Common use of Base Management Fees Clause in Contracts

Base Management Fees. In consideration of the services to be performed during the term of this Agreement by Management Company, Management Company shall be paid a periodic base management fee ("Base Management Fee") in the amount of four percent (4%) of Gross Revenues for each Accounting Period.[In the event that there are 250 or more rooms in the Hotel, the Base Management Fee shall be 3% rather than 4%] Each such periodic fee shall be paid to Management Company (or retained by Management Company as provided below) at such time as the final monthly report for such Accounting Period is submitted to Owner as provided in Section 6.02 A below.

Base Management Fees. In consideration of the services to be performed during the term Term of this Agreement by Management Company, Management Company shall be paid a periodic base management fee ("Base Management Fee") in the amount of four three percent (43%) of Gross Revenues for each Accounting Period.[In Period. [In the event that there are 250 350 or more guest rooms in the Hotel, the Base Management Fee shall be 32.5% rather than 4%of Gross Revenues.] Each such periodic fee shall be paid to Management Company (or retained by Management Company as provided below) at such time as the final monthly report for such Accounting Period is submitted to Owner as provided in Section 6.02 A below.

Base Management Fees. In consideration of the services to be performed during the term Term of this Agreement by Management Company, Management Company shall be paid a periodic base management fee ("Base Management Fee") in the amount of four [three percent (4%) 3%)][for full service hotels with more than 200 rooms][four percent (4%)][for all other hotels] of Gross Revenues for each Accounting Period.[In the event that there are 250 or more rooms in the Hotel, the Base Management Fee shall be 3% rather than 4%] Period. Each such periodic fee shall be paid to Management Company (or retained by Management Company as provided below) at such time as the final monthly report for such Accounting Period is submitted to Owner as provided in Section 6.02 A below.

Base Management Fees. In consideration of the services to be performed during the term Term of this Agreement by Management Company, Management Company shall be paid a periodic base management fee ("“Base Management Fee"”) in the amount of four three percent (43%) of Gross Revenues for each Accounting Period.[In Period. [In the event that there are 250 350 or more guest rooms in the Hotel, the Base Management Fee shall be 3% rather than 4%] Each such periodic fee shall be paid to Management Company (or retained by Management Company as provided below) at such time as the final monthly report for such Accounting Period is submitted to Owner as provided in Section 6.02 A below.2.5

Base Management Fees. In consideration of the services to be performed during the term Term of this Agreement by Management Company, Management Company shall be paid a periodic base management fee ("“Base Management Fee"”) in the amount of four [three percent (4%) 3%)][for full service hotels with more than 200 rooms][four percent (4%)][for all other hotels] of Gross Revenues for each Accounting Period.[In the event that there are 250 or more rooms in the Hotel, the Base Management Fee shall be 3% rather than 4%] Period. Each such periodic fee shall be paid to Management Company (or retained by Management Company as provided below) at such time as the final monthly report for such Accounting Period is submitted to Owner TRS as provided in Section 6.02 A below.