Deferred Base Management Fee definition

Deferred Base Management Fee shall have the meaning specified in Section 8(b).
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Deferred Base Management Fee. The meaning specified in the Portfolio Management Agreement.
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Deferred Base Management Fee shall have the meaning ascribed to it in Section 3.01.B.
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Examples of Deferred Base Management Fee in a sentence

  • The Collateral Manager may elect to receive payment of all or any portion of the Deferred Base Management Fee or the Deferred Subordinated Management Fee on any Payment Date to the extent of funds available in accordance with the Priority of Payments (including in accordance with the Deferred Base Management Fee Cap) on such Payment Date by providing notice to the Trustee of such election and the amount of such fees to be paid on or before five Business Days preceding such Payment Date.

  • Such Deferred Base Management Fee shall be paid to Manager (i) at the times that Base Management Fees are paid to Manager pursuant to the provisions of Section 4.01; (ii) commencing with the beginning of the 27th full Accounting Period and until such amount is paid in full and (iii) from amounts otherwise distributable to Owner as Owner’s Priority.

  • The Portfolio Manager may elect to receive payment of all or any portion of the Deferred Base Management Fee or the Deferred Subordinated Management Fee on any Payment Date to the extent of funds available in accordance with the Priority of Payments on such Payment Date by providing notice to the Collateral Trustee of such election and the amount of such fees to be paid on or before the related Determination Date preceding such Payment Date.

  • The Collateral Manager may elect to receive payment of all or any portion of the Deferred Base Management Fee or the Deferred Subordinated Management Fee on any Payment Date to the extent of funds available in accordance with the Priority of Payments (including in accordance with the Deferred Base Management Fee Cap) on such Payment Date by providing notice to the Collateral Trustee of such election and the amount of such fees to be paid on or before five Business Days preceding such Payment Date.

  • If any portion of the Deferred Base Management Fee has not been paid to Manager prior to Termination or prior to the first (1st) Sale of the Hotel, Owner shall pay to Manager the outstanding amount of Deferred Base Management Fee, as applicable, prior to or upon such Termination or prior to such Sale of the Hotel (which repayment shall be a condition to such Sale of the Hotel).