Debt Financing Fees. The Company will pay the Advisor in cash or Units, or a combination of both, the form of payment to be determined in the sole discretion of the Advisor, as compensation for services including those described in Section 3.06, debt financing fees in accordance with this Section 9.03, as well as to reimburse the Advisor for all expenses incurred by the Advisor in connection with such services as required by Article 10. Subject to any limitations contained in the Articles of Incorporation, the debt financing fees shall equal 1% of the amount of any debt financing obtained or, assumed by or made available to the Company, the General Partner, or the pro rata share of any debt financing obtained or assumed by or made available to a joint venture in which the Company and/or the General Partner has an interest.
Appears in 4 contracts
Samples: Advisory Agreement (Hines Global REIT, Inc.), Advisory Agreement (Hines Global REIT, Inc.), Advisory Agreement (Hines Global REIT, Inc.)
