Management Fee Adjustment definition

Management Fee Adjustment means, with respect to any Asset for any fiscal period, the amount, if any, by which (i) two percent (2.0%) of all rental and other income from the operation of such Asset multiplied by four exceeds (ii) all actual management fees payable in respect of such Asset multiplied by four.
Management Fee Adjustment means, with respect to any Asset for any fiscal period, the greater of (i) an amount equal to 5.0% of the total revenues generated from the operation of such Asset for such fiscal period and (ii) all actual management fees payable in respect of such Asset during such fiscal period.
Management Fee Adjustment means that the Issuer has the annual right, on each 31 December, for the first time on 31 December 2013 (“Management Fee Adjustment Notice Date”) to adjust the Management Fee effective 12 months after the Management Fee Adjustment Notice Date has been published to that effect (in case that any of the dates is not a Business Day, the next following Business Day applies).

Examples of Management Fee Adjustment in a sentence

  • The Management Fee Adjustment will be determined in accordance with the scale as specified in the Schedule(s) which is attached hereto and made part of this Agreement.

  • For the purposes of Section 7.1.2 hereof, if a payment giving rise to a Base Management Fee Adjustment was denominated in a currency other than U.S. dollars, the amount of such payment will be converted to U.S. dollars for purposes of this Agreement in accordance with the applicable exchange rate, as determined by the Service Providers acting reasonably.

  • The provisions of this Section 3.2 shall only apply if the initial Management Fee Adjustment described in Section 3.1 is deemed problematic under Law, as further explained in Section 3.2.1.

  • Beginning June 1, 2015, the Transitional Management Fee Adjustment shall no longer be a componet of the advisory fee calculated under this section.

  • For the period December 1, 2013 through May 31, 2015, the Transitional Management Fee Adjustment shall equal $67,300 per month.

  • The Service Providers or another member of the Service Provider Group will compute each instalment and allocation of the Net Base Management Fee (including computation of the Base Management Fee Adjustment) as soon as practicable following the end of the Quarter with respect to which such instalment is payable, but in any event no later than five Business days following the end of such Quarter.

  • Management Fee Adjustment Incentive Compensation Adjustment Reflects an adjustment to the Incentive Compensation of $24.0 million related to the pro forma adjustments to the statement of income and the impact of this share issuance by the Company to HLSS on the incentive compensation threshold.

  • Management Fee The Manager or another Service Provider will compute each instalment and allocation (pursuant to the method of allocation determined from time to time by agreement of the Manager and the Service Recipients) of the Net Base Management Fee (including computation of the Base Management Fee Adjustment, by and to whom the Net Base Management Fee is paid approximately 30 days before the end of the Quarter with respect to which such instalment is payable.

  • In the event the number of planted acres changes, the fee will be adjusted accordingly as provided in a Management Fee Adjustment Addendum to be executed by the Parties, if any.

  • The Management Fee is equal to 1.50% of the net asset value of each Member's Units and will be subject to an adjustment (the "Management Fee Adjustment") based on the annual returns of each Member's Units.


More Definitions of Management Fee Adjustment

Management Fee Adjustment means for any applicable period, the difference between the Management Fee and the Overhead Allocation, expressed as a positive or negative number, as the case may be.

Related to Management Fee Adjustment

  • Management Fee has the meaning given in Section 4.1.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • SOFR Adjustment means 0.10% (10 basis points).