Common use of Management Fees Clause in Contracts

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 6 contracts

Samples: Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (Jernigan Capital, Inc.), Credit Agreement (MedEquities Realty Trust, Inc.)

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Management Fees. The Borrower Borrowers shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Eligible Real Estate Asset to the Borrower, any other manager that is an Affiliate of the any Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Mortgaged Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 3 contracts

Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ REIT, Inc.)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, REIT in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Condor Hospitality Trust, Inc.), Credit Agreement (Condor Hospitality Trust, Inc.)

Management Fees. The Borrower Borrowers shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Mortgaged Property to the Borrower, any other manager that is an Affiliate of the any Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Mortgaged Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, manager in the event that a Default or an Event of Default shall have occurred and be continuingcontinuing unless approved in writing by Agent.

Appears in 2 contracts

Samples: Credit Agreement (Behringer Harvard Reit I Inc), Credit Agreement (Behringer Harvard Reit I Inc)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing; provided that the limitations contained in this §8.13 shall not preclude payments necessary to maintain the REIT Status of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (New Senior Investment Group Inc.)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Mortgage Property to the Borrower, any other manager that is an the Borrower or a Subsidiary or Affiliate of the Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Secured Credit Agreement (Rouse Properties, Inc.)

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Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Credit Support Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other managerBorrower, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

Management Fees. The No Borrower shall not pay, and shall not or permit any Guarantor or any of its Subsidiaries to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Collateral Property to the Borrower, any other manager that is an Affiliate of the Borrower any Borrower, or any advisory fees or other managerpayments to any advisor that is an Affiliate of any Borrower, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Griffin-American Healthcare REIT III, Inc.)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to paybe paid, any management fees or other payments under any Management Agreement for any Borrowing Base Asset Property to the Borrower, any other manager that is an Affiliate of the Borrower or any other manager, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (Modiv Inc.)

Management Fees. The Borrower shall not pay, and shall not permit any Guarantor to pay, any management fees or other payments under any Management Agreement for any Borrowing Base Asset to the Borrower, Borrower or to any other manager that is an Affiliate of the Borrower Borrower, or any advisory fees or other managerpayments to the Advisor, in the event that a Default or an Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust Inc)

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