Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th of 1.0% of the sum of, for each and every Asset, the higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitled.
Appears in 5 contracts
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.00.75% of the sum of, for each and every Asset, the higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitled.
Appears in 5 contracts
Samples: Advisory Management Agreement (Behringer Harvard Multifamily Reit I Inc), Advisory Management Agreement (Behringer Harvard Multifamily Reit I Inc), Advisory Management Agreement (Behringer Harvard Multifamily Reit I Inc)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.00.75% of the sum of, for each and every Asset, the higher Aggregate Assets Value as of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion last day of the Asset Management Fee to which it would otherwise be entitledpreceding month.
Appears in 4 contracts
Samples: Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee in an amount equal to 1/12th of 0.575% of Aggregate Asset Value as of the last day of the month, payable on the 15th day of each month in an amount equal to 1/12 th of 1.0% of the sum of, for each and every Asset, the higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitledfollowing month.
Appears in 3 contracts
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.01% of the sum of, for each and every Asset, the higher Aggregate Assets Value as of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion last day of the Asset Management Fee to which it would otherwise be entitledpreceding month.
Appears in 3 contracts
Samples: Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.), Advisory Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.00.5% of the sum of, for each and every Asset, the higher Aggregate Assets Value as of the Cost last day of Investment or the Value of Investmentpreceding month. The AdvisorAsset Management Fee may or may not be taken, in its whole or in part as to any year, in the sole discretion, may waive, reduce or defer all discretion of the Advisor. All or any portion of the Asset Management Fee not taken as to which it would otherwise any fiscal year shall be entitleddeferred without interest and may be taken in such other fiscal year as the Advisor shall determine.
Appears in 3 contracts
Samples: Advisory Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (Behringer Harvard Reit I Inc), Advisory Agreement (Behringer Harvard Reit I I Inc)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.00.7% of the sum of, for each and every Asset, the higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitled.
Appears in 3 contracts
Samples: Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th of 1.0% of the sum of, for each and every Asset, the higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitled.
Appears in 2 contracts
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Asset Management Fee. The Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th 1/12th of 1.00.6% of the sum of, for each and every Asset, the higher Aggregate Assets Value as of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion last day of the Asset Management Fee to which it would otherwise be entitledpreceding month.
Appears in 1 contract
Asset Management Fee. The For each and every Asset, the Company shall pay the Advisor a monthly Asset Management Fee on the 15th day of each month in an amount equal to 1/12 th one-twelfth of 1.01% of the sum of, for each and every Asset, the of higher of the Cost of Investment or the Value of Investment. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Asset Management Fee to which it would otherwise be entitled.
Appears in 1 contract
Samples: Advisory Management Agreement (Behringer Harvard REIT II, Inc.)
