Common use of Mortgage Placement Fee Clause in Contracts

Mortgage Placement Fee. For originating or purchasing Mortgage Loans for the Company, the Advisor shall receive a mortgage placement fee equal to fifty percent (50%), measured on a cumulative basis, of the total amount of mortgage origination and placement fees for Mortgage Loans advanced by the Company for the Fiscal Year.

Appears in 3 contracts

Samples: Advisory Agreement (American Realty Trust Inc), Advisory Agreement (American Realty Investors Inc), Advisory Agreement (American Realty Investors Inc)

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Mortgage Placement Fee. For originating or purchasing ---------------------- Mortgage Loans for the Company, the Advisor shall receive a mortgage placement fee equal to fifty percent (50%), measured on a cumulative basis, of the total amount of mortgage origination and placement fees for Mortgage Loans advanced by the Company for the Fiscal Year.

Appears in 1 contract

Samples: Advisory Agreement (American Realty Trust Inc)

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