Determination of Fees. All fees and other sums payable by Owner to Manager hereunder (except as otherwise provided herein) shall cease and be determined (subject to claims by Owner for Damages in connection with defaults by Manager) as of the expiration or termination of this Agreement, but the obligation to pay such determined but unpaid fees and reimbursements shall survive the expiration or termination of this Agreement. Management Fees for partial months shall be pro rated on the basis of the number of days in said month. Leasing Commissions are deemed to be earned at the time of lease execution and shall be paid in accordance with Sections 6.3, 6.4, 6.5, 6.6 and 6.7.
Appears in 2 contracts
Sources: Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD), Management and Leasing Agreement (AmREIT Monthly Income & Growth Fund III LTD)