For Management Services. Three and One-Half percent (3.5%) of the total monthly gross receipts from the Project. Such compensation shall be payable by the first day of the next succeeding month for the monthly gross receipts for the current month. Payments due Pinnacle for periods of less than a calendar month shall be prorated over the number of days for which compensation is due.
Appears in 8 contracts
Samples: Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)
For Management Services. Three and One-Half percent (3.5%) of the total monthly gross receipts from the Project. Such compensation shall be payable by the first day of during the next succeeding month for the monthly gross receipts for the current month. Payments due Pinnacle for periods of less than a calendar month shall be prorated over the number of days for which compensation is due.
Appears in 2 contracts
Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc), Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)
For Management Services. Three and One-Half percent (3.5%) of the total monthly gross receipts from the Project. Such compensation shall be payable by the first day of the next succeeding month for the monthly gross receipts for the current month. Payments due Pinnacle PINNACLE for periods of less than a calendar month shall be prorated over the number of days for which compensation is due.
Appears in 1 contract
Samples: Property Management Agreement (Boston Capital Real Estate Investment Trust Inc)