Management and Incentive Fees Sample Clauses

Management and Incentive Fees. 5.1 During the term of this Agreement, the Company will pay Atlas monthly in arrears a management fee equal to 2.5% per annum of the Assets Under Management. The Management fee shall be calculated on a non-consolidated basis, excluding MACC. 5.2 During the term of this Agreement the Company shall pay to Atlas an incentive fee determined as specified in this Section 5.2. The incentive fee shall be calculated on a nonconsolidated basis, excluding MACC. (a) The incentive fee shall be calculated as follows: (i) The amount of the fee shall be 20.0% of the Net Capital Gains, before taxes, resulting from the disposition of investments in the Company's Portfolio Companies or resulting from the disposition of other assets or property of the Company managed by Atlas pursuant to the terms hereof. (ii) Net Capital Gains, before taxes, shall be calculated annually at the end of each fiscal year for the purpose of determining the earned incentive fee, unless this Agreement is terminated prior to the completion of any fiscal year, then such calculation shall be made at the end of such shorter period. A preliminary calculation shall be made on the last business day of each of the three fiscal quarters preceding the end of each fiscal year for the purpose of determining the incentive fee payable under Section 5.2(c)(i) below. Capital Losses and Realized Capital Gains shall not be cumulative (i.e., no Capital Losses nor Realized Capital Gains are carried forward into any subsequent fiscal year). (iii) Notwithstanding anything herein to the contrary, the incentive fee shall not be computed on any assets received by the Company from the Company's predecessors by merger, MorAmerica Financial Corporation and Xxxxxx Plan Liquidation Company, and such assets shall not be included in any calculation of Net Capital Gains. (b) Upon termination of this Agreement, all earned but unpaid incentive fees shall be immediately due and payable. (c) Payment of incentive fees shall be made as follows: (i) To the extent payable, incentive fees shall be paid, in cash, in arrears on the last business day of each fiscal quarter in the fiscal year. (ii) The incentive fee shall be retroactively adjusted as soon as practicable following completion of the valuations at the end of each fiscal year in which this Agreement is in effect to reflect the actual incentive fee due and owing to Atlas, and if such adjustment reveals that Atlas has received more incentive fee income than it is entitled to hereund...
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Management and Incentive Fees. Arrangements shall be in place whereby the Company receives one hundred percent (100%) (as adjusted for any amounts received by any third party marketer as set forth in Section 5.11(a)(ii) of the Company Disclosure Letter) of all gross management fees and incentive allocations or fees payable by the Funds after the Closing, or payable by another fund or investment vehicle or account of substantially the same investment style as the Funds after the Closing.
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Management and Incentive Fees. (a) The Client shall pay GAJL a monthly Management Fee equal to a percentage of the Net Asset Value of the Account. as described in the Initial Investment and Client Fee Election Form attached as Appendix A. The term "Net Asset Value" of the Account shall mean the value as of any date of the assets deemed to be under management as agreed to by the Client and GAJL (including, but not limited to, all cash and cash equivalents, valued at cost, accrued interest. capital committed by the Client but not actually deposited in the Account. any "notional" funds, and the market value of all open Contracts), less total liabilities of the Account (including the accrued portion of any fees), excluding accrued Management and Incentive Fees. The current market value of all open Contracts shall be as indicated by the settlement price determined by the exchanges or clearinghouses with which such positions are maintained. If there are no trades on the date of the calculation due to the operation of the daily price fluctuation limits, the closing of the exchange on which positions are maintained, or otherwise, the Contract will be valued at the settlement price as determined by the exchange. The Management Fee paid to GAJL for any month will be pro-rated for any additions to or withdrawals from the Account during the month and for any months during which GAJL did not manage the account for a full month. (b) The Client shall pay GAJL the Incentive Fee equal to a percentage of the "New Trading Profits" of the Account for each Incentive Fee period as specified in the Initial Investment and Client Fee Election Form. The term "New Trading Profits" means the excess (if any) of(i) Cumulative Net Profits as of the end of the applicable Incentive Fee period over (ii) the highest past value of Cumulative Net Profits since inception of the Account. "Cumulative Net Profits", which are calculated at the end of each Incentive Fee period, means cumulative net realized and unrealized trading profits, after deduction of brokerage commissions paid and accrued, floor brokerage fees, "give-up" or transfer fees (subject to a maximum of $*** per round-tum for such brokerage related commissions and fees, unless otherwise agreed in writing by GAJL) and any other fees (including the Management Fee), costs, and expenses directly related to the Account and the trading activities in the Account, but exclusive of any Incentive Fees previously paid and any interest earned. Any trading losses being carrie...
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Management and Incentive Fees. 5.1 During the Transitional Period, Eudaimonia will pay InvestAmerica monthly in arrears a management fee (the "Transitional Management Fee") equal to seventy-five percent (75%) of the management fee actually paid by MACC to Eudaimonia pursuant to the Eudaimonia Advisory Agreement attributable to Existing Portfolio Companies as of the Effective Date. For the remainder of the term of this Agreement and to the extent the Agreement is extended pursuant to the terms of this Agreement and the terms of the 1940 Act, Eudaimonia will pay InvestAmerica monthly in arrears a management fee (the "Management Fee") equal to fifty percent (50%) of the management fee actually paid by MACC to Eudaimonia pursuant to the Eudaimonia Advisory Agreement attributable to Existing Portfolio Companies as of the Effective Date. Eudaimonia shall arrange for the Transitional Management Fee or the Management Fee, as applicable, to be paid to InvestAmerica directly by MACC on the same day as MACC pays Eudaimonia its management fee under the Eudaimonia Advisory Agreement, provided that Eudaimonia has received payment of its management fee from MACC pursuant to the terms of the Eudamonia Advisory Agreement. Payments of Transitional Management Fees or Management Fees that are delayed because of failure of MACC to pay a management fee to Eudaimonia for the corresponding period shall be made promptly upon Eudaimonia receiving such management fee from MACC. The Transitional Management Fee shall stop accruing as of the last day of the Transitional Period. The Management Fee shall stop accruing on the date that this Agreement expires or is terminated. Upon expiration or termination of this Agreement, all earned but unpaid Transitional Management Fees and Management Fees shall be immediately due and payable. 