Common use of Performance Fee Clause in Contracts

Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid. Permanent Financing. The financing to acquire Assets, to pay a fee of 4.5% of any Permanent Financing as Acquisition Fees, and to refinance outstanding amounts on the Line of Credit.

Appears in 6 contracts

Samples: Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc)

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Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid. Permanent Financing. The financing (i) to acquire Assets, (ii) to pay the Secured Equipment Lease Servicing Fee, (iii) to pay a fee of 4.5% of any Permanent Financing Financing, excluding amounts to fund Secured Equipment Leases, as Acquisition Fees, and (iv) to refinance outstanding amounts on the Line of Credit.

Appears in 5 contracts

Samples: Advisory Agreement (CNL Retirement Properties Inc), Advisory Agreement (CNL Retirement Properties Inc), Advisory Agreement (CNL Retirement Properties Inc)

Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid. Permanent Financing. The financing to acquire Assets, to pay the Secured Equipment Lease Servicing Fee to pay a fee of 4.5% of any Permanent Financing Financing, excluding amounts to fund Secured Equipment Leases, as Acquisition Fees, and to refinance outstanding amounts on the Line of Credit.

Appears in 3 contracts

Samples: Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc)

Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid. Permanent Financing. The financing to acquire Assets, to pay a fee of 4.5% of any Permanent Financing as Acquisition Fees, and to refinance outstanding amounts on the Line of Credit. Permanent Financing may be in addition to any borrowing under the Line of Credit.

Appears in 3 contracts

Samples: Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc), Advisory Agreement (CNL Hospitality Properties Inc)

Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has have not been paid. Permanent Financing. The financing to acquire Assets, to pay the Secured Equipment Lease Servicing Fee to pay a fee of 4.5% of any Permanent Financing Financing, excluding amounts to fund Secured Equipment Leases, as Acquisition Fees, and to refinance outstanding amounts on the Line of Credit.

Appears in 1 contract

Samples: Advisory Agreement (CNL Hospitality Properties Inc)

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Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Listing Fee has not been paid. Permanent FinancingPERMANENT FINANCING. The financing to acquire Assets, to pay a fee of 4.5% of any Permanent Financing as Acquisition and Advisory Fees, and to refinance outstanding amounts on the Line of Credit.

Appears in 1 contract

Samples: Advisory Agreement (Behringer Harvard Real Estate Investment Trust I Inc)

Performance Fee. The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid. Permanent FinancingPERMANENT FINANCING. The financing to acquire Assets, to pay the Secured Equipment Lease Servicing Fee to pay a fee of 4.5% of any Permanent Financing Financing, excluding amounts to fund Secured Equipment Leases, as Acquisition Fees, and to refinance outstanding amounts on the Line of Credit.

Appears in 1 contract

Samples: Advisory Agreement (CNL American Realty Fund Inc)

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