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.
Appears in 7 contracts
Samples: Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.), Advisory Agreement (American Realty Capital - Retail Centers of America, Inc.)
Oversight Fee. The Company shall pay the Advisor an Oversight Fee equal to one percent (1.0%) % of the gross revenues from Properties Real Estate Assets managed by any Person that is not an Affiliate of the Advisor; provided that no Oversight Fee shall be payable in respect of management services having fees greater than those described in Section 11(d) above. 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.
Appears in 1 contract
Samples: Advisory Agreement (American Realty Capital - Retail Centers of America II, Inc.)
