees to allocate up to 1,500,000 Units of the Offering to Direct Investors.