Quarterly Incentive Fee Sample Clauses

Quarterly Incentive Fee. In addition to the base management fee, the Manager shall receive an incentive fee with respect to each fiscal quarter in an amount equal to the Quarterly Incentive Fee Amount.
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Quarterly Incentive Fee. The Partnership shall pay a quarterly incentive fee with respect to the Net Assets of the Partnership allocated to the Trading Advisor equal to 15% of the "Trading Profits" (as defined below) as of the end of each calendar quarter; provided, however, that if the Closing (as defined in the Prospectus) is as of the first business day after a month-end that is not the end of a calendar quarter, and if at such Closing an incentive fee has accrued on Trading Profits, the accrued incentive fee shall become due and be paid to the Trading Advisor on such closing date even if it does not coincide with the end of a calendar quarter. If this Agreement is terminated on a date other than the end of a calendar quarter, the incentive fee described above shall be determined as if such date were the end of a calendar quarter. Any accrued incentive fees with respect to Units redeemed at the end of a month which is not the end of a calendar quarter will be deducted and paid to the Trading Advisor at the time of redemption, and "Trading Profits" with respect to such Units will not be included for purposes of determining incentive fees thereafter. The quarterly incentive fee will be charged against the Net Assets allocated to each of the Trading Advisor's trading programs based upon the portion of the "Trading Profits" for the quarter generated by each trading program.
Sample 1
Quarterly Incentive Fee. The Partnership shall pay a quarterly incentive fee with respect to the Net Assets of the Partnership allocated to the Trading Advisor equal to 15% of the "Trading Profits" (as defined below) as of the end of each calendar quarter; provided, however, that if the Closing (as defined in the Prospectus) is as of the first business day after a month-end that is not the end of a calendar quarter, and if at such Closing an incentive fee has accrued on "Trading Profits", the accrued incentive fee shall become due and be paid to the Trading Advisor
Sample 1

Related to Quarterly Incentive Fee

  • 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.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.