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).
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Incentive Fee Period means each of the following periods:
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Examples of Incentive Fee Period in a sentence

  • 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.

  • 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.

  • In accordance to Clause 8.2(a), of the Management Agreement, the Manager shall be entitled to the Incentive Fee in respect of each Incentive Fee Period during the term of the Management Agreement.

  • Assets relating to non-contractual arrangements that arise as a result of statutory requirements imposed by governments, such as income taxes or levies are not considered financial assets and were out of scope of AASB 139.

  • The Incentive Fee for an Incentive Fee Period shall be calculated by the Manager at the Incentive Fee Calculation Date for the relevant Incentive Fee Period.

  • If the Agreement is terminated as of any date which is not the end of Incentive Fee Period, the incentive fee described above, if applicable, will be determined as if such termination date were at the end of an Incentive Fee Period.

  • Management Presentation with respect to the triggering of an Incentive Fee during the Incentive Fee Period, which concluded on June 6, 2022, in accordance with Clause 8.2 of the Management Agreement.

  • If any payment of incentive fees is made to the Advisor on account of Net New Profits and the Client’s Account thereafter fails to earn Net New Profits or experiences losses for any subsequent Incentive Fee Period, the Advisor will be entitled to retain such amounts of incentive fees previously paid to it in respect of such Net New Profits.

  • The definition of Net Trading Profit for the Incentive Fee is defined as the excess, if any, of equity in the Account at the end of an Incentive Fee Period over the highest previous ending equity balance in the Account for any prior Incentive Fee Period or the date trading commenced, whichever is higher, and as further adjusted to eliminate the effect on equity resulting from new capital contributions or withdrawals, if any, made during the quarter.


More Definitions of Incentive Fee Period

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.
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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.
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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.
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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.
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Related to Incentive Fee Period

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Bonus Period means the period for which a Bonus is payable. Unless otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Accretion Termination Date As defined in the Series Supplement.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.