Partnership Management Fee definition
Partnership Management Fee shall have the meaning set forth in Section 6.12(c).
Partnership Management Fee means the fee payable to the General Partners pursuant to the provisions of Section 6.12(a).
Partnership Management Fee is defined in Section 3.10(b) hereof.
Examples of Partnership Management Fee in a sentence
In the event that net cash flow is insufficient in any year to pay the full amount of the Partnership Management Fee, the amount unpaid shall accrue without interest and be payable in subsequent years.
After payment of the Development Fee, the General Partner and Special LP shall each be entitled to receive a Partnership Management Fee in the amount of $10,000 per year for its services in connection with Management of the Partnership, which fee shall be paid on a pari passu basis as the asset management fee paid to the Investor LP or its affiliate.
More Definitions of Partnership Management Fee
Partnership Management Fee means the fee authorized by Subparagraph 8.2.3.1 of this Agreement. 3.23 "PLACEMENT MANAGER" shall mean Income Network Company, a California corporation, and an NASD Broker/Dealer which is an Affiliate of the General Partner and selected by the General Partner to sell the Units. 3.24 "SALES COMMISSIONS" shall mean those amounts paid to NASD Broker/Dealers selected by the General Partner as compensation or reimbursement for their services and expenses in marketing the Units. 3 4 3.25 "SUBSTITUTED LIMITED PARTNER" shall mean a transferee of Units who has succeeded to all the rights of a Limited Partner inherent in the ownership of Units. 3.26 "SYNDICATION FEE" shall mean the fee paid to the General Partner equal to 3% of the Gross Proceeds. 3.27 "TOTAL OUTSTANDING UNITS" shall mean all Units outstanding at a specified date. 3.28 "UNIT" shall mean an interest in the Partnership representing a capital contribution of $5,000 in cash and shall entitle the holder thereof to an interest in the income, gains, losses, deductions, credits and distributions of the Partnership.
Partnership Management Fee means the fee authorized by Subparagraph 8.2.3.1 of this Agreement. 3.23 "PLACEMENT MANAGER" shall mean Income Network Company, a California corporation, and an NASD Broker/Dealer which is an Affiliate of the General Partner and selected by the General Partner to sell the Units. 3.24 "PROSPECTUS" shall mean the Prospectus dated June 6, 1994, of which this Agreement is Exhibit "B." 3.25 "SALES COMMISSIONS" shall mean those amounts paid to NASD Broker/Dealers selected by the General Partner as compensation or reimbursement for their services and expenses in marketing the Units. 3.26 "SUBSTITUTED LIMITED PARTNER"shall mean a transferee of Units who has succeeded to all the rights of a Limited Partner inherent in the ownership of Units. 3 4 3.27 "SYNDICATION FEE" shall mean the fee paid to the General Partner equal to 3% of the Gross Proceeds. 3.28 "TOTAL OUTSTANDING UNITS" shall mean all Units issued and outstanding at a specified date. 3.29 "UNIT" shall mean an interest in the Partnership representing a capital contribution of $2,500 in cash and shall entitle the holder thereof to an interest in the income, gains, losses, deductions, credits and distributions of the Partnership.
Partnership Management Fee means the annual fee equal to a percentage of Adjusted Cash From Operations payable in accordance with Paragraph 9.
Partnership Management Fee means partnership management fees payable pursuant to the Partnership Agreement to any partner of Borrower in the amounts approved by the County as set forth in Section 3.19 of the County Loan Agreement.
Partnership Management Fee means an annual fee equivalent to 15% of the annual Budget. The Partnership Management Fee shall be paid above the line, unless in any one year, there is not enough cash flow to pay in full. The Managing General Partner can defer all or a
Partnership Management Fee. That certain Partnership management fee payable to the General Partner, pursuant to Exhibit E.
Partnership Management Fee has the meaning set forth in Section 9.2(f) hereof. “Partnership Minimum Gain” shall mean the amount determined in accordance with the principles of Treasury Regulation Sections 1.704-2(b)(2) and 1.704-2(d).