Payment Of Incentive Fees Sample Clauses

Payment Of Incentive Fees. The Settlement Administrator will pay the incentive fees awarded by the Court to the Class Representatives as set forth in Par 5.1.1 and 5.1.2.
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Payment Of Incentive Fees. (a) Within 60 days after the end of Year Four, Royco shall provide CCHC with a statement of the Operations Management Incentive Fee payable under Section 1.2 for such year, together with an audit report of such calculation prepared by the Accountants. (b) CCHC shall pay to Royco the amount of the Operations Management Incentive Fee owing to Royco within 30 days of receipt of such statement. (c) CCHC shall pay to Royco the amount of the CPLP Incentive Management Fee, the Incentive Termination Fee and the Capital Proceeds Fee within fifteen (15) days of receipt by CCHC under the CPLP Hotel Management Agreement; provided, however, CCHC shall, in accordance with section 4.2 of the Agreement, retain the first $100,000 payable to Royco under this section 1.6(c) of Schedule 3 in order to satisfy a certain $100,000 interest free loan made by an Affiliate of CCHC to Royco concurrently with execution and delivery of this Agreement. (d) Any disputes as to the calculation of such fees shall be settled by arbitration.
Sample 1
Payment Of Incentive Fees. 7.2.1 The Sub-Operator shall be entitled to receive a monthly and/or quarterly Incentive Fee from the Operator in accordance with the provisions set out in the Seventh Schedule (Computation of Incentive Fee) in respect of the Sub-Operator’s extent of achievement of the performance targets set forth in the Second Schedule. The sharing of the Incentive Fee shall be as specified in the approved Business plan and the Sixth Schedule. The Incentive Fee shall provide for the Performance Fee due to the Sub-Operator’s Team Leader subject to the provisions in the Sixth Schedule. 7.2.2 The Sub-Operator shall as part of its reporting, notify the Operator the extent of achievement of the Performance Standards and the Incentive Fee correspondingly due to the Sub-Operator for any given month by the 10th of the following month. 7.2.3 The Operator shall review the Sub-Operator’s reports, verify the Incentive Fee due and effect the payment of the Incentive Fee within 14 Days provided that Sub-Operator would have promptly and satisfactorily answered any queries raised by the Operator regarding the reports and incentive fee computation. 7.2.4 Failure by the Operator to pay the incentive fee, as per the provisions of Clause 7.2.3, shall amount to a breach of this Contract in accordance with Clause 14.4.
Sample 1
Payment Of Incentive Fees. (a) Prior to the beginning of each Year, the Portfolio Manager shall notify the Fund in writing of what percentage of the Incentive Fees (if any) to become payable in respect of such Year the Portfolio Manager elects to have paid in cash when due in accordance with SECTION 2(H). Any percentage of such Incentive Fees which the Portfolio Manager does not affirmatively elect in writing to have paid in cash when due shall be deferred. (b) The Portfolio Manager shall furnish to the Fund a statement setting forth the computation of Incentive Fees pursuant to the Incentive Fee Calculation Schedule within 15 days after (i) the close of each Year, and (ii) any Dividend or Redemption in respect of which a Incentive Fee is due.
Sample 1

Related to Payment Of Incentive Fees

  • 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.

  • Subordinated Incentive Fee Upon Listing, the Advisor shall be entitled to the Subordinated Incentive Fee in an amount equal to 15.0% of the amount by which (i) the market value of the outstanding Shares of the Company, measured by taking the average closing price or the average of the bid and asked price, as the case may be, over a period of 30 days during which the Shares are traded, with such period beginning 180 days after Listing (the “Market Value”), plus the total of all Distributions paid to Stockholders (excluding any stock dividends) from the Company’s inception until the date that Market Value is determined, exceeds (ii) the sum of (A) 100% of Invested Capital and (B) the total Distributions required to be paid to the Stockholders in order to pay the Stockholders’ 8% Return from inception through the date Market Value is determined. The Company shall have the option to pay such fee in the form of cash, Shares, a promissory note or any combination of the foregoing. The Subordinated Incentive Fee will be reduced by the amount of any prior payment to the Advisor of a Subordinated Share of Cash Flows. In the event the Subordinated Incentive Fee is paid to the Advisor following Listing, no other performance fee will be paid to the Advisor. In addition, the Subordinated Incentive Fee may or may not be taken, in whole or in part, as to any period in the sole discretion of the Advisor. All or any portion of the Subordinated Incentive Fee not taken as to any period shall be deferred without interest and may be paid in such other period as the Advisor shall determine.

  • 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.

  • Special Bonus In addition to the Annual Base Salary and Annual Bonus payable as hereinabove provided, if the Executive remains employed with the Company or its affiliated companies through the first anniversary of the Effective Date, the Company shall pay to the Executive a special bonus (the "Special Bonus") in recognition of the Executive's services during the crucial one-year transition period following the Change of Control in cash equal to the sum of (A) the Executive's Annual Base Salary and (B) the Highest Annual Bonus. The Special Bonus shall be paid no later than 30 days following the first anniversary of the Effective Date.

  • 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.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • 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.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Performance Incentive 4.10.1 If the Seller delivers Coal to the Purchaser in excess of ninety percent (90%) of the ACQ in a particular Year, the Purchaser shall pay the Seller an incentive (“Performance Incentive”/ “PI”), to be determined as follows: PI = P x Additional Deliveries x Multiplier Where: PI = The Performance Incentive payable by the Purchaser to the Seller P = The Base Price of Highest Grade, as shown in Schedule II Additional Deliveries = Quantity [in tonnes] of Coal delivered by the Seller in the relevant Year in excess of 90% of the ACQ. Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ. 4.10.2 With respect to part of a Year in which the term of this Agreement begins or ends, the relevant quantities in Clause 4.10.1, except the Multiplier, shall apply pro-rata. 4.10.3 Within thirty (30) days of expiry of a Year, the Seller shall submit an invoice to the Purchaser with respect to the PI payable in terms of Clause 4.10.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice. In the event of non-payment of PI by the due date, the Seller shall have the right to suspend Coal supplies without absolving the Purchaser of its obligations under this Agreement.

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

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