Common use of Finance Clause in Contracts

Finance. The Advisor shall receive a finance fee equal to .25% of all amounts made available to the Company or Operating Partnership under any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit, or other credit facility. The finance fee shall be capped at .25% of $15,000,000 ($37,500) under any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit, or other credit facility.

Appears in 5 contracts

Samples: Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust)

AutoNDA by SimpleDocs

Finance. The Advisor shall receive a finance fee equal to .25% of all amounts made available to the Company or Operating Partnership under any loan, refinance refinance, line of credit, or other credit facility (excluding rate and/or rate, term or other modifications or refinancing of an existing loan with the same lender), line of credit, or other credit facility. The finance fee for any single transaction under this Section 10(d) shall be capped at .25% of $15,000,000 ($37,500) under any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit, or other credit facility.

Appears in 5 contracts

Samples: Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust)

AutoNDA by SimpleDocs

Finance. The Advisor shall receive a finance fee equal to .25% of all amounts made available to the Company or Operating Partnership under any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit, or other credit facility. The finance fee shall be capped at .25% of $15,000,000 ($37,500) under any loan, refinance (excluding rate and/or term modifications of an existing loan with the same lender), line of credit, or other credit facility.

Appears in 4 contracts

Samples: Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (Sterling Real Estate Trust), Advisory Agreement (INREIT Real Estate Investment Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!