Interim Management Fee Sample Clauses
Interim Management Fee. In consideration for certain services to be rendered by Jefferies and/or Jefco to the Manager from the date hereof until the Closing Date, the Manager shall pay Jefferies a management fee equal to the per annum amount set forth on Schedule 2.1 hereto, payable quarterly in arrears at the end of each calendar quarter between the date hereof and Closing, and on the Closing Date. For periods of less than a full calendar quarter, such quarterly fee shall be pro rated based on the number of days in such period.
Interim Management Fee. Owner shall provide an advance payment of U.S. Dollars Two Hundred Thousand ($200,000) on the date of the closing of the Owner’s initial public offering of common shares in consideration of interim management services performed hereunder.