Examples of Oversight Fee in a sentence
In no event will Owner pay both a Management Fee and an Oversight Fee to Manager with respect to any Property.
In no event shall the Manager (including any Affiliate of the Manager) be entitled to an Oversight Fee if any such third party receives fees greater than the Management Fees set forth in Section 4.1 above.
In no event will Owner pay Manager both a Management Fee and an Oversight Fee with respect to a Property.
The Advisor shall submit an invoice to the Company, accompanied by a computation of the Oversight Fee for the applicable quarter.
When the Manager is not paid by the Joint Venture directly in respect of its services, the applicable Management Fee or Oversight Fee (as defined below) to be paid by the Owner will be calculated by multiplying the Management Fee by the Economic Interest Percentage owned directly or indirectly by the Owner in that Property.