Determination of Fees. Except as otherwise expressly provided in this Agreement, all fees and other sums payable by Owner to Manager hereunder (including the Management Fee) 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. Management Fees for partial months shall be pro rated on the basis of the number of days in said month and the number of days which have elapsed in said month on the date of termination of this Agreement.
Appears in 2 contracts
Sources: Tenancy in Common Agreement, Tenancy in Common Agreement (Bluerock Residential Growth REIT, Inc.)