Common use of Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses Clause in Contracts

Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses. Pursuant to the NASAA REIT Guidelines, the total of all Acquisition Fees, Origination Fees and Acquisition Expenses payable in connection with any Investment shall not exceed 6.0% of the “contract purchase price,” as defined in the Articles of Incorporation, of the Investment acquired.

Appears in 11 contracts

Samples: Advisory Agreement (TNP Strategic Retail Trust, Inc.), Advisory Agreement (TNP Strategic Retail Trust, Inc.), Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

AutoNDA by SimpleDocs

Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses. Pursuant to the NASAA REIT Guidelines, the total of all Acquisition Fees, Origination Fees Fees, and Acquisition Expenses payable in connection with any Investment shall not exceed 6.0% of the “contract purchase priceContract Purchase Price,” as defined in the Articles of Incorporation, of the Investment all Investments acquired.

Appears in 4 contracts

Samples: Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.), Advisory Agreement (Moody National REIT I, Inc.)

Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses. Pursuant to the NASAA REIT Guidelines, the total of all Acquisition Fees, Origination Fees and Acquisition Expenses payable in connection with any Investment shall not exceed 6.0% of the “contract purchase price,” as defined in the Articles of Incorporation, of the Investment acquired.

Appears in 3 contracts

Samples: Advisory Agreement (Steadfast Income REIT, Inc.), Advisory Agreement (Steadfast Secure Income REIT, Inc.), Advisory Agreement (Steadfast Secure Income REIT, Inc.)

Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses. Pursuant to the NASAA REIT Guidelines, the total of all Acquisition Fees, Origination Fees and Acquisition Expenses payable in connection with any Investment shall not exceed 6.0% of the contract purchase price,” as defined in the Articles of Incorporation, of the Investment acquired.

Appears in 2 contracts

Samples: Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.), Advisory Agreement (Bluerock Enhanced Multifamily Trust, Inc.)

AutoNDA by SimpleDocs

Limitation on Total Acquisition Fees, Origination Fees and Acquisition Expenses. Pursuant to the NASAA REIT Guidelines, the total of all Acquisition Fees, Origination Fees Fees, and Acquisition Expenses payable in connection with any Investment shall not exceed 6.0% of the “contract purchase price,” as defined in the Articles of Incorporation, of the Investment all Investments acquired.

Appears in 1 contract

Samples: Advisory Agreement (Moody National REIT I, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!