Common use of Compensation for Other Services Clause in Contracts

Compensation for Other Services. J. In addition to the compensation provided in paragraph 3 herein, the Advisor and/or its affiliates may receive commissions on insurance placed by them with respect to the Property or operations of the Trust, provided that the premium charge for any such insurance is not more than any other bona fide premium proposed to the Trust in a competitive bid for such insurance by a reputable company.

Appears in 4 contracts

Samples: Advisory Contract (Saul B F Real Estate Investment Trust), Advisory Contract (Saul B F Real Estate Investment Trust), Agreement (Saul B F Real Estate Investment Trust)

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Compensation for Other Services. J. A. In addition to the compensation provided in paragraph 3 herein, the Advisor and/or its affiliates may receive commissions on insurance placed by them with respect to the Property property or operations of the Trust, provided that the premium charge for any such insurance is not more than any other bona fide premium proposed to the Trust in a competitive bid for such insurance by a reputable company.

Appears in 1 contract

Samples: Advisory Contract (Saul B F Real Estate Investment Trust)

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