Common use of Investment Fee Clause in Contracts

Investment Fee. The Fund shall pay Ridgewood out of Fund Property an investment fee in an amount equal to 4.5% of the base amount of each Capital Contribution per Investor Share. The base amounts are computed at the rate of $150,000 of Capital Contributions per Investor Share, without considering any discounts or waivers of fees. The investment fee payable in respect of Investors whose subscriptions for Shares are accepted by the Fund in 2004 is for the Manager's services provided in that year and the fee payable by Investors whose subscriptions for Shares are accepted by the Fund in a later year is for those services for capital contributed in that year. The fee in respect of services performed by the Manager during any year in which such additional funds are received by the Fund under Section 9.5 shall be payable upon the later of each date on which payment is accepted by the Fund or the fulfillment of any applicable escrow conditions.

Investment Fee. The Fund shall pay Ridgewood out of Fund Property an investment fee in an amount equal to 4.5% of the base amount of each Capital Contribution per Investor Share. The base amounts are computed at the rate of $150,000 of Capital Contributions per Investor Share, without considering any discounts or waivers of fees. The investment fee payable in respect of Investors whose subscriptions for Shares are accepted by the Fund in 2004 2005 is for the Manager's services provided in that year and the fee payable by Investors whose subscriptions for Shares are accepted by the Fund in a later year is for those services for capital contributed in that year. The fee in respect of services performed by the Manager during any year in which such additional funds are received by the Fund under Section 9.5 9.6 shall be payable upon in accordance with the later of each date on which payment is accepted by the Fund or the fulfillment terms and conditions of any applicable escrow conditionssuch offering pursuant to Section 9.6.

Investment Fee. The Fund shall pay Ridgewood out of Fund Property an investment fee in an amount equal to 4.5% of the base amount of each Capital Contribution per Investor Share. The base amounts are computed at the rate of $150,000 of Capital Contributions per Investor Share, without considering any discounts or waivers of fees. The investment fee payable in respect of Investors whose subscriptions for Shares are accepted by the Fund in 2004 2006 is for the Manager's services provided in that year and the fee payable by Investors whose subscriptions for Shares are accepted by the Fund in a later year is for those services for capital contributed in that year. The fee in respect of services performed by the Manager during any year in which such additional funds are received by the Fund under Section 9.5 9.6 shall be payable upon in accordance with the later of each date on which payment is accepted by the Fund or the fulfillment terms and conditions of any applicable escrow conditionssuch offering pursuant to Section 9.6.

Investment Fee. The Fund shall pay Ridgewood out of Fund Property an investment fee in an amount equal to 4.5% of the base amount of each Capital Contribution per Investor Share. The base amounts are computed at the rate of $150,000 of Capital Contributions per Investor Share, without considering any discounts or waivers of fees. The investment fee payable in respect of Investors whose subscriptions for Shares are accepted by the Fund in 2004 is for the Manager's services provided in that year and the fee payable by Investors whose subscriptions for Shares are accepted by the Fund in a later year is for those services for capital contributed in that year. The fee in respect of services performed by the Manager during any year in which such additional funds Funds are received by the Fund under Section 9.5 shall be payable upon the later of each date on which payment is accepted by the Fund or the fulfillment of any applicable escrow conditions.

Investment Fee. The Fund shall pay Ridgewood out of Fund Property an investment fee in an amount equal to 4.5% of the base amount of each Capital Contribution per Investor Share. The base amounts are computed at the rate of $150,000 of Capital Contributions per Investor Share, without considering any discounts or waivers of fees. The investment fee payable in respect of Investors whose subscriptions for Shares are accepted by the Fund in 2004 2007 is for the Manager's ’s services provided in that year and the fee payable by Investors whose subscriptions for Shares are accepted by the Fund in a later year is for those services for capital contributed in that year. The fee in respect of services performed by the Manager during any year in which such additional funds are received by the Fund under Section 9.5 9.6 shall be payable upon in accordance with the later of each date on which payment is accepted by the Fund or the fulfillment terms and conditions of any applicable escrow conditionssuch offering pursuant to Section 9.6.