Debt Financing Fee. In the event of any debt financing obtained by or for the Company (including any refinancing of debt), the Company will pay to the Advisor a non-accountable debt financing fee equal to 0.5% of the amount available under the financing. The Company shall pay directly all third-party costs associated with obtaining debt financing, including without limitation mortgage broker fees, placement fees and loan origination fees. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of the Debt Financing Fee to which it would otherwise be entitled.
Appears in 3 contracts
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Debt Financing Fee. In the event of any debt financing obtained by or for the Company (including any refinancing of debt), the Company will pay to the Advisor a non-accountable debt financing fee equal to 0.51% of the amount available under the financing. The Company shall pay directly all third-party costs associated with obtaining Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, including without limitation mortgage broker fees, placement fees and loan origination fees. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee to which it would otherwise be entitledFee.
Appears in 3 contracts
Samples: Form of Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.), Form of Advisory Management Agreement (Behringer Harvard REIT II, Inc.), Form of Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Debt Financing Fee. Debt Financing Fee. In the event of any debt financing obtained by or for the Company (including any refinancing of debt), the Company will pay to the Advisor a non-accountable debt financing fee equal to 0.51% of the amount available under the financing. The Company shall pay directly all third-party costs associated with obtaining Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, including without limitation mortgage broker fees, placement fees and loan origination fees. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee to which it would otherwise be entitledFee.
Appears in 2 contracts
Samples: Advisory Agreement (Lightstone Value Plus REIT V, Inc.), Advisory Agreement (Lightstone Value Plus REIT V, Inc.)
Debt Financing Fee. In the event of the origination of any debt financing obtained by or for the Company (including any refinancing of debt), the Company will pay to the Advisor a non-accountable debt financing fee equal to 0.5% one percent (1%) of the amount available under the such financing. The Company shall pay directly all third-party costs associated with obtaining Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, including without limitation mortgage broker fees, placement fees and loan origination fees. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee to which it would otherwise be entitledFee.
Appears in 2 contracts
Samples: Advisory Management Agreement (Behringer Harvard Opportunity REIT I, Inc.), Form of Advisory Management Agreement (Behringer Harvard Opportunity REIT II, Inc.)
Debt Financing Fee. In the event of the origination of any debt financing obtained by or for the Company (including any refinancing or assumption of debt), the Company will pay to the Advisor a non-accountable debt financing fee equal to 0.5% one percent (1%) of the amount available under the such financing. The Company shall pay directly all third-party costs associated with obtaining Debt Financing Fee includes the reimbursement of the specified cost incurred by the Advisor of engaging third parties to source debt financing, including without limitation mortgage broker fees, placement fees and loan origination fees. The Advisor, in its sole discretion, may waive, reduce or defer all or any portion of nothing herein shall prevent the Advisor from entering fee-splitting arrangements with third parties with respect to the Debt Financing Fee to which it would otherwise be entitledFee.
Appears in 2 contracts
Samples: Registration Rights Agreement (Behringer Harvard Reit I Inc), Advisory Management Agreement (Behringer Harvard Reit I Inc)
