Common use of Compensation and Expenses Clause in Contracts

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 Asset, the Asset Manager may be granted a sourcing fee equal to 3.27% of the total aggregate amount of Series Gallery Drop 077 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

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Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 104 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.53% of the total aggregate amount of Series Gallery Drop 077 104 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 037 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.81% of the total aggregate amount of Series Gallery Drop 077 037 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 064 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.38% of the total aggregate amount of Series Gallery Drop 077 064 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 082 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.5% of the total aggregate amount of Series Gallery Drop 077 082 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 028 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.51% of the total aggregate amount of Series Gallery Drop 077 028 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 060 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.53% of the total aggregate amount of Series Gallery Drop 077 060 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 084 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.39% of the total aggregate amount of Series Gallery Drop 077 084 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 045 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.68% of the total aggregate amount of Series Gallery Drop 077 045 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 042 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.94% of the total aggregate amount of Series Gallery Drop 077 042 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 005 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.12% of the total aggregate amount of Series Gallery Drop 077 005 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 065 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273% of the total aggregate amount of Series Gallery Drop 077 065 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 009 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.63% of the total aggregate amount of Series Gallery Drop 077 009 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 071 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.45% of the total aggregate amount of Series Gallery Drop 077 071 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 067 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.54% of the total aggregate amount of Series Gallery Drop 077 067 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 059 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.36% of the total aggregate amount of Series Gallery Drop 077 059 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 040 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.49% of the total aggregate amount of Series Gallery Drop 077 040 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 007 Asset, the Asset Manager may be granted a sourcing fee equal to 3.27between 0-5% of the total aggregate amount gross proceeds from the sale of Series Gallery Drop 077 007 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 075 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.52% of the total aggregate amount of Series Gallery Drop 077 075 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 026 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.91% of the total aggregate amount of Series Gallery Drop 077 026 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 112 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.47% of the total aggregate amount of Series Gallery Drop 077 112 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 012 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.00% of the total aggregate amount of Series Gallery Drop 077 012 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 061 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.01% of the total aggregate amount of Series Gallery Drop 077 061 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 118 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.36% of the total aggregate amount of Series Gallery Drop 077 118 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 023 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.84% of the total aggregate amount of Series Gallery Drop 077 023 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 043 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.01% of the total aggregate amount of Series Gallery Drop 077 043 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 095 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.47% of the total aggregate amount of Series Gallery Drop 077 095 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 033 Asset, the Asset Manager may be granted a sourcing fee equal to 3.276.6% of the total aggregate amount of Series Gallery Drop 077 033 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 076 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.52% of the total aggregate amount of Series Gallery Drop 077 076 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 006 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.44% of the total aggregate amount of Series Gallery Drop 077 006 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 068 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.38% of the total aggregate amount of Series Gallery Drop 077 068 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 050 Asset, the Asset Manager may be granted a sourcing fee equal to 3.275.09% of the total aggregate amount of Series Gallery Drop 077 050 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 010 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.54% of the total aggregate amount of Series Gallery Drop 077 010 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 063 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.37% of the total aggregate amount of Series Gallery Drop 077 063 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 019 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.56% of the total aggregate amount of Series Gallery Drop 077 019 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 069 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.42% of the total aggregate amount of Series Gallery Drop 077 069 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 070 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.2% of the total aggregate amount of Series Gallery Drop 077 070 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 052 Asset, the Asset Manager may be granted a sourcing fee equal to 3.277.43% of the total aggregate amount of Series Gallery Drop 077 052 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 036 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.59% of the total aggregate amount of Series Gallery Drop 077 036 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As a)As compensation for sourcing the Series Gallery Drop 077 017 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.75% of the total aggregate amount of Series Gallery Drop 077 017 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 034 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.31% of the total aggregate amount of Series Gallery Drop 077 034 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 018 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.16% of the total aggregate amount of Series Gallery Drop 077 018 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 072 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.48% of the total aggregate amount of Series Gallery Drop 077 072 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 114 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.02% of the total aggregate amount of Series Gallery Drop 077 114 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 054 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.26% of the total aggregate amount of Series Gallery Drop 077 054 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 024 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.34% of the total aggregate amount of Series Gallery Drop 077 024 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 080 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.06% of the total aggregate amount of Series Gallery Drop 077 080 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 101 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.58% of the total aggregate amount of Series Gallery Drop 077 101 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 100 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.14% of the total aggregate amount of Series Gallery Drop 077 100 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 004 Asset, the Asset Manager may be granted a sourcing fee equal to 3.27between 0-5% of the total aggregate amount gross proceeds from the sale of Series Gallery Drop 077 004 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 083 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.49% of the total aggregate amount of Series Gallery Drop 077 083 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 031 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.14% of the total aggregate amount of Series Gallery Drop 077 031 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 091 Asset, the Asset Manager may be granted a sourcing fee equal to 3.27% of the total aggregate amount of Series Gallery Drop 077 091 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 092 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.59% of the total aggregate amount of Series Gallery Drop 077 092 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 029 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.85% of the total aggregate amount of Series Gallery Drop 077 029 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Collection Drop 077 002 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.22% of the total aggregate amount of Series Gallery Collection Drop 077 002 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Collection LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 039 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.98% of the total aggregate amount of Series Gallery Drop 077 039 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 044 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.24% of the total aggregate amount of Series Gallery Drop 077 044 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 049 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.26% of the total aggregate amount of Series Gallery Drop 077 049 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 058 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.05% of the total aggregate amount of Series Gallery Drop 077 058 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 102 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.95% of the total aggregate amount of Series Gallery Drop 077 102 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

