For Administration Services. Rancon shall pay Glenborough an Asset and Partnership Services Fee of $300,000 per year, which fee is payable in advance, quarterly, commencing on the Commencement Date. In addition, Rancon shall reimburse the following costs paid by Glenborough: travel, data services and the costs of legal services provided by Glenborough’s internal legal staff. The costs of specific Rancon-related items provided by unaffiliated third parties (for example, printing and postage for mass mailings) shall also be separately reimbursed to Glenborough by Rancon
Appears in 2 contracts
Samples: Property Management and Services Agreement (Rancon Realty Fund V), Property Management and Services Agreement (Rancon Realty Fund Iv)
For Administration Services. Rancon shall pay Glenborough an Asset and Partnership Services Fee of $300,000 75,000 per year, which fee is payable in advance, quarterly, commencing on the Commencement Date. In addition, Rancon shall reimburse the following costs paid by Glenborough: travel, data services and the costs of legal services provided by Glenborough’s internal legal staff. The costs of specific Rancon-related items provided by unaffiliated third parties (for example, printing and postage for mass mailings) shall also be separately reimbursed to Glenborough by Rancon
Appears in 2 contracts
Samples: Property Management and Services Agreement, Property Management and Services Agreement (Rancon Income Fund I)