Deferred Management Fee definition

Deferred Management Fee shall have the meaning set forth in Section 9.2(c) hereof.

Deferred Management Fee means the Operator fee deducted from the Capital Purchase Sum on termination of the Occupation Right Agreement.

Deferred Management Fee means the payment made by you as described in clause 3.5 in exchange for the supply of accommodation and the supply of Community Facilities over the entire period of the Licence.

Examples of Deferred Management Fee in a sentence

• If the Management Agent is an Affiliate of the General Partner then commencing with the termination of the Operating Deficit Guarantee Period, in any year in which the Apartment Housing has an Operating Deficit, 40% of the management fee will be deferred ("Deferred Management Fee").

• If the Management Agent is an Affiliate of the General Partner then commencing with the termination of the Operating Deficit Guarantee Period, in any year in which the Project has an Operating Deficit, 40% of the management fee will be deferred ("Deferred Management Fee").

• If the Management Agent is an Affiliate of the General Partner then commencing with the termination of the Operating Deficit Guarantee Period, in any year in which the Apartment Housing has an Operating Deficit, 40% of the management fee will be deferred ("Deferred Management Fee") Deferred Management Fees, if any, shall be paid to the Management Agent in accordance with Section 11.1 of this Agreement.

• Any amounts remaining in the Deferred Management Fee Reserve Account after the Debt has been paid in full, shall be returned (x) in the event the Mezzanine Loan is outstanding, to Mezzanine Lender to be applied in accordance with the Mezzanine Loan Agreement, or (y) in the event that the Mezzanine Loan is paid in full, to Borrower.

• Collectively, the Senior Management Fee Interest, the Subordinated Management Fee Interest and the Deferred Management Fee Interest.

More Definitions of Deferred Management Fee

Deferred Management Fee. Each of the Deferred Base Management Fee and the Deferred Subordinated Management Fee.

Deferred Management Fee means the fee referred to in clause 2.6.

Deferred Management Fee shall have the meaning set forth in Section 9.2(c) hereof. “Developers” shall mean, collectively, USA Multifamily Housing, Inc., a California corporation, Riverside Charitable Corporation, a California nonprofit public benefit corporation, and Oldtimers Housing Development LLC, a California limited liability company.

Deferred Management Fee means, if there is an Affiliate acting as Property Manager and there is an Operating Deficit following the termination of the termination of the Operating Deficit Guaranty Period or the depletion of the maximum Operating Deficit amount, whichever occurs first, then 40% of the Management Fee will be deferred (“Deferred Management Fees”). Deferred Management Fee, if any, will be paid to the Property Manager as provided in Section

Deferred Management Fee shall have the meaning set forth in Section 9.2(c) hereof. Section 1.22 "Developer" shall mean MBL Development Co., a Missouri corporation.

Deferred Management Fee has the meaning given to such term in Section 5.2(a)(i)(B). “Delayed Approval” has the meaning given to such term in Section 4.2(h).

Deferred Management Fee. Any portion of the Base Management Fee and the Subordinate Management Fee that was due and payable in accordance with the Priority of Payments in respect of which the Collateral Manager elects to defer cash payment for one or more Payment Dates, plus interest on such amount accruing at the rate payable on the Class A-1 Notes.