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Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 099 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.53% of the total aggregate amount of Series Gallery Drop 077 099 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Collection Drop 077 001 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.20% of the total aggregate amount of Series Gallery Collection Drop 077 001 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Collection LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 110 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.59% of the total aggregate amount of Series Gallery Drop 077 110 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 025 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.44% of the total aggregate amount of Series Gallery Drop 077 025 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 047 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.08% of the total aggregate amount of Series Gallery Drop 077 047 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 008 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.50% of the total aggregate amount of Series Gallery Drop 077 008 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 074 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.13% of the total aggregate amount of Series Gallery Drop 077 074 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 106 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.44% of the total aggregate amount of Series Gallery Drop 077 106 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 115 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.87% of the total aggregate amount of Series Gallery Drop 077 115 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 087 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.61% of the total aggregate amount of Series Gallery Drop 077 087 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 073 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.4% of the total aggregate amount of Series Gallery Drop 077 073 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 014 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.61% of the total aggregate amount of Series Gallery Drop 077 014 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 015 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.50% of the total aggregate amount of Series Gallery Drop 077 015 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 085 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.54% of the total aggregate amount of Series Gallery Drop 077 085 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 088 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.53% of the total aggregate amount of Series Gallery Drop 077 088 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 079 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.36% of the total aggregate amount of Series Gallery Drop 077 079 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Collection Drop 077 003 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.09% of the total aggregate amount of Series Gallery Collection Drop 077 003 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Collection LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 057 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.08% of the total aggregate amount of Series Gallery Drop 077 057 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 097 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.38% of the total aggregate amount of Series Gallery Drop 077 097 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 113 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.47% of the total aggregate amount of Series Gallery Drop 077 113 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 089 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.38% of the total aggregate amount of Series Gallery Drop 077 089 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 107 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.23% of the total aggregate amount of Series Gallery Drop 077 107 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 046 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.66% of the total aggregate amount of Series Gallery Drop 077 046 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 021 Asset, the Asset Manager may be granted a sourcing fee equal to 3.271.14% of the total aggregate amount of Series Gallery Drop 077 021 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 051 Asset, the Asset Manager may be granted a sourcing fee equal to 3.274.61% of the total aggregate amount of Series Gallery Drop 077 051 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 109 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.43% of the total aggregate amount of Series Gallery Drop 077 109 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 098 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.71% of the total aggregate amount of Series Gallery Drop 077 098 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 055 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.48% of the total aggregate amount of Series Gallery Drop 077 055 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 096 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.29% of the total aggregate amount of Series Gallery Drop 077 096 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 027 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.31% of the total aggregate amount of Series Gallery Drop 077 027 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As a)As compensation for sourcing the Series Gallery Drop 077 016 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.05% of the total aggregate amount of Series Gallery Drop 077 016 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 103 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.98% of the total aggregate amount of Series Gallery Drop 077 103 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 022 Asset, the Asset Manager may be granted a sourcing fee equal to 3.272.06% of the total aggregate amount of Series Gallery Drop 077 022 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 081 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.62% of the total aggregate amount of Series Gallery Drop 077 081 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 066 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.49% of the total aggregate amount of Series Gallery Drop 077 066 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 002 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.74% of the total aggregate amount of Series Gallery Drop 077 002 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 116 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.57% of the total aggregate amount of Series Gallery Drop 077 116 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 090 Asset, the Asset Manager may be granted a sourcing fee equal to 3.273.58% of the total aggregate amount of Series Gallery Drop 077 090 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

Compensation and Expenses. (a) As compensation for sourcing the Series Gallery Drop 077 048 Asset, the Asset Manager may be granted a sourcing fee equal to 3.270.44% of the total aggregate amount of Series Gallery Drop 077 048 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

Appears in 1 contract

Samples: Asset Management Agreement (Otis Gallery LLC)

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