Common use of Amounts Owed Clause in Contracts

Amounts Owed. After the Termination Date, the Advisor or Sub-advisor, as applicable, shall be entitled to receive from the Company or the Operating Partnership within thirty (30) days after the Termination Date all amounts then accrued and owing to the Advisor or Sub-advisor, including all their interest in the Company’s income, losses, distributions and capital by payment of an amount equal to the then-present fair market value of the Advisor’s or Sub-Advisor’s interest, subject to the 2%/25% Guidelines to the extent applicable.

Appears in 4 contracts

Samples: Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Advisory Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Advisory Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)

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