Common use of Management Fee Rate Clause in Contracts

Management Fee Rate. The parties hereto agree that the words “so long as SBA Network Management, Inc., or an affiliated thereof, is the Manager, and otherwise shall be such amount not to exceed 10% that is agreed to by the successor manager” in the definition of “Management Fee Rate” in Section 1.1 of the Loan Agreement shall be deleted in its entirety.

Appears in 2 contracts

Sources: Loan and Security Agreement Supplement and Amendment (Sba Communications Corp), Loan and Security Agreement Supplement and Amendment (Sba Communications Corp)