Incentive Partnership Management Fee Sample Clauses

Incentive Partnership Management Fee. The Partnership has entered into a Partnership Management Services Agreement with the General Partner of even date herewith for its services in managing the business of the Partnership for the period from the date hereof throughout the term of the Partnership, commencing in 1997. Such agreement includes provisions to the effect that in return for its services in administering and directing the business of the Partnership, maintaining appropriate books and records relating to all financial affairs of the Partnership, and reporting periodically to the Partners, the Lender and the Agency with respect to the financial and administrative affairs of the Partnership and the Apartment Complex, the Partnership shall pay to the General Partner, from the Cash Flow and/or from Proceeds of Capital Transactions of the Partnership available for distribution and in accordance with Section 11.03A(e) and 11.04(A)(c)(3) an annual Incentive Partnership Management Fee. Such fee shall be payable in accordance with the provisions of any applicable regulations of the Lender or the Agency and of the Project Documents and shall be in an amount equal to $3,700 per year, commencing in 1997 and payable from Cash Flow. Such fee shall not be cumulative from year to year and shall only be paid to the extent that Cash Flow or Proceeds of Capital Transaction are sufficient to make all or a portion of the then- due payments. 8.11.1
Sample 1See All (7)
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Incentive Partnership Management Fee. The Partnership has entered into the Incentive Partnership Management Agreement with Wichita GP for Wichita GP's services in managing the business of the Partnership. In no event shall the Incentive Partnership Management Fee exceed $100,000.00 per year. The Incentive Partnership Management Fee shall only be payable pursuant to Section 9.1 of this Agreement and shall not be cumulative.
Sample 1Sample 2
Incentive Partnership Management Fee. The Partnership has entered into a Partnership Management Services Agreement with the General Partner of even date herewith for its services in managing the business of the Partnership for the period from the date hereof throughout the term of the Partnership, an annual Incentive Partnership Management Fee in the amount of $5,000 per annum, commencing in 1998 with a pro rata portion of the Incentive Partnership Management Fee for 1997 pursuant to the Partnership Management Services Agreement. Such agreement includes provisions to the effect that in return for its services in administering and directing the business of the Partnership, maintaining appropriate books and records relating to all financial affairs of the Partnership, and reporting periodically to the Partners, the Lender and the Agency with respect to the financial and administrative affairs of the Partnership and the Apartment Complex, the Partnership shall pay to the General Partner, from the Cash Flow and/or from Proceeds of Capital Transactions of the Partnership available for distribution and in accordance with Section 11.03A(e) and 11.04(b)(4) an annual Incentive Partnership Management Fee. Such fee shall be payable in accordance with the provisions of any applicable regulations of the Lender or the Agency and of the Project Documents and shall be in an amount equal to $5,000 per year, commencing in 1998 with a pro rata portion of the Incentive Partnership Management Fee for 1997 pursuant to the Partnership Management Services Agreement, and payable from Cash Flow in accordance with Section 11.03A(e) and 11.04(b)(4). Such fee shall be cumulative from year to year until Cash Flow or Proceeds of Capital Transaction are sufficient to make all accrued payments due.
Sample 1
Incentive Partnership Management Fee. The Partnership has entered into a Partnership Management Services Agreement with the General Partner of even date herewith for its services in managing the business of the Partnership for the period from the date hereof throughout the term of the Partnership. Such agreement includes provisions to the effect. that in return for its services in administering and directing the business of the Partnership, maintaining appropriate books and records relating to all financial affairs of the Partnership, and reporting periodically to the Partners, the Lender and the Agency, as applicable, with respect to the financial and administrative affairs of the Partnership and the Apartment Complex, the Partnership shall pay to the General Partner, solely from the Net Cash Flow of the Partnership available for distribution and in accordance with Section 11.01(a), an annual Incentive Partnership Management Fee. Such fee shall be in accordance with the provisions of any applicable Lender regulations and of the Project Documents, and shall be in an amount equal to $7,500 per year, commencing in 1997.
Sample 1
Incentive Partnership Management Fee. The Partnership has entered into a Partnership Management Services Agreement with the General Partner of even date herewith for its services in managing the business of the Partnership for the period from the date hereof throughout the term of the Partnership. Such agreement includes provisions to the effect that in return for its services in administering and directing the business of the Partnership, maintaining appropriate books and records relating to all financial affairs of the Partnership, and reporting periodically to the Partners, the Lenders and the Agency with respect to the financial and administrative affairs of the Partnership and the Apartment Complex, the Partnership shall pay to the General Partner, solely from the Cash Flow of the Partnership available for distribution and in accordance with Section 11.03A(d), an annual Incentive Partnership Management Fee. Such fee shall be payable in accordance with the provisions of any applicable regulations of the Lenders or the Agency and of the Project Documents and shall be in an amount equal to $5,000 per year, commencing in 1996.
Sample 1
Incentive Partnership Management Fee. The Partnership has entered into a Partnership Management Services Agreement with the General Partner of even date herewith for its services in managing the business of the Partnership for the period from the date hereof throughout the term of the Partnership, an annual Incentive Partnership Management Fee in the amount of $7,500 per annum if available from Cash Flow, commencing in 1998 pursuant to the Partnership Management Services Agreement. Such agreement includes provisions to the effect that in return for its services in administering and directing the business of the Partnership, maintaining appropriate books and records relating to all financial affairs of the Partnership, and reporting periodically to the Partners, the Lender and the Agency with respect to the financial and administrative affairs of the Partnership and the Apartment Complex, the Partnership shall pay to the General Partner, from the Cash Flow and/or from Proceeds of Capital Transactions of the Partnership available for distribution and in accordance with Section 11.03A an annual Incentive Partnership Management Fee. If, in any Fiscal Year, Cash Flow and/or proceeds from Capital Transactions are insufficient to pay the Incentive Partnership Management Fee, any unpaid portion of said Incentive Partnership Management Fee shall accrue, without interest and shall be payable on a cumulative basis in the first year in which there is sufficient Cash Flow available for the payment of such fee, or in the first year in which proceeds of a Capital Transaction are available. Such fee shall be payable in accordance with the provisions of any applicable regulations of any Lender or the Agency and of the Project Documents and shall be in an amount equal to $7,500 per year, commencing in 1998 with a pro rata portion of the Incentive Partnership Management Fee for 1997 pursuant to the Partnership Management Services Agreement, and payable from Cash Flow in accordance with Section 11.03A(e). 8.11.1
Sample 1
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Related to Incentive Partnership Management Fee

