Annual Monitoring Fee. The Company will pay you an annual monitoring fee of 0.15%. The Annual Monitoring Fee will be paid to compensate you for your continuing due diligence, for expenses incurred in maintaining and providing information about the Company to your representatives and clients, and for the cost incurred in maintaining the Company's investor accounts. No portion of the annual Monitoring Fee for any year shall accrue in or be payable for such years in which we are liquidated or in which the shares become publicly traded. You may, in your sole discretion, reallow all or any part of the Monitoring Fee to the Selected Dealers. Notwithstanding the foregoing, the Company will not pay the portion of the annual Monitoring Fee for any year which if paid would cause the total underwriting compensation paid to you in connection with this Offering, including selling commissions, expense reimbursements and the annual Monitoring Fee, to exceed 10% of the Gross Offering Proceeds.
Appears in 1 contract
Samples: Sales Agency Agreement (Corporate Property Associates 15 Inc)
Annual Monitoring Fee. The Company will pay you an annual monitoring fee of 0.15%. The Annual Monitoring Fee will be paid to compensate you for your continuing due diligence, for expenses incurred in maintaining and providing information about the Company to your representatives and clients, and for the cost incurred in maintaining the Company's investor accounts. No portion of the annual Monitoring Fee for any year shall accrue in or be payable for such years in which we are liquidated or in which the shares become publicly traded. You may, in your sole discretion, reallow all or any part of the Monitoring Fee to the Selected Dealers. Notwithstanding the foregoing, the Company will not pay the portion of the annual Monitoring Fee for any year which if paid would cause the total underwriting compensation paid to you and the Sponsor in connection with this Offering, including selling commissions, expense reimbursements and the of an annual Monitoring Fee, to exceed be equal to or greater than 10% of the Gross Offering Proceeds.
Appears in 1 contract
Samples: Sales Agency Agreement (Corporate Property Associates 15 Inc)
Annual Monitoring Fee. The Company will pay you an annual monitoring fee of 0.15____%. The Annual Monitoring Fee will be paid to compensate you for your continuing due diligence, for expenses incurred in maintaining and providing information about the Company to your representatives and clients, and for the cost incurred in maintaining the Company's investor accounts. No portion of the annual Monitoring Fee for any year shall accrue in or be payable for such years in which we are liquidated or in which the shares become publicly traded. You may, in your sole discretion, reallow all or any part of the Monitoring Fee to the Selected Dealers. Notwithstanding the foregoing, the Company will not pay the portion of the annual Monitoring Fee for any year which if paid would cause the total underwriting compensation paid to you and the Sponsor in connection with this Offering, including selling commissions, expense reimbursements and the of an annual Monitoring Fee, to exceed be equal to or greater than 10% of the Gross Offering Proceeds.
Appears in 1 contract
Samples: Sales Agency Agreement (Corporate Property Associates 15 Inc)
Annual Monitoring Fee. The Company will pay you an annual monitoring fee of 0.15%% of the gross offering proceeds. The Annual Monitoring Fee will be paid to compensate you for your continuing due diligence, for expenses incurred in maintaining and providing information about the Company to your representatives and clients, and for the cost incurred in maintaining the Company's investor accounts. No portion of the annual Monitoring Fee for any year shall accrue in or be payable for such years in which we are liquidated or in which the shares become publicly traded. You may, in your sole discretion, reallow all or any part of the Monitoring Fee to the Selected Dealers. Notwithstanding the foregoing, the Company will not pay the portion of the annual Monitoring Fee for any year which if paid would cause the total underwriting compensation paid to you in connection with this Offering, including selling commissions, expense reimbursements and the annual Monitoring Fee, to exceed 10% of the Gross Offering Proceeds.
Appears in 1 contract
Samples: Sales Agency Agreement (Corporate Property Associates 15 Inc)