Common use of Base Fee Clause in Contracts

Base Fee. The Company shall pay to the Advisor a quarterly base fee (the “Base Fee”) payable in arrears in cash, for services provided by the Advisor in the preceding quarter.

Appears in 4 contracts

Sources: Advisory Agreement (Ashford Hospitality Prime, Inc.), Advisory Agreement (Ashford Hospitality Trust Inc), Advisory Agreement (Ashford Hospitality Prime, Inc.)