Performance Fees. The Company may charge performance fees to the investor based on the Net Asset Value per share. The details regarding the performance fees shall be disclosed to investors and prospective investors.
Performance Fees. The Company does not currently charge performance fees. The Company may, in future, charge performance fees to the Investor based on the Net Asset Value per Share, and the details regarding the performance fees shall be communicated and agreed with the Investor.
Performance Fees. In consideration of its services hereunder, the Manager is entitled to receive a performance fee, calculated and accrued on each valuation date and as applicable, each additional pricing date, as defined in the applicable disclosure documents, for each series of Units to which a performance fee is applicable and paid monthly. The performance fee is equal to (a) 10% of the amount by which the net asset value per Unit of the series on the last valuation date or additional pricing date (including the effect of any declared distribution on said valuation date or additional pricing date and adjusted to exclude the accrual of the performance fee) exceeds the high water mark (as defined in the applicable disclosure document), multiplied by (b) the number of Units of that series outstanding on such valuation date or additional pricing date, prior to giving effect to subscriptions, redemptions and distributions re-invested on such dates. For greater certainty, Series O of each Trust does not pay the Manager a performance fee. Performance fees for Series O are paid by investors directly. The performance fees shall be calculated for the following trust and applicable series. Trust Series Portland Focused Plus Fund Series A, Series F and Series P Portland North American Alternative Fund Series A and Series F Portland Life Sciences Alternative Fund Series A and Series F All performance fees payable to the Manager are subject to GST and/or HST, as applicable, and any other similar applicable taxes, and will be deducted as an expense of the applicable series of Units in the calculation of net asset value of such a series of Units. This Schedule “B” may be replaced by the parties hereto in respect of adding, deleting or changing the name(s) of the Funds participating under the Agreement (including all aspects of the applicable management fees (that are paid in cash, units, shares or any other form of compensation) for such Funds) without the need for a signed amendment of the Agreement.
Performance Fees. Client shall pay to Catalent the milestone or other performance-based fees described in the Development Program. Such fees shall be paid within [* * *] days following invoice, which invoice shall be submitted to Client by Catalent upon the occurrence of each such milestone event, and shall be non-refundable and non-creditable.
Performance Fees. (a) With respect to each fiscal quarter that this Agreement is in effect, commencing with the quarter in which this Agreement is executed, the Reinsurance Manager shall receive the Performance Fee (as defined below). Within 45 calendar days following the last day of each fiscal quarter, the Reinsurance Manager shall make available the quarterly calculation of the Management Fee to Parent with respect to such quarter, and Parent shall pay the Reinsurance Manager the Performance Fee for such quarter in cash within 15 Business Days thereafter.
Performance Fees. The Company will also pay a Performance Fee (the “Performance Fee”) equal to its pro rata share, according to the amount of Income relative to the amount of Aggregate Income, of the sum of (a) 10% of the Aggregate Income, until such time as the annual return for such Fiscal Year-end over the Aggregate Outperformance Threshold is equal (after taking into account the payment of such current period Performance Fee) to a 10% annual return (such annual return measured as the Aggregate Income over the Aggregate Outperformance Threshold) (the “Base Performance Fee”) plus (b) 25% of the Excess Income, if any, calculated and payable as of each Fiscal Year-end and the date on which this Agreement is terminated and not renewed; provided, however, that the Performance Fee for any Fiscal Year shall not exceed the Company’s pro rata share, according to the amount of Income relative to the amount of Aggregate Income, of 17.5% of the Aggregate Income for such Fiscal Year. The Performance Fee will be paid in accordance with Section 4 of this Fee Schedule. If, after consultation with the Board of Directors, the Investment Manager determines to separately account for any illiquid investments in a so called “side pocket” (e.g. mezzanine and originated loans), the Performance Fee on such investments will be calculated and paid on the realized gain (as part of the calculation of Aggregate Income), if any, on such investments upon disposition.
Performance Fees. Contributing Members will be entitled to receive a Performance Fee from the Fund. The total Performance Fees for a Phase is distributed in a prorated manner accounting for the contributions made by each Contributing Member and the degree of positive return said contributions have brought to the Portfolio. The ascertainment of the contributions made and the relevant fees to be distributed to contributors is conducted by the Custodian using past record of the portfolio updates For each Calculation Period, the Performance Fee will be equal to 30% of the appreciation in the Net Asset Value during the Phase (adjusted for any deposits and withdrawals). The Performance Fee will be calculated as at each Valuation Day before deduction for any accrued Fees. The Relevant Percentage is 30 per cent. If Tokens are redeemed in the middle of a Phase, the Performance Fee in respect to such Tokens will be calculated as though the relevant redemption day was the last day of said Phase.
Performance Fees. 6.1 For the better securing of the performance by the Buyer of the terms and conditions of this Agreement and as additional consideration for the sale of the Sale Land by the City, the Buyer shall provide to the City, concurrently with the delivery to the City of this Agreement executed by the Buyer:
Performance Fees. The Company will also pay a Performance Fee (the “Performance Fee”) equal to the sum of (a) 10% of the Income, until such time as the annual return for such Fiscal Year-end over the Outperformance Threshold is equal (after taking into account the payment of such current period Performance Fee) to a 10% annual return (such annual return measured as the Income over the Outperformance Threshold) (the “Base Performance Fee”) plus (b) 25% of the Excess Income, in each case, if any, on the HPS Investment Account, calculated and payable as of each Fiscal Year-end and the date on which this Agreement is terminated and not renewed; provided, however, that the Performance Fee for any Fiscal Year shall not exceed 17.5% of the Income for such Fiscal Year. The Performance Fee will be paid in accordance with Section 4 of this Fee Schedule. If, after consultation with the Board of Directors, the Investment Manager determines to separately account for any illiquid investments in a so called “side pocket” (e.g. mezzanine and originated loans), the Performance Fee on such investments will be calculated and paid on the realized gain, if any, on such investments upon disposition.
Performance Fees. = For a bespoke mandate with a specific objective we give you the option to reduce our Investment Management Fee and apply a performance fee. The performance fee will only fall due if we beat a benchmark that has been agreed with you and considers any fees you have already paid us. We do not apply a performance fee on our risk rated model portfolios. d Our Ongoing Investment Advice Fee and Discretionary Investment Manager Fee is calculated as a percentage of your assets and so the figure you pay monthly will fluctuate as the value of your assets change.
