Management Compensation. (a) (i) As compensation (“Management Compensation”) for services rendered in the management of the Partnership, during the term of the Partnership, beginning on the Commencement Date, the Partnership will pay an annual management fee computed on a daily basis equal to the Management Fee Rate multiplied by the Management Fee Base, except as provided in paragraph (ii).
Appears in 3 contracts
Samples: Agreement of Limited Partnership (Triangle Capital CORP), Limited Partnership Agreement (Triangle Capital CORP), Agreement of Limited Partnership (Triangle Mezzanine Fund LLLP)
Management Compensation. (a) (i) As compensation (“"Management Compensation”") for services rendered in the management of the Partnership, during the term of the Partnership, period beginning on the Commencement Date[beginning date] and ending on [ending date or event], the Partnership will pay an annual management fee computed on a daily basis equal to the [state formula for computing fee].16 The Management Fee Rate multiplied Compensation will be paid by the Management Fee BasePartnership to the General Partner or, except as provided at the General Partner's direction, in paragraph (ii)whole or in part to an Investment Adviser/Manager.
Appears in 2 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement
Management Compensation. (a) (i) As compensation (“Management Compensation”) for services rendered in the management of the Partnership, during the term of the Partnership, beginning on the Commencement Date, the Partnership will pay an annual management fee computed on a daily basis equal to the Management Fee Rate multiplied by the Management Fee Base, except as provided in paragraph (ii).quarterly basis
Appears in 1 contract
Samples: Limited Partnership Agreement (FIDUS INVESTMENT Corp)
