Management Fee; Payment of Certain Costs and Expenses Sample Clauses

Management Fee; Payment of Certain Costs and Expenses. (a) The Investment Manager shall be entitled to receive a fee for investment management services in the amount set forth in the Management Agreement (the “Management Fee”). The Investment Manager may, in its discretion, reduce, waive or calculate differently the Management Fee charged to certain Members, including, without limitation, Members that are Related Investors, so long as such reduction, waiver or calculation does not result in a preferential dividend under Section 562(c) of the Code.
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Management Fee; Payment of Certain Costs and Expenses. Subject to the other provisions of this Sec. 2.07, on the first day of each fiscal quarter, a fee for management services (the "Management Fee") equal to 0.5% (2% on an annualized basis) o f each Non­ Managing Member’s Capital Account balance on the first day of such quarter shall be debited to each such Non-Managing Member's Capital Account and be paid to the Managing Member. A pro rata portion o f the quarterly 0.5% fee shall be debited to the Capitai Account of any Non­ Managing Member who is permitted to make a withdrawal prior to the end of a quarter or who is admitted to the Company after the first day o f a quarter, based on the actual number of days that such Non-Managing Member was a Non-Managing Member in the Company for such fiscal quarter, in the discretion of the Managing Member, the Management Fee may be calculated differently with respect to, or may not be charged to, certain Non-Managing Members including the Non-Managing Members affiliated with the Managing Member and their principals and members of the immediate families o f such persons or trusts or other entities for their benefit. The Managing Member shall bear ail of its own normal and recurring operating expenses, including all necessary office space and utilities, telephone, news, quotation and computer equipment and administrative and bookkeeping services (except to the extent that all or a portion of its costs in respect o f research-related services cr products are borne or provided through "soft dollars"). The Company will bear directly its own expenses including the Management Fee, investment expenses (e.g., expenses which the Managing Member reasonably determines to be related to the investment of the Company's assets, such as brokerage commissions, interest expense and consultant expenses relating to. short sales, clearing and settlement charges, custodial fees and bank service fees), legal expenses, professional fees (including, without limitation, expenses o f consultants and experts) accounting expenses, auditing and tax preparation expenses, organizational expenses, expenses incurred in connection with the offering and sale of the membership interests and other similar expenses related to the Company and extraordinary expenses. If any of the above expense are incurred jointly for the account of the Company and any other trading accounts managed by the Managing Member or its Affiliates, such expenses will be allocated among the Company and such other accounts in proportion...
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Management Fee; Payment of Certain Costs and Expenses. (a) The Partnership will pay a quarterly management fee on the first day of each quarter (the "Management Fee") to the Management Company equal to 0.5% (2.0% per annum) of the beginning balance for the quarter of each Capital Account (as defined in Section 3.03) of a Limited Partner. A pro rata portion of the quarterly Management Fee will be paid out of any capital contributions made by new or existing Limited Partners to the Partnership on any date that does not fall on the first day of a fiscal quarter. Such Management Fee will be paid upon contribution of the funds to the Partnership. In the case of a withdrawal by a Limited Partner other than as of the last day of a quarter, a pro rata portion of the Management Fee (based on the actual number of days remaining in such partial quarter) will be repaid by the Management Company to the Partnership and distributed to the withdrawing Limited Partner.
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Management Fee; Payment of Certain Costs and Expenses. (a) The Partnership shall pay the Investment Manager a monthly management fee (the "Management Fee") of 0.1666% (2.00% annualized) of the balance of each Capital Account before deduction of any accrued Management Fees or the Incentive Allocation (and adjusted for any withdrawals or distributions made during the relevant period), calculated as of and paid promptly following, the end of each month.
Sample 1
Management Fee; Payment of Certain Costs and Expenses. The Partnership shall pay to the General Partner in arrears, on the last day of each fiscal quarter, a fee for management services for that quarter (the "Management Fee"), equal to _____% of the Limited Partner's average month-end Capital Account for that quarter (___% annualized). If the Partnership terminates prior to the end of the quarter, a pro rata portion of the Management Fee, calculated for the period from the beginning of the quarter through the termination date, will be paid to the General Partner. In consideration for the Management Fee, the General Partner shall bear the expenses of the Partnership of the same nature as the General Partner and its Affiliates are required to bear pursuant to the [Agreement of Limited Partnership] of the GP Fund and will provide the Partnership with the same services as the General Partner and its Affiliate provides to the GP Fund. The Partnership will bear all of its other expenses. To the extent that the General Partner pays for expenses which are to be borne by the Partnership, the General Partner shall be entitled to be reimbursed therefor. The calculation of the amount of any Management Fee payable under this Sec. 2.06 shall be determined by the Administrator.
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Management Fee; Payment of Certain Costs and Expenses. (a) Starting on April 1, 2006, the Partnership will pay a quarterly management fee on the first day of each quarter (the "Management Fee") to the Management Company of such percentage as it may agree in respect of each class of Limited Partner that it may designate of the beginning Capital Account (as defined in Section 3.03) of each Limited Partner in such class for the quarter. A PRO RATA portion of the quarterly Management Fee will be paid out of any capital contributions made by new or existing Limited Partners to the Partnership on any date that does not fall on the first day of a fiscal quarter. Such fee will be paid upon contribution of the funds to the Partnership. In the case of a withdrawal by a Limited Partner other than as of the last day of a quarter, a PRO RATA portion of the Management Fee (based on the actual number of days remaining in such partial quarter) will be repaid by the Management Company to the Partnership and distributed to the withdrawing Limited Partner.
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Management Fee; Payment of Certain Costs and Expenses 
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Related to Management Fee; Payment of Certain Costs and Expenses

