Manager's Compensation definition

Manager's Compensation with respect to a Transaction and subject to Section 2.5, the compensation of the Manager for performing his obligations in respect of such Transaction under the Agreement, as specified in the Confirmation with respect to such Transaction.
View Source
Manager's Compensation is defined in Section 5.1 hereof.
View Source
Manager's Compensation means and include all of Manager’s compensation described in this subsection (2) and subsection (1) above.
View Source

Examples of Manager's Compensation in a sentence

  • Within ten (10) Days after the last Day of each month after the Effective Date during the Term, Construction Manager shall send each Facility Owner an invoice setting forth in reasonable detail the amount of Construction Manager's Compensation for such preceding month with respect to such Facility Owner's Facility, accompanied by such supporting documentation and additional data as such Facility Owner may reasonably request.

  • In no event will Construction Manager receive any fee or additional compensation (other than Construction Manager's Compensation) for the Services.

  • Until disbursed by the Manager in payment of the LLC's Business Costs or the Manager's Compensation from such accounts, the Collected LLC Cash (other than such portion attributable to the Non-Medicare Receivables) shall be and remain the property of the LLC.

  • In the event that Manager and Owner are unable to agree upon the amount of Manager's compensation for any fiscal year (i.e., if Manager and Owner are unable to agree upon the Annual Budget for the subject fiscal year), then the principles used in determining Manager's Compensation for the fiscal year in question shall be the same as were used to determine the amount of Manager's Compensation for the immediately preceding fiscal year.

  • Notwithstanding the foregoing, Manager shall have no right or obligation to render Special Services unless the costs and expenses associated with the same (including, without limitation, Manager's Compensation) are contemplated under the then-current and approved Annual Operating Budget or applicable Regional Center Budget, or are otherwise approved by Owner.

  • The Manager shall utilize the cash deposited in the LLC Accounts for the purposes of paying the LLC Business Costs and the Manager's Compensation according to the terms and conditions set forth in Section 3.m. Subject to the requirements of applicable law, the Manager may transfer funds from the LLC Medicare Account to the LLC Cash Account in its discretion.

  • Unless otherwise agreed by a Facility Owner, Construction Manager shall provide such Facility Owner with a partial release or waiver of lien in conjunction with each payment of Construction Manager's Compensation.

  • Each Facility Owner and its audit representatives shall have the right at any reasonable time or times to examine, audit, and reproduce the records, vouchers, and other source documents which serve as the basis for Construction Manager's Compensation with respect to such Facility Owner's Facility.

  • The Manager's Compensation shall be calculated and paid on or before the tenth day of the month following the month for which payment is being made.

  • To the extent the foregoing expenses are of an ongoing nature, such as payroll, taxes, stock quotation services and the like, the Company shall pay all of the foregoing costs and expenses and such amounts shall be deducted from Monthly Gross Revenue in the calculation of the Manager's Compensation, all as set forth and defined in Paragraph 8 below.


More Definitions of Manager's Compensation

Manager's Compensation is defined in Section 8.1(1) hereof.
View Source

Related to Manager's Compensation

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Termination Compensation means a monthly cash amount equal to one-twelfth (1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;