Performance Fee Valuation Day definition
Performance Fee Valuation Day means, in respect of each Performance Period, the last Valuation Day of the relevant Performance Period.
Performance Fee Valuation Day means the last Business Day of each calendar year
Examples of Performance Fee Valuation Day in a sentence
A performance fee will be payable to the Investment Manager if the Net Asset Value per Share (as defined below), calculated on the relevant Performance Fee Valuation Day, is greater than the Base Net Asset Value per Share (as defined below).
A performance fee is calculated by reference to the increase in the Net Asset Value per Share (as defined below) as at the relevant Performance Fee Valuation Day and payable as soon as practicable after the end of each Relevant Performance Period.