Common use of Secured Equipment Lease Servicing Fee Clause in Contracts

Secured Equipment Lease Servicing Fee. The fee payable to the Advisor by the Company out of the proceeds of the Line of Credit or Permanent Financing for negotiating Secured Equipment Leases and supervising the Secured Equipment Lease program equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loan.

Appears in 24 contracts

Samples: Advisory Agreement (CNL American Realty Fund Inc), Advisory Agreement (CNL Health Care Properties Inc), Advisory Agreement (CNL Retirement Properties Inc)

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Secured Equipment Lease Servicing Fee. The fee payable Company shall pay to the Advisor by the Company out of the proceeds Proceeds of the Line of Credit or Permanent Financing as compensation for negotiating its respective Secured Equipment Leases and supervising the Secured Equipment Lease program a fee equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loan.

Appears in 23 contracts

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

Secured Equipment Lease Servicing Fee. The fee payable to the Advisor by the Company out of the proceeds of the Line of Credit or Permanent Financing for negotiating Secured Equipment Leases and supervising the Secured Equipment Lease program equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loanlease.

Appears in 2 contracts

Samples: Advisory Agreement (CNL American Properties Fund Inc), Advisory Agreement (CNL American Properties Fund Inc)

Secured Equipment Lease Servicing Fee. The fee payable Company shall pay to the Advisor by the Company out of the proceeds Proceeds of the Line of Credit or Permanent Financing as compensation for negotiating its respective Secured Equipment Leases and supervising the Secured Equipment Lease program a fee equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loanlease.

Appears in 2 contracts

Samples: Advisory Agreement (CNL American Properties Fund Inc), Advisory Agreement (CNL American Properties Fund Inc)

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Secured Equipment Lease Servicing Fee. The fee payable to the Advisor by the Company out of the proceeds of the Line of Credit or Permanent Financing Loan for negotiating Secured Equipment Leases and supervising the Secured Equipment Lease program equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loanlease.

Appears in 1 contract

Samples: Advisory Agreement (CNL American Properties Fund Inc)

Secured Equipment Lease Servicing Fee. The fee payable Company shall pay to the Advisor by the Company out of the proceeds Proceeds of the Line of Credit or Permanent Financing Equipment Loan as compensation for negotiating its respective Secured Equipment Leases and supervising the Secured Equipment Lease program a fee equal to 2% of the purchase price of the Equipment subject to each Secured Equipment Lease and paid upon entering into such lease or loanlease.

Appears in 1 contract

Samples: Advisory Agreement (CNL American Properties Fund Inc)

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