Subordinated Incentive Fee definition

Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Shares are Listed, as calculated in Section 8.07.
Subordinated Incentive Fee. The fee payable to the Advisor under certain circumstances if the Shares are listed on a national securities exchange or over-the-counter market. Termination Date. The date of termination of the Agreement.
Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Shares are listed on a national securities exchange or over-the-counter market.

Examples of Subordinated Incentive Fee in a sentence

  • In the event the Subordinated Incentive Fee is paid to the Advisor following Listing, no other performance fee will be paid to the Advisor.

  • The Subordinated Incentive Fee will be reduced by the amount of any prior payment to the Advisor of a Subordinated Share of Cash Flows.

  • The fee payable to the Advisor upon termination of this Agreement under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid.

  • The Subordinated Incentive Fee will be reduced by the amount of any prior payment to the Advisor of a Subordinated Share of Net Sales Proceeds.

  • In addition, the Subordinated Incentive Fee may or may not be taken, in whole or in part, as to any year in the sole discretion of the Advisor.


More Definitions of Subordinated Incentive Fee

Subordinated Incentive Fee means the fee payable to the Advisor under Section 4.8 hereof.
Subordinated Incentive Fee. The Subordinated Incentive Fee as defined in Section 9(i) hereof. Termination Date. The effective date of any termination of this Agreement. Termination Fee. An amount equal to 15% of the amount, if any, by which (1) the fair value of the Investment Assets on the Termination Date, less the amount of all indebtedness secured by such Investment Assets, exceeds (2) the total of the Adjusted Investor Capital plus an amount equal to the Preferred Return through the Termination Date reduced by the total Distributions paid by the Company from its inception through the Termination Date (other than Distributions made from Cash from Sales and Financings that are counted in determining Adjusted Investor Capital). For purposes of calculating this Fee (i) the fair value of any Property shall be its Appraised Value, and (ii) any payments in respect of redeemed Shares (other than in respect of Redemptions intended to qualify as a liquidity event for purposes of this Agreement). Shares received by the Advisor or its Affiliates for any consideration other than cash and the Distributions in respect of such Shares shall be excluded.
Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Common Shares are Listed.
Subordinated Incentive Fee. The Subordinated Incentive Fee as defined in Section 9(g) hereof. Termination Date. The effective date of any termination of this Agreement. Termination Fee. An amount equal to 15% of the amount, if any, by which (1) the Appraised Value of the Properties on the Termination Date, less the amount of all indebtedness secured by such Properties, exceeds (2) the total of the Initial Investor Capital plus an amount equal to the Preferred Return through the Termination Date reduced by the total Dividends paid by the Company from its inception through the Termination Date.
Subordinated Incentive Fee. The fee payable to the Advisor under certain circumstances if the Shares are listed on a national securities exchange. Termination Date. The date of termination of this Agreement. Total Proceeds. The Gross Proceeds plus Loan proceeds from Permanent Financings and the Line of Credit that are used to make or acquire Properties, Loans and other Permitted Investments. Total Property Cost. With regard to any Company Property, an amount equal to the sum of the Real Estate Asset Value of such Property plus the Acquisition Fees paid in connection with such Property. 2%/25% Guidelines. The requirement pursuant to the guidelines of the North American Securities Administrators Association, Inc. that, in any 12 month period, total Operating Expenses may not exceed the greater of 2% of the Company's Average Invested Assets during such 12 month period or 25% of the Company's Net Income over the same 12 month period.
Subordinated Incentive Fee. The Subordinated Incentive Fee as defined in Section 9(i) hereof. “Termination Date.” The effective date of any termination of this Agreement.
Subordinated Incentive Fee means the fee which may be payable to the Investment General Partner or its Affiliates under the provisions of Section 9.7.