Fees Payable to the Manager or its Affiliates. The Manager or its Affiliates shall be entitled to receive the fees set forth in this Section 5.10. The Manager or its Affiliates, in their sole discretion may defer or waive any fee payable to it under this Agreement. All or any portion of any deferred fees will be deferred without interest and paid when the Manager determines. Pursuant to the Advisory Agreement, an asset management fee payable quarterly in arrears equal to an annualized rate of 1.25%, which will be based on the Company’s NAV at the end of each prior quarter, as calculated pursuant to Section 5.12.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (Birgo Reiturn Fund LLC), Limited Liability Company Agreement (Birgo Reiturn Fund Manager LLC)
Fees Payable to the Manager or its Affiliates. The Manager or its Affiliates shall be entitled to receive the fees set forth in this Section 5.10. The Manager or its Affiliates, in their sole discretion may defer or waive any fee payable to it under this Agreement. All or any portion of any deferred fees will be deferred without interest and paid when the Manager determines. Pursuant to the Advisory Agreement, an asset • Asset Management Fee. Asset management fee payable quarterly in arrears equal to an annualized rate of 1.25%, which will be based on the Company’s NAV at the end of each prior quarter, as calculated pursuant to Section 5.12.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Birgo Reiturn Fund Manager LLC), Limited Liability Company Agreement (Birgo Reiturn Fund Manager LLC), Limited Liability Company Agreement (Birgo Reiturn Fund Manager LLC)
Fees Payable to the Manager or its Affiliates. The Manager or its Affiliates shall be entitled to receive the fees set forth in this Section 5.10. The Manager or its Affiliates, in their sole discretion discretion, may defer or waive any fee payable to it under this Agreement. All or any portion of any deferred fees will be deferred without interest and paid when the Manager determines. Pursuant .
(a) Asset Management Fee to the Advisory Agreement, an asset Manager. Asset management fee payable quarterly monthly in arrears equal to an annualized rate of 1.251.00%, which will be based on the Company’s NAV at the end of each prior quarter, as calculated pursuant to Section 5.12Total Equity Value.
Appears in 1 contract
Samples: Limited Liability Company Agreement (MogulREIT I, LLC)
