Incentive Fee Revenue definition

Incentive Fee Revenue. , in respect of a period, means the net income and capital gains for a Series of the Trust for that period prior to the deduction of the Incentive Fee payable for that period and after the deduction of the Management Fee payable in respect of that Series;
Sample 1Sample 2Sample 3
Incentive Fee Revenue. , in respect of a period, means the net income and capital gains for all Series of Units for that period prior to the deduction of the Incentive Fee payable for that period and only calculated after the Hurdle Rate has been reached; calculated after the deduction of the Management Fee.
Sample 1

Examples of Incentive Fee Revenue in a sentence

  • To the Manager, an amount equal to 10% of the Incentive Fee Revenue for the Fiscal Year and paid at the same time as the Final Year End Distribution is paid to the Unitholders (the " Incentive Fee").

  • Funds in the red zone may be forced to take drastic, unplanned actions during soft-performing years.High Fixed ExpensesRevenue / Expense Level ($)Yellow ZoneMedium Fixed ExpensesLow Fixed ExpensesAssets Under Management ($)Anticipated Incentive Fee Revenue (20% of Performance)Management Fee Revenue (1.5% of AUM)As a starting point, the diagram below highlights the basic revenue and expense scenarios that describe three types of hedge fund operating models: red zone, yellow zone and green zone.

  • To the Manager, an amount equal to 10% of the Incentive Fee Revenue for the Fiscal Year and paid at the same time as the Final Year-End Distribution is paid to the Unitholders (the " Incentive Fee").

Related to Incentive Fee Revenue

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

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • New M&O Revenue means the total State and local Maintenance and Operations Revenue that District actually received for such school year.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person and its Restricted Subsidiaries for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Gross Revenue means:

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.