Incentive Fee Threshold definition

Incentive Fee Threshold means and will be satisfied in respect of an Incentive Fee Period and related Incentive Fee Determination Date if:
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Incentive Fee Threshold means, in respect of any Payment Date, the threshold which is attained when the amount to be paid in cash to the Subordinated Noteholders on such Payment Date pursuant to Condition 3(c)(i)(Application of Interest Proceeds) is equal to the amount of interest which would have accrued on a principal amount equal to the Outstanding Principal Amount of the Subordinated Notes from time to time from (but excluding) the previous Payment Date to such Payment Date if such interest had accrued at 12 per cent. per annum on the basis of a year of 360 days and the number of days elapsed.
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Incentive Fee Threshold means the threshold which will have been reached on the relevant Payment Date if the Original Euro Issuer Shares have received an internal rate of return (computed using the “XIRR” function in Microsoft Excel 97 or an equivalent function in another software package) of at least 12 per cent. (calculated on an annualised basis and on the basis of the actual number of days divided by 365) on the initial principal amount of the Original Euro Issuer Shares from the Issue Date to the relevant Payment Date.
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Examples of Incentive Fee Threshold in a sentence

  • For illustrative purposes only, if the Incentive Fee Threshold is $100,000.00 for 200 revenue spaces, and 100 revenue Expansion Spaces will be added, the Incentive Fee Threshold will be increased by $50,000.00, which is the product of $100,000 divided by 200 revenue spaces, which equals $500.00 per space, then multiplied by 100 spaces ($100,000.00÷200=$500, then $500×100=$50,000.00).

  • Manager must submit a cost proposal based upon the Proposed Management Fee and Incentive Fee Threshold and Percentage of Annual Net Revenues exceeding the Incentive Fee Threshold to Metra as required in Exhibit E.

  • The Incentive Fee Threshold shall be prorated for any partial year.

  • Incentive Portfolio Management FeeThe fee payable to the Portfolio Manager in arrear, such fee being payable on any Payment Date out of Interest Proceeds where the Incentive Fee Threshold for such Payment Date has been reached on such Payment Date, and payment of such fee being equal to the sum of 20 per cent.

  • The estimated costs of operating the relevant Grovelot will include an allocation of overhead costs incurred by TSL that will not exceed $50 per Grovelot, indexed; and · an incentive (performance) fee of 27.5% of the annual Net Proceeds received by the Grower in excess of the Incentive Fee Threshold is payable prior to any distribution of Net Proceeds received by a Grower in each Financial Year.

  • Calculation of the monthly Incentive Fee payment shall be based on an annualized Incentive Fee Threshold and the monthly Parking Revenues and monthly Allowable Expenses of the preceding month.

  • A corollary is that changes in the wage do not change welfare in equilibrium, even though they change consumption levels.wage inequality decreases aggregate leisure.

  • Bezüglich der bei Überschreitung der Incentive Fee Threshold an den CLO-Manager fließenden Zahlungen sind zwei typische Formen zu beobachten: Entweder wird dem Manager ein bestimmter Anteil der bei Erreichung der Mindestren- dite überschüssigen Zahlungen gewährt, die sonst an die Investoren der Equity Tranche fließen würden, oder er erhält eine jährliche Zahlung, die als Prozentsatz des Nominalwerts des Asset Pools definiert wird.

  • See “Description of the Investment Management Agreement – Fees”.The fee is an amount payable to the Investment Manager (unless the Investment Manager is ICM, ICG or an Affiliate thereof) on each Payment Date, in the event that the Incentive Fee Threshold is satisfied on the related Determination Date, equal to 20.0 per cent.

  • I am glad that this business is in the hands of God, because He is wiser than I am.

Related to Incentive Fee Threshold

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Threshold means with respect to Party B: infinity.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.