Common use of Loan Coordination Fee Clause in Contracts

Loan Coordination Fee. If the Advisor provides a substantial amount of services, as determined by the Independent Directors, in connection with the origination or refinancing of any debt financing obtained by the Company that is used to refinance Real Property or other permitted investments or financing in connection with a recapitalization of the Company, the Advisor will receive a Loan Coordination Fee equal to 0.75% of the amount available under such financing.

Appears in 4 contracts

Samples: Advisory Agreement (Steadfast Apartment REIT III, Inc.), Advisory Agreement (Steadfast Apartment REIT III, Inc.), Advisory Agreement (Steadfast Apartment REIT III, Inc.)

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