Additional Management Fee definition
Examples of Additional Management Fee in a sentence
The Class A Units and Class F Units are identical save for the fact that holders of the Class A Units will be entitled to the same proportionate share of discretionary distributions from the Trust as holders of the Class F Units, less certain equalizing adjustment (the “Equalizing Adjustment”) to reflect the Additional Management Fee, as defined herein, attributable only to the Class A Units.
The Base Management Fee, any Accrued Base Management Fee, the Additional Management Fee and any Accrued Additional Management Fee are sometimes referred to herein as the "Management Fee".
In these cases an Additional Management Fee will be applied to the sub-contracted provision as well as the Standard Management Fee.
Additional Management Fee – sometimes there will be a need to apply an additional management fee of 5% to offset additional costs incurred by the College for the management of individual subcontracted contracts (this fee will be determined on a contract-by-contract basis).
The Additional Management Fee, if any, for a given calendar year shall be paid within thirty(30) days of receipt by Lessee of the Annual Financial Data.
The Additional Management Fee, if any, for a given calendar year shall be paid within thirty (30) days of receipt by Lessee of the Annual Financial Data.
For any services provided by IVP during a Transition Period that extend beyond the termination date, IVP shall be paid a reasonable fee to be agreed upon between the IVP and IPSI, but in no event shall such amount be less than the Cost of Operations and Additional Management Fee, if any, that would have been earned by IVP during the Transition Period had the Agreement not so terminated.
The portion of Cash Flow distributable to Owner and Manager after payments in respect of return on and of Priority Contributions and Additional Working Capital Contributions is hereinafter referred to as the "Adjusted Cash Flow." The portion of Adjusted Cash Flow payable to Manager hereunder shall be treated as an additional Management Fee (the "Additional Management Fee"; the Base Management Fee and the Additional Management Fee are defined herein collectively as, the "Management Fee").
Concurrently with the payment of the Management Fee, the Additional Management Fee shall be deposited into the Trust Account.
The Manager has requested for the purpose of paying Operating Expenses (including but not limited to the Base Management Fee and the Additional Management Fee), costs of FF&E, Capital Expenses, and Subordinate Management Fee and other expenses for which Sufficient Funds (as defined in the Management Agreement) are required to be provided under the Management Agreement that the Trustee and Corporation enter into this Agreement.