Acquisition and Advisory Fees. The Company shall pay the Advisor or an Affiliate of the Advisor, a fee in the amount of 1.0% of the purchase price of each Asset, excluding Acquisition Expenses, as Acquisition and Advisory Fees. The total of all Acquisition Fees and any Acquisition Expenses shall be reasonable and shall not exceed an amount equal to six percent (6%) of the Contract Purchase Price.
Appears in 3 contracts
Samples: Advisory Agreement (NexPoint Hospitality Trust, Inc.), Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.), Advisory Agreement (Nexpoint Multifamily Realty Trust, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor or an Affiliate of the Advisor, a fee in the amount of 1.03.0% of the purchase price of each Asset, excluding Acquisition Expenses, Average Invested Assets as Acquisition and Advisory Fees. The total of all Acquisition and Advisory Fees and any Acquisition Expenses shall be reasonable and shall not exceed an amount equal to six percent (6%) limited in accordance with the Articles of the Contract Purchase PriceIncorporation.
Appears in 1 contract
Samples: Advisory Agreement (Behringer Harvard Real Estate Investment Trust I Inc)
