Initial Lease-Up Fee. Manager shall be entitled to receive a separate fee for the one-time initial rent-up or leasing-up of New Construction in an amount not to exceed one-month’s rent. For this purpose, a Redevelopment constituting a total rehabilitation shall be included in the term “New Construction.”
Appears in 6 contracts
Samples: Master Property Management, Leasing and Construction Management Agreement (Gc Net Lease Reit, Inc.), Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Inc), Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Ii Inc)
Initial Lease-Up Fee. Manager shall be entitled to receive a separate fee for the one-time initial rent-up or leasing-up of New Construction in an amount not to exceed one-month’s 's rent. For this purpose, a Redevelopment constituting a total rehabilitation shall be included in the term “New Construction.”
Appears in 2 contracts
Samples: Master Property Management, Leasing and Construction Management Agreement, Master Property Management, Leasing and Construction Management Agreement (Wells Real Estate Investment Trust Ii Inc)
Initial Lease-Up Fee. Manager shall be entitled to receive a separate fee for the one-time initial rent-up or leasing-up of New Construction in an amount not to exceed one-month’s rentrent on existing properties or New Construction. For this purpose, a Redevelopment constituting a total rehabilitation shall be included in the term “New Construction”.”
Appears in 2 contracts
Samples: Master Property Management, Leasing and Construction Management Agreement (Griffin Capital Essential Asset REIT, Inc.), Master Property Management, Leasing and Construction Management Agreement (Griffin Capital Essential Asset REIT II, Inc.)
Initial Lease-Up Fee. Manager shall be entitled to receive a separate fee for the one-time initial rent-up or leasing-up of New Construction in an amount not to exceed [one-month’s rent]. For this purpose, a Redevelopment constituting a total rehabilitation shall be included in the term “New Construction.”
Appears in 1 contract
Samples: Master Property Management, Leasing and Construction Management Agreement (Gc Net Lease Reit, Inc.)
