Financing Coordination Fee. The Company shall pay a Financing Coordination Fee to the Advisor or its assignees in connection with the financing of any Investment, assumption of any Loans with respect to any Investment or refinancing of any Loan in an amount equal to 0.75% of the amount made available and/or outstanding under any such Loan, including any assumed Loan. The Advisor may reallow some of or all this Financing Coordination Fee to reimburse third parties with whom it may subcontract to procure any such Loan.
Financing Coordination Fee. Other than with respect to any mortgage or other financing related to a property concurrent with its acquisition, if an Advisor or an Affiliate provides a substantial amount of the services (as determined by a majority of the Independent Directors) in connection with the post-acquisition financing or refinancing of any debt that the Company obtains relative to a Property, the Advisor or Affiliate shall receive a financing coordination fee equal to 1.0% of the amount of such financing.
Financing Coordination Fee. The Company shall pay a Financing Coordination Fee to the Advisor in connection with the financing of any Investment, assumption of any loans with respect to any Investment or refinancing of any loan in an amount equal to one percent (1.0%) of the amount made available and/or outstanding under any such loan, including any assumed loan. In no event will the aggregate Acquisition Fees and Financing Coordination Fees, at the time that the net proceeds of the Offering are fully invested or at any time thereafter, exceed, in the aggregate, one and a half percent (1.5%) of the aggregate Contract Purchase Price of all of the Properties acquired by the Company. The Advisor shall submit an invoice to the Company, accompanied by a computation of the Financing Coordination Fee at or prior to the closing of the financing. The Company shall pay to the Advisor the Financing Coordination Fee at the closing of the financing.
Financing Coordination Fee. The fees payable to the Advisor pursuant to Section 3.01(g) of this Agreement.
Financing Coordination Fee. The Company will pay to the Advisor for services rendered in connection with the refinancing of any debt obligations of the Company or any Subsidiary a Financing Coordination Fee equal to 1.0% of the gross amount of any such refinancing. Any such Financing Coordination Fee deemed to be earned by the Advisor party shall be paid by the Company or the Operating Partnership to the Advisor upon the closing of the refinancing. Any such Financing Coordination Fee paid to the Advisor in connection with the refinancing shall be included in Total Operating Expenses for purposes of calculating conformance with the 2%/25% Guidelines.
Financing Coordination Fee. The Company shall pay a Financing Coordination Fee to the Advisor or its assignees in connection with the financing of any Investment, assumption of any Loans with respect to any Investment or refinancing of any Loan in an amount equal to (i) 0.75% of the amount made available and/or outstanding under any such Loan, including any assumed Loan and (ii) 0.75% of the portion that is attributable to the Company’s or the Partnership’s direct or indirect investment in a Joint Venture or partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner. The Advisor may reallow some or all of this Financing Coordination Fee to reimburse third parties with whom it may subcontract to procure any such Loan.
Financing Coordination Fee. The Financing Coordination Fee payable to the Advisor as defined in Section 8(e).
Financing Coordination Fee. As compensation to the Manager for its Management Services rendered in connection with the financing by AECP LP or the Owner of any Property Acquisition or Asset, the assumption by AECP LP or the Owner of any Loan(s) with respect to any Property Acquisition or Asset or refinancing by AECP LP or the Owner of any Loan, the Owner shall pay the Manager a fee, payable in cash (the “Financing Coordination Fee”), equal to one-half percent (0.5%) of the principal account incurred by AECP LP or the Owner, as the case may be, or outstanding under any such Loan. AECP LP or the Owner shall pay the Financing Coordination Fee payable pursuant to this Section 5.5 at or promptly after (and in any event within two (2) Business Days after) the closing of the Loan that is the subject of the Financing Coordination Fee then due or each draw down by AECP LP of any principal amount of any Loan, as the case may be; provided, however, that if Owner and the Manager mutually agree to defer payment of any Financing Coordination Fee, then such Financing Coordination Fee shall be paid in accordance with such mutual agreement. The Manager may apply any funds that it holds on behalf of Owner to payment of the amount of any Financing Coordination Fee then due and payable to the Manager pursuant to this Section 5.5 less any amount(s) to which Owner has reasonably objected in writing prior to the closing of the Loan that is the subject of the applicable Financing Coordination Fee. If the Owner timely objects in a notice received by the Manager to any amount of any Financing Coordination Fee, Owner and Manager shall use their reasonable commercial efforts to resolve such dispute amicably, and promptly after the resolution of such matter the Manager may apply any funds that it holds on behalf of Owner to payment of the amount determined to be owing to the Manager. If the funds that the Manager holds on behalf of Owner are insufficient to pay in full when due the amounts due to the Manager pursuant to this Section 5.5, then Owner will promptly make payment to the Manager of the amount due and unpaid in immediately available funds by wire transfer to an account specified by the Manager to Owner. Any amounts payable to the Manager by Owner pursuant to this Section 5.5 will be in addition to all fixed rate charges under any joint operating agreements in which the Manager or its Affiliates act as operator and the Owner owns a working interest. Pursuant to the Partnership Agreement, AECP LP will pa...
Financing Coordination Fee. The Advisor shall receive a fee for providing services in connection with the origination or refinancing of any debt financing obtained that the Company or the Partnership uses to acquire Properties equal to one percent (1.0%) of the amount available under such financing (the “Financing Coordination Fee”); provided, however, that no Financing Coordination Fee will be paid in connection with the refinancing of any loan secured by any Property that was previously subject to a refinancing in which the Advisor received such a fee. Financing Coordination Fees payable from loan proceeds from permanent financing will be paid to the Advisor as the Company or the Partnership acquires such permanent financing. However, no Financing Coordination Fees will be paid on the investments of loan proceeds from any line of credit until such time as the Company or the Partnership has invested all net offering proceeds. The Advisor may pay some or all of the Financing Coordination Fees to third parties with whom it subcontracts to coordinate financing for the Company or the Partnership.
Financing Coordination Fee. In the event of the origination or refinancing of any debt financing obtained by the Company, including the assumption (directly or indirectly) of existing debt, that is used to acquire properties, to make other permitted investments or is assumed (directly or indirectly) in connection with the acquisition of properties, and if the Advisor provides a substantial amount of services, as determined by the Independent Directors in connection therewith, the Company will pay to the Advisor a Financing Coordination Fee equal to 1% of the amount available to the Company and/or outstanding under such financing; provided, however, that the Advisor shall not be entitled to a Financing Coordination Fee in connection with the refinancing of any loan secured by any particular property that was previously subject to a refinancing in which the Advisor received a Financing Coordination Fee. Financing Coordination Fees payable from loan proceeds from permanent financing will be paid to the Advisor as the Company acquires such permanent financing, however, no Financing Coordination Fees will be paid from loan proceeds from any line of credit unless all net offering proceeds received as of the date proceeds from the line of credit are drawn for the purpose of acquiring Properties or other permitted investments (other than reasonable working capital reserves) have been invested by the Company. In addition, with respect to any revolving line of credit, our Advisor will receive a Financing Coordination Fee only in connection with amounts being drawn for the first time and not upon any re-drawing of amounts that previously were repaid by us.
