Performance Fees definition

Performance Fees means incentive or performance fees earned from achieving target investment returns in an Investment Vehicle.

Performance Fees means the fees paid to the Investment Manager as defined under 9.2 below. “Prospectus” means this prospectus of the Fund as amended from time to time.

Performance Fees means ownership interests or contractual rights representing the right to receive compensation dependent on investment performance or results and payments or distributions made or owed to a Covered Subsidiary in respect thereof.

Examples of Performance Fees in a sentence

• Dated as of November 30, 2012 not be included in Net Asset Value for purposes of calculating the Performance Fees as agreed upon between the Sponsor and the Trading Advisor.

• No later than the second Business Day following the receipt by Purchasers of the Monthly Servicing Oversight Report for a calendar month, Holdings will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Holdings to Seller for the related calendar month, along with a report showing in reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees.

• No later than the second Business Day following the receipt by Purchaser of the Monthly Servicing Oversight Report for a calendar month, Purchaser will remit to Seller in immediately available funds the Seller Monthly Servicing Fee and Performance Fees payable by Purchaser to Seller for the related calendar month, along with a report showing in reasonable detail the calculation of such Seller