Fee Credit. Within 15 days of the end of each month in which this Agreement is in effect, ▇▇▇▇▇ REF shall credit an amount of $166,667 against all earned but unpaid fees owed to ▇▇▇▇▇ REF under this Agreement, which amount represents a reduction in the monthly fees earned by ▇▇▇▇▇ REF pursuant to this Paragraph 4 during the term of this Agreement. Notwithstanding the foregoing, if this Agreement is in effect for less than a full month, the amount credited to the Company shall be prorated to account for the percentage of the month in which this Agreement was in effect.
Appears in 2 contracts
Sources: Transition Services Agreement (Columbia Property Trust, Inc.), Consulting Services Agreement (Columbia Property Trust, Inc.)