Sub-Management Fee definition

Sub-Management Fee shall have the meaning set forth in Section 5.1.
View Source
Sub-Management Fee means the “Fee” as defined in this Sub-Management Agreement.
View Source

Examples of Sub-Management Fee in a sentence

  • Sub-Manager shall be entitled to retain such Sub-Management Fee from the Gross Revenues in accordance with Section 6.01 A of the Management Agreement, provided Sub-Manager remits the remaining 0.75% percent of the Base Management Fee to Manager within twenty (20) days after the close of each Accounting Period.

  • Sub-Manager shall be entitled to retain such Sub-Management Fee from the Gross Revenues in accordance with Section 6.01 of the Management Agreement, provided Sub-Manager remits the remaining [0.75%] percent of the Base Management Fee to Manager within twenty (20) days after the close of each Accounting Period.

  • Any amounts disbursed by Sub-Manager to itself out of the Operating Account, or paid directly by Tenant to Sub-Manager, on account of the Sub-Management Fee in accordance with the Sub-Management Agreement shall be credited against the Fee payable to Manager hereunder.

  • Subject to the terms of any agreements entered into by Manager with the Facility Lender pursuant to Section 14 hereof, Manager shall make disbursements from the Operating Account to make all payments due to Operations pursuant to the Master Management Agreement when such payments are due (the parties agreeing that Manager shall be entitled to the payment and disbursement to Manager of the Sub-Management Fee prior to any payment made to Operations).

  • CLO1 2 AAA-rated 0.4000% 0.2500% AA-rated 0.4000% 0.2500% A-rated 0.4000% 0.2500% BBB-rated 0.4000% 0.4500% BB Through Unrated 0.4000% 0.4500% High Yield3 High Yield 0.3000% 0.4500% BISF N/A 0.4500% 1 Prior to the date hereof, the Sub-Management Fee rate applicable to certain legacy CLO assets sub-managed by GSO as previously identified to GSO in writing by the Investment Manager (the “Legacy CLO Portfolio”) was 0.2500% per annum.

  • The applicable Sub-Management Fee shall be calculated in accordance with the following with respect to the applicable Sub-Manager and assets managed by such Sub-Manager.

  • For the purposes of this Agreement, “Prior Fees” shall mean, as of the date of determination, the average of the monthly Fee and Sub-Management Fee payable hereunder and under any Sub-Management Agreement, respectively, during the twelve (12) full calendar months immediately prior to such date.

  • For purposes of calculating the Sub-Management Fee with respect to the applicable Sub-Manager, the ratings for the assets managed by such Sub-Manager shall be determined as of the last day of each applicable calendar quarter.

  • The Sub-Management Fee rate applicable to the Legacy CLO Portfolio shall continue to be 0.2500% per annum as previously agreed between GSO and the Investment Manager.

Related to Sub-Management Fee

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Investment Management Fee means the fee defined in the section entitled

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.