Common use of Base Management Fee Clause in Contracts

Base Management Fee. (i) The Base Management Fee will be calculated at an annual rate of 2.0% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quarters. Base Management Fees for any partial quarter will be appropriately pro-rated.

Base Management Fee. (i) The Base Management Fee will be is calculated at an annual rate of 2.01.25% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets average net asset value at the end of the two (2) most recently completed calendar quartersmonths. The Adviser may, in its discretion, defer payment of the Base Management Fee, without interest, to any subsequent month. Base Management Fees for any partial quarter will be appropriately pro-ratedmonth are prorated based on the number of days in the month.

Base Management Fee. (i) The Base Management Fee will shall be calculated at an annual rate of 2.0% two percent (2%) of average the Company’s gross assets, excluding cash and cash equivalents, . The Base Management Fee shall be payable quarterly monthly in arrears, and will shall be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quartersquarter and appropriately adjusted for any equity capital raises or repurchases during the current calendar quarter. The Base Management Fees Fee for any partial month or quarter will shall be appropriately pro-pro rated. The Base Management Fee shall begin accruing on the Effective Date.

Base Management Fee. (i) The Base Management Fee will be is calculated at an annual rate of 2.01.0% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s average gross assets at the end of the two (2) most recently completed calendar quarters, including assets purchased with borrowed funds or other forms of leverage but excluding cash and cash equivalents. The Base Management Fees for any partial quarter Fee is payable quarterly in arrears and no management fee will be appropriately pro-ratedcharged on committed but undrawn capital commitments.

Base Management Fee. (i) The Base Management Fee will be calculated at an annual rate of 2.0% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quarters. Base Management Fees for any partial quarter will be appropriately pro-rated.

Base Management Fee. (i) The Base Management Fee will be calculated at an annual rate of 2.0% of average gross assets, excluding cash and cash equivalents, assets payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quarters. Base Management Fees for any partial quarter will be appropriately pro-rated.

Base Management Fee. (i) The Base Management Fee will shall be calculated at an annual rate of 2.0% of the Corporation’s average gross assets, including assets purchased with borrowed funds but excluding cash and cash equivalents, . The Base Management Fee shall be payable quarterly in arrears, and will shall be calculated based on the average value of the CompanyCorporation’s gross assets at the end of the two (2) most recently completed calendar quarters. The Base Management Fees Fee for any partial quarter will shall be appropriately pro-ratedprorated.

Base Management Fee. (i) The Base Management Fee will be is calculated at an annual rate of 2.01.30% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets at the end as of the two (2) last day of the most recently completed calendar quartersquarter and the last day of the immediate preceding calendar quarter, excluding cash and cash equivalents. The Base Management Fees for any partial quarter Fee is payable quarterly in arrears and no management fee will be appropriately pro-ratedcharged on committed but undrawn capital commitments.

Base Management Fee. (i) The Base Management Fee will shall be calculated at an annual rate of 2.02% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quartersnet assets. The Base Management Fees Fee shall be paid quarterly in arrears thereafter in accordance with the provisions of Section 5.6 below and will be appropriately prorated for any partial quarter will be appropriately pro-ratedquarter.

Base Management Fee. (i) The Base Management Fee will shall be calculated at an annual rate of 2.0% of average gross assets, excluding cash and cash equivalents, payable quarterly in arrears, and will be calculated based on the average value of the Company’s gross total assets (other than cash or cash equivalents but including assets purchased with borrowed amounts and including assets owned by any consolidated entity), at the end of the two (2) most recently completed calendar quarters. The Base Management Fee is payable quarterly in arrears, and the Base Management Fees for any partial quarter will shall be appropriately pro-ratedprorated based on the number of days in such quarter.

Base Management Fee. (i) The Base Management Fee will shall be calculated at an annual rate of 2.0% of average the Company’s gross assets, excluding cash and cash equivalents, assets on the last business day of a calendar quarter. The Base Management Fee shall be payable quarterly in arrears, and . The Base Management Fee will be calculated based on the average value of the Company’s gross assets at the end of the two (2) most recently completed calendar quarters, and appropriately adjusted for any equity or debt capital raises, repurchases or redemptions during the current calendar quarter. Base Management Fees for any partial month or quarter will be appropriately pro-pro rated.