Asset Disposition Fee definition

Asset Disposition Fee means a one percent (1%) fee payable to the Manager or a designated Affiliate of the Manager on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Company Asset by the Company, payable at the closing of the Asset disposition.
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Asset Disposition Fee means a fee equal to one percent (1%) of the total sale price of an Asset, payable to the Manager or a designated Affiliate of the Manager upon the closing of the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Asset by the Fund, or at such later time, in arrears, as the Manager may determine in its sole discretion.
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Asset Disposition Fee means a fee paid to Manager upon the sale of a Company Property. Upon the sale of a Property, the Manager shall receive a fee of two percent (2%) of the real property asset sale price, including upon liquidation of the Company or the sale of all or substantially all of the Company’s assets, which shall be paid to Manager at closing of the sale of such Property.
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Examples of Asset Disposition Fee in a sentence

  • The Asset Acquisition Fee and Asset Disposition Fee shall be based on the purchase price of the asset in question and shall be payable at the closing of the acquisition or disposition of each Fund Asset, as the case may be, or at such later time, in arrears, as the Manager may determine in its sole discretion.

  • In addition, the Manager or its affiliate shall be entitled to a one percent (1%) Asset Acquisition Fee and a one percent (1%) Asset Disposition Fee on each and every Fund Asset.


More Definitions of Asset Disposition Fee

Asset Disposition Fee means a fee, payable to Sponsor Partner by the Partnership in an amount approved in advance in writing by BIT Partner (provided, however, that BIT Partner shall not unreasonably withhold or delay its consent to a fee that is consistent with rates for similar services in the market area of the applicable Property), for services in connection with the transfer of any Property to a third party (i.e., to a Person other than either Partner or any Affiliate of either Partner).
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Asset Disposition Fee means a two percent (2%) fee payable to the General Partner on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any Partnership Asset by the Partnership, payable at the closing of the Asset disposition.
Sample 1

Related to Asset Disposition Fee

  • Asset Disposition means any sale, lease, transfer or other disposition (or series of related sales, leases, transfers or dispositions) by the Company or any Restricted Subsidiary, including any disposition by means of a merger, consolidation or similar transaction (each referred to for the purposes of this definition as a "disposition"), of:

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Recovery Event any settlement of or payment in respect of any property or casualty insurance claim or any condemnation proceeding relating to any asset of any Group Member.

  • Asset Sale means, with respect to any Person, the sale, lease, conveyance, disposition or other transfer by such Person of any of its assets (including by way of a sale-leaseback transaction, and including the sale or other transfer of any of the Equity Interests of any Subsidiary of such Person, but not the Equity Interests of such Person) to any Person.