  • Payment of Certain Expenses The Bank covenants and agrees with SCUSA that the Bank will pay or cause to be paid the following: (i) the fees, disbursements and expenses of the Bank’s counsel and the Bank’s accountants in connection with the registration of the Securities under the Securities Act and all other expenses in connection with the preparation, printing and filing of the Registration Statement, the Prospectus and any Pricing Supplements, any Issuer Free Writing Prospectus, any Time of Sale Information and all other amendments and supplements thereto and the mailing and delivering of copies thereof to SCUSA, (ii) all costs and expenses related to the transfer and delivery of the Securities, including any transfer or similar taxes payable thereon, (iii) the cost of printing or producing any Blue Sky or legal investment memorandum in connection with the offer and sale of the Securities under state securities laws and all expenses in connection with the qualification of the Securities for offer and sale under state securities laws as provided in Section 5(b) hereof, including filing fees and the reasonable and documented fees and disbursements of counsel for SCUSA in connection with such qualification and in connection with the Blue Sky or legal investment memorandum, (iv) all filing fees and the reasonable and documented fees and disbursements of counsel to SCUSA incurred in connection with the review and qualification of the offering of the Securities by the Financial Industry Regulatory Authority, Inc. ("FINRA"), (v) any fees charged by the rating agencies for the rating of the Securities, (vi) the cost of the preparation, issuance and delivery of the Securities, (vi) the fees and expenses of the Trustee and any agent of the Trustee and the reasonable fees and disbursements of counsel for the Trustee in connection with the Indenture and the Securities, (vii) the document production charges and expenses associated with printing this Agreement and (viii) all other costs and expenses incident to the performance of the obligations of the Bank hereunder for which provision is not otherwise made in this Section. It is understood, however, that, except as provided in this Section, and Section 9 entitled “Indemnification and Contribution”, SCUSA will pay all of its own costs and expenses, including fees and disbursements of their counsel, transfer taxes payable on resale of any of the Securities by them and any advertising expenses connected with any offers they may make; provided, however, that the reasonable fees and disbursements of SCUSA’s counsel for the establishment of the Securities shall be paid by the Bank.

  • Reimbursement of Certain Expenses In addition to its other obligations under Section 7 of this Agreement, the Company hereby agrees to reimburse on a quarterly basis the Underwriters for all reasonable legal and other expenses incurred in connection with investigating or defending any claim, action, investigation, inquiry or other proceeding arising out of or based upon any statement or omission, or any alleged statement or omission, described in paragraph (a) of Section 7 of this Agreement, notwithstanding the absence of a judicial determination as to the propriety and enforceability of the obligations under this Section 11 and the possibility that such payments might later be held to be improper; provided, however, that (i) to the extent any such payment is ultimately held to be improper, the persons receiving such payments shall promptly refund them and (ii) such persons shall provide to the Company, upon request, reasonable assurances of their ability to effect any refund, when and if due.

