Incentive Fees Clause Samples

Incentive Fees. Upon a Triggering Event, the Company shall pay to the Advisor a Total Incentive Fee, as calculated following the methodology below. If the Company pays the Advisor the Total Incentive Fee associated with one Triggering Event, the Company will not pay the Advisor any further incentive fees. For each Triggering Event, the Total Incentive Fee is equal to the applicable Legacy Incentive Fee described in Section 8.05, subject to the Hall and ▇▇▇▇▇▇▇▇ Fee Reduction described in Section 8.06. Any Total Incentive Fee due on Public NAV REIT Conversion will be payable to the Advisor in Common Shares and such shares will be subordinate to repurchase requests from other Stockholders under the Company’s share repurchase plan (although no deduction for early repurchase will apply to the Advisor’s Common Shares).

Incentive Fees. Incentive Fee Type Incentive Amount No contact incentive1 $100 Paid in Full (previously 60+ days past due) Short Payoff (Refinance or Note Sale) 1.50% of UPB – Minimum: $500; Maximum: $5,000 1.25% of UPB – Minimum: $500; Maximum: $5,000 Modifications2 1.50% of UPB Payment Plan or other workouts 0.75% of UPB Short Sale3 1.50% of Sales Price – Minimum: $500; Maximum: $5,000 Deed in Lieu 0.5% of UPB – Minimum: $500; Maximum: $3,000 REO Disposition4 1.00% of Sales Price – Minimum: $750; Maximum: $5,000 1 To earn the no contact incentive fee, the Subservicer must take a no contact account and establish produc- tive contact with the borrower (even if that productive contact does not result in a workout).

Incentive Fees. The Subordinated Share of Net Sales Proceeds, the Subordinated Incentive Fee and the Performance Fee. Independent Director. Independent Director shall have the meaning set forth in the Articles of Incorporation.

Incentive Fees. For the avoidance of doubt, the provisions governing incentive fees on existing assets remain intact and shall not be deemed amended by this Agreement. The Investment Manager and each Sub-Advisor may agree in writing from time to time on an incentive fee with respect to particular investments or asset classes managed by such Sub-Advisor.

Incentive Fees. For the avoidance of doubt, the provisions governing incentive fees on existing assets remain intact and shall not be deemed amended by this Agreement. The Investment Manager and each Sub-Advisor may agree in writing from time to time on an incentive fee with respect to particular investments or asset classes managed by such Sub-Advisor. Schedule 2-1 Schedule 2-2 ALL Legacy Incentive Fee Schedule 1. Incentive Fee. In addition to the Management Fee set forth on Schedule 2.1, solely with respect to assets purchased by ALL prior to the Effective Date, the Investment Manager shall pay to ALL an incentive fee equal to twenty percent (20%) of the realized proceeds (including principal repayments and coupon payments, “Proceeds”) in excess of the cost of each investment recommended by ALL, subject to the return of any realized losses on investments recommended by ALL pursuant to this Schedule 2-2 and return of the Preferred Return in respect to each investment, each as fully described below (the “Incentive Fee” and together with the Management Fee, the “Fees”). Specifically, Proceeds from each investment will be allocated as follows: (i) First, to the Investment Manager’s applicable clients (the “Clients”) until such Clients have received an amount equal to: (a) the cost of such investment, plus (b) an amount equal to any previously unreturned realized losses from investments recommended by ALL pursuant to this Schedule 2-2; (ii) Second, to the applicable Clients until such Clients have received an amount equal to interest at the rate of eight percent (8%) per annum, compounded annually, on the cost of such investment, computed from the dates the applicable Clients purchased such investment until the dates that such Clients have been returned the applicable amounts with respect to such investment pursuant to item (i) above (the “Preferred Return”); (iii) Third, (a) 80% to ALL and (b) 20% to the applicable Clients, until ALL has received an amount equal to twenty percent (20%) of the sum of the allocations made pursuant to item (ii) above with respect to such investment and amounts then and previously allocated pursuant to this item (iii) with respect to such investment; and (iv) Finally, 80% to the applicable Clients and 20% to ALL. For the avoidance of doubt, (i) other than temporary impairments, determined by each applicable Client in accordance with such Client’s accounting policies and procedures, shall be treated as realized losses and (ii) the applicable Cli...

