Common use of Timing of Payment Clause in Contracts

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-five (45) days. If an Incentive Fee shall have been paid by the Company to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New High Net Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-forty five (45) days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Allocated Assets, Assets the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) 15 business days following the end of the period for which they are payable. The first incentive fee Incentive Fee which may be due and owing to the Advisor in respect of any New High Net Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-five (45) 45 days. If an Incentive Fee shall have been paid by the Company Series J to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) 15 business days following the end of the period for which they are payable. The first incentive fee Incentive Fee which may be due and owing to the Advisor in respect of any New High Net Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Trading Vehicle Allocated Assets for at least forty-five (45) 45 days. If an Incentive Fee shall have been paid by the Company Trading Vehicle to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Trading Vehicle Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) 15 business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end last Friday of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-five (45) 45 days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Series F Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee Incentive Fee which may be due and owing to the Advisor in respect of any New High Net Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-forty five (45) days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Allocated Assets, Assets the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end last Friday of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-forty five (45) days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Series B Allocated Assets, Assets the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) 15 business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end last Friday of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-five (45) 45 days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Series D Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New High Net Trading Profits will be due and owing as of the end of the first calendar quarter during which the Trading Advisor managed the Trading Vehicle Allocated Assets for at least forty-forty five (45) days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Trading Vehicle Allocated Assets, Assets the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end last Friday of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-forty five (45) days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Series C Allocated Assets, Assets the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.

Timing of Payment. Management Fees and Incentive Fees shall be paid generally within fifteen (15) 15 business days following the end of the period for which they are payable. The first incentive fee which may be due and owing to the Advisor in respect of any New Trading Profits will be due and owing as of the end last Friday of the first calendar quarter during which the Trading Advisor managed the Allocated Assets for at least forty-five (45) 45 days. If an Incentive Fee shall have been paid by the Company Trust to the Advisor in respect of any calendar quarter and the Advisor shall incur subsequent losses on the Series E Allocated Assets, the Advisor shall nevertheless be entitled to retain amounts previously paid to it in respect of New High Net Trading Profits.