5.2 During the term of this Agreement Eudaimonia shall pay to InvestAmerica an incentive fee determined as specified in this Section 5.2 (the "Incentive Fee"). (a) The Incentive Fee to be paid to InvestAmerica shall consist of one hundred percent (100%) of the incentive fee actually paid by MACC to Eudaimonia pursuant to the Eudaimonia Advisory Agreement attributable to Existing Portfolio Companies as of the Effective Date. (b) Upon termination of this Agreement, all earned but unpaid Incentive Fees shall be immediately due and payable. (c) Payment of Incentive Fees shall be made as follows: (i) To the extent payable, Incentive Fees shall be paid, in cash, in arrears on the last business day...
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Management and Incentive Fees. 5.1 During the term of this Agreement, the Company will pay InvestAmerica monthly in arrears a management fee equal to 2.5% per annum of the Assets Under Management. The Management fee shall be calculated on a non-consolidated basis, excluding MACC. 5.2 During the term of this Agreement the Company shall pay to InvestAmerica an incentive fee determined as specified in this Section 5.2. The incentive fee shall be calculated on a nonconsolidated basis, excluding MACC. (a) The incentive fee shall be calculated as follows: (i) The amount of the fee shall be 13.4% of the Net Capital Gains, before taxes, resulting from the disposition of investments in the Company's Portfolio Companies or resulting from the disposition of other assets or property of the Company managed by InvestAmerica pursuant to the terms hereof. (ii) Net Capital Gains, before taxes, shall be calculated annually at the end of each fiscal year for the purpose of determining the earned incentive fee, unless this Agreement is terminated prior to the completion of any fiscal year, then such
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Management and Incentive Fees. Defer receipt of, allow the set off against or waive payment of any of the management fees or incentive fees under the Management Agreement notwithstanding any provisions therein to the contrary.
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Management and Incentive Fees. Arrangements shall be in place whereby (i) the Company receives one hundred percent (100%) (as adjusted for any amounts received by any third party marketer as set forth in Section 5.11(a)(ii) of the Company Disclosure Letter) of all gross incentive allocations made payable by the Funds after the Closing and (ii) an Affiliate of the Purchaser in which CAM is admitted as the sole non-managing member on terms materially the same as those applicable to the Sellers under the Amended LLC Agreement receives one hundred percent (100%) (as adjusted for any amounts received by any third party marketer as set forth in Section 5.11(a)(ii) of the Company Disclosure Letter) of all gross management fees payable by the Funds after the Closing.
Sample 1
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Management and Incentive Fees. 4.1 During the term of this Agreement, and to the extent the Agreement is extended pursuant to the terms of this Agreement and the terms of the 1940 Act, Atlas will pay InvestAmerica a Management Fee in the following amounts: Period Management Fee Effective Date through February 28, 2005 $ 325,000 March 1, 2005 through February 28, 2006 250,000 March 1, 2006 through February 28, 2007 125,000 March 1, 2007 through February 28, 2008 60,000 March 1, 2008 through February 28, 2009 60,000 The Management Fee shall be paid to InvestAmerica in equal monthly installments within fifteen (15) days after the end of each calendar month for Services provided during the previous month, provided that Atlas has received payment of its management fee from MACC and MorAmerica pursuant to the terms of its agreements with MACC and MorAmerica. Payments of Management Fees that are delayed because of failure of MACC or MorAmerica to pay a management fee to Atlas for the corresponding period shall be made promptly upon Atlas receiving such management fee from MACC or MorAmerica. The Management Fee shall stop accruing on the date that this Agreement expires or is terminated. Upon expiration or termination of this Agreement, all earned but unpaid Management Fees shall be immediately due and payable. 4.2 During the term of this Agreement Atlas shall pay to InvestAmerica an Incentive Fee determined as follows: (a) The Incentive Fee to be paid to InvestAmerica from the Effective Date through February 28, 2008 shall consist of seventy percent (70%) of the incentive fee actually paid by MACC and MorAmerica to Atlas pursuant to the respective Investment Advisory Agreements between Atlas and MACC and MorAmerica attributable to Existing Portfolio Companies as of the Effective Date. The remaining thirty (30%) percent of the incentive fee actually paid by MACC and MorAmerica attributable to Existing Portfolio Companies as of the Effective Date shall belong to Atlas. (b) The Incentive Fee to be paid to InvestAmerica from the March 1, 2008 through February 28, 2009 shall consist of fifty percent (50%) of the incentive fee actually paid by MACC and MorAmerica to Atlas pursuant to the respective Investment Advisory Agreements between Atlas and MACC and MorAmerica attributable to Existing Portfolio Companies as of the Effective Date. The remaining fifty (50%) percent of the incentive fee actually paid by MACC and MorAmerica attributable to Existing Portfolio Companies as of the Effective Date shal...
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Management and Incentive Fees. Arrangements shall be in place whereby the Company receives 100% of all gross management fees and incentive allocations or fees (net of any expenses paid in accordance with Section 2.1(b)(iii) hereof) payable by the Funds or payable by another fund or investment vehicle or account of substantially the same investment style as the Funds.
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Related to Management and Incentive Fees

