Incentive Fee. The incentive fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on a percentage of the Fund’s income and a portion is based on a percentage of the Fund’s capital gains, each as described below.
Appears in 27 contracts
Samples: Investment Advisory Agreement (Fidelity Private Credit Fund), Investment Advisory Agreement (T. Rowe Price OHA Select Private Credit Fund), Investment Advisory Agreement (Antares Strategic Credit Fund)
Incentive Fee. The incentive fee Incentive Fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee Incentive Fee is based on a percentage of the Fund’s income and a portion is based on a percentage of the Fund’s capital gains, each as described below.
Appears in 10 contracts
Samples: Management Agreement (Middle Market Apollo Institutional Private Lending), Investment Advisory Management Agreement (Apollo Debt Solutions BDC), Investment Management Agreement (AG Twin Brook Capital Income Fund)
Incentive Fee. The incentive fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on a percentage of the Fund’s income and a portion is based on a percentage of the Fund’s realized capital gains, each as described below.
Appears in 4 contracts
Samples: Management Agreement (PGIM Private Credit Fund), Management Agreement (PGIM Private Credit Fund), Management Agreement (PGIM Private Credit Fund)
Incentive Fee. The incentive fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on a percentage of the Fund’s income and a portion is based on a percentage of the Fund’s capital gains, each as described below.. Incentive Fee on Pre-Incentive Fee Net Investment Income. The portion based on the Fund’s income is based on Pre-Incentive Fee Net Investment Income Returns. “Pre-Incentive Fee Net
Appears in 1 contract
Samples: Investment Advisory Agreement (Golub Capital Private Credit Fund)
Incentive Fee. The incentive fee will consist of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on a percentage of the Fund’s income and a portion is based on a percentage of the Fund’s capital gains, each as described below..
Appears in 1 contract
Samples: Investment Advisory and Management Agreement (Ares Strategic Income Fund)
