Management Fee Rate definition

Management Fee Rate means the Management Fee Rate as may be specified in the relevant Supplement.

Management Fee Rate means, in respect of each class of Metal Security, the rate per annum specified in Section2.2 of this Prospectus;

Management Fee Rate means, with respect to each portfolio, one quarter of:

Examples of Management Fee Rate in a sentence

• The annual Management Fee Rate for a class shall be the lesser of (1) the class’s Mandate Rate reduced by the class’s Discount Rate or (2) the Maximum Management Fee Rate set forth in Schedule 2 of this Contract, if applicable.

• One–twelfth of the annual Management Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month.

• One-twelfth of the annual Management Fee Rate for a class shall be applied to the average of the net assets of the class of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month.

• For each calendar day, each class of each Fund shall accrue a fee calculated by multiplying the Per Annum Management Fee Rate for that class times the net assets of the class on that day, and further dividing that product by 365 (366 in leap years).

• In consideration of the services performed under the Agreement, the Company shall pay the Investment Manager a “Management Fee” for each calendar quarter equal to the per annum Average Month-End Management Fee Rate for such quarter of the Average Month-End Net Asset Value.

More Definitions of Management Fee Rate

Management Fee Rate means a maximum of: (a) 2.5% per annum (0.625% per quarter), if the Management Fee Base is equal to or less than $60 million; (b) 2% per annum (0.5% per quarter), if the Management Fee Base is equal to or greater than $120 million; and (c) if the Management Fee Base is greater than $60 million and less than $120 million, the per annum rate derived from the following formula: 2.5% - (.5% x ((Management Fee Base - $60 million)/$60 million))).

Management Fee Rate shall have the meaning set forth in Annex A. “Marks” shall have the meaning set forth in Section 8.14.

Management Fee Rate means, in respect of each class of Metal Security, the rate per annum specified in Section

Management Fee Rate means: Series A Interests: 1.50% per annum Series B Interests: 1.25% per annum Series C Interests: 1.00% per annum Series D Interests: 0.75% per annum The Management Fee will be calculated and accrue monthly (at a rate of 1/12 of the relevant Management Fee Rate), based on each Limited Partner’s Capital Account balance, measured as of the close of business (New York time) on the last Business Day of each calendar month (or other relevant period), after taking into account any additional Capital Contributions made during such calendar month. For purposes of calculating the Management Fee with respect to a Limited Partner, the General Partner shall aggregate the Interests held by such Limited Partner across all the Capital Accounts held by such Limited Partner. The Management Fee will be paid monthly in arrears, generally within fifteen (15) Business Days after the last day of each calendar month; provided that the Management Fee, with respect to any Interest(s) withdrawn other than on the last Business Day of a calendar month, will be paid as of the relevant Withdrawal Date, and will be based on the Capital Account balance of the Interest being withdrawn as of such Withdrawal Date and adjusted pro rata to reflect the withdrawal intra-month. The General Partner may waive, modify, reduce or calculate differently the Management Fee to be borne directly or indirectly by a Limited Partner for any reason in its sole discretion, including to reflect matters such as the amount of the Limited Partner’s investment and its commitment to maintain its investment in the Onshore Partnership. The General Partner may share the Management Fee, in whole or in part, with any other person or entity, including its Affiliates, in its sole discretion. Interests held by the General Partner and its Affiliates are not subject to the Management Fee. Incentive Allocation. The General Partner shall be allocated an Incentive Allocation as follows:

Management Fee Rate. With respect to any Payment Date, the Management Fee expressed as a percentage of the Aggregate Principal Balance as of the last day of the Due Period preceding such Payment Date.

Management Fee Rate means the rate, expressed as a percentage, as determined pursuant to a written agreement between the Company and each Member. The Management Fee Rate for the Manager or its Affiliate, the PC Member, and PC TRS shall be zero, and each Member other than the Manager or its Affiliate, PC Member, and PC TRS will have a Management Fee Rate that is the same as each other Member other than the Manager or its Affiliate, PC Member, and PC TRS.

Management Fee Rate means 4.5% so long as SBA Network Management, Inc., or an Affiliate thereof, is the Manager, and otherwise shall be such amount not to exceed 7.50% that is agreed to by the successor manager.