Common use of Acquisition Fee Clause in Contracts

Acquisition Fee. The Advisor or its Affiliates shall receive an acquisition fee (the “Acquisition Fee”) of two percent and three quarters (2.75%) of the gross contract purchase price of each property acquired by an Advisee, including the amount of any mortgage securing such property, payable by the OP on behalf of the applicable Advisee upon consummation of the investment; provided, that, the Acquisition Fee, together with any and all Acquisition Expenses and other acquisition fees paid to the Advisor or to any third parties, whether or not affiliated with the Advisor or the Advisees, shall not exceed, in the aggregate, six percent (6.0%) of the gross contract purchase price of a particular property, including the amount of any mortgage securing such property. In the event that such acquisition fees and expenses, including the Acquisition Fee, exceed such limitation, the Acquisition Fee shall be reduced by such excess amount.

Acquisition Fee. The Advisor or its Affiliates shall receive an acquisition fee (the “Acquisition Fee”) of two percent and three quarters in an amount equal to ninety five basis points (2.750.95%) of the gross contract purchase price of each property acquired by an Advisee, including the amount of any mortgage securing such property, payable by the OP on behalf of the applicable Advisee upon consummation of the investment; providedprovided , thatthat , the Acquisition Fee, together with any and all Acquisition Expenses and other acquisition fees paid to the Advisor or to any third parties, whether or not affiliated with the Advisor or the Advisees, shall not exceed, in the aggregate, six percent five (6.05.0%) per cent of the gross contract purchase price of a particular property, including the amount of any mortgage securing such property. In the event that such acquisition fees and expenses, including the Acquisition Fee, exceed such limitation, the Acquisition Fee shall be reduced by such excess amount.

Acquisition Fee. The Advisor or its Affiliates shall receive an acquisition fee (the “"Acquisition Fee”") of two three percent and three quarters (2.753%) of the gross contract purchase price of each property acquired by an Advisee, including the amount of any mortgage securing assumed with respect to such property, payable by the OP on behalf of the applicable Advisee upon consummation of the investment; provided, that, the Acquisition Fee, together with any and all Acquisition Expenses and other acquisition fees paid to the Advisor or to any third parties, whether or not affiliated with the Advisor or the Advisees, shall not exceed, in the aggregate, six percent (6.06%) of the gross contract purchase price of a particular property, including the amount of any mortgage securing assumed with respect to such property. In the event that such acquisition fees and expenses, including the Acquisition Fee, exceed such limitation, the Acquisition Fee shall be reduced by such excess amount.