Underwritten Management Fee definition
Underwritten Management Fee means a fee equal to __% of Effective Gross Income.
Underwritten Management Fee shall have the meaning set forth in the Construction Funding Agreement.
Underwritten Management Fee means the amount specified in Section 1.03.
Examples of Underwritten Management Fee in a sentence
Any amounts due the Manager [in excess of the Underwritten Management Fee] shall be subordinated to the payment by the Borrower of all principal of, premium, if any, and interest due on the Governmental Note, all Third Party Costs, all required deposits into the Accounts and all other amounts identified in the Assignment of the Management Agreement and all payments due under the Ground Lease.
Under the Management Agreement, the Manager shall provide certain management services and shall be entitled to receive as compensation for those services an amount not in excess of the Underwritten Management Fee.
More Definitions of Underwritten Management Fee
Underwritten Management Fee means the percentage of gross income specified on the Schedule of Financial Terms received from the Project Facilities on account of rents, service fees, late charges, penalties and other charges under Leases.
Underwritten Management Fee means the “Underwritten Management Fee” identified in the Information Schedule.
Underwritten Management Fee means the percentage of gross income specified on the
Underwritten Management Fee means a fee equal to 3.00% of Effective Gross Income.
Underwritten Management Fee means % of gross income received from the Project on account of rents, service fees, late charges, penalties and other charges under Leases.