Common use of Control Fee Clause in Contracts

Control Fee. VBC will pay with respect to each Property a monthly control fee (as applicable, the “Control Fee”) in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in the amount of the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the first day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on the Commencement Date will be prorated based on a 30-day period. VBH may later designate, in writing, another person or place to which VBC must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBC’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH will apply all moneys received from VBC first to any non-Control Fee obligations of VBC.

Control Fee. VBC will pay to VBH, with respect to each Property Property, a monthly control fee (as applicable, the “Control Fee”) in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in an amount equal to the amount of the monthly Control Fee set forth next to such Property on Exhibit A attached heretoto the Master Control Agreement. The Control Fee is due and payable on or before the first last day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on for the Commencement Date first month will be prorated based on a 30thirty-day (30) period. VBH may later designate, in writing, another person or place to which VBC must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBC’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH will apply all moneys received from VBC first to any non-Control Fee obligations of VBC.

Control Fee. VBC VBH will pay with respect to each Property a monthly control fee (as applicable, the “Control Fee”) in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in the an amount of equal to the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the first day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on the Commencement Date will be prorated based on a 30-day period. VBH Owner may later designate, in writing, another person or place to which VBC VBH must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBCVBH’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH Owner will apply all moneys received from VBC VBH first to any non-Control Fee obligations of VBCVBH.

Control Fee. VBC will pay with respect to each Property a monthly control fee (as applicable, the “"Control Fee”") in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in the amount of the monthly Control Fee set forth next to such Property on Exhibit A attached heretoto the Master Control Agreement. The Control Fee is due and payable on or before the first last day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on for the Commencement Date first month will be prorated based on a 30-day period. VBH may later designate, in writing, another person or place to which VBC must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s 's check. VBC’s 's failure to pay the first month’s 's Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH will apply all moneys received from VBC first to any non-Control Fee obligations of VBC.

Control Fee. VBC VBH will pay to Owner, with respect to each Property Property, a monthly control fee (as applicable, the “Control Fee”) in advance and without demand, deduction, or offset (except as specifically provided to the contrary in this Agreement) in the an amount of equal to the monthly Control Fee set forth next to such Property on Exhibit A attached hereto. The Control Fee is due and payable on or before the first last day of each month during the term of this Agreement. If the Commencement Date is not the first day of a month, the Control Fee payment remitted on for the Commencement Date first month will be prorated based on a 30thirty-day (30) period. VBH Owner may later designate, in writing, another person or place to which VBC VBH must remit amounts due under this Agreement. Acceptable forms of payment of Control Fee include wire transfer, interbank transfer, ACH, business check, money order, or cashier’s check. VBCVBH’s failure to pay the first month’s Control Fee in accordance with the terms of this Agreement is a default of this Agreement. VBH Owner will apply all moneys received from VBC VBH first to any non-Control Fee obligations of VBCVBH.