Loan Servicing Fee. In addition to the Management Fee and the other reimbursements to Manager provided for elsewhere in this Agreement, Owner shall, on a monthly basis, pay to Manager for its management services with respect to Debt Investments a Loan Servicing Fee equal to 2.75% of gross interest received from these investments.
Appears in 4 contracts
Samples: Form of Management Agreement (Resource Apartment REIT III, Inc.), Form of Management Agreement (Resource Apartment REIT III, Inc.), Management Agreement (Resource Real Estate Opportunity REIT II, Inc.)
Loan Servicing Fee. In addition to the Management Fee and the other reimbursements to Manager provided for elsewhere in this Agreement, Owner shall, on a monthly basis, pay to Manager for its management services with respect to Debt Investments a Loan Servicing Fee equal to 2.75% of gross interest received from these investments. For Assets managed or submanaged by third parties, Manager will receive the Loan Servicing Fee and pay the third party manger or submanager directly from that Loan Servicing Fee an amount for managing the Asset.
Appears in 2 contracts
Samples: Management Agreement (Resource Apartment REIT III, Inc.), Management Agreement (Resource Apartment REIT III, Inc.)
Loan Servicing Fee. In addition to the Management Fee and the other reimbursements to Manager provided for elsewhere in this Agreement, Owner shall, on a monthly basis, pay to Manager for its management services with respect to Debt Investments a Loan Servicing Fee equal to 2.75% of gross interest received from paid on these investments.
Appears in 1 contract
Samples: Management Agreement (Resource Real Estate Opportunity REIT, Inc.)
