Common use of Reduction in Base Management Fee Clause in Contracts

Reduction in Base Management Fee. Upon a Portfolio Divestiture Event, the amount of the Variable Base Management Fee will be reduced by an amount equal to (A) the Divestiture Distributions multiplied by (B) 1.25%.

Appears in 2 contracts

Sources: Advisory Agreement (Global Net Lease, Inc.), Advisory Agreement (Global Net Lease, Inc.)