Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.
Appears in 251 contracts
Sources: Advisory Agreement (KBS Real Estate Investment Trust III, Inc.), Advisory Agreement (KBS Growth & Income REIT, Inc.), Advisory Agreement (KBS Real Estate Investment Trust III, Inc.)
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity, or shall negotiate in good faith the terms and conditions pursuant to which the Advisor shall merge with and into the Company as a subsidiary thereof (a "Merger"). A majority of the Independent Directors must approve the new fee structure negotiated with the Advisor or the terms of any Merger, including the consideration payable to the Advisor or its members or equity holders.
Appears in 5 contracts
Sources: Advisory Agreement (Medical Hospitality Group, Inc.), Advisory Agreement (New School Properties, Inc.), Advisory Agreement (New School Properties, Inc.)
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.. A majority of the Independent Directors must approve the new fee structure negotiated with the
Appears in 2 contracts
Sources: Advisory Agreement (Wells Real Estate Investment Trust Inc), Advisory Agreement (Behringer Harvard Reit I Inc)
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life perpetual‑life entity.
Appears in 2 contracts
Sources: Advisory Agreement (Phillips Edison Grocery Center Reit I, Inc.), Advisory Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.. EAST\126969463.2
Appears in 1 contract
Sources: Advisory Agreement (KBS Strategic Opportunity REIT II, Inc.)
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-perpetual life entity.
Appears in 1 contract
Changes to Fee Structure. In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.. EAST\139251319.2
Appears in 1 contract
Sources: Advisory Agreement (KBS Legacy Partners Apartment REIT, Inc.)