Management Fee Amount Sample Clauses
The Management Fee Amount clause defines the specific fee that will be paid to a manager or management company for their services under the agreement. Typically, this clause outlines the exact dollar amount, percentage of revenue, or formula used to calculate the management fee, and may specify the frequency and method of payment. By clearly stating the fee structure, this clause ensures both parties understand the financial obligations involved, reducing the risk of disputes over compensation and providing transparency in the management arrangement.
Management Fee Amount. The Authority shall pay to the Contractor the annual Management Fee amounts listed below, prorated monthly in arrears and subject to adjustment as described below.
Management Fee Amount. The Authority shall pay to the Contractor the annual Management Fee amounts listed below, prorated monthly in arrears and subject to adjustment as described in Section 6.08(b). The fee shall be paid to the Contractor by or before the last calendar day of each month thereafter. The final Management Fee payment due under the Contract shall be paid on or before the last day of the month after the month in which this Contract expires or is terminated. Year One (1) xx Dollars $xxx,xxx Year Two (2) xx Dollars $xxx,xxx Year Three (3) xx Dollars $xxx,xxx Option Period Year One (1) xx Dollars $xxx,xxx Year Two (2) xx Dollars $xxx,xxx
Management Fee Amount. With respect to any Collateralized Debt Offering for which Borrower, a Subsidiary Guarantor or Trapeza Management is collateral manager pursuant to a Management Agreement or a Trapeza Management Agreement, as applicable, the product of (i) the difference between (A) the Net Outstanding Portfolio Balance, less (B) the product of (X) the product of (1) the projected Net Outstanding Portfolio Balance, times (2) the Asset Default Rate, times (Y) one minus the Asset Recovery Rate, less (C) any prepayments on, and amortization on account of, assets held in the Collateralized Debt Offering based on projections utilized by such Subsidiary Guarantor or Trapeza Management, as applicable, and provided by the investment banking institution used in any Collateralized Debt Offering transaction, in accordance with such Subsidiary Guarantor’s or Trapeza Management’s, as applicable, historical practices, times (ii) the collateral management fee (as to both base management fees and subordinated management fees) set forth in the Management Agreement or Trapeza Management Agreement, as applicable. Material Adverse Effect— A material adverse effect with respect to (a) the business, assets, properties, financial condition, stockholders' equity, contingent liabilities, material agreements or results of operations of Borrower or any Subsidiary, or (b) Borrower's ability to pay the Obligations in accordance with the terms hereof, or (c) the validity or enforceability of this Agreement or any of the other Loan Documents or the rights and remedies of Agent, Issuing Bank or any Lender hereunder or thereunder.
Management Fee Amount. In consideration of the services provided by FHS hereunder, FOHP shall pay to FHS a monthly management fee (the "Management Fee") equal to the sum of (a) the product of (i) the total revenue of the FOHP Health Plans for such month, multiplied by (ii) two percent, plus (b) reimbursement for (i) direct expenses incurred to third parties in connection with this Agreement and (ii) salaries and benefits of the executives employed by FHS in accordance with Section 1(b) hereof; provided, however, that the aggregate amount of payments to be made by FOHP to FHS with respect to clause (a) of this Section 4.1 each calendar year during the term of this Agreement (including, with respect to the 1997 calendar year for this purpose, any Phase- In Management Fee Amount (as such term is defined in Section 4.2 hereof) paid to FHS pursuant to Section 4.2 hereof) shall in no event be less than $5,000,000 (irrespective of the amounts calculated in such clause (a)).