Common use of Dissolution Services Clause in Contracts

Dissolution Services. Rancon shall pay Glenborough a Dissolution Fee in the amount of $250,000, which fee is payable in advance on the date all assets are sold or upon the transfer of the assets.

Appears in 2 contracts

Sources: Property Management and Services Agreement (Rancon Realty Fund Iv), Property Management and Services Agreement (Rancon Realty Fund V)

Dissolution Services. Rancon shall pay Glenborough a Dissolution Fee in the amount of $250,00060,000, which fee is payable in advance on the date all assets are sold or upon the transfer of the assets.

Appears in 2 contracts

Sources: Property Management and Services Agreement, Property Management and Services Agreement (Rancon Income Fund I)