Common use of Special Fees Clause in Contracts

Special Fees. The Partners acknowledge and agree that the following Special Fees, to the extent not otherwise borne by the General Partner, shall be borne by the Classes of OP Units as follows: (a) 7.00% selling commission for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (b) 3.00% selling commission for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan); (c) 3.00% dealer manager fee for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (d) 2.50% dealer manager fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan), though the rate of such fee may change; and (e) 1.125%, annualized, annual distribution and shareholder servicing fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan).

Special Fees. The Partners acknowledge and agree that the following Special Fees, to the extent not otherwise borne by the General Partner, shall be borne by the Classes of OP Units as follows: (a) 7.00% selling commission for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); ) (b) 3.00% selling commission for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan); (c) 3.00% dealer manager fee for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (d) 2.503.00% dealer manager fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan), though the rate of such fee may change; and (e) 1.125%, annualized, 80% annual distribution and shareholder servicing fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan).

Special Fees. The Partners acknowledge and agree that the following Special Fees, to the extent not otherwise borne by the General Partner, shall be borne by the Classes of OP Units as follows: (a) 7.00% selling commission for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (b) 3.00% selling commission for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan); (c) 3.00% dealer manager fee for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (d) 2.50% dealer manager fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan), though the rate of such fee may change; (e) 0.67%, annualized, annual distribution and shareholder servicing fee for each Class R OP Unit (other than Class R OP Units issued in connection with Class R REIT Shares purchased through the General Partner’s distribution reinvestment plan); and (ef) 1.125%, annualized, annual distribution and shareholder servicing fee for each Class T OP Unit (other than Class T OP Units issued in connection with Class T REIT Shares purchased through the General Partner’s distribution reinvestment plan).

Special Fees. The Partners acknowledge and agree that the following Special Fees, to the extent not otherwise borne by the General Partner, Fees shall be borne by the Classes of OP Units as follows: (a) 7.00% selling commission for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); ) (b) 3.00% selling commission for each Class T C OP Unit (other than Class T C OP Units issued in connection with Class T C REIT Shares purchased through the General Partner’s distribution reinvestment plan); (c) 3.00% dealer manager fee for each Class A OP Unit (other than Class A OP Units issued in connection with Class A REIT Shares purchased through the General Partner’s distribution reinvestment plan); (d) 2.503.00% dealer manager fee for each Class T C OP Unit (other than Class T C OP Units issued in connection with Class T C REIT Shares purchased through the General Partner’s distribution reinvestment plan), though the rate of such fee may change; and (e) 1.125%, annualized, 80% annual distribution and shareholder servicing fee for each Class T C OP Unit (other than Class T C OP Units issued in connection with Class T C REIT Shares purchased through the General Partner’s distribution reinvestment plan).