Performance Fee Determination Date definition
Examples of Performance Fee Determination Date in a sentence
On each Performance Fee Determination Date with respect to any Investor, the Performance Fee will be determined with respect to any Investment Securities distributed on such date and any Investment Securities proceeds with respect to which are distributed or deemed distributed on such date.
The Performance Fee shall be payable by an Investor on the date of (a) any actual or deemed Distribution (other than a Distribution made in connection with a Subsequent Closing) to such Investor of cash proceeds from the sale of Investment Securities by any International Fund Entity and (b) any Distribution of Investment Securities to such Investor by any International Fund Entity (any such date, a "Performance Fee Determination Date").
The Performance Fee shall be payable by an Investor on the date of (a) any actual or deemed Distribution (other than a Distribution made in connection with a Subsequent Closing) to such Investor of cash proceeds from the sale of Investment Securities by any U.S. Fund Entity and (b) any Distribution of Investment Securities to such Investor by any U.S. Fund Entity (any such date, a "Performance Fee Determination Date").