Common use of Financing Coordination Fee Clause in Contracts

Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if an Advisor or an Affiliate provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, the Advisor or Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.

Appears in 4 contracts

Samples: Advisory Agreement (Rich Uncles REIT, Inc.), Advisory Agreement (Rich Uncles REIT, Inc.), Advisory Agreement (Rich Uncles REIT, Inc.)

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Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if an Advisor or an Affiliate provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, then the Company shall pay to the Advisor or such Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.

Appears in 4 contracts

Samples: Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.), Advisory Agreement (Rich Uncles NNN REIT, Inc.)

Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property Property concurrent with its acquisition, if an Advisor the Services Provider or an Affiliate any of its Affiliates provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, then the Advisor Company shall pay to the Services Provider or such Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.

Appears in 2 contracts

Samples: Real Estate Services Agreement (Escalate Wealth REIT I), Real Estate Services Agreement (Escalate Wealth REIT I)

Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property Property concurrent with its acquisitionacquisition or financing provided by the Advisor or any of its Affiliates, if an Advisor the Services Provider or an Affiliate any of its Affiliates provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, then the Advisor Company shall pay to the Services Provider or such Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.

Appears in 1 contract

Samples: Real Estate Services Agreement (Future of Housing Fund, Inc.)

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Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if an Advisor or an Affiliate provides a substantial amount of the services (as determined by a majority of the Independent DirectorsTrust Managers) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, the Advisor or Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.

Appears in 1 contract

Samples: And Restated Advisory Agreement (Rich Uncles Real Estate Investment Trust I)

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