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