Common use of Disposition Fees Clause in Contracts

Disposition Fees. The Company will reimburse the Manager for actual expenses incurred on the Company’s behalf in connection with the liquidation of equity investments in real estate, and the Company will pay up to 1.5% of the gross proceeds from such sale if the Manager is acting as the real estate developer or is engaged by the developer to sell the project. Whether to liquidate an equity investment in real estate is in the sole discretion of the Manager.

Disposition Fees. The Company will reimburse the Manager for actual expenses incurred on the Company’s our behalf in connection with the liquidation of equity investments in real estate, and the Company will pay up to 1.51.50% of the gross proceeds from such sale if the Manager is acting as the real estate developer or is engaged by the developer to sell the project. Whether to liquidate an equity investment in real estate is in the sole discretion of the Manager.

Disposition Fees. The Company will reimburse the Manager for actual expenses incurred on the Company’s behalf in connection with the liquidation of equity investments in real estate, and the Company will pay up to 1.5% of the gross proceeds from such sale if the Manager is acting as the real estate developer or is engaged by the developer to sell the project. Whether to liquidate an equity investment in real estate is in the sole discretion of the thee Manager.

Disposition Fees. The Company will reimburse the Manager for actual expenses incurred on the Company’s behalf in connection with the liquidation of equity investments in real estate, including closing costs, and the Company will pay up to 1.56.0% of the gross proceeds from such sale if of such investments to the Manager is acting as a disposition fee. The Manager will be (i) entitled to retain the real estate developer or is engaged by difference between fees paid to the developer broker and the six percent (6.0%) charged to sell the project. Whether to liquidate an equity investment Company and (ii) responsible for any fees in real estate is in the sole discretion excess of the Managersix percent (6.0%).

Disposition Fees. The Company will reimburse the Manager for actual expenses incurred on the Company’s our behalf in connection with the liquidation of equity investments in real estate, and the Company we will pay up to 1.51.50% of the gross proceeds from such sale if the Manager is acting as the real estate developer or is engaged by the developer to sell the project. Whether to liquidate an equity investment in real estate is in the sole discretion of the Manager.