Compensation and Expense Reimbursement. 9.1. For each Property for which Manager provides property management services, Owner shall pay Manager a monthly management fee equal to four percent (4.0%) of the Gross Receipts for that given month, payable from that month’s receipts, in each case unless a different fee is described in the Property Addendum for that Property.
Appears in 2 contracts
Samples: Master Property Management Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Master Property Management Agreement (Phillips Edison Grocery Center REIT III, Inc.)
Compensation and Expense Reimbursement. 9.1. (a) For each Property for which Property Manager provides property management services, Owner shall pay Property Manager a monthly management fee equal to four and one-half percent (4.04.5%) of the Gross Receipts (as defined below) for that given month, payable from that month’s receipts, in each case unless a different fee is described in the Property Addendum for that Property.. “
Appears in 2 contracts
Samples: Form of Property Management Agreement (United Realty Trust Inc), Form of Property Management Agreement (United Realty Trust Inc)
