Common use of Leasing Fee Clause in Contracts

Leasing Fee. A leasing fee paid to the General Partner or its Affiliates for office and retail leasing services of (i) 6% of total deal value for new leases for Partnership assets (4% with a co-broker), (ii) 4% of total deal value for renewal of leases for Partnership assets (2% with a co-broker) and (iii) 10% of total deal value event/short term (less than 3 years) leases for Partnership assets.

Leasing Fee. A leasing fee paid to the General Partner Manager or its Affiliates for office and retail leasing services of (i) 6% of total deal value for new leases for Partnership assets (4% with a co-broker), (ii) 4% of total deal value for renewal of leases for Partnership assets (2% with a co-broker) and (iii) 10% of total deal value event/short term (less than 3 years) leases for Partnership assets.