Examples of Deferred Management Fees in a sentence
Deferred Management Fees, if any, shall be paid to the Management Agent in accordance with Section 11.1 of this Agreement.
Deferred Management Fees, if any, shall be paid to the Management Agent solely in accordance with and to the extent permitted by Section 11.1 of this Agreement.
If the Management Agent is an Affiliate of the General Partner and there is an Operating Deficit following the termination of the Operating Deficit Guarantee Period or the depletion of the maximum Operating Deficit amount pursuant to Section 6.3, whichever occurs first, then 40% of the management fee will be deferred ("Deferred Management Fees").
Collectively, the Senior Management Fee, the Subordinated Management Fee, the Deferred Management Fees and the Incentive Management Fee.
All amounts paid to the Property Manager as management fees (including Deferred Management Fees) shall be treated as amounts paid to a person other than a Member as described in Section 707(a) of the Code.