Base Management Fee definition

Base Management Fee means a fee equal to one and one-half percent (1.50%) of Stockholders’ Equity per annum, calculated and payable quarterly in arrears in cash.

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Base Management Fee. The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, in an amount equal to 0.15% per annum, calculated on the basis of the actual number of days in the applicable Interest Accrual Period divided by 360, of the Fee Basis Amount at the beginning of the Collection Period relating to such Payment Date.

Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

Examples of Base Management Fee in a sentence

• The Base Management Fee shall be payable quarterly in arrears, and shall be calculated based on the average value of the Corporation’s total assets at the end of the two most recently completed calendar quarters, and appropriately adjusted for any share issuances or repurchases during the current calendar quarter.

• For the avoidance of doubt, regardless of whether this Section 8(d) requires payment of a particular installment of the Pre-Milestone Base Management Fee or Incentive Compensation partially in cash and partially in stock, or entirely in cash, the Manager will, in all cases, be entitled to receive the full amount of the applicable installment, as calculated and determined pursuant to the terms of this Agreement, including Sections 8(b) and 8(c).

• At the Adviser’s option, the Base Management Fee for any period may be deferred, without interest thereon, and paid to the Adviser at any time subsequent to any such deferral as the Adviser determines.

More Definitions of Base Management Fee

Base Management Fee shall have the meaning as set forth in Section 11.01A.

Base Management Fee shall have the meaning set forth in Section 6.1 of this Agreement.

Base Management Fee means the base management fee, calculated and payable quarterly in arrears in cash, in an amount equal to 1.50% per annum of the Company’s Equity. For purposes of calculating the Base Management Fee, outstanding limited partnership interests in the Operating Partnership (other than limited partnership interests held by the Company) shall be treated as outstanding Common Stock. The Base Management Fee shall be pro rated for partial periods, to the extent necessary, as described more fully elsewhere herein.

Base Management Fee means an amount payable to Manager as a Deduction from Gross Revenues for all services provided by Manager pursuant to this Agreement, except as otherwise expressly provided herein. The Base Management Fee shall be the percentage of Gross Revenues shown on Schedule 1 for each Fiscal Year during the Term.

Base Management Fee means the amount set forth in Section 6.1.

Base Management Fee means the fees payable to the Advisor or its assignees pursuant to Section 10(g).

Base Management Fee means a fee equal to two percent (2%) of Gross Revenues with respect to each Fiscal Month during the Term.