Maximum Management Fee definition
Maximum Management Fee means 3.0% of the gross revenues of the Property per annum.
Maximum Management Fee means 4.0% of gross revenues of the Property.
Maximum Management Fee means an amount not to exceed that amount which is reasonable and customarily incurred and paid by owners and operators of regional shopping malls in the region in which the Property is located.
Examples of Maximum Management Fee in a sentence
The per annum fees of the Approved Property Manager (in the aggregate with the Approved Leasing Agent) (including any incentive fees) shall not, at any time, exceed the Maximum Management Fee.
The per annum fees of the Approved Leasing Agent (in the aggregate, with the Approved Property Manager) (including any incentive fees), shall not, at any time, exceed the Maximum Management Fee.
More Definitions of Maximum Management Fee
Maximum Management Fee means 3.0% of the gross revenues of the Properties.
Maximum Management Fee means an amount not greater than the greater of (x) five percent (5%) per annum of Gross Income from Operations for each Asset and (y) the fee generally charged by third party managers of hotels substantially similar to such Asset (as reasonably determined by Administrative Agent) in the same region as such Asset but in no event in excess of seven percent (7%) per annum of Gross Income from Operations for each Asset. "MAXIMUM PERMITTED TRADE PAYABLES AND FF&E FINANCINGS" shall mean (x) Permitted Trade Payables which are outstanding for more than sixty (60) days and (y) FF&E Financings, in the aggregate for clause (x) and clause (y) not to exceed $350,000 per Asset and $16,537,500 for the Property.
Maximum Management Fee means with respect to each Individual Property, an amount not to exceed the management fee which would be paid to a third-party in an arms length transaction for services similar to the services to be rendered by Manager under the Management Agreement.
Maximum Management Fee means 3% of the gross revenues.
Maximum Management Fee means 5% of gross Revenue from the Property, as provided in the Management Agreement.
Maximum Management Fee means […***…] of the actual gross revenues of the Mortgaged Property. “MNPI” shall mean any material Nonpublic Information regarding the Guarantor and its Subsidiaries or the Loans or securities of any of them. For purposes of this definition “material Nonpublic Information” shall mean Nonpublic Information that would reasonably be expected to be material to a decision by any Lender to participate in any Dutch Auction or assign or acquire any Loans or to enter into any of the transactions contemplated thereby or would otherwise be material for purposes of United States Federal and state securities laws. “Moody’s” shall mean ▇▇▇▇▇’▇ Investors Service, Inc. “Mortgaged Property” shall mean, as of the Closing Date, the real property listed on Schedule 1 hereof. “Mortgage” shall mean that certain Mortgage, Assignment of Rents, Security Agreement and Fixture Filing granting a Lien on any Mortgaged Property of the Borrower, together with its interest in such property, to secure the Obligations, each in a form reasonably satisfactory to the Administrative Agent. “Net Proceeds” shall mean the aggregate cash and Cash Equivalents received by the Borrower or any of its Affiliates in respect of any Recovery Event, net of: (a) the direct costs and expenses relating to such Recovery Event, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Recovery Event, taxes paid or payable as a result of the Recovery Event, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements and (b) any reserve for adjustment or indemnification obligations in respect of the sale price of such asset or assets established in accordance with GAAP.
Maximum Management Fee means 4.0% of gross revenues of the Property. "Monthly ACL Music Venue Amount" means $350,000.00.