Manager Fee definition

Manager Fee shall have the meaning set forth in Section 2.1(b) of the Management Agreement.

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Manager Fee means the fees, expenses and other amounts owed to the Manager pursuant to the Management Agreements.

Manager Fee means for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to the product of (i) one-twelfth of the O&M Fee Base Rate and (ii) the sum of (1) the aggregate DC nameplate capacity (measured in kW) of all PV Systems related to the Solar Loans owned by the Issuer as of the first day of the related Collection Period (excluding PV Systems related to Defaulted Solar Loans that are not operational and not in the process of being removed, repaired or replaced) and (2) [***] kW multiplied by the number of ESS Solar Loans owned by the Issuer as of the first day of the related Collection Period (excluding Defaulted Solar Loans for which the related Energy Storage System is not operational and not in the process of being removed, repaired or replaced).

Examples of Manager Fee in a sentence

• Such advances, if any, shall be credited against such portion of the Dealer Manager Fee payable pursuant to Section 3(d) that is retained by the Dealer Manager and not re-allowed until the full amount of such advances is offset.

• Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee to such Participating Dealers without incurring any liability therefor.

• The Company will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee to Participating Dealers.

• No Dealer Manager Fee will be paid in connection with Shares sold pursuant to the DRP.

• The Dealer Manager may retain or re-allow all or a portion of the Dealer Manager Fee, subject to federal and state securities laws, to the Soliciting Dealer who sold the Shares, as described more fully in the Soliciting Dealers Agreement.

More Definitions of Manager Fee

Manager Fee has the meaning given in Section 6.2.

Manager Fee means for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to the product of (i) one-half of the O&M Fee Base Rate and (ii) the aggregate DC nameplate capacity (measured in kW) of all PV Systems owned by the Issuer as of the first day of the related Collection Period (excluding PV Systems related to Defaulted Solar Assets that are not operational and not in the process of being removed, repaired or replaced).

Manager Fee means for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to the product of (i) one-twelfth of the O&M Fee Base Rate and (ii) the sum of (1) the aggregate DC nameplate capacity (measured in kW) of all PV Systems related to the Solar Loans owned by the Borrower as of the first day of the related Collection Period (excluding PV Systems related to Defaulted Solar Loans that are not operational and not in the process of being removed, repaired or replaced) and (2) [***] kW multiplied by the number of ▇▇▇▇ Solar Loans owned by the Borrower as of the first day of the related Collection Period (excluding Defaulted Solar Loans for which the related ▇▇▇▇ System is not operational and not in the process of being removed, repaired or replaced).

Manager Fee. The Manager Fee represents investment management fees charged by advisory service providers for a specific investment strategy. The Manager Fee rate is variable by Advisory Service Provider and

Manager Fee means for each Payment Date (in accordance with and subject to the Priority of Payments) an amount equal to (A) prior to the appointment of a Replacement Manager, the sum of (i) the product of (a) one-quarter of the O&M Fee Base Rate set forth in clause (i) of such definition and (b) the aggregate DC nameplate capacity (measured in kW) of all PV Systems owned by the Issuer as of the first day of the related Collection Period (excluding PV Systems related to Defaulted Solar Assets that are not operational and not in the process of being removed, repaired or replaced) plus (ii) the product of (a) one-quarter of the O&M Fee Base Rate set forth in clause (ii) of such definition and (b) the number of batteries included in (1) PV Systems that include Storage Systems and (2) Independent Storage Systems, which in each case are owned or operated by the Issuer as of the first day of the related Collection Period (excluding Storage Systems related to Defaulted Solar Assets that are not operational and not in the process of being removed, repaired or replaced) and (B) subsequent to the appointment of a Replacement Manager, such other amount as may be required by such Replacement Manager.

Manager Fee means a monthly fee equal to $25.00 per Railcar per month (whether or not such Railcar is then subject to a Lease); provided, however, that the Manager Fee, at the direction of the Controlling Party, may be increased to up to $37.50 per Railcar (whether or not such Railcar is then subject to a Lease) per month in the event that any Person other than the Initial Manager shall be the Manager.

Manager Fee shall have the meaning set forth in the Management Agreement.