Common use of Compensation During the Transition Period Clause in Contracts

Compensation During the Transition Period. The Company shall not pay any internalization fee to acquire the Business Manager. The Company shall continue to compensate the Business Manager on the terms and conditions set forth in this Agreement throughout the Transition Period. In addition, Company, in its sole discretion, may agree to pay or reimburse the Business Manager for: (x) costs and expenses the Business Manager has incurred on the Company’s behalf in connection with the Qualifying Internalization; and (y) costs and expenses the Business Manager incurs directly in connection with the Qualifying Internalization.

Appears in 7 contracts

Samples: Business Management Agreement (Inland Real Estate Income Trust, Inc.), Business Management Agreement (Inland Real Estate Income Trust, Inc.), Business Management Agreement (Inland Real Estate Income Trust, Inc.)

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