Incentive Fee Period definition

Incentive Fee Period means, in the case of the first Incentive Fee Period, the period from, and including, the Issue Date to, but excluding, the first Incentive Fee Payment Date and thereafter, each period from, and including, an Incentive Fee Payment Date (including, for the avoidance of doubt, the first Incentive Fee Payment Date) to, but excluding, the following Incentive Fee Payment Date.

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Incentive Fee Period means each 1 (one) year period ending on the respective Incentive Fee Period End Date or such shorter period of time if the period ends on (a) the date of termination of this Agreement or of the Trust or (b) the date of resignation or removal of the Manager or (c) the date of removal of the CBFIs from registration in the RNV (or its successor) or from listing on the BMV (or its successor).

Incentive Fee Period means, with respect to each Incentive Fund, the quarter or year ending on the date as of which the amount of Incentive Fees payable for such period is determined.

Examples of Incentive Fee Period in a sentence

If the Manager has received, or would otherwise be receiving, a VCF Incentive Fee in the VCF Incentive Fee Period just ending, whether or not all the existing VCF Portfolio Securities should, for the purposes only of recalculating such VCF Incentive Fee be deemed to be divested at their VCF Fair Market Values as at such VCF Review Date.
Following the first divestment of VCF Portfolio Securities that occurs within a VCF Incentive Fee Period, the Company shall pay the Manager 20% of the Compound Gains (if it is a positive number) on such Divested VCF Portfolio Securities.
The Incentive Management Fee for each Incentive Fee Period shall either be: EBIDTA less than $500,000 = $0 Incentive Management Fee EBITDA equal to or greater than $500,000, but less than $650,000 = $15,000 Incentive Management Fee EBITDA equal to or greater than $650,000 = $25,000 Incentive Management Fee As used herein, "Incentive Fee Period" shall mean a CITY fiscal year, beginning July 1st and ending on the following June 30th.
In the event of CITY’s early termination of this Agreement pursuant to Section VIII that occurs prior to end of the end of the Incentive Fee Period of any year this Agreement is in effect, the Incentive Management Fee shall be calculated and, if eligible, paid, based on a pro-rated schedule of EBITDA for the interim period.
If the Company so determines, the VCF Incentive Fees for that VCF Incentive Fee Period shall be recalculated and the provisions of clause 6.5 and clause 6.6 shall apply accordingly and the VCF Fair Market Values so adopted shall be deemed to be the Cost Value of such VCF Portfolio Securities and such VCF Review Date shall be deemed to be the date of acquisition when calculating the VCF Incentive Fees for the subsequent VCF Incentive Fee Period until adjusted in accordance with this clause.
The Incentive Management Fee calculation shall apply to any interim period that is not a full year Incentive Fee Period.
The incentive management fee for each Incentive Fee Period shall equal twelve (12%) of the improvement in EBITDA over the EBITDA for the preceding Incentive Fee Period.
As used herein, "Incentive Fee Period" shall mean the OWNER's fiscal year, being October I and ending September 30.

More Definitions of Incentive Fee Period

Incentive Fee Period means, in the case of the first Incentive Fee Period, the period from, and including, the Issue Date to, but excluding, the first Payment Date and thereafter, each period from, and including, any Payment Date (including, for the avoidance of doubt, the first Payment Date) to, but excluding, the following Payment Date.

Incentive Fee Period means a CITY fiscal year, beginning July 1st and ending on the following June 30th. In the event of CITY’s early termination of this Agreement pursuant to Section VIII that occurs prior to end of the end of the Incentive Fee Period of any year this Agreement is in effect, the Incentive Management Fee shall be calculated and, if eligible, paid, based on a pro-rated schedule of EBITDA for the interim period. In the event of a termination for cause, no Incentive Management Fee shall be due. For each calculation of the Incentive Management Fee, any amount paid and/or accrued shall be excluded from the calculation in order to determine the absolute improvement in EBITDA.

Incentive Fee Period means each of the following periods:

Incentive Fee Period means (a) initially, the period commencing on the launch date of a series and ending on the last Valuation Day in the next occurring December and (b) thereafter, means the period commencing on the day after the last Incentive Fee Period for the series ended and ending on the earlier of (i) the last Valuation Day in the next occurring December, (ii) the day the series is terminated, or (iii) the day the Manager or an associate or affiliate of the Manager ceases to be the manager of the Fund.