Common use of SPECIAL TERMINATION PAYMENT Clause in Contracts

SPECIAL TERMINATION PAYMENT. The Advisor shall receive a Special Termination Payment (as defined below) if the Company terminates or does not renew this Agreement without cause. The Special Termination Payment shall be an amount equal to the projected Asset Management Fee for the one-year period following the date of the termination of this Agreement.

Appears in 6 contracts

Samples: Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc), Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc), Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc)

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SPECIAL TERMINATION PAYMENT. The Advisor shall receive a Special Termination Payment (as defined below) if the Company terminates or does not renew this Agreement without causeAgreement, or the Advisor terminates this Agreement, for any reason at any time. The Special Termination Payment shall be an amount equal to the projected Asset Management Fee for the one-year period following the date of the termination of this Agreement.

Appears in 3 contracts

Samples: Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc), Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc), Advisory Services Agreement (Boston Capital Real Estate Investment Trust Inc)

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