Leasing Fee. In addition to the compensation paid to Manager under Section 4.A above, Manager shall be entitled to receive a separate fee for the Leases of new tenants and renewals of Leases with existing tenants in an amount not to exceed the fee customarily charged in arm’s-length transactions by others rendering similar services in the same geographic area for similar properties as determined by a survey of brokers and agents in such area, as specifically described on Appendix E. Appendix E shall be updated jointly by Owner and Manager, each acting reasonably and in good faith, upon any modification of Schedule I to add or remove a Property pursuant to this Agreement.
Appears in 8 contracts
Samples: Master Property Management and Leasing Agreement (Global Growth Trust, Inc.), Master Property Management and Leasing Agreement (Global Income Trust, Inc.), Master Property Management and Leasing Agreement (Global Income Trust, Inc.)
