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.
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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.
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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).
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Examples of Management Fee Adjustment in a sentence

  • 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 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.

  • 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.

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

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

  • Fixed Cinema Lease Amount and Cinema Property Management Fee Adjustment The Tenant has a right every three years during the Cinema Lease Term to appoint an independent valuer to evaluate the Fixed Cinema Lease Amount and/or the Cinema Property Management Fee of that particular year.

  • McGriff Service Fee 10‐12 13 14‐24 Joe DePaepe Jenniffer J Alvarado McGriff 2023 Management Fee Adjustment ‐ First Amendment Memo 25 1.

  • With regard to the determination of the Redemption Amount, one of the following fees will be subtracted: • Index Calculation Fee Adjustment • Management Fee Adjustment • Quanto Fee Adjustment • Short Selling Fee Adjustment A detailed explanation of these fees can be found in section VI.A.3 above.

  • The Final Terms may specify the following additional options With regard to the determination of the Redemption Amount, one of the following fees will be subtracted: • Index Calculation Fee Adjustment • Management Fee Adjustment • Quanto Fee Adjustment • Short Selling Fee Adjustment A detailed explanation of these fees can be found in section "VI.A.3" above.

  • Product Details Security NumbersValor: 30298122 / ISIN: CH0302981227 / WKN: UT52DKSIX SymbolDISCHUIssue Sizeup to 30’000 Units (with reopening clause)Issue PriceCHF 105.36 (=100% of the Initial Underlying Level, adjusted by the Conversion Ratio and the USD/CHF currency exchange rate), (Unit Quotation)Management Fee (MF)0.75% p.a. (subject to Management Fee Adjustment).


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.
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Related to Management Fee Adjustment

  • Management Fee shall have the meaning set forth in Section 10(a).

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Market Value Adjustment means, on a given date, an amount equal to the lesser of (x) 98% and (y) a percentage determined according to the following formula: Market Value Adjustment = 98% – [(10yrCMTt – 10yrCMTlaunch) ×Duration], where 10yrCMTt = the 10-Year Treasury Constant Maturity Rate published each business day by the Board of Governors of the Federal Reserve System, or, if such rate ceases to be published, a successor rate reasonably determined by the Trustees (the “10-Year CMT”), on such repurchase date; 10yrCMTlaunch = the 10-Year CMT as of the end of the Initial Offering Period; and Duration = an estimate of the duration of the periodic interest payments of a hypothetical coupon-paying U.S. Government Security with a 25-year maturity, calculated by the Trust’s Investment Manager as of the end of the Initial Offering Period;

  • Financing Costs Adjustment Date means each of the following days:

  • Lot line adjustment means the relocation of the property boundary line in a

  • Base Management Fee means the base management fee, calculated and payable quarterly in arrears, in an amount equal to one-fourth of 1.50% of the Company’s Equity.

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

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • SOFR Adjustment Date means the second U.S. Government Securities Business Day before the first day of such Interest Period.

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • 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 Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration 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 Company 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.

  • Risk Management Fee means a value expressed in percentage per year, which forms the risk premium for the Issuer. The Initial Risk Management Fee for the First Trade Date is specified in § 1 of the Product and Underlying Data. The Calculation Agent adjusts the Risk Management Fee on each Adjustment Date acting in accordance with relevant market practice and in good faith to the current market circumstances so that the ratio of the Risk Management Fee to the relevant market parameters (especially volatility of the Underlying, liquidity of the Underlying, hedging costs and lending costs (if any)) remains substantially unchanged. The adjusted Risk Management Fee is valid during the period of the respective Adjustment Date (excluding) to the immediately following Adjustment Date (including). The Calculation Agent shall after its specification notify the valid Risk Management Fee in each case pursuant to § 6 of the General Conditions.

  • 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).

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Adjustment Fraction shall have the meaning set forth in Section 11(a)(i) hereof.

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Adjusted Value as used in subdivision (d) means: