Finance Services. if Rancon requests Finance Services from Glenborough, then, upon the financing or refinancing of a Property, or an interest therein, Rancon shall pay Glenborough a Finance Fee equal to 1% of the gross loan amount. The Finance Fee shall be payable to Glenborough, upon written approval of Rancon, as soon as practicable after the loan refinancing proceeds have been made available to Rancon.
Appears in 4 contracts
Samples: Management and Services Agreement, Management and Services Agreement (Rancon Income Fund I), Management and Services Agreement (Rancon Realty Fund Iv)
