Liquidation Fees. If the Company is dissolved, the Manager shall receive a liquidation fee equal to 1.50% of the gross sales price of the assets sold in connection with the liquidation of the Company's directly or indirectly owned assets.
Appears in 2 contracts
Samples: Management Agreement (Charter Municipal Mortgage Acceptance Co), Management Agreement (Charter Municipal Mortgage Acceptance Co)
Liquidation Fees. If the Company is dissolved, the Manager Advisor shall receive a liquidation fee equal to 1.50% of the gross sales price of the assets sold in connection with the liquidation of each Advisee's assets supervised by the Company's directly or indirectly owned assetsAdvisor.
Appears in 1 contract
Liquidation Fees. If the Company is dissolved, the Asset Manager shall receive a liquidation fee equal to 1.50% of the gross sales price of the assets sold in connection with the liquidation of the Company's directly or indirectly owned assets. Liquidation fees shall be payable by the Company upon the consummation of the liquidation.
Appears in 1 contract
Samples: Management Agreement (Charter Municipal Mortgage Acceptance Co)
