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

Incentive Management Fee means an amount payable to Manager, pursuant to Section 3.01 and Section 4.01, that is equal to twenty-five percent (25%) of Available Cash Flow in any Fiscal Year (or portion thereof).

Incentive Management Fee means an amount payable to Manager, pursuant to Section 3.01 and Section 4.01, that is set forth in Schedule 1 of Available Cash Flow in any Fiscal Year (or portion thereof) after payment to Owner of Owner’s Priority.

Examples of Incentive Management Fee in a sentence

Borrower covenants and agrees that if the Borrower makes any General Partner Incentive Management Fee payments to the General Partner, any such payments paid from Residual Receipts funds shall be paid solely from Borrower’s retained Residual Receipts, pursuant to the disbursement of such Residual Receipts to the Borrower under Section 2.05(b)(1) above.
In addition to the Base Management Fee, CDT shall be enti- tled to earn an Incentive Management Fee for each full Calendar Year during the Term.
The Incentive Management Fee for a Fiscal Year shall be calculated based upon the amounts set forth in the audited Annual Financial Statement for such Fiscal Year and due and payable to Manager no later than March 15 of the succeeding Fiscal Year.
Any Base Management Fee not received by the 10th of the month, any Incentive Management Fee not received by the 15th of March following the year in which it was earned, and any other sums due under this Agreement and not paid when due (including, but not limited to reimbursement for Central- ized Services as defined in Paragraph 7(C) below and Operating expenses as described in Section I) shall be delinquent (hereafter, "Past Due Amount"), without notice or demand.
In addition to the Base Management Fee, Manager shall be paid the Incentive Management Fee, if earned, for each Fiscal Year during the Term of the Agreement.

More Definitions of Incentive Management Fee

Incentive Management Fee has the meaning set forth in Section 3.1(b).

Incentive Management Fee means, subject to and calculated in accordance with Section 5.1 of this Agreement, a fee equal to five percent (5%) of EBITDA for each Fiscal Month.

Incentive Management Fee with respect to each Year or portion thereof, an amount equal to twenty percent (20%) of Operating Profit remaining after deducting amounts paid or payable in respect of Owner’s Priority Return and Reimbursable Advances for such Year; provided that for purposes of determining the Incentive Management Fee, Operating Profit shall be determined based upon 95% of Gross Revenues.

Incentive Management Fee means any incentive or similar performance based fees payable to any Manager pursuant to a Management Agreement.

Incentive Management Fee has the meaning ascribed to such term in Section 6.1.

Incentive Management Fee has the meaning set forth in the Management Agreement.

Incentive Management Fee means for any Fiscal Year, fifty percent (50%) of the excess, if any, of Gross Revenues from all of the Hotels in excess of the applications thereof made pursuant to Sections 10.1(a) through and including 10(n).