Incentive Fee definition
Incentive Fee shall have the meaning set forth in the Prospectus.
Incentive Fee shall have the meaning as set forth in Section 11.01B.
Incentive Fee shall have the meaning set forth in Section 6.01 B.
Examples of Incentive Fee in a sentence
For purposes of determining the Management Fee and Incentive Fee payable to the Investment Manager, the Fund’s net asset value will be calculated prior to the inclusion of any amounts of the Management Fee and any Incentive Fee payable to the Investment Manager and after any subscriptions but prior to any repurchases occurring in that month.
The Incentive Fee will be measured and paid annually out of the assets of the Fund and will be accrued monthly (subject to pro-rating for partial periods).
The Investment Manager shall be entitled to an Incentive Fee equal to 12.5% of the Fund’s Total Return, subject to a 5.0% annual Hurdle Amount with a 100% Catch-Up and a High Water Mark (each as defined below).
More Definitions of Incentive Fee
Incentive Fee has the meaning set forth in Section 4(a)(ii).
Incentive Fee shall have the meaning specified in Section 3.2.
Incentive Fee has the meaning set forth in Section 7.5 hereof.
Incentive Fee means a fee to be paid to the Manager pursuant to the Declaration of Trust, consisting of an annual fee equal to 10% of the Incentive Fee Revenue for such period;
Incentive Fee means an additional fee paid as an incentive to the FSMC to improve SFA’s food service participation, the amount of which depends on FSMC’s performance during the current school year and related to a benchmark number established by the SFA. Incentive Fees may only apply to meals served in the SFA’s food service operation during the current school year.
Incentive Fee means the incentive management fee calculated and payable with respect to each calendar quarter (or part thereof) that this Agreement is in effect in arrears in an amount, not less than zero, equal to the difference between:
Incentive Fee means an annual incentive fee equal to (a) 20% of the amount by which the Net Asset Value per Unit of a series on the last Valuation Day of such calendar year (before giving effect to any distributions by the Fund since the High Water Mark and adjusted to exclude the accrual of the incentive fee during the calendar year) exceeds 103% of the High Water Mark, multiplied by (b) the average number of Units of that series outstanding during such calendar year, calculated as described herein;