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.
Appears in 6 contracts
Samples: Advisory Agreement (Global Growth Trust, Inc.), Advisory Agreement (Global Income Trust, Inc.), Advisory Agreement (Global Income Trust, Inc.)
