Management Fee Base means, for a specified period, the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments computed by taking the average of such sums at the end of each month during such specified period.

Management Fee Base means: (a) during the Initial Investment Period, the sum of the Partnership’s Unreduced Regulatory Capital plus Assumed SBA Leverage; and (b) after the Initial Investment Period, the aggregate cost of loans and investments as of the first day of the fiscal quarter in which Management Compensation is paid or begins to accrue (whichever occurs earlier) for all of the Partnership’s “Active Portfolio Companies”. The term “Active Portfolio Companies” shall mean any ongoing concerns in which the Partnership has invested and as to which the Partnership has not written off its investment, subject to SBA review.

Examples of Management Fee Base in a sentence

The Company shall pay the Advisor or its assignees as compensation for the services described in Section 3.3 hereof a quarterly fee (the “Asset Management Fee”) in an amount equal to 0.25% of the Management Fee Base.
The Asset Management Fee is payable quarterly in advance, on January 1, March 1, July 1 and October 1, in the amount of 0.25% of the Management Fee Base for the preceding fiscal quarter.
Each of the Manager and the REIT shall cause its representatives to be available, during normal business hours and upon reasonable notice, to the Sub-Manager to review the calculation of the Final Payment (including the applicable Sub-Manager Base Management Fee, Base Management Fee, and Gross Equity Raised).
The Asset Management Fee is payable quarterly in advance, on January 1, April 1, July 1 and October 1, in the amount of 0.25% of the Management Fee Base for the preceding fiscal quarter.
In the event that the Sub-Manager disputes the calculation of the Final Payment (including the calculation of the applicable Sub-Manager Base Management, Fee Base Management Fee, and Gross Equity Raised), the Sub-Manager and the Manager will use commercially reasonable efforts, and negotiate in good faith, to promptly reach agreement as to the correct calculation of the Final Payment.

More Definitions of Management Fee Base

Management Fee Base. As defined in Section 7.2(b).

Management Fee Base means (i) during the Initial Fee Period, the sum of Unreduced Regulatory Capital and Assumed SBA Leverage; and (ii) thereafter, the cost of loans and investments for all Portfolio Companies of the Fund, as of the time of determination, that the Fund has not written off and which remains an ongoing concern.

Management Fee Base means the sum of Unreduced Regulatory Capital and Assumed SBA Leverage. “Management Fee Rate” means: (i) 2.5%, if the Management Fee Base is equal to or less than $60 million, or (ii) if the Management Fee Base is greater than $60 million but less than $120 million, such percentage that is equal to the difference between (A) 2.5%, and (B) 0.5% multiplied by (the difference between the Management Fee Base and $60 million, divided by $60 million), or (iii) 2.0%, if the Management Fee Base is greater or equal to $120 million. “Media Company” means an entity that, directly or indirectly, owns controls or operates or has an attributable interest in (a) a U.S. broadcast radio or television station or a U.S. cable televisions system, (b) a “daily newspaper,” (as such term is defined in Section 73.3555 of the rules and regulations of the Federal Communication Commission (“FCC”)), (c) any U.S. communications facility operated pursuant to a license granted by the FCC and subject to the provisions of Section 310(b) of the Communications Act of 1934, as amended, or (d) any other business that is subject to FCC regulations under which the ownership of the Partnership in such

Management Fee Base has the meaning provided in Section 3.5. “Management Fee Rate” has the meaning provided in Section 3.5.

Management Fee Base means: During the Management Fee Initial Period, the sum of (A) Management Fee Unreduced Regulatory Capital and (B) Assumed Leverage; and After the Management Fee Initial Period, for any fiscal quarter in which Management Compensation is paid or begins to accrue (whichever occurs earlier), the cost basis of the Partnership’s Portfolio Securities in Active Portfolio Companies as of the first day of such quarter.

Management Fee Base means (i) during the Initial Fee Period, the sum of Unreduced Regulatory Capital and Assumed SBA Leverage; and(ii) thereafter, the cost of loans and investments for all Portfolio Companies of the Fund, as of the time of determination, that the Fund has not written off and which remains an ongoing concern.