Aggregate Incentive Fee definition

Aggregate Incentive Fee means an amount that is equal to thirty-five percent (35%) of Aggregate Net Operating Income remaining after payment of the Aggregate TRS Priority Return.
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Examples of Aggregate Incentive Fee in a sentence

  • The Aggregate Incentive Fee and Aggregate TRS Residual Payment shall be paid on the last Business Day of the calendar month following the month to which such Aggregate Incentive Fee and Aggregate TRS Residual Payment relate, in arrears, and shall be based upon the Aggregate Monthly Statements.

  • In addition to the management fee, the Fund will pay for each series of the Fund an annual incentive fee to the Manager as follows: TH ▇▇▇, ▇▇▇▇▇▇ Emerging Opportunities Portfolio: 20% of the Aggregate Incentive Fee Base (as defined below), calculated from the commencement of operations of such series, less the cumulative amount of incentive fees paid to the Manager in previous years.

  • The "Aggregate Incentive Fee Base" is the sum of the Incentive Fee Bases for all the Private Equity holdings of such series.

  • The Aggregate Incentive Fee and Aggregate Owner Residual Payment shall be paid on the last Business Day of the calendar month following the month to which such Aggregate Incentive Fee and Aggregate Owner Residual Payment relate, in arrears, and shall be based upon the Aggregate Monthly Statements.

  • In addition to the management fee, the Fund will pay for each series of the Fund an annual incentive fee to the Manager as follows: TH Lee, Putnam Emerging Oppor▇▇▇it▇▇▇ ▇▇rtfolio: 20% of the Aggregate Incentive Fee Base (as defined below), calculated from the commencement of operations of such series, less the cumulative amount of incentive fees paid to the Manager in previous years.