Management Fee Amount definition

Management Fee Amount means, in respect of any Underlying Currency Security on any day,

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Management Fee Amount means an amount (which may be positive or negative) equal to (a) $1,915,211 minus (b) the excess (which may be a positive or a negative number) of (i) the aggregate amount of net management fees paid by the CLO Entities and the Legacy CLO Entities and received by the Acquired Companies after the date of this Agreement and on or prior to the Closing Date (excluding the amount of any management fees paid to Persons other than the Acquired Companies pursuant to any Side Letter) over (ii) 2019 Ordinary Expenses.

Management Fee Amount means for each Calculation Period, an amount equal to (a) the sum of the Net Asset Value of each Loan as of the first day of such Calculation Period and as of the last day of such Calculation Period divided by two multiplied by (b) a rate equal to 0.50% per annum

Examples of Management Fee Amount in a sentence

With respect to each fiscal quarter, the Manager shall receive a base management fee equal to the Quarterly Base Management Fee Amount.
For the avoidance of doubt, if the date of termination occurs other than at the end of a fiscal quarter, compensation to the Manager accruing to the date of termination shall also include: management fees equal to the Quarterly Management Fee Amount for such final fiscal quarter, taking into account only the portion of such final fiscal quarter that this Agreement was in effect, and with appropriate adjustments to all relevant definitions.
The Board of Trustees shall determine, within 30 days after receipt of such list, whether funds should be refunded by the Manager to the Company or paid by the Company to the Manager, or if any accruals for the next fiscal year should be adjusted, provided, however, that if the Manager owes a refund to the Company, such amount may be offset by the Company against the next installment of the Quarterly Management Fee Amount due hereunder.
With respect to each fiscal quarter commencing with the quarter in which this Agreement is executed, the Manager shall receive a management fee equal to the Quarterly Management Fee Amount.
Net present value, for the purpose of this definition, shall be calculated as follows: the Management Fee Amount, discounted by (i.e. divided by) 1.08 to the power of "n", with "n" being the number of years in the discount period.
The Board of Directors shall determine, within 30 days after receipt of such list, whether funds should be refunded by the Manager to the Company or paid by the Company to the Manager, or if any accruals for the next fiscal year should be adjusted, provided, however, that if the Manager owes a refund to the Company, such amount may be offset by the Company against the next installment of the Quarterly Management Fee Amount due hereunder.
With respect to each fiscal quarter commencing with the quarter in which this Agreement is executed, the Adviser shall receive a management fee (the “Base Management Fee”) equal to the Quarterly Base Management Fee Amount.
Net present value, for the purpose of this definition, shall be calculated as follows: the Senior Management Fee Amount, discounted by (i.e. divided by) seven percent (7%), to the power of “n” with “n” being the number of years in the discount period.
Net present value, for the purpose of this definition, shall be calculated as follows: the Senior Management Fee Amount discounted by (i.e. divided by) seven percent (7%) to the power of “n” with “n” being the number of years in the discount period.
Net present value, for the purpose of this definition, shall be calculated as follows: the Management Fee Amount, discounted by (i.e. divided by) 1.08 to the power of "60", with "60" being the number of months in the discount period.

More Definitions of Management Fee Amount

Management Fee Amount. With respect to the RCM Management Agreement, the Base Management Fee paid in cash by RCC to RCM as set forth in Section 8(a) of the RCM Management Agreement.

Management Fee Amount means an amount in respect of each FX Commodity Security, which will accrue on a daily basis and be calculated by the Calculation Agent as follows:

Management Fee Amount. With respect to any Collateralized Debt Offering for which Apidos is collateral manager pursuant to an Apidos Management Agreement, the product of (i) the difference between (A) the Net Outstanding Portfolio Balance, less (B) the product of (X) the product of (1) the projected Net Outstanding Portfolio Balance, times (2) the Asset Default Rate, times (Y) one minus the Asset Recovery Rate, less (C) any prepayments on, and amortization on account of, assets held in the Collateralized Debt Offering based on projections utilized by Apidos, and provided by the investment banking institution used in any Collateralized Debt Offering transaction, in accordance with Apidos’ historical practices, times (ii) the collateral management fee (other than Excluded Management Fees) set forth in the Apidos Management Agreements. Mandatory Prepayment Event – Section 2.9(c). Material Adverse Effect – A material adverse effect with respect to (a) the business, assets, properties, financial condition, stockholders’ equity, contingent liabilities, material agreements or results of operations of Borrower or any Subsidiary, or (b) Borrower’s ability to pay the Obligations in accordance with the terms hereof, or (c) the validity or enforceability of this Agreement or any of the other Loan Documents or the rights and remedies of Agent, Issuing Bank or any Lender hereunder or thereunder. Maturity Date – August 31, 2012 or the Extended Maturity Date, as applicable.