Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.5% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 7 contracts
Samples: Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor or an Affiliate a fee in the amount of 2.52.0% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 5 contracts
Samples: Advisory Agreement (Cole Credit Property Trust II Inc), Advisory Agreement (Cole Credit Property Trust II Inc), Advisory Agreement (Cole Credit Property Trust II Inc)
Acquisition and Advisory Fees. The Company shall pay the Advisor Advisor, or an Affiliate, a fee in the amount of 2.52.0% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 3 contracts
Samples: Advisory Agreement (Cole Credit Property Trust III, Inc.), Advisory Agreement (Cole Retail Income Trust, Inc.), Advisory Agreement (Cole Credit Property Trust III, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.53% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a Mortgage. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 1 contract
Samples: Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Acquisition and Advisory Fees. The Company shall pay the Advisor a fee in the amount of 2.5% of the Contract Purchase Price of each Asset as Acquisition and Advisory Fees payable at the time and in respect of funds expended for (i) the acquisition of an Asset, (ii) to the extent that such funds are capitalized, for the development, construction or improvement of an Asset, or (iii) the making of a MortgageMortgage or other loan. The total of all Acquisition Fees and any Acquisition Expenses shall be limited in accordance with the Articles of Incorporation.
Appears in 1 contract
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
