Common use of Value of Advisor Equity Clause in Contracts

Value of Advisor Equity. If the Key Money Investment is made in the form of equity of the Advisor, the value of such Key Money Investment will be based on the average of the daily Market Price of the Advisor’s common stock for the ten (10) consecutive trading days immediately preceding the Key Money Investment date.

Appears in 4 contracts

Samples: Advisory Agreement (Ashford Inc), Advisory Agreement (Ashford Hospitality Prime, Inc.), Advisory Agreement (Ashford Hospitality Trust Inc)

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Value of Advisor Equity. If the Key Money Investment is made in the form of equity of the Advisor, the value of such Key Money Investment will be based on the average of the daily Market Price of the Advisor’s common stock Advisor Common Stock for the ten (10) consecutive trading days immediately preceding the date the Key Money Investment dateis made.

Appears in 4 contracts

Samples: Advisory Agreement, Advisory Agreement (Braemar Hotels & Resorts Inc.), Advisory Agreement (Ashford Hospitality Prime, Inc.)

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