Property Management Fee definition

Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.
Property Management Fee shall equal three percent (3%) of Base Rent due from Tenant. Tenant shall pay the Property Management Fee in accordance with Section 9.2 with respect to the entire Term, including any extensions thereof or any holdover periods, regardless of whether Tenant is obligated to pay Base Rent, Operating Expenses or any other Rent with respect to any such period or portion thereof.
Property Management Fee. A fee for property management services rendered by the Advisor or its Affiliates in connection with Properties acquired directly or through foreclosure.

Examples of Property Management Fee in a sentence

  • Property Management Fee As stated in Section 5.10 and in that certain Property Management Agreement, dated June 01, 2023 by and between Dalmore Series and Terra Mint Group Corp.

  • Our Manager or its designated Affiliate receives a Property Management Fee of $59.00 per month for each real property Asset held by a Series.

  • The Property Management Fee shall be payable in the ordinary course consistent with industry standards within the geographic community in which the Managed Real Estate is located.

  • The consideration payable to the Property Manager for managing the Series Assets will be the Property Management Fee.

  • Property Management Fee As stated in Section 5.10 and in that certain Property Management Agreement, dated June 01, 2023 by and between Woody Creek Series and Terra Mint Group Corp.


More Definitions of Property Management Fee

Property Management Fee means any fee paid to an Affiliate or third party as compensation for management of the Company's Properties as described in Section 9(c).
Property Management Fee means the management fee payable to each Property Manager pursuant to the applicable management agreement.
Property Management Fee shall equal three percent (3%) of Rent due from Tenant. Tenant shall pay the Property Management Fee (on a monthly basis) in accordance with Section 9.2 with respect to the entire Term, including any extensions thereof or any holdover periods, regardless of whether Tenant is obligated to pay Base Rent, Operating Expenses or any other Rent with respect to any such period or portion thereof. For the first three (3) months of the Term (and any period of occupancy prior to the Term as further described in Section 9.5), the Property Management Fee shall be calculated as if Tenant were paying Thirty-Eight Thousand Three Hundred Sixty-Seven and 45/100 Dollars $38,367.45 per month for Base Rent.
Property Management Fee. As defined in the Property Management Agreement.
Property Management Fee shall equal three percent (3%) of the Base Rent due from Tenant.
Property Management Fee shall equal two percent (2%) of the Basic Annual Rent due from Tenant.