Common use of Construction Management Fee Clause in Contracts

Construction Management Fee. If applicable, in consideration of the services performed by Manager as construction manager in an on-site management capacity, including, without limitation, the services described in Section 4.2(e) hereof, with respect to any Material Construction Work performed pursuant to this Agreement, Owner shall pay (or shall cause the applicable Property Owner to pay) to Manager the Construction Management Fee specified in Exhibit B attached hereto. Such Construction Management Fee shall be payable monthly in arrears.

Appears in 4 contracts

Samples: Property Management Agreement (Aimco OP L.P.), Property Management Agreement (Aimco OP L.P.), Property Management Agreement (Aimco OP L.P.)

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Construction Management Fee. If applicable, in consideration of the services performed by Manager as construction manager in an on-site management capacity, including, without limitation, the services described in Section 4.2(e) hereof, with respect to any Material Construction Work performed pursuant to this Agreement, Owner shall pay (or shall cause the applicable Property Owner to pay) to Manager the Construction Management Fee specified in Exhibit B attached hereto. Such Construction Management Fee shall be payable monthly in arrears.

Appears in 4 contracts

Samples: Property Management Agreement (Aimco OP L.P.), Property Management Agreement (Apartment Income REIT Corp.), Property Management Agreement (Aimco OP L.P.)

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Construction Management Fee. If applicable, in consideration of the services performed by Manager as construction manager in an on-site management capacity, including, without limitation, the services described in Section 4.2(e) hereof, with respect to any Material Construction Work performed pursuant to this Agreement, Owner shall pay (or shall cause the Table of Contents applicable Property Owner to pay) to Manager the Construction Management Fee specified in Exhibit B attached hereto. Such Construction Management Fee shall be payable monthly in arrears.

Appears in 1 contract

Samples: Property Management Agreement (Aimco Properties L.P.)

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