Investment Manager Compensation Sample Clauses

Investment Manager Compensation. As compensation for its administrative and management activities hereunder and reimbursement for its expenses, the Investment Manager or its designee shall be entitled to receive the Investment Management Fee and reimbursement of its expenses pursuant to the provisions of Section 2.7(a)(3), Section 2.7(b)(3), and Section 2.8(3) as applicable.
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Investment Manager Compensation. As compensation for its performance of the services and duties contemplated in this Agreement, the Fund shall pay the Investment Manager out of the Managed Assets an investment management fee (“Investment Management Fee”). The Investment Management Fee shall accrue monthly and be paid by the Fund to the Investment Manager in advance, promptly after the beginning of each calendar quarter, in the amount of 1/4 of 0.75% of such quarter’s beginning Managed Asset Value (calculated taking account of any subscriptions effected as of such date and not taking account of any deduction of the Investment Management Fee. Promptly after the beginning of each quarter, the Fund shall cause the Fund’s administrator to send the Investment Manager a statement of the Managed Assets of the Fund for the relevant quarter to allow the Investment Manager to calculate its Investment Management Fee and to draw up its invoice. The Investment Manager shall be free to contest data included in any such statement if, in its reasonable judgment, such data is inaccurate. Invoices shall be sent by the Investment Manager to the Fund and payment of the Investment Management Fee shall be due within fifteen (15) business days following receipt of the invoice by the Fund. The Investment Management Fee shall be invoiced and paid in U.S. Dollars by bank transfer to the Investment Manager’s bank account (as specified by the Investment Manager). The Investment Management Fee will be prorated for any period shorter than a calendar quarter, such as upon the Fund’s commencement of operations, the Fund’s termination, or the termination or amendment of the Investment Management Agreement, by calculating the applicable quarter’s Investment Management Fee with reference to the proportion of calendar days during the quarter for which the Investment Management Fee was and was not payable, and the Investment Manager will promptly reimburse any excess. The Investment Management Fee payable by the Fund is reduced to 0% with respect to any period in which the Fund invests substantially all of its investable assets in Fintan Alternative Fixed Income Master Fund, LLC or in another investment company sponsored by the Investment Manager, or sponsored by a person controlling, controlled by or under common control with the Investment Manager that has an investment management agreement with the Investment Manager.
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Investment Manager Compensation. The Manager shall be paid a fee as specified below by the Client as full compensation for services rendered under the Investment Manager Agreement effective October 15, 1999. Upon presentation of an invoice by the Manager, after the close of each quarter, the Client shall pay the Manager a management fee which shall be calculated on the value of the assets of the Account and paid at one-fourth of the following annual fee rate: All Assets..................................................0.125% subject to a minimum quarterly fee of $6,250. For purposes of the calculation of the fee, the value of the securities (including all cash and cash equivalents) in the Account shall be determined as of the Appraisal Date at the end of each calendar quarter. If the Manager shall serve for less than the whole of any calendar quarter, its compensation shall be determined as provided above on the basis of the value of assets in the Account on the date of termination and shall be payable on a pro rata basis for the period of the calendar quarter for which it has served as Manager hereunder. In the event funds are contributed to or withdrawn from the Account during the calendar quarter, the amount of the management fee then due shall be prorated proportionately.
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Investment Manager Compensation. 4 2.2 Investment Manager Expenses. ..........................4 2.3
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Investment Manager Compensation. The Investment Manager shall be entitled to receive the Investment Management Fee and the Investment Manager Reimbursable Expenses, in each case, as set forth in this Agreement (including Section 2.4 hereof).
Sample 1
Investment Manager Compensation. As compensation for its services hereunder, the General Partner shall pay to the Investment Manager a management fee which shall be equal to the Investment Management Fee in accordance with Section 2.11 of the Venture Agreement. The Investment Management Fee shall accrue and be payable quarterly in advance in the manner and at the times set forth in Section 2.11 of the Venture Agreement (which is incorporated herein by reference). Within 90 days of the end of each calendar year, the General Partner and the Investment Manager shall jointly calculate and determine the aggregate Investment Management Fee that accrued to the Investment Manager for such year. As provided in the Venture Agreement, to the extent the amount of Investment Management Fee payments actually received by the Investment Manager during such year exceeded the calculated amount, such excess shall be applied to the Investment Management Fee payments to be made to the Investment Manager in the next quarter(s) until recouped; provided, however, that if upon termination of this Agreement any portion of such excess amount remains unpaid, the Investment Manager shall pay the General Partner such remaining excess amount in full as promptly as practicable after such
Sample 1
Investment Manager Compensation. As compensation for its services in --------------------------------- acting as Investment Manager of the Fund, the General Partner shall pay to the Investment Manager a management fee which shall be equal to the Investment Management Fee in accordance with Section 2.11 of the Venture Agreement. The Investment Management Fee shall accrue and be payable quarterly in advance in the manner and at the times set forth in Section 2.11 of the Venture Agreement (which is incorporated herein by reference). Within 90 days of the end of each calendar year, the General Partner and the Investment Manager shall jointly calculate and determine the aggregate Investment Management Fee that accrued to the Investment Manager for such year. As provided in the Venture Agreement, to the extent the amount of Investment Management Fee payments actually received by the Investment Manager during such year exceeded the calculated amount, such excess shall be applied to the Investment Management Fee payments to be made to the Investment Manager in the next quarter(s) until recouped; provided, however, that if upon termination of this Agreement any portion of such excess amount remains unpaid, the Investment Manager shall pay the General Partner such remaining excess amount in full as promptly as practicable after such termination. As provided in the Venture Agreement, to the extent the calculated amount exceeds the amount of Investment Management Fee payments actually received by the Investment Manager, the General Partner shall pay the Investment Manager the difference between such amounts. The General Partner shall fund the payment of the Investment Management Fee from funds obtained on account of the Fund Management Fee (as well as from its "carried interest" or "promote" as contemplated by the Venture Agreement) received from the Fund as promptly as practicable after the calculation of such excess amount.
Sample 1
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Investment Manager Compensation. As compensation for its services in acting as Investment Manager of the Fund, the Fund shall pay to the Investment Manager a investment management fee (the "Investment Management Fee") equal to 0.75% per annum of the Fund's aggregate Invested Capital (as defined in the Venture Agreement). The Investment Management Fee shall accrue and be payable monthly in arrears. Within 90 days of the end of each calendar year, the Members of the Fund and the Investment Manager shall jointly calculate and determine the aggregate Investment Management Fee that accrued to the Investment Manager for such year based on the formula provided above. As provided in the Venture Agreement, to the extent the amount of Investment Management Fee payments actually received by the Investment Manager during such year exceeded the calculated amount, such excess shall be applied to the Investment Management Fee payments to be made to the Investment Manager in the next quarter(s) until recouped; provided, however, that if upon termination of this Agreement any portion of such excess amount remains unpaid, the Investment Manager shall pay the Fund such remaining excess amount in full as promptly as practicable after such termination. As provided in the Venture Agreement, to the extent the calculated amount exceeds the amount of Investment Management Fee payments actually received by the Investment Manager, the Fund shall pay the Investment Manager the difference between such amounts as promptly as practicable after the calculation of such excess amount.
Sample 1
Investment Manager Compensation. Investment Manager Compensation shall be specially allocated among the Limited Partners to the extent the General Partner determines necessary to reflect the intended economic effect of the separate calculation and charging of Investment Manager Compensation among the Limited Partners as provided in Section 3.5.
Sample 1

