Equity Based Fee definition

Equity Based Fee means an amount equal to (i) 1.5% of the Issuance Price of the issued and outstanding Equity Securities of the Trust plus (ii) .25% of any equity contribution by a third party to a joint venture managed by the Trust, in each case pro rated to the extent that an equity security was not issued for the entire quarterly period.
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Examples of Equity Based Fee in a sentence

  • The Advisor shall be entitled to receive an asset management fee, which shall be payable quarterly basis, equal to the lesser of the Asset Based Fee and the Equity Based Fee.

Related to Equity Based Fee

  • Performance-Based Restricted Stock means Shares issued or transferred to an Eligible Individual under Section 9.2.

  • Qualified Performance-Based Award means an Award intended to qualify for the Section 162(m) Exemption, as provided in Section 11.

  • Other Equity-Based Award means an Award that is not an Option, Stock Appreciation Right, Restricted Stock, Restricted Stock Unit, or Performance Share Award that is granted under Section 10 and is payable by delivery of Common Stock and/or which is measured by reference to the value of Common Stock.

  • Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.

  • Performance-Based Cash Award means a right granted to a Participant under Article 9 to a cash award to be paid upon achievement of such performance goals as the Committee establishes with regard to such Award.