Manager Fee shall have the meaning set forth in Section 2.1(b) of the Management Agreement.
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 the fees, expenses and other amounts owed to the Manager pursuant to the Management Agreements.
Examples of Manager Fee in a sentence
The Borrower shall pay the Manager Fee to the initial Manager and after the resignation or replacement of the initial Manager, the Borrower shall pay the Manager Fee to a Successor Manager appointed in accordance with the Management Agreement.
More Definitions of Manager Fee
Manager Fee has the meaning given in Section 6.2.
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 specific investment strategy and is charged to you as a component of your Asset-based Fee. For unified managed accounts, the blended fee rate is calculated using the full billable value of the account, while applying a 0% manager fee rate to non-separately managed account assets
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 XXXX Solar Loans owned by the Borrower as of the first day of the related Collection Period (excluding Defaulted Solar Loans for which the related XXXX System is 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 (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 shall have the meaning set forth in Section 1.1 of the Management Agreement. [***] = Certain information has been excluded from this exhibit because it is both not material and would likely cause harm to the company if publicly disclosed.
Manager Fee. This term shall have the meaning set forth in the Management Agreement.
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.