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Common use of Direct Investments Clause in Contracts

Direct Investments. When the Fund obtains financing for real estate owned, directly or indirectly by the Fund, the Manager will be entitled to a fee equal to one percent (1.00%) of the gross amount of the financing.

Appears in 2 contracts

Samples: Management Services Agreement (Concreit Fund I LLC), Management Services Agreement (Concreit Fund I LLC)

Direct Investments. When the Fund obtains financing for real estate owned, directly or indirectly owned by the Fund, the Manager will be entitled to a fee equal to one percent (1.001%) of the gross amount of the financing.

Appears in 1 contract

Samples: Management Services Agreement (Impact Housing REIT, LLC)

Direct Investments. When the Fund obtains financing for real estate owned, directly or indirectly by the Fund, the Manager will be entitled to a fee equal to one percent (1.001%) of the gross amount of the financing.

Appears in 1 contract

Samples: Management Services Agreement (Concreit Fund I LLC)