Property Management Fee definition

Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

Property Management Fee shall equal three percent (3%) of Base Rent due from Tenant. Tenant shall pay the Property Management Fee in accordance with Section 9.2 with respect to the entire Term, including any extensions thereof or any holdover periods, regardless of whether Tenant is obligated to pay Base Rent, Operating Expenses or any other Rent with respect to any such period or portion thereof.

Property Management Fee. A fee for property management services rendered by the Advisor or its Affiliates in connection with Properties acquired directly or through foreclosure.

Examples of Property Management Fee in a sentence

• The Manager shall be entitled to the fees, including, but not limited to, the Property Management Fee, and to expense reimbursement, each in accordance with the Management Agreement.

• Upon the expiration or earlier termination of this Agreement, the parties will prorate the Property Management Fee on a daily basis to the effective date of such expiration or termination.

• The Property Management Fee shall be prorated for any partial year and shall be payable in equal monthly installments, in advance.

• The Property Management Fee shall be payable on the first day of each month from the Operating Account or from other funds timely provided by the Company.

• Owner shall pay to Manager a "Property Management Fee" for management of the Property pursuant to this Agreement in an amount equal to five percent (5%) of the monthly gross revenues from the Property.

More Definitions of Property Management Fee

Property Management Fee means any fee paid to an Affiliate or third party as compensation for management of the Company's Properties as described in Section 9(c).

Property Management Fee shall equal three percent (3%) of Rent due from Tenant. Tenant shall pay the Property Management Fee (on a monthly basis) in accordance with Section 9.2 with respect to the entire Term, including any extensions thereof or any holdover periods, regardless of whether Tenant is obligated to pay Base Rent, Operating Expenses or any other Rent with respect to any such period or portion thereof. For the first three (3) months of the Term (and any period of occupancy prior to the Term as further described in Section 9.5), the Property Management Fee shall be calculated as if Tenant were paying Thirty-Eight Thousand Three Hundred Sixty-Seven and 45/100 Dollars $38,367.45 per month for Base Rent.

Property Management Fee. As defined in the Property Management Agreement.

Property Management Fee means the management fee payable to each Property Manager pursuant to the applicable management agreement.

Property Management Fee shall equal three percent (3%) of the Base Rent due from Tenant.

Property Management Fee shall equal two percent (2%) of the Basic Annual Rent due from Tenant.

Property Management Fee shall have the meaning provided in Section 9.7.