Engagement and Certification for Realised Investments. If the Company has sold or otherwise realised any Non-New Zealand Portfolio Assets since last calculating the International Portfolio Realised Incentive Fee or the International Portfolio Realised Incentive Fee has not previously been calculated, the Company shall, if it is believed that an International Portfolio Realised Incentive Fee may be due to the Manager, promptly arrange for the International Portfolio Independent Valuer to determine (at the cost and expense of the Company) such fee as at the next occurring 31 March or, if this is the sale or realisation of the final Non-New Zealand Portfolio Securities held by the Company, the date of such sale or realisation. The International Portfolio Independent Valuer shall certify in writing to the Company the amount payable (if any) to the Manager under clause 9.4.2.
Appears in 4 contracts
Samples: Management Agreement, Management Agreement, Management Agreement
