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 construction and tenant improvements (collectively, the “Construction Work”). Owner shall pay Manager a construction supervision fee based on hard construction costs incurred in connection with the Construction Work 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 the Construction Work.

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 construction and tenant improvements (collectively, the “Construction Work”). Owner shall pay Manager a construction supervision fee based on hard construction costs incurred in connection with the Construction Work and in accordance with the rates set forth in Appendix 1 attached to the Original Management Agreementhereto. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of the Construction Work.

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 construction reconstruction 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 based on equal to an amount not greater than five percent (5%) of all hard construction costs incurred in connection with the Construction Work and in accordance with the rates set forth in Appendix 1 attached to the Original Management AgreementWork. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of the any Construction WorkWork 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 construction reconstruction 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 based on equal to an amount not greater than five percent (5%) of all hard construction costs incurred in connection with the Construction Work and in accordance with the rates set forth in Appendix 1 attached to the Original Management AgreementWork. Owner shall pay construction supervision fees at the same time it makes payments to any third party contractors in respect of the any Construction WorkWork at that Property.