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Incentive Fee In the event that the actual costs for the development and construction of the Project are less than the Projected Project Costs (such difference being referred to as the "Savings"), fifty percent (50%) of the Savings shall be paid to the Developer as an incentive fee.

  • Management Fees (a) In consideration of the services provided by the Investment Manager, each class of a Fund shall pay to the Investment Manager a management fee that is calculated as described in this Section 6 using the fee schedules described herein.

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • Base Management Fee The Base Management Fee shall be calculated at an annual rate of 2.0% of the Company’s average gross assets. The Base Management Fee shall be payable quarterly in arrears, and shall be calculated based on the average value of the Company’s gross assets at the end of the two most recently completed calendar quarters. All or any part of the Base Management Fee not taken as to any quarter shall be deferred without interest and may be taken in such other quarter as the Adviser shall determine. The Base Management Fee for any partial month or quarter shall be appropriately pro rated.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Bonus Payments No employee shall be required or requested to make any written or verbal agreement that will conflict with the terms of this Agreement. All employees must be paid weekly for all hours worked as provided in this Agreement. Any bonuses, commissions or other methods of payments over and above the requirements of this Agreement shall be in addition to the requirements of this Agreement and may not be used to offset such contractual requirements and shall not be subject to negotiations.

  • Consulting Fees The Consultant shall be entitled to $375 per hour, not to exceed $3,000 per day, of Service actually performed by the Consultant hereunder. The Consultant shall submit to the Company monthly statements, in a form satisfactory to the Company, detailing Services performed for the Company in the previous month. The Company shall pay to the Consultant consulting fees with respect to all Services actually performed and invoiced within 30 days after Company’s receipt of each monthly invoice.

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