Special Servicing Fee. Special servicing fee equal to an annualized rate of 2.00% of the original value of a non-performing asset, payable quarterly in arrears. Whether an asset is deemed to be non-performing is in the sole discretion of the Manager.
Appears in 10 contracts
Samples: Operating Agreement (Fundrise East Coast Opportunistic REIT, LLC), Operating Agreement (Fundrise Midland Opportunistic REIT, LLC), Operating Agreement (Fundrise West Coast Opportunistic REIT, LLC)
Special Servicing Fee. Special servicing fee equal to an annualized rate of 2.001.00% of the original value of a non-performing asset, payable quarterly in arrears. Whether an asset is deemed to be non-performing is in the sole discretion of the Manager.
Appears in 8 contracts
Samples: Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (REITless Impact Opportunity Zone Strategies LLC)
Special Servicing Fee. Special servicing fee equal to an annualized rate of 2.001.00% of the original value of a non-non- performing asset, payable quarterly in arrears. Whether an asset is deemed to be non-performing is in the sole discretion of the Manager.
Appears in 3 contracts
Samples: Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement (Reitless Impact Income Strategies LLC), Operating Agreement
