Advisory Fee

Advisory Fee. Means an annual fee, payable monthly, in an amount equal to 0.75% of Consolidated Enterprise Value; provided, however, that when calculating Net Asset Value for Consolidated Enterprise Value for the Advisory Fee, Net Asset Value will exclude (i) the capital contributed by NexPoint and its Affiliates or the Manager to the Company and the Operating Partnership and (ii) the capital contributed by the management team of Manager as required by Section 10 of the Side Letter in connection with the... sale of the Existing Portfolio (as defined in the Side Letter) to the Company or Operating Partnership. For the avoidance of doubt, contributions in connection with the sale of the Existing Portfolio to the Company or Operating Partnership by investors that are not the management team of the Manager or the Manager will be included in Net Asset Value for Consolidated Enterprise Value for the Advisory Fee. View More

Advisory Fee. An annual fee, payable monthly, in an amount equal to 1.00% of the Company's Managed Assets, determined in accordance with Section 9