Subordinated Performance Fee. 85% of all Subordinated Performance Fees paid to the Advisor, in whatever form payable by the Company (i.e., cash, securities or a promissory note).
Appears in 2 contracts
Samples: Equity Purchase Agreement (ARC Properties Operating Partnership, L.P.), Equity Purchase Agreement (RCS Capital Corp)
Subordinated Performance Fee. 85% of all Subordinated Performance Fees paid to the Advisor, in whatever form payable by the Company (i.e., cash, securities or a promissory note) ), except that the Sub-advisor is entitled to 100% of any Subordinated Performance Fees payable to the Advisor in connection the SIR Transaction.
Appears in 1 contract
Samples: Equity Purchase Agreement (ARC Properties Operating Partnership, L.P.)