Examples of Partnership Management Fee in a sentence
For services to be performed under this Agreement, the Partnership shall pay Wichita GP, solely from Net Cash Flow as provided in Section 9.1(a)(v) of the Partnership Agreement an incentive partnership management fee (the "Incentive Partnership Management Fee").
In no event shall the Incentive Partnership Management Fee for any Fiscal Year exceed $100,000.00 per annum, and the Incentive Partnership Management Fee shall not be cumulative.
In no event shall the Incentive Partnership Management Fee exceed $100,000.00 per year.
The Incentive Partnership Management Fee shall only be payable pursuant to Section 9.1 of this Agreement and shall not be cumulative.
No annual escalations are permitted, and unpaid Partnership Management Fee cannot be accrued.