Advisory Fee Expense definition

Advisory Fee Expense for each Fee Shareholder means, for a Fiscal Period, an amount deducted from such Fee Shareholder’s Book Capital Account in accordance with Section 2.04 or called by the AIFM from Shareholders pursuant to Article 5 to pay the Advisory Fee.
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Examples of Advisory Fee Expense in a sentence

  • Any such reduction in Advisory Fees shall reduce the Advisory Fee Expense to be borne by the Fee Shareholders in accordance with Section 2.04.

  • In consideration for the management services rendered pursuant to the AIFM Agreement, the ICAV, directly or indirectly through a subsidiary of the ICAV, shall pay to the AIFM an advisory fee (the “Advisory Fee”) pursuant to and in accordance with the terms and conditions of the AIFM Agreement and as set out in the Prospectus, and the Book Capital Account of each Fee Shareholder shall be reduced by an amount equal to such Fee Shareholder’s Advisory Fee Expense, as calculated pursuant to the AIFM Agreement.

  • For purposes of calculating each Fee Shareholder’s Advisory Fee Expense for a given Fiscal Period, such Fiscal Period shall be assumed to be a calendar quarter, with appropriate adjustments to be made for any Fiscal Period which the AIFM determines is in fact shorter than a calendar quarter.

  • For purposes of calculating each Fee Shareholder’s Advisory Fee Expense for a given Fiscal Period, such Fiscal Period shall be assumed to be a calendar quarter, with appropriate adjustments to be made for any Fiscal Period which is in fact shorter than a calendar quarter.

  • Depending on the answers to these items, the next available treatment allocation is issued.

  • For purposes of calculating each FeeShareholder’s Advisory Fee Expense for a given Fiscal Period, such Fiscal Period shall be assumed to be a calendar quarter, with appropriate adjustments to be made for any Fiscal Period which is in fact shorter than a calendar quarter.

Related to Advisory Fee Expense

  • Advisory Fee shall have the meaning given to it in Section 2.2(f) hereof.

  • Advisory Fees means financial advisory fees, closing fees, transaction fees, monitoring fees, oversight fees and similar fees, expenses and indemnities payable by the Loan Parties pursuant to the Advisory Agreement, but in the case of any such fees not to exceed the amounts payable in respect thereof under the Advisory Agreement as in effect on the Closing Date.

  • Management Fee has the meaning given in Section 4.1.

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • Public expense means that the LEA either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to you, consistent with the provisions of Part B of the IDEA, which allow each State to use whatever State, local, Federal and private sources of support are available in the State to meet the requirements of Part B of the Act.

  • 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;

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • REIT Expenses means (i) costs and expenses relating to the formation and continuity of existence and operation of the General Partner and any Subsidiaries thereof (which Subsidiaries shall, for purposes hereof, be included within the definition of General Partner), including taxes, fees and assessments associated therewith, any and all costs, expenses or fees payable to any director, officer, or employee of the General Partner, (ii) costs and expenses relating to any public offering and registration of securities by the General Partner and all statements, reports, fees and expenses incidental thereto, including, without limitation, underwriting discounts and selling commissions applicable to any such offering of securities, and any costs and expenses associated with any claims made by any holders of such securities or any underwriters or placement agents thereof, (iii) costs and expenses associated with any repurchase of any securities by the General Partner, (iv) costs and expenses associated with the preparation and filing of any periodic or other reports and communications by the General Partner under federal, state or local laws or regulations, including filings with the Commission, (v) costs and expenses associated with compliance by the General Partner with laws, rules and regulations promulgated by any regulatory body, including the Commission and any securities exchange, (vi) costs and expenses associated with any 401(k) plan, incentive plan, bonus plan or other plan providing for compensation for the employees of the General Partner, (vii) costs and expenses incurred by the General Partner relating to any issuing or redemption of Partnership Interests, and (viii) all other operating or administrative costs of the General Partner incurred in the ordinary course of its business on behalf of or in connection with the Partnership.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of (a) all interest expenses of such Person during such period (including interest attributable to Capital Leases) plus (b) all fees in respect of outstanding letters of credit paid, accrued or scheduled for payment by such Person during such period.

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Annualized Interest Expense means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share of interest expense, with other adjustments as are necessary to exclude the effect of items classified as extraordinary items, in accordance with generally accepted accounting principles, reduced by amortization of debt issuance costs and adjusted to reflect the assumption that (i) any interest expense related to indebtedness incurred since the first day of such four-quarter period is computed as if such indebtedness had been incurred as of the beginning of such period, and (ii) any interest expense related to indebtedness that was repaid or retired since the first day of such four-quarter period is computed as if such indebtedness had been repaid or retired as of the beginning of such period (except that, in making such computation, the amount of interest expense related to indebtedness under any revolving credit facility shall be computed based upon the average daily balance of such indebtedness during such four-quarter period).

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

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring by U.S. Borrower and/or one or more of its Subsidiaries, including in connection with integration of acquired businesses or persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation or consolidation of facilities, including severance, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Structuring Fee has the meaning set forth in the Fee Letter.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Trust Expenses means any liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Trust.

  • Covered Expense means expense incurred only for the following:

  • Expense Fees As to each Mortgage Loan, the sum of the Servicing Fee and the Trustee Fee.