Asset Disposition Fee definition

Asset Disposition Fee means a one percent (1%) fee payable to the Manager or a designated Affiliate of the Manager on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Company Asset by the Company, payable at the closing of the Asset disposition.

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Asset Disposition Fee means a one percent (1%) fee payable to the Manager on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Asset by the Fund, payable at the closing of the asset disposition

Asset Disposition Fee means a fee paid to Manager upon the sale of a Company Property. Upon the sale of a Property, the Manager shall receive a fee of two percent (2%) of the real property asset sale price, including upon liquidation of the Company or the sale of all or substantially all of the Company’s assets, which shall be paid to Manager at closing of the sale of such Property.

Examples of Asset Disposition Fee in a sentence

• The Asset Acquisition Fee and Asset Disposition Fee shall be based on the purchase price of the asset in question and shall be payable at the closing of the acquisition or disposition of each Fund Asset, as the case may be, or at such later time, in arrears, as the Manager may determine in its sole discretion.

• In addition, the Manager or its affiliate shall be entitled to a one percent (1%) Asset Acquisition Fee and a one percent (1%) Asset Disposition Fee on each and every Fund Asset.

• In the event such assets are sold by a joint venture in which the Company or the Operating Partnership is a member or partner, directly or indirectly, the Asset Disposition Fee shall be an amount equal to 1.0% of the total sale price of the property sold by such joint venture, subject to the provisions set forth below.

• The Asset Disposition Fee shall be billed the month following the sale, collection or refinancing.

• For greater certainty, in the event of a sale of the Site by the SPV (but subject to the other terms and provision set out herein), CPRX shall be entitled to the Asset Disposition Fee plus its share of net sale proceeds as determined in accordance with the CPRX Factor.

More Definitions of Asset Disposition Fee

Asset Disposition Fee means a two percent (2%) fee payable to the General Partner on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Partnership Asset by the Partnership, payable at the closing of the Asset disposition.

Asset Disposition Fee means a fee, payable to Sponsor Partner by the Partnership in an amount approved in advance in writing by BIT Partner (provided, however, that BIT Partner shall not unreasonably withhold or delay its consent to a fee that is consistent with rates for similar services in the market area of the applicable Property), for services in connection with the transfer of any Property to a third party (i.e., to a Person other than either Partner or any Affiliate of either Partner).

Asset Disposition Fee means a fee paid to Manager upon the sale of a Company Asset. Upon the sale of a Company asset the Manager shall receive a fee, in an amount determined in the Manager’s sole discretion, up to and not to exceed two percent (2%) of the Company asset’s sale price, including upon liquidation of the Company or the sale of all or substantially all of the Company’s assets, which shall be paid to Manager at closing of the sale of the disposed asset.