Common use of Amendment to the Fee Amount Clause in Contracts

Amendment to the Fee Amount. The parties acknowledge and agree that it may be desirable to increase the Fee Amount from time to time. The parties agree to negotiate in good faith the amount of such increase, which increase (i) may only be made if Property GP LP is then entitled to receive an equity enhancement distribution under the limited partnership agreement of the Property Partnership (the “Equity Enhancement Distribution”), and (ii) will only be payable in a Quarter if and to the extent that the increase does not result in a net increase in the Equity Enhancement Distribution and the adjusted Base Management Fee when taken together (as compared to the Equity Enhancement Distribution and Base Management Fee ignoring such increase).

Amendment to the Fee Amount. The parties acknowledge and agree that it may be desirable to increase the Fee Amount from time to time. The parties agree to negotiate in good faith the amount of such increase, which increase (i) may only be made if Property GP Special LP is then entitled to receive an equity enhancement distribution under the limited partnership agreement of the Property Partnership (the “Equity Enhancement Distribution”), and (ii) will only be payable in a Quarter if and to the extent that the increase does not result in a net increase in the Equity Enhancement Distribution and the adjusted Base Management Fee when taken together (as compared to the Equity Enhancement Distribution and Base Management Fee ignoring such increase).

Amendment to the Fee Amount. The parties acknowledge and agree that it may be desirable to increase the Fee Amount from time to time. The parties agree to negotiate in good faith the amount of such increase, which increase (i) may only be made if Property GP Special LP is then entitled to receive an equity enhancement distribution under the limited partnership agreement of the Property Partnership (the “"Equity Enhancement Distribution”"), and (ii) will only be payable in a Quarter if and to the extent that the increase does not result in a net increase in the Equity Enhancement Distribution and the adjusted Base Management Fee when taken together (as compared to the Equity Enhancement Distribution and Base Management Fee ignoring such increase).