Common use of Base Payment Clause in Contracts

Base Payment. During the Term, Service Provider will be entitled to receive an annualized base payment (the “Base Payment”) of not less than $300,000. The Base Payment shall be paid equal installations no less often than semi-monthly.

Appears in 3 contracts

Sources: Services Agreement (Bluerock Residential Growth REIT, Inc.), Services Agreement (Bluerock Residential Growth REIT, Inc.), Services Agreement (Bluerock Residential Growth REIT, Inc.)