Oversight Fee. In the event that Company contracts directly with a third-party property manager in respect of a Property, Company shall pay Manager an oversight fee equal to 1% of the Effective Gross Revenues of the Property managed. In no event will the Company pay both a property management fee and an oversight fee to Manager with respect to any particular property. The foregoing fee shall be payable only from net cash flow from the Property after payment of all sums then due to the holder of the mortgage on the Property.
Oversight Fee. The Company shall pay the Advisor an Oversight Fee equal to one percent (1.0%) of the gross revenues from Properties managed by any Person that is not an Affiliate of the Advisor. The Oversight Fee is payable quarterly in advance, on January 1, April 1, July 1 and October 1. The Advisor shall submit an invoice to the Company, accompanied by a computation of the Oversight Fee for the applicable quarter.
Oversight Fee. The term “Oversight Fee” shall mean the fees payable to the Advisor pursuant to Section 9(f).
Oversight Fee. The Commission shall be paid an authorizer oversight fee in accordance with RCW 28A.710.110 and associated rules adopted by the State Board of Education (SBE).
Oversight Fee. The Parties agree that the District will incur costs in connection with its performance of supervisory oversight of the Charter School as required by law, and that it is not in the best interests of either Party to require a mechanical assessment, accounting, billing and payment process to compensate the District for such costs.
Oversight Fee. For services in overseeing property management and leasing services provided by any Person that is not the Company’s property manager or an Affiliate of the Company’s property manager, the Company will pay the Advisor an Oversight Fee equal to one percent (1.0%) of the gross revenues of the Real Property managed.
Oversight Fee. As consideration for the services provided by Homes For America Holdings, Inc.("HOMES") in overseeing the operations of the Partnership during 1998, the Partnership shall pay HOMES an oversight fee ("Oversight Fee") in an amount equal to $140,846. The Oversight Fee shall be paid in 1998 (for services rendered in 1998).
3. The amount of Investor Limited Partner's Capital Contribution is hereby decreased by an amount equal to $130,000. Accordingly, the amount of the Second Payment (as such term is defined in the Contribution Agreement) and as set forth in the Contribution Agreement and in the Capital Note is hereby reduced from $270,846 to $140,846 and upon payment by the Investor Limited Partner of $140,846 of its Capital Contribution, the Capital Note will be paid in full.
4. Except as modified hereby, the Original Amended Agreement remains unmodified and in full force and effect.
5. This Agreement may be executed in one or more counterparts which together shall constitute one and the same instrument. (Signatures on next page)
Oversight Fee. The Company shall pay Manager an oversight fee in an amount equal to 20/100ths of one percent (0.20%) of Gross Revenues (the “Oversight Fee”) on a monthly basis from rental income received from the Properties over the term of this Agreement. In consideration for the Oversight Fee, the Manager agrees to provide oversight over the Company’s portfolio of Properties, coordinate matters that arise from the Company holding Properties in multiple jurisdictions, and provide certain accounting and tax support for the Company with respect to its portfolio of Properties (the “Oversight Services”).
Oversight Fee. Lessee shall pay to Authority a fee equal to 0.75% of the hard construction cost for Authority’s supervision of the project.
Oversight Fee. Each Fund shall pay the Administrator a fee as agreed to from time to time and as set forth in Exhibit C hereto (the “Oversight Fee”). The Oversight Fee shall be accrued on the first day of each calendar month and shall be paid monthly to the Administrator on the second to last business day of each calendar month. If this Agreement becomes effective or terminates before the end of any calendar month, the Oversight Fee for the period from the effective date to the end of such calendar month or from the beginning of such calendar month to the date of termination, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination occurs.