Incentive Fees. A. An Incentive Fee equal to the product of the applicable Incentive Fee Percentage(s) in the Tax Liens Incentive Fee Percentage Chart below, multiplied by Adjusted Net Collections for Tax Liens during the Collection Period, shall be paid to the Servicer on the applicable Payment Dates. IFTLPB Ratio Greater Than IFTLPB Ratio Less Than Or Equal To Incentive Fee Percentage 50% 100% 1.0% 25% 50% 2.5% 15% 25% 3.5% 0% 15% 6.0% B. Any increase in the applicable Incentive Fee Percentage, as provided in this section, shall be effective as of the date on which the IFTLPB Ratio fell within the requisite range entitling the Servicer to an increased Incentive Fee, and shall apply only to those Collections falling within such requisite range. For purposes of calculating the applicable Incentive Fee in respect of Tax Liens hereunder, (i) the aggregate outstanding Incentive Fee Tax Lien Principal Balance of the Tax Liens being serviced hereunder shall exclude the Incentive Fee Tax Lien Principal Balance of any Tax Liens transferred to the Servicer from the Co-Servicer, and (ii) the Net Collections relating to Tax Liens transferred to the Servicer from the Co-Servicer shall be included in Net Collections. C. In the event that a Tax Lien is charged-off pursuant to Sections 2.09(a) or 2.09(b)(iii) of this Servicing Agreement, all Lien Administration Expenses associated with said Tax Lien shall be subtracted from the aggregate amount of Lien Administration Expenses for all Tax Liens for the purpose of calculating Net Collections. D. In the event that the Issuer substitutes an Eligible Substitute Tax Lien pursuant to Section 2.04(d)(iii)(C) of the Indenture or Section 3.01(c)(iii)(C) of the applicable Purchase Agreement, as a result of a Tax Lien having become a Defective Tax Lien, then the resulting Substitution Amount shall be subtracted from the aggregate outstanding Incentive Fee Tax Lien Principal Balance of the Tax Liens being serviced hereunder. E. In the event that Tax Liens are transferred from the Co-Servicer to the Servicer, the Servicer shall be entitled to a fee, payable by the Issuer at the time of such transfer, in the total amount of $100 per Tax Lien so transferred, subject to a maximum of $75,000 with respect to any such transfer. The REO Status Report will be a summary of information stored electronically and will include, at a minimum, the following fields: Tax ID Number Original Lien Balance Current Lien Balance Property Description (Type) Land Only Singl...

Incentive Fees. Each Approved Subservicer shall be entitled to receive the following incentive fees for short sale resolutions of Delinquent Subserviced Loans: Sale Price to BPO Incentive Floor $ Cap $ <80% 0.00% 0 0 80% – 85% 0.50% 500 4,500 85% – 90% 0.75% 500 4,500 >90% 1.25% 500 4,500 The short sale incentive shall be the gross sale price multiplied by the incentive percentage, subject to the Floor and Cap, as per the table above. The short sale incentives will be netted with any Treasury-paid servicer incentives in which the Approved Subservicer participates (e.g., Home Affordable Foreclosure Alternatives (“HAFA”) incentives, if applicable); provided, however, that if a loan is HAFA eligible, and the related Approved Subservicer participates in HAFA, such Approved Subservicer shall retain all HAFA incentives so long as the HAFA incentive is greater than the contract incentive. If the contract incentive is greater than the HAFA incentive, the Approved Subservicer shall keep the HAFA incentive and JPMorgan shall pay the Approved Subservicer the difference between the full contract incentive and the HAFA incentive.

Incentive Fees. Congoleum shall pay ABI an annual incentive fee as determined by a majority of the disinterested members of the Board of Directors.

Incentive Fees. Consultant will participate in Altair’s executive bonus compensation pool with an annual target incentive fee equal to € 85,000 for the Initial Term. Fifty (50%) percent of such target incentive fees shall be paid in monthly instalments during the Initial Term and the balance of the incentive fees shall be paid at such time or times as such incentives are paid to other members of the executive bonus compensation pool. After the Initial Term, Consultant’s target incentive fee shall be as determined from time to time by Altair.