Management Fee Base definition

Management Fee Base means, for a specified period, the sum of the Cost of Real Estate Investments and the Cost of Loans and other Permitted Investments computed by taking the average of such sums at the end of each month during such specified period.

Management Fee Base means: (a) during the Initial Investment Period, the sum of the Partnership’s Unreduced Regulatory Capital plus Assumed SBA Leverage; and (b) after the Initial Investment Period, the aggregate cost of loans and investments as of the first day of the fiscal quarter in which Management Compensation is paid or begins to accrue (whichever occurs earlier) for all of the Partnership’s “Active Portfolio Companies”. The term “Active Portfolio Companies” shall mean any ongoing concerns in which the Partnership has invested and as to which the Partnership has not written off its investment, subject to SBA review.

Management Fee Base means the sum of Unreduced Regulatory Capital and Assumed SBA Leverage.

Examples of Management Fee Base in a sentence

• Base Fee = 2.90%Excerpt: Section II – Operator FeesBase Management Fee Base Fee and Incentive Fees together make up the Management Fees charged by the operator in exchange for performing the duties specified in the contract.

• TheManagement Fee will be based upon a percentage of the aggregate capitalcontributions committed to both the BF IV Group Trust and the BF IV LP (the Management Fee Base).

• The Management Fee Rate varies between 2% and 2.5%, depending on the Management Fee Base as shown in the following table: Table 2 – Management Fee RateManagement Fee BaseManagement Fee RateLess than or equal to $60 million2.5%Greater than $60 million and less than$120 million(2.5% - (0.5% x ((Management Fee Base - $60million)/$60million)))Greater than or equal to $120 million2% If the SBIC is a drop-down fund, SBA will not approve a Management Fee Rate that exceeds that of its parent.

• Fundamental results from number theory and algebraic geometry, mainly on the “random-like” behavior of rational solutions to polynomial equations (by André Weil, Pierre Deligne, Enrico Bombieri, and Bourgain) were recently used in a variety of extractor constructions, purifying randomness in different settings.Million-dollar questions on pseudorandomness: Two of the most celebrated open problems in mathematics and computer science, the Riemann Hypothesis and the P vs.

• If the Management Fee Base is greater than or equal to $120 million, 2%.

More Definitions of Management Fee Base

Management Fee Base. As defined in Section 7.2(b).

Management Fee Base means: During the Management Fee Initial Period, the sum of (A) Management Fee Unreduced Regulatory Capital and (B) Assumed Leverage; and After the Management Fee Initial Period, for any fiscal quarter in which Management Compensation is paid or begins to accrue (whichever occurs earlier), the cost basis of the Partnership’s Portfolio Securities in Active Portfolio Companies as of the first day of such quarter.

Management Fee Base means the Net Asset Value of the Partnership as of the first calendar day of each Fiscal Quarter. HIGHLY CONFIDENTIAL & TRADE SECRET

Management Fee Base means (i) during the Initial Fee Period, the sum of Unreduced Regulatory Capital and Assumed SBA Leverage; and(ii) thereafter, the cost of loans and investments for all Portfolio Companies of the Fund, as of the time of determination, that the Fund has not written off and which remains an ongoing concern.

Management Fee Base means the sum of Unreduced Regulatory Capital and Assumed SBA Leverage. “Management Fee Rate” means: (i) 2.5%, if the Management Fee Base is equal to or less than $60 million, or (ii) if the Management Fee Base is greater than $60 million but less than $120 million, such percentage that is equal to the difference between (A) 2.5%, and (B) 0.5% multiplied by (the difference between the Management Fee Base and $60 million, divided by $60 million), or (iii) 2.0%, if the Management Fee Base is greater or equal to $120 million. “Media Company” means an entity that, directly or indirectly, owns controls or operates or has an attributable interest in (a) a U.S. broadcast radio or television station or a U.S. cable televisions system, (b) a “daily newspaper,” (as such term is defined in Section 73.3555 of the rules and regulations of the Federal Communication Commission (“FCC”)), (c) any U.S. communications facility operated pursuant to a license granted by the FCC and subject to the provisions of Section 310(b) of the Communications Act of 1934, as amended, or (d) any other business that is subject to FCC regulations under which the ownership of the Partnership in such

Management Fee Base means the Partnership’s total assets (other than cash or cash equivalents but including assets purchased with borrowed amounts), calculated based on the average of the Partnership’s total assets (other than cash or cash equivalents but including assets purchased with borrowed amounts) at the end of the two most recently completed calendar quarters; provided, however, that the Management Fee Base shall be adjusted for any share issuances or repurchases during the calendar quarter.

Management Fee Base means (i) during the Initial Fee Period, the sum of Unreduced Regulatory Capital and Assumed SBA Leverage; and (ii) thereafter, the cost of loans and investments for all Portfolio Companies of the Fund, as of the time of determination, that the Fund has not written off and which remains an ongoing concern.