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 addition, if the General Partners shall so fail to pay, the General Partners and their Affiliates shall forthwith cease to be entitled to the Annual Partnership Management Fee, and to the payment of any Cash Flow or Capital Transaction proceeds to which they may otherwise be entitled hereunder.

• The Annual Partnership Management Fee for each fiscal year of the Partnership shall be payable from Cash Flow in the manner and priority set forth in Section 10.2(a) to the extent Cash Flow is available therefor for such year.

• Such payments of the Annual Partnership Management Fee, Cash Flow and Capital Transaction proceeds shall be restored only upon the payment of such damages in full, and any amount of such damages not so paid shall be deducted against payments of the Annual Partnership Management Fee, Cash Flow and Capital Transaction proceeds otherwise due to the General Partners or their Affiliates.

• Such payments of the Annual Partnership Management Fee, Cash Flow and Capital Transaction proceeds shall be restored only upon the payment of such damages in full, and any amount of such damages not so paid shall be deducted against payments of the Annual Partnership Management Fee, Cash Flow and Capital Transaction proceeds otherwise due to the General Partners or their affiliates.

• The individual general partners are not required to return any amount in excess of one-half of the 9% Partnership Management Fee received.

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 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 the annual fee equal to a percentage of Adjusted Cash From Operations payable in accordance with Paragraph 9.

Partnership Management Fee means the fee authorized by Subparagraph 8.2.3.1 of this Agreement. 3.22 "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. 3.23 "MEMORANDUM" shall mean the Confidential Private Placement Memorandum of which this Agreement is Exhibit "A." 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 issued and outstanding at a given 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 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).

Partnership Management Fee has the meaning given it in Section 5.3A(5).

Partnership Management Fee means the fee payable to the Administrative General Partner and the Managing General Partner pursuant to Section 8.23 for the services of such Person in monitoring the operations on behalf of the Partnership initially equal to $25,000 per year and increasing 3% per year, which fee will accrue if not paid; provided, however, that the aggregate of the Partnership Management Fee and the Management Fee with respect to a particular Taxable Year shall not exceed 12% of the gross revenues of the Partnership for such Taxable Year.