Management Fees definition
Examples of Management Fees in a sentence
All REO Management Fees shall be a Trust Fund Expense payable from the Foreclosed Property Account or subject to reimbursement pursuant to Section 3.4(c)(vii).
If the actual or anticipated departure from the Approved Program and Budget (a) results in less than a 10% increase, in the aggregate, of the expenses as compared to the then-current Approved Program and Budget and (b) is not an increase of the Management Fees paid pursuant to the Management Services Agreement, the Manager can proceed with Board Approval and such budget overruns shall be charged to the Company.
The Parties acknowledge and agree that the total amount of entrusted investment (the “Total Entrusted Amount”) shall be the amount actually contributed by AIXC as investment principal for the acquisition of FFAI Shares and other investment purposes expressly approved in writing by AIXC, excluding any Management Fees payable to GKA under this Agreement.
The foregoing provisions shall apply regardless of when the Management Fees or Incentive Fees, as applicable, are actually paid and, to the extent such allocations are not taken into account in determining Net Working Capital, any Party receiving a payment to which it is not entitled under this Section 2.07 shall promptly pay over such amounts to the Party or other Person to whom such payment belongs.
If the actual or anticipated departure from the Approved Program and Budget involves an increase (i) in the Management Fees paid pursuant to the Management Services Agreement or (ii) of more than 10%, in the aggregate, of the expenses as compared to the then-current Approved Program and Budget, the Manager can proceed with Specified Approval (as and to the extent set forth in such Specified Approval) and such budget overruns shall be charged to the Company.