Common use of After Stabilization Clause in Contracts

After Stabilization. After the Stabilization Date, Owner shall pay Manager an annual fee (payable on a monthly basis) equal to three percent (3.00%) of the Project Income.

Appears in 4 contracts

Samples: Management and Leasing Agreement (Maguire Properties Inc), Management and Leasing Agreement (Maguire Properties Inc), Management and Leasing Agreement (Maguire Properties Inc)

AutoNDA by SimpleDocs

After Stabilization. After the Stabilization Date, Owner shall pay Manager an annual fee (payable on a monthly basis) equal to three percent (3.00%) of the Project IncomeIncome (excluding any Project Income attributable to portions of the Project separately managed by third parties).

Appears in 2 contracts

Samples: Management and Leasing Agreement (Maguire Properties Inc), Management and Leasing Agreement (Maguire Properties Inc)

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