  • Certain Costs and Expenses The Company shall (a) pay, or cause to be paid, all costs, fees, operating expenses and other expenses of the Company and its Subsidiaries (including the costs, fees and expenses of attorneys, accountants or other professionals and the compensation of all personnel providing services to the Company and its Subsidiaries) incurred in pursuing and conducting, or otherwise related to, the activities of the Company and (b) in the Good Faith discretion of the Managing Member, reimburse the Managing Member for any costs, fees or expenses incurred by it in connection with serving as the Managing Member. To the extent that the Managing Member determines in its Good Faith discretion that such expenses are related to the business and affairs of the Managing Member that are conducted through the Company and/or its Subsidiaries (including expenses that relate to the business and affairs of the Company and/or its Subsidiaries and that also relate to other activities of the Managing Member or any other member of the PubCo Holdings Group), the Managing Member may cause the Company to pay or bear all expenses of the PubCo Holdings Group, including, without limitation, franchise taxes, costs of securities offerings not borne directly by Members, board of directors compensation and meeting costs, costs of periodic reports to stockholders of PubCo, litigation costs and damages arising from litigation, accounting and legal costs; provided that the Company shall not pay or bear any PubCo Tax-Related Liabilities of any member of the PubCo Holdings Group (but the Company shall be entitled to make distributions in respect of these obligations pursuant to Article VI). In the event that (i) Class A Shares or other Equity Securities of PubCo were sold to underwriters in the IPO or any public offering after the Effective Time, in each case, at a price per share that is lower than the price per share for which such Class A Shares or other Equity Securities of PubCo are sold to the public in such public offering after taking into account any Discounts and (ii) the proceeds from such public offering are used to fund the Cash Election Amount for any redeemed Units or otherwise contributed to the Company, the Company shall reimburse the applicable member of the PubCo Holdings Group for such Discount by treating such Discount as an additional Capital Contribution made by such member of the PubCo Holdings Group to the Company, issuing Units in respect of such deemed Capital Contribution in accordance with Section 4.7(e)(ii), and increasing the Capital Account of such member of the PubCo Holdings Group by the amount of such Discount. For the avoidance of doubt, any payments made to or on behalf of any member of the PubCo Holdings Group pursuant to this Section 7.9 shall not be treated as a distribution pursuant to Section 6.1(a) but shall instead be treated as an expense of the Company.

  • Certain Expenses The Company shall pay on demand all expenses incurred by the Holder, including reasonable attorneys' fees and expenses, as a consequence of, or in connection with (x) any amendment or waiver of this Note or any other Transaction Document, (y) any default or breach of any of the Company’s obligations set forth in the Transaction Documents and (z) the enforcement or restructuring of any right of, including the collection of any payments due, the Holder under the Transaction Documents, including any action or proceeding relating to such enforcement or any order, injunction or other process seeking to restrain the Company from paying any amount due the Holder.

  • Certain Fees and Expenses (a) Provided that the Fund is not in material breach of its obligations under this Agreement, if the Merger is not consummated for failure of the condition to Closing contained in Section 7.1(f) to be satisfied and, as a result of such failure, CNLRP is obligated to pay the Company a break-up fee pursuant to the terms of the CNLRP Merger Agreement, the Company shall pay to the Fund as follows: (i) if the Fund has waived the condition to Closing contained in Section 7.1(f) and elected to proceed with the Merger, the Company shall pay to the Fund an amount equal to $8,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration; and (ii) if the Fund has not waived the condition to Closing contained in Section 7.1(f) and the Merger is not consummated, the Company shall pay to the Fund an amount equal to $5,000,000, multiplied by a fraction, the numerator of which shall be the value of the Merger Consideration and the denominator of which shall be the value of the Aggregate Merger Consideration.

  • Payment of Certain Expenses by Servicer The Servicer will be required to pay all expenses incurred by it in connection with its activities under this Agreement, including fees and disbursements of independent accountants, Taxes imposed on the Servicer, expenses incurred in connection with payments and reports pursuant to this Agreement, and all other fees and expenses not expressly stated under this Agreement for the account of the Seller, but excluding Liquidation Expenses incurred as a result of activities contemplated by Section 6.6; provided that for avoidance of doubt, to the extent Liquidation Expenses relate to a Loan and a Retained Interest such Liquidation Expenses shall be allocated pro rata. The Servicer will be required to pay all reasonable fees and expenses owing to any bank or trust company in connection with the maintenance of the Collection Account and the Lock-Box Account. The Servicer shall be required to pay such expenses for its own account and shall not be entitled to any payment therefor other than the Servicing Fee.

  • Allocation of Certain Expenses Each Shareholder will, at the discretion of the Trustees, indemnify the Trust against all expenses and losses resulting from indebtedness incurred in connection with facilitating (i) requests pending receipt of the collected funds from investments sold on the date of such Shareholder’s redemption request; (ii) redemption requests from such Shareholder who has also notified the Trust of its intention to deposit funds in its accounts on the date of said redemption request; or (iii) the purchase of investments pending receipt of collected funds from such Shareholder who has notified the Trust of its intention to deposit funds in its accounts on the date of the purchase of the investments.

  • Termination Fees and Expenses (a) The Company agrees that:

  • Payment of Fees and Expenses Borrower shall have paid to Lender all fees, charges, and other expenses which are then due and payable as specified in this Agreement or any Related Document.

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