Compensation of the Investment Manager. (a) For all services to be rendered and payments made as provided in Sections 2 and 3 hereof, the Fund shall pay to the Investment Manager each month a management fee (the “Management Fee”) at an annual rate equal to the percentage of the average daily net assets of the Fund set forth on Annex A. The “average daily net assets” of the Fund shall be determined on the basis set forth in the Fund’s prospectus(es) or otherwise consistent with the Investment Company Act and the regulations promulgated thereunder. The Fund shall make any payments due hereunder to the Investment Manager (or to the Investment Manager’s designee as the Investment Manager may otherwise direct).
Appears in 3 contracts
Samples: Form of Investment Management Agreement (Goldman Sachs Real Estate Diversified Income Fund), Investment Management Agreement (Goldman Sachs Real Estate Diversified Income Fund), Investment Management Agreement (Goldman Sachs Credit Income Fund)