  • Incentive Management Fee In addition to the Management Fee, RREM shall, on an annual basis, pay to Manager, an Incentive Management Fee equal to thirty percent (30%) of the actual income for each calendar year in excess of 110% of the budgeted income for such calendar year, not to exceed $7,500.

  • Asset Management Fee The fee payable to the Advisor for day-to-day professional management services in connection with the Company and its investments in Assets pursuant to Section 3.01(a) of this Agreement.

  • Base Management Fee The Base Management Fee will be calculated at an annual rate of 2.0% of the Company’s gross assets, exclusive of cash and cash equivalents. The base management fee will be payable quarterly in arrears and will be calculated based on the average value of the Company’s gross assets at the end of the two most recently completed calendar quarters (and, in the case of our first quarter, our gross assets as of such quarter-end). The base management fee may or may not be taken in whole or in part at the discretion of the Adviser. All or any part of the base management fee not taken as to any quarter will be deferred without interest and may be taken in such other quarter as the Adviser will determine. The base management fee for any partial month or quarter will be appropriately prorated.

  • Asset Management Fees (i) Except as provided in Section 8.03(ii) hereof, the Company shall pay the Advisor as compensation for the services described in Section 3.03 hereof a monthly fee (the “Asset Management Fee”) in an amount equal to one-twelfth of 0.75% of the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments. The Advisor shall submit a monthly invoice to the Company, accompanied by a computation of the Asset Management Fee for the applicable period. The Asset Management Fee shall be payable on the last day of such month, or the first business day following the last day of such month. The Asset Management Fee may or may not be taken, in whole or in part, as to any period in the sole discretion of the Advisor. All or any portion of the Asset Management Fees not taken as to any period shall be deferred without interest and may be paid in such other fiscal period as the Advisor shall determine.

  • Investment Management Fee For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the monthly management fee rate (including performance adjustments, if any) that the Portfolio is obligated to pay the Advisor under its Management Contract with the Advisor, multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month. If in any fiscal year the aggregate expenses of the Portfolio exceed any applicable expense limitation imposed by any state or federal securities laws or regulations, and the Advisor waives all or a portion of its management fee or reimburses the Portfolio for expenses to the extent required to satisfy such limitation, the Investment Management Fee paid to the Sub-Advisor will be reduced by 50% of the amount of such waivers or reimbursements multiplied by the fraction determined in (ii). If the Sub-Advisor reduces its fees to reflect such waivers or reimbursements and the Advisor subsequently recovers all or any portion of such waivers and reimbursements, then the Sub-Advisor shall be entitled to receive from the Advisor a proportionate share of the amount recovered. To the extent that waivers and reimbursements by the Advisor required by such limitations are in excess of the Advisor's management fee, the Investment Management Fee paid to the Sub-Advisor will be reduced to zero for that month, but in no event shall the Sub-Advisor be required to reimburse the Advisor for all or a portion of such excess reimbursements.

  • Collateral Management Fee Borrower shall pay Lender as additional interest a monthly collateral management fee (the "Collateral Management Fee") equal to 0.0625% per month of the Fee Facility Cap. The Collateral Management Fee shall be payable monthly in arrears on the first day of each successive calendar month (starting with the month in which the Closing Date occurs).

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • General Partner Gross Income Allocation After giving effect to the special allocations in paragraph 2 but prior to any allocations under subparagraphs 1(a) or 1(b), there shall be specially allocated to the General Partner an amount of (i) first, items of Partnership income and (ii) second, items of Partnership gain during each fiscal year or other applicable period in an amount equal to the excess, if any, of (A) the cumulative distributions made to the General Partner under Section 7.3(b) of the Agreement, other than distributions which would properly be treated as “guaranteed payments” or which are attributable to the reimbursement of expenses which would properly be either deductible by the Partnership or added to the tax basis of any Partnership asset, over (B) the cumulative allocations of Partnership income and gain to the General Partner under this subparagraph 1(c)(i).

  • Construction Management Fee The Construction Management Fee for the Project shall be either a ☒Lump Sum or ☐Not-To-Exceed Fee of Fifty-One Thousand, Four Hundred Fifty-Six Dollars and Twenty-Three Cents ($51,456.23). NOTE: Allowances will be on a Not-To-Exceed basis. All unused funds will be returned to the School District at the time of construction closeout. Fee will be paid only on cost of work for these items. Exhibit C- Project Assignment Page 2 of 4

  • Incentive Fee The Incentive Fee shall consist of two parts, as follows:

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