Asset Management Fee definition
Examples of Asset Management Fee in a sentence
The Asset Management Fee shall be paid either quarterly or monthly depending on the specific Series.
The Asset Management Fee may be paid, at the Advisor’s election, in cash or cash equivalent aggregate NAV amounts of Class I Shares or Class I OP Units.
If the Advisor elects to receive any portion of its Asset Management Fee in Class I Shares or Class I OP Units, the Advisor may elect to have the Company repurchase such Class I Shares or Class I OP Units from the Advisor at a later date.
Any leverage that is utilized in the Series to acquire Property or otherwise shall not be included in calculating the Asset Management Fee for the Series.
The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Asset Management Fee for the applicable month.