Examples of Annual Incentive Fee in a sentence
In addition, Levy has an opportunity to earn an Annual Incentive Fee, up to 2% of gross receipts each calendar year, not to exceed $100,000, if certain minimum operating criteria are met, as set forth in the agreement.
FY2021 Incentive FeeIn FY2021, Morrison & Co earned an International Portfolio Annual Incentive Fee of $223.1 million pursuant to clause 9.4.3 of the Management Agreement (FY2021 Incentive Fee).
FY2020 Incentive FeeIn FY2020, Morrison & Co earned an International Portfolio Annual Incentive Fee of $125 million pursuant to clause 9.4.3 of the Management Agreement (FY2020 Incentive Fee).
The FY2023 Incentive Fee is the first International Portfolio Annual Incentive Fee to which the amendments to the Management Agreement shall apply when determining whether the second and third tranche of that FY2023 Incentive Fee is payable.
Base Fee, Chain Service Expense Reimbursement and Annual Incentive Fee.
FY2022 Incentive FeeIn FY2022, Morrison & Co earned an International Portfolio Annual Incentive Fee of $99.7 million pursuant to clause 9.4.3 of the Management Agreement (FY2022 Incentive Fee).
The Pierce County Executive may remove any appointed member of the AICAB for inefficiency, neglect of duty, malfeasance, or three unexcused absences.
Percentage () Option Term - Year 10 (Amount expressed in words) (Amount in figures) Annual Incentive Fee: Percentage ( %) All Years (Amount expressed in words) (Amount in figures) If a Proposer fails to provide an Annual Management and Operating Fee (Flat or Percentage) and/or Annual Incentive Fee for each year, the Proposal will be rejected by the District.
In 2021, Levy had an opportunity to earn an Annual Incentive Fee, up to 2% of gross receipts each calendar year, not to exceed $100,000.
If Indigo fails to achieve Ninety percent (90%) of the budgeted EBITDA, no Annual Incentive Fee will be paid.