Common use of FF&E Fee Clause in Contracts

FF&E Fee. In addition to the Management Fee, Owner shall pay Manager a one-time fee equal to twenty percent (20%) of the final written estimate received by Owner from the designer to design, purchase, and install the FF&E (“FF&E Fee”). Owner shall pay Manager the FF&E Fee upon the purchase of such FF&E.

Appears in 3 contracts

Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR, LLC), Property Management Agreement (Arrived STR, LLC)

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FF&E Fee. In addition to the Management Fee, Owner shall pay Manager a one-time fee equal to twenty ten percent (2010%) of the final written estimate received by Owner from the designer to design, purchase, and install the FF&E (“FF&E Fee”). Owner shall pay Manager the FF&E Fee upon the purchase of such FF&E.FF&E; provided, however, that Owner retains the right to contract directly with third parties for the design, purchase and installation of the FF&E. In such event, notwithstanding anything to the contrary contained herein, Owner shall not pay Manager any FF&E fee.

Appears in 2 contracts

Samples: Property Management Agreement (Arrived STR 2, LLC), Property Management Agreement (Arrived STR, LLC)

FF&E Fee. In addition to the Management Fee, Owner shall pay Manager a one-time fee equal to twenty percent (20%) of the final written estimate received by Owner from the designer to design, purchase, and install the FF&E (“FF&E Fee”). Owner shall pay Manager the FF&E Fee upon the purchase of such FF&E.FF&E; provided, however, that Owner retains the right to contract directly with third parties for the design, purchase and installation of the FF&E. In such event, notwithstanding anything to the contrary contained herein, Owner shall not pay Manager any FF&E fee.

Appears in 1 contract

Samples: Property Management Agreement (Arrived STR, LLC)

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FF&E Fee. In addition to the Management Fee, Owner shall pay Manager a one-time fee equal to twenty twenty-five percent (2025%) of the final written estimate received by Owner from the designer to design, purchase, and install the FF&E (“FF&E Fee”). Owner shall pay Manager the FF&E Fee upon the purchase of such FF&E.

Appears in 1 contract

Samples: Property Management Agreement (Arrived STR, LLC)

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