Related to Investment Manager Compensation

  • 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.

  • Discretionary Investment Management Services The Adviser shall act as investment adviser with respect to each Fund. In such capacity, the Adviser shall, subject to the supervision of the Board, regularly provide each Fund with investment research, advice and supervision and shall furnish continuously an investment program for each Fund, consistent with the respective investment objectives and policies of each Fund. The Adviser shall determine, from time to time, what securities shall be purchased for each Fund, what securities shall be held or sold by each Fund and what portion of each Fund’s assets shall be held uninvested in cash, subject always to the provisions of the Trust’s Agreement and Declaration of Trust (“Declaration of Trust”), as amended and supplemented (the “Declaration of Trust”), Bylaws and its registration statement on Form N-1A (the “Registration Statement”) under the 1940 Act, and under the Securities Act of 1933, as amended (the “1933 Act”), as filed with the Securities and Exchange Commission (the “Commission”), and with the investment objectives, policies and restrictions of each Fund, as each of the same shall be from time to time in effect. To carry out such obligations, and to the extent not prohibited by any of the foregoing, the Adviser shall exercise full discretion and act for each Fund in the same manner and with the same force and effect as each Fund itself might or could do with respect to purchases, sales or other transactions, as well as with respect to all other such things necessary or incidental to the furtherance or conduct of such purchases, sales or other transactions. No reference in this Agreement to the Adviser having full discretionary authority over each Fund’s investments shall in any way limit the right of the Board, in its sole discretion, to establish or revise policies in connection with the management of a Fund’s assets or to otherwise exercise its right to control the overall management of a Fund.

  • Investment Advisory Services The Adviser undertakes to act as investment adviser of the Portfolio and shall, subject to the supervision of the Fund's Board of Trustees, direct the investments of the Portfolio in accordance with the investment objective, policies and limitations as provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 and rules thereunder, as amended from time to time (the "1940 Act"), and such other limitations as the Portfolio may impose by notice in writing to the Adviser. The Adviser shall also furnish for the use of the Portfolio office space and all necessary office facilities, equipment and personnel for servicing the investments of the Portfolio; and shall pay the salaries and fees of all officers of the Fund, of all Trustees of the Fund who are "interested persons" of the Fund or of the Adviser and of all personnel of the Fund or the Adviser performing services relating to research, statistical and investment activities. The Adviser is authorized, in its discretion and without prior consultation with the Portfolio, to buy, sell, lend and otherwise trade in any stocks, bonds and other securities and investment instruments on behalf of the Portfolio. The investment policies and all other actions of the Portfolio are and shall at all times be subject to the control and direction of the Fund's Board of Trustees.

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