Property Disposition Fee. In connection with a Sale of a Real Estate Asset in which the Advisor or any Affiliate of the Advisor provides a substantial amount of services, as determined by the Independent Directors, the Company shall pay to the Advisor or its assignees a Property Disposition Fee equal to the lesser of (i) two percent (2.0%) of the Contract Sales Price of such Real Estate Asset and (ii) one-half of the total brokerage commission paid if a brokerage commission or other disposition fee is paid to a non-Affiliate broker in addition to the Property Disposition Fee paid to the Advisor or its assignees; provided, however, that in no event may the Property Disposition Fee paid to the Advisor, its Affiliates and non-Affiliates exceed the lesser of six percent (6.0%) of the Contract Sales Price and a Competitive Real Estate Commission.
Property Disposition Fee. In connection with a Sale of an Investment (except for such Investments that are traded on a national securities exchange) in which the Advisor or any Affiliate of the Advisor provides a substantial amount of services, as determined by the Independent Directors, the Company shall pay to the Advisor or its assignees a Property Disposition Fee up to the lesser of (i) two percent (2.0%) of the Contract Sales Price of such Investment and (ii) one-half of the total brokerage commission paid if a non-Affiliate is also involved; provided, however, that in no event may the Property Disposition Fee paid to the Advisor, its Affiliates and non-Affiliates exceed the lesser of six percent (6.0%) of the Contract Sales Price and a Competitive Real Estate Commission.
Property Disposition Fee. In connection with a Sale of one or more Properties in which the Advisor provides a substantial amount of services, as determined by the Independent Directors, the Company shall pay to the Advisor a Property Disposition Fee up to the lesser of (i) two percent (2.0%) of the Contract Sales Price of such Property and (ii) one-half (½) of the Competitive Real Estate Commission paid if a non-Affiliate is also involved; provided, however, that in no event may the Property Disposition Fee, when added to all other real estate commissions paid to non-affiliates of the Advisor in connection with such Sale, exceed the lesser of six percent (6.0%) of the Contract Sales Price and a Competitive Real Estate Commission.
Property Disposition Fee. In connection with a Sale of an Investment (except for such Investments that are traded on a national securities exchange) in which the Advisor or any Affiliate of the Advisor provides a substantial amount of services, as determined by the Independent Directors, the Company shall pay to the Advisor or its Affiliate a Property Disposition Fee equal to the lesser of (i) one-half of a Competitive Real Estate Commission or (ii) one percent (1.0%) of the Contract Sales Price of such Investment. Any Property Disposition Fee payable under this Section 10(c) may be paid in addition to commissions paid to non-Affiliates, provided that the total commissions (including such Property Disposition Fee) paid to all Persons by the Company for the Sale of each Investment shall not exceed six percent (6.0%) of the Contract Sales Price.
Property Disposition Fee. The Advisor or its Affiliates shall receive an amount equal to up to one-half of the brokerage commission (the “Property Disposition Fee”) paid on the sale of property, not to exceed 3% of the contract price of each property sold; provided, however, in no event may the real estate commissions paid to our advisor, its affiliates and unaffiliated third parties exceed 6% of the contract sales price.
Property Disposition Fee. When the Company sells or otherwise disposes of an interest in real estate, the Manager will be entitled to a fee equal to one percent (1.0%) of the selling price.
Property Disposition Fee. The Advisor or its Affiliates shall receive an property disposition fee (the "Property Disposition Fee") of three percent (3%) of the gross contract purchase price of each property sold or otherwise disposed of by an Advisee, payable by the OP on behalf of the applicable Advisee upon consummation of the investment; provided, that, the Property Disposition Fee shall be payable only in respect of properties in connection with the sale of which the Advisor provided substantial services, and provided, further, the Property Disposition Fee, together with any and all disposition fees and expenses paid to third parties, whether or not affiliated with the Advisor or the Advisees, shall not exceed, in the aggregate, either (x) six percent (6%) of the gross contract sale price of a particular property or (y) the reasonable, customary and competitive commission paid generally for the sale of a property in light of the size, type and location of such property. In the event that such disposition fees and expenses, including the Property Disposition Fee, exceed such limitation, the Property Disposition Fee shall be reduced by such excess amount.
Property Disposition Fee. The Advisor shall receive a Disposition Fee, in connection with the Sale, exchange or other disposition of one or more Properties, equal to 3% of the gross sales price of such Property(ies) inclusive of any real estate commissions paid to third party real estate brokers (without reduction for any seller or other credits).
Property Disposition Fee. If the Company sells real estate it will pay the Sponsor a property disposition fee equal to 2% of the sale price.
Property Disposition Fee. The General Partner or an Affiliate shall receive a Property Disposition Fee of up to 4% of the gross sale price of any Property sold or otherwise disposed of by the Partnership if the Partnership’s ownership interest in the Property is a Tenant-in-Common Interest or a DST Interest and the Property is subject to a master lease under which the General Partner or an Affiliate serves as the master lessee. In that event, however, notwithstanding any other provision of this Agreement to the contrary, the full amount of the Property Disposition Fee paid by the Partnership to the General Partner or its Affiliates shall be deducted from the General Partner’s 20% Interest in Partnership distributions of Distributable Cash from Capital Transactions, and those distributions, if any, shall then be made to the Limited Partners (including the General Partner and its Affiliates to the extent they purchased Units) instead of to the General Partner, without reducing the Limited Partners’ respective Adjusted Capital Contributions.
