Maximum Management Fee means 4.0% of gross revenues of the Property.
Maximum Management Fee means an amount not to exceed that amount which is reasonable and customarily incurred and paid by owners and operators of regional shopping malls in the region in which the Property is located.
Examples of Maximum Management Fee 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.
The per annum fees of the Approved Property Manager (including any incentive fees) shall not, at any time, exceed the Maximum Management Fee.
The per annum base management fees of the Approved Property Manager shall not, at any time, exceed the Maximum Management Fee.
Management Fees (continued)Oaktree Global Credit Fund and Oaktree Brunel Global Credit Fund bear a fee (the “Management Fee”) in an amount equal to the percentages specified in the table below under "Maximum Management Fee" for the relevant classes of shares of the Net Asset Value of each such class of ordinary share.
The Occupied Unit Per Month State Maximum Management Fee available on Attachment 3-F must be reflected on the proposed budgets and are effective January 1, for the specified fiscal year.
More Definitions of Maximum Management Fee
Maximum Management Fee means an amount not greater than the greater of (x) five percent (5%) per annum of Gross Income from Operations for each Asset and (y) the fee generally charged by third party managers of hotels substantially similar to such Asset (as reasonably determined by Administrative Agent) in the same region as such Asset but in no event in excess of seven percent (7%) per annum of Gross Income from Operations for each Asset. "MAXIMUM PERMITTED TRADE PAYABLES AND FF&E FINANCINGS" shall mean (x) Permitted Trade Payables which are outstanding for more than sixty (60) days and (y) FF&E Financings, in the aggregate for clause (x) and clause (y) not to exceed $350,000 per Asset and $16,537,500 for the Property.
Maximum Management Fee means with respect to the Property, an amount not to exceed the management fee which would be paid to a third-party in an arms length transaction for services similar to the services to be rendered by Manager under the Management Agreement.
Maximum Management Fee means with respect to each Individual Property, an amount not to exceed four percent (4%) per annum of Gross Income from Operations applicable to such Individual Property.
Maximum Management Fee means […***…] of the actual gross revenues of the Mortgaged Property. “MNPI” shall mean any material Nonpublic Information regarding the Guarantor and its Subsidiaries or the Loans or securities of any of them. For purposes of this definition “material Nonpublic Information” shall mean Nonpublic Information that would reasonably be expected to be material to a decision by any Lender to participate in any Dutch Auction or assign or acquire any Loans or to enter into any of the transactions contemplated thereby or would otherwise be material for purposes of United States Federal and state securities laws. “Moody’s” shall mean Xxxxx’x Investors Service, Inc. “Mortgaged Property” shall mean, as of the Closing Date, the real property listed on Schedule 1 hereof. “Mortgage” shall mean that certain Mortgage, Assignment of Rents, Security Agreement and Fixture Filing granting a Lien on any Mortgaged Property of the Borrower, together with its interest in such property, to secure the Obligations, each in a form reasonably satisfactory to the Administrative Agent. “Net Proceeds” shall mean the aggregate cash and Cash Equivalents received by the Borrower or any of its Affiliates in respect of any Recovery Event, net of: (a) the direct costs and expenses relating to such Recovery Event, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Recovery Event, taxes paid or payable as a result of the Recovery Event, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements and (b) any reserve for adjustment or indemnification obligations in respect of the sale price of such asset or assets established in accordance with GAAP.
Maximum Management Fee means 3%, or such greater percentage as Lender shall approve in writing in its reasonable discretion, of the gross revenues of the applicable Property.
Maximum Management Fee means 3% of the gross revenues. “Monthly Capital Expenditure Amount” means, at any time, one-twelfth of the product of (x) $0.20 times (y) the Aggregate Square Footage. “Monthly TI/LC Amount” means, at any time, one-twelfth of the product of (x) $1.00 times (y) the Aggregate Square Footage. “Moody’s” means Xxxxx’x Investors Service, Inc. and its successors. “Morningstar” means Morningstar Credit Ratings, LLC or its applicable affiliate, and its successors. “Mortgage” means, with respect to each Property, that certain mortgage, deed of trust or deed to secure debt, as the case may be, assignment of rents and leases, collateral assignment of property agreements, security agreement and fixture filing encumbering such Property, executed by Borrower as of the Closing Date, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith. Each Mortgage shall secure the entire Indebtedness, provided that in the event that the jurisdiction in which the Property is located imposes a mortgage recording, intangibles or similar Tax and does not permit the allocation of indebtedness for the purpose of determining the amount of such Tax payable, the principal amount secured by such Mortgage shall be equal to the greater of (x) 125% of such Property’s Allocated Loan Amount and (y) the appraised value of such Property. “Net Operating Income” means, with respect to any Test Period, the amount by which (x) the product of (i) four, times (ii) the sum of (1) Operating Income for the last Fiscal Quarter contained in such Test Period, plus (2) any rent that would have been paid during such Fiscal Quarter, but for the existence of a free rent period or other rent abatement, plus (3) without duplication, rent that would have been payable during such Fiscal Quarter under any Lease executed during such Fiscal Quarter had such Lease been in effect for the entirety of such Fiscal Quarter, as determined based on the rent payable under such Lease for the first year of the term thereof (without giving effect to any free rent period) exceeds (y) Operating Expenses for such Test Period. 16
Maximum Management Fee means 5% of gross Revenue from the Property, as provided in the Management Agreement.