Common use of Leasing Fees Clause in Contracts

Leasing Fees. Property Manager shall be entitled to receive a separate fee for the Leases of new Tenants, and for expansions, extensions and renewals of existing Tenants in an amount not to exceed the fee customarily charged by similarly situated parties rendering similar services in the same geographic area for similar properties (“Leasing Fees”). Leasing Fees shall be payable from the Operating Account or from other from other funds timely provided by the Company; the timing of such payment to be is custom for the market in which the property is located.

Appears in 23 contracts

Samples: Property and Asset Management Agreement (Strategic Realty Trust, Inc.), Property Management Agreement (Strategic Realty Trust, Inc.), Property Management Agreement (Strategic Realty Trust, Inc.)

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