Base Management Fee. (a) During the Initial Term and any Renewal Term, Operating Company or its designee(s) shall pay the Manager the Base Management Fee quarterly in arrears, commencing with the quarter in which the Effective Date occurs (with such initial and final payments pro-rated based on the number of days during such initial and final quarter, respectively, that this Agreement was in effect). The Base Management Fee is payable independent of the performance of the Company, any of the Subsidiaries or the Investments.
Appears in 8 contracts
Samples: Management Agreement (Colony Capital, Inc.), Management Agreement (Colony Credit Real Estate, Inc.), Management Agreement (Colony NorthStar, Inc.)
Base Management Fee. (a) During the Initial Term and any Renewal Term, Operating the Company or its designee(s) and the TRS shall pay the Manager the Base Management Fee quarterly in arrears, commencing with the quarter in which the Effective Date occurs this Agreement was executed (with such initial and final payments payment pro-rated based on the number of days during such initial and final quarter, respectively, quarter that this Agreement was in effect). The Base Management Fee is payable independent of the performance of the Company, any of the Subsidiaries or the Investments.
Appears in 5 contracts
Samples: Management Agreement (Colony Financial, Inc.), Management Agreement (Colony Financial, Inc.), Management Agreement (Colony Financial, Inc.)
Base Management Fee. (a) During the Initial Term and any Renewal Term, Operating the Company or its designee(s) shall pay the Manager the Base Management Fee quarterly in arrears, commencing with the quarter in which the Effective Date occurs (with such initial and final payments pro-rated based on the number of days during such initial and final quarter, respectively, that this Agreement was in effect)cash. The Base Management Fee is payable independent of the performance of the Company, any of the Subsidiaries Company or the Investments.
Appears in 3 contracts
Samples: Management Agreement (Jernigan Capital, Inc.), Management Agreement (Jernigan Capital, Inc.), Management Agreement (Jernigan Capital, Inc.)
Base Management Fee. (a) During the Initial Term and any Renewal Term, Operating the Company or its designee(s) shall pay the Manager the Base Management Fee quarterly in arrears, commencing with in cash, following the quarter in which completion of the Effective Date occurs Initial Public Offering (with such initial and final payments payment pro-rated based on the number of days during such initial and final quarter, respectively, quarter that this Agreement was in effect). The Base Management Fee is payable independent of the performance of the Company, any of the Subsidiaries Company or the Investments.
Appears in 2 contracts
Samples: Management Agreement (Jernigan Capital, Inc.), Management Agreement (Jernigan Capital, Inc.)
Base Management Fee. (ai) During the Initial Term and any Renewal TermTerm (each as defined below), Operating the Company or its designee(s) shall pay the Manager the Base Management Fee quarterly in arrears, cash in arrears commencing with the quarter in which the Effective Date occurs this Agreement was executed (with such initial and final payments payment pro-rated based on the number of days during such initial and final quarter, respectively, quarter that this Agreement was in effect). The Base Management Fee is payable independent of the performance of the Company, any of the Subsidiaries or the Investments.
Appears in 1 contract
Samples: Form of Management Agreement (Bayview Mortgage Capital, Inc.)
