Base Management Fee. During the Term, Management Company shall receive five percent (5%) of the gross collected Revenues received each month (“Base Management Fee”). The Base Management Fee for each month shall be paid to Management Company from the Operating Account of the Facility no later than fifteen (15) days following the end of that month.

Management Fee. Pay any management fee, consulting fee, or similar fee to the Sponsors, any of its equity holders, or any Affiliate thereof.

Management Fee. Pay any management fee, consulting fee, or similar fee to the Sponsors, any of its equity holders, or any Affiliate thereof.

Management Fee. As consideration for the services to be rendered by Manager pursuant to this Agreement as manager and operator of the Premises, Manager shall be paid the following Base Management Fee and Incentive Management Fee (as such terms are hereinafter defined (collectively called the “Management Fee”) for the Hotel as follows:

Collateral Management Fee. From and following the Closing Date, on the first day of each month, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the product obtained by multiplying # the greater of # the average end-of-day principal balance of Revolving Loans outstanding during the immediately preceding month and # the Minimum Balance, by # one half of one percent (0.50%) per annum. For purposes of calculating the average end-of-day principal balance of Revolving Loans, all funds paid into the Payment Account (or which were required to be paid into the Payment Account hereunder) or otherwise received by Agent for the account of Borrowers shall be subject to a five (5) Business Day clearance period. The collateral management fee shall be payable monthly in arrears on the first day of each calendar month and shall be deemed fully earned when due and payable and, once paid, shall be non-refundable.

Borrowers shall pay Lender as additional interest a monthly collateral management fee (the “Collateral Management Fee”) for monitoring and servicing the Revolving Facility, equal to one-fifth of one percent (0.20%) per month calculated on the basis of the average daily balance under the Revolving Facility outstanding during the preceding month. The Collateral Management Fee shall be payable monthly in arrears but in no event later than the first day of each successive calendar month (starting with January 1, 2022). Payment of the Collateral Management Fee shall be made, at the discretion of Lender: # by application of available funds in the Concentration Account pursuant to Section 2.5, # by application of Advances under the Revolving Facility pursuant to Section 2.1, or # upon two Business Days’ notice, directly by Borrowers. The final payment shall be prorated to the date of payment in full and shall be paid on that date as part of the Obligations.

Management Fee. Pay any management fee, consulting fee, or similar fee to the Sponsors, any of its equity holders, or any Affiliate thereof.

Construction Management Fee. Landlord, or an agent of Landlord, shall be paid a construction management fee (the “Construction Management Fee”) equal to three percent (3%) of the amount of the Constructions Costs for the Tenant Improvements. The Construction Management Fee shall be included in the Construction Costs. Landlord shall deduct from the Allowance and pay its agent the amount of Construction Management Fee on a monthly basis. Tenant shall be responsible for payment of the Construction Management Fee to the extent Construction Costs exceed the Allowance.

Management Fee. Pay any management fee, consulting fee, or similar fee to the Sponsors, any of its equity holders, or any Affiliate thereof.

Management Fee. Pay any management fee, consulting fee, or similar fee to the Sponsors, any of its equity holders, or any Affiliate thereof.