Performance Fee definition

Performance Fee means a performance fee in such amount as shall be agreed between the ICAV and/or the Manager and the Investment Manager which shall be disclosed in the Prospectus.

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Performance Fee means the fee, if any, defined in the relevant Supplement.

Performance Fee shall have the meaning set forth in Section 10(b).

Examples of Performance Fee in a sentence

Where a Variable Performance Fee linked to a Dividend Crystallization Event is capped as a result of the Dividend Performance Fee Cap, then there will be no additional Performance Fee paid on account of any subsequent Dividend Crystallization Events until the end of the relevant Fiscal Year.
The Investment Manager will provide evidence to the reasonable satisfaction of the Board prior to the declaration of any Dividend that the payment of any Variable Performance Fee resulting from the relevant Crystallization Event will not exceed the Dividend Performance Fee Cap.
The provisions of Section 1 and 2, Sections 8 and 9 (only to the extent that the Management Fee and/or Performance Fee are earned by the Investment Manager upon or prior to termination of this Agreement), Section 11 to 19 and Sections 21 to 32 shall survive the termination of this Agreement.
By way of example, Pershing Square International Ltd., which pays PSCM a 20% Performance Fee, of which 20% of the Performance Fee is an Offsettable Performance Fee pursuant to the FOA, the Non-PSH Fund TopCo Preference would represent 0.8% of Pershing Square International Ltd.’s Performance Benchmark Amount (the product of 80% * 20% * 5%).

More Definitions of Performance Fee

Performance Fee means the fee payable to the Advisor under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid.

Performance Fee means the fee defined in the relevant Supplement.

Performance Fee means the fee payable to the Advisor under Section 4.9 hereof.

Performance Fee has the meaning set forth in Section 8.02(ii).

Performance Fee has the meaning set forth in Section 3.2.

Performance Fee. As defined in Section 7.2.

Performance Fee means the fee expressed in a percentage imposed by the Portfolio Manager for each Fund.