Common use of Waiver or Deferral of Fees Clause in Contracts

Waiver or Deferral of Fees. The Advisor may elect to defer or waive all or a portion of the Base Management Fee and/or the Incentive Fee that would otherwise be paid to it. Prior to the payment of any fee to the Advisor, the Company shall obtain written instructions from the Advisor with respect to any deferral or waiver of any portion of such fees. Any portion of a deferred fee payable to the Advisor and not paid over to the Advisor with respect to any month, calendar quarter or year shall be deferred without interest and may be paid over in any such other month prior to the occurrence of the termination of this Agreement or a liquidity event, as the Advisor may determine upon written notice to the Company.

Waiver or Deferral of Fees. The Advisor Adviser may elect to defer or waive all or a portion of the Base Management Fee and/or the Incentive Fee that would otherwise be paid to it. Prior to the payment of any fee to the AdvisorAdviser, the Company shall obtain written instructions from the Advisor Adviser with respect to any deferral or waiver of any portion of such fees. Any portion of a deferred fee payable to the Advisor Adviser and not paid over to the Advisor Adviser with respect to any month, calendar quarter or year shall be deferred without interest and may be paid over in any such other month prior to the occurrence of the termination of this Agreement or a liquidity event, as the Advisor Adviser may determine upon written notice to the Company.

Waiver or Deferral of Fees. The Advisor Adviser may elect to defer or waive all or a portion of the Base Management Fee and/or the Incentive Fee that would otherwise be paid to it. Prior to the payment of any fee to the AdvisorAdviser, the Company Fund shall obtain written instructions from the Advisor Adviser with respect to any deferral or waiver of any portion of such fees. Any portion of a deferred fee payable to the Advisor Adviser and not paid over to the Advisor Adviser with respect to any month, calendar quarter or year shall be deferred without interest and may be paid over in any such other month prior to the occurrence of the termination of this Agreement or a liquidity event, as the Advisor Adviser may determine upon written notice to the CompanyFund.

Waiver or Deferral of Fees. The Advisor Adviser may elect to defer or waive all or a portion of the Base Management Fee and/or the Incentive Fee that would otherwise be paid to it. Prior to implementing any waiver or deferral applicable to the payment of any fee to the AdvisorAdviser, the Company shall obtain written instructions from the Advisor Adviser with respect to any deferral or waiver of any portion of such fees. Any portion of a deferred fee payable to the Advisor Adviser and not paid over to the Advisor Adviser with respect to any month, calendar quarter or year shall be deferred without interest and may be paid over in any such other month prior to the occurrence of the termination of this Agreement or a liquidity event, as the Advisor Adviser may determine upon written notice to the Company.