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, 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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Examples of Asset Disposition Fee in a sentence

  • Asset Disposition Fee A fee equal to two percent (2%) of the sale price of an asset, payable to the General Partner on the disposition (meaning the sale, transfer, assignment, or other conveyance) of any asset by the Company, payable at the closing of the asset disposition.

  • 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.

  • For greater certainty, in the event of a sale of the Site by the SPV (but subject to the other terms and provision set out herein), CPRX shall be entitled to the Asset Disposition Fee plus its share of net sale proceeds as determined in accordance with the CPRX Factor.

  • In the event such assets are sold by a joint venture in which the Company or the Operating Partnership is a member or partner, directly or indirectly, the Asset Disposition Fee shall be an amount equal to 1.0% of the total sale price of the property sold by such joint venture, subject to the provisions set forth below.

  • The Asset Disposition Fee shall be billed the month following the sale, collection or refinancing.


More Definitions of Asset Disposition Fee

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.
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Related to Asset Disposition Fee

  • 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 the sale, lease, transfer or other disposition (including by means of Sale and Lease-Back Transactions, and by means of mergers, consolidations, amalgamations and liquidations of a corporation, partnership or limited liability company of the interests therein of the Borrower or any Subsidiary) by the Borrower or any Subsidiary to any Person of any of the Borrower’s or such Subsidiary’s respective assets.