Common use of Management Fees Clause in Contracts

Management Fees. (a) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased Properties, one and a half percent (1.5%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a half percent (2.5%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 5 contracts

Samples: Management and Leasing Agreement (Healthcare Trust, Inc.), Property Management and Leasing Agreement (American Realty Capital Healthcare Trust II, Inc.), Property Management and Leasing Agreement (American Realty Capital Healthcare Trust II, Inc.)

AutoNDA by SimpleDocs

Management Fees. (a) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased PropertiesProperties which are not part of a shopping center, one and a half two percent (1.52%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a half four percent (2.54%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 4 contracts

Samples: Management and Leasing Agreement (American Realty Capital Healthcare Trust III, Inc.), Property Management and Leasing Agreement (American Realty Capital Global Trust II, Inc.), Management and Leasing Agreement (American Realty Capital Global Trust II, Inc.)

Management Fees. (a) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased Properties, one and a half two percent (1.52%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of multitenant Properties, two and a half four percent (2.54%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 4 contracts

Samples: Property Management and Leasing Agreement (American Realty Capital Trust IV, Inc.), Property Management and Leasing Agreement (American Realty Capital Trust III, Inc.), Management and Leasing Agreement (American Realty Capital Trust III, Inc.)

Management Fees. (a) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased Properties, one and a one-half percent (1.5%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a one-half percent (2.5%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 2 contracts

Samples: Property Management and Leasing Agreement (American Realty Capital New York City REIT II, Inc.), Management and Leasing Agreement (American Realty Capital New York City REIT II, Inc.)

Management Fees. (am) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased PropertiesProperties which are not part of a shopping center, one and a half two percent (1.52%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a half four percent (2.54%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 1 contract

Samples: Property Management and Leasing Agreement (American Realty Capital Global Trust, Inc.)

AutoNDA by SimpleDocs

Management Fees. (am) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased Properties, one and a half percent (1.5%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a half percent (2.5%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 1 contract

Samples: Property Management and Leasing Agreement (American Realty Capital Healthcare Trust III, Inc.)

Management Fees. (a) The Owner shall pay the Manager or any of its Affiliates property management and leasing fees (the “Management Fees”), on a monthly basis, equal to: (i) with respect to stand-alone, single-tenant net leased PropertiesProperties which are not part of a shopping center, one and a half two percent (1.52%) of Gross Revenues from the Properties managed; and (ii) with respect to all other types of Properties, two and a half four percent (2.54%) of Gross Revenues from the Properties managed, plus market-based leasing commissions applicable to the geographic location of the Property. Except as otherwise set forth herein, the Owner shall also reimburse the Manager for any costs and expenses incurred by the Manager in connection with managing the Properties.

Appears in 1 contract

Samples: Property Management and Leasing Agreement (American Realty Capital Global Daily Net Asset Value Trust, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.