Fees Payable to Manager. In addition to the sums Owner is obligated to pay Manager as described in this Agreement, each calendar year Manager shall receive remuneration for its services in managing and leasing the Premises as follows:
Appears in 2 contracts
Samples: Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.), Property Management and Leasing Agreement (Hines Global Reit Ii, Inc.)
Fees Payable to Manager. In addition to the sums Owner is obligated to pay Manager as described in this Agreement, each calendar year Manager shall receive remuneration for its services in managing and leasing the Premises as follows:
(a) A management fee (the "Management Fee") equal to the lesser of (1) the amount of Management Fee that can be passed through to tenants of the Premises under their leases, or (B) two and one-half percent (2.5%) of the Gross Revenues for the
Appears in 1 contract
Samples: Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)
Fees Payable to Manager. In addition to the sums Owner is obligated to pay Manager as described in this Agreement, each calendar year Manager shall receive remuneration for its services in managing and leasing the Premises as follows:
(a) A management fee (the “Management Fee”) equal to:
Appears in 1 contract
Samples: Property Management and Leasing Agreement (Hines Real Estate Investment Trust Inc)