Common use of Construction Supervision Fees Clause in Contracts

Construction Supervision Fees. Manager shall supervise construction performed by or on behalf of Owner with respect to the Properties, including, but not limited to, capital repairs and improvements, major building reconstruction and tenant improvements (collectively, “Construction Work”). In the event that Manager supervises the Construction Work with respect to a Property, Owner shall pay Manager a construction supervision fee equal to an amount not greater than five percent (5%) of all hard construction costs incurred in connection with the Construction Work. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of any Construction Work at that Property.

Construction Supervision Fees. Manager shall supervise construction performed by or on behalf of Owner with respect to the Properties, including, but not limited to, to capital repairs and improvements, major building reconstruction construction and tenant improvements (collectively, the “Construction Work”). In the event that Manager supervises the Construction Work with respect to a Property, Owner shall pay Manager a construction supervision fee equal to an amount not greater than five percent (5%) of all based on hard construction costs incurred in connection with the Construction WorkWork and in accordance with the rates set forth in Appendix 1 attached hereto. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of any the Construction Work at that PropertyWork.

Construction Supervision Fees. Manager shall supervise construction performed by or on behalf of Owner with respect to the Properties, including, but not limited to, to capital repairs and improvements, major building reconstruction construction and tenant improvements (collectively, the “Construction Work”). In the event that Manager supervises the Construction Work with respect to a Property, Owner shall pay Manager a construction supervision fee equal to an amount not greater than five percent (5%) of all based on hard construction costs incurred in connection with the Construction WorkWork and in accordance with the rates set forth in Appendix 1 attached to the Original Management Agreement. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of any the Construction Work at that PropertyWork.

Construction Supervision Fees. Manager shall supervise construction performed by or on behalf of Owner with respect to the Properties, including, but not limited to, including capital repairs and improvements, major building reconstruction and tenant improvements (collectively, “Construction Work”). In the event that Manager supervises the Construction Work with respect to a Property, Owner shall pay Manager a construction supervision fee equal to an amount not greater than five percent (5%) of all hard construction costs incurred in connection with the Construction WorkWork (the “Construction Supervision Fee”). Owner shall pay construction supervision fees the Construction Supervision Fee at the same time it makes payments to any third party contractors in respect of any Construction Work at that Property.

Construction Supervision Fees. Manager shall supervise construction performed by or on behalf of Owner with respect to the Properties, including, but not limited to, capital repairs and improvements, major building reconstruction and tenant improvements (collectively, “Construction Work”). In the event that Manager supervises the Construction Work with respect to a Property, Owner shall pay Manager a construction supervision fee equal to an amount not greater than five percent (5%) of all hard construction costs incurred in connection with the Construction Work. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of any Construction Work at that Property.