Performance Fees definition

Performance Fees means incentive or performance fees earned from achieving target investment returns in an Investment Vehicle.

Performance Fees means the fees paid to the Investment Manager as defined under 9.2 below. “Prospectus” means this prospectus of the Fund as amended from time to time.

Performance Fees means ownership interests or contractual rights representing the right to receive compensation dependent on investment performance or results and payments or distributions made or owed to a Covered Subsidiary in respect thereof.

Examples of Performance Fees in a sentence

• Management Fees and Performance Fees shall cease to be payable during the Orderly Wind Down as described in the relevant Annex A.

• Accrued Performance Fees (as described in the Disclosure Document) shall reduce Net Asset Value, even though such Performance Fees may never, in fact, be paid.

• The Administrative and Registrar Agent may also receive from the Fund transaction-based fees as mentioned below, which will be payable in addition to the Management and Performance Fees.

• The Management Company may arrange for such fees and expenses to be paid directly out of the assets comprising the Fund, subject however to such total fees and expenses and those payable to the Management Company not exceeding the maximum Management and Performance Fees applicable to each Sub-Fund.

• The Management Company shall pay, out of the Management and Performance Fees, the following fees and expenses: - the fees and expenses due to the Investment Manager and any appointed Sub-Investment Manager; - the fees and expenses due to the Distributors (*).

More Definitions of Performance Fees

Performance Fees in the context of a fund, means payment made to an investment manager for generating positive returns for the fund. Performance fee can be calculated based on the increase in net asset value above the high watermark of, or the distributable proceeds of, the relevant fund. Carried interest, which generally represents a share of the relevant fund’s profits that serve as compensation for investment managers, is a type of performance fees

Performance Fees means the Performance Component of the Advisory Fee described in Section 9(a) of that certain Fourth Amended and Restated Advisory Agreement, dated as of June 30, 2017 and effective as of July 1, 2017, among the Advisor, the Borrower and the Trust.

Performance Fees means an annual performance fee payable by each of the Funds. See “Fees and Expenses - Performance Fees”;

Performance Fees means the fees paid by the relevant Shareholders to the Management Company

Performance Fees means any carried-interest, incentive or other fees based on investment-performance.

Performance Fees means all performance-based fees (net of any applicable fee waivers, reimbursements or distribution or servicing fees payable by the Company or SAMI to third parties), excluding any fulcrum fees or other management fees that vary based on historical performance, earned for financial reporting purposes by the Company from Clients and Funds in respect of the applicable period and not refunded by the Company to the applicable Client or Fund, respectively.

Performance Fees means the Performance Component of the Advisory Fee described in Section 9(a) of that certain Amended and Restated Advisory Agreement (2019), dated as of June 12, 2019 and effective as of July 1, 2017, among the Advisor, the Borrower and the Trust.