Management Fees definition
Examples of Management Fees in a sentence
The Manager will not receive any Quarterly Management Fees for periods prior to the Effective Date.
The Company Termination Notice shall include reasonable supporting detail for the Independent Directors’ determination that the Quarterly Management Fees payable to the Manager are not fair.
If, at any time, there is a Non-PSH Fund with a fee offset arrangement similar to the FOA, then the parties shall amend or supplement this Agreement as necessary so that such Non-PSH Fund’s fee offset arrangement is reflected in this Agreement in a manner that gives effect to the economic allocation intended by the provisions hereof relating to the FOA (and the Offsettable Management Fees and Offsettable Performance Fees relating to the FOA).
If applicable, the initial and final Quarterly Management Fees shall be pro-rated based on the number of days during the initial and final fiscal quarter, respectively, that this Agreement is in effect.
If requested by VariableCo, TopCo shall use commercially reasonable efforts to bifurcate the payment of Performance Fees and Management Fees in the Fund Documents of the Funds so as to replicate as closely as possible the effect of this Agreement, such that VariableCo shall be entitled to receive directly from the Funds an amount equal to the Variable Compensation to achieve the equivalent of the economic arrangement contemplated herein.