Common use of Supervision Fee Clause in Contracts

Supervision Fee. Landlord’s construction manager shall be entitled to receive a supervisory fee (the “Supervision Fee”) of one percent (1%) of the total project costs incurred to complete the Tenant Work for supervision services provided in connection with review or approval of the Working Drawings, construction management, and other services in connection with construction of the Tenant Work, which Supervision Fee shall be paid out of the Cash Allowance or from other funds available from Tenant.