Common use of Manager’s Remuneration Clause in Contracts

Manager’s Remuneration. 6.3.1 The Manager (other than the Owners' Committee when acting as Manager) for the performance of its duties herein shall be paid by way of remuneration an amount not exceeding the rate of 20% of the total annual Management Expenses necessarily and reasonably incurred in the course of its management of the Estate. No variation of the percentage of 20% may be made except with the approval by a resolution of Owners at an Owners’ meeting convened under this Deed.

Manager’s Remuneration. 6.3.1 The Manager (other than the Owners' ’ Committee when acting as Manager) for the performance of its duties herein shall be paid by way of remuneration an amount not exceeding the rate of 2013% of the total annual Management Expenses necessarily and reasonably incurred in the course of its proper and efficient management of the Estate. No variation of the percentage of 20% may be made except with the approval by a resolution of Owners at an Owners’ meeting convened under this Deed.

Manager’s Remuneration. 6.3.1 The Manager (other than the Owners' Committee when acting as Manager) for the performance of its duties herein shall be paid by way of remuneration an amount not exceeding equals to the rate of 2015% of the total annual Management Expenses necessarily and reasonably incurred in the course of its management of the Estate. No variation of the percentage of 2015% may be made except with the approval by a resolution of Owners at an Owners’ meeting convened under this DeedXxxx.

Manager’s Remuneration. 6.3.1 The Manager (other than the Owners' ’ Committee when acting as Manager) for the performance of its duties herein shall be paid by way of remuneration an amount not exceeding the rate of 2015% of the total annual Management Expenses necessarily and reasonably incurred in the course of its proper and efficient management of the Estate. No variation of the percentage of 20% may be made except with the approval by a resolution of Owners at an Owners’ meeting convened under this Deed.

Manager’s Remuneration. 6.3.1 The Manager (other than the Owners' Committee when acting as Manager) for the performance of its duties herein shall be paid by way of remuneration an amount not exceeding equals to the rate of 2015% of the total annual Management Expenses necessarily and reasonably incurred in the course of its management of the Estate. No variation of the percentage of 2015% may be made except with the approval by a resolution of Owners at an Owners’ meeting convened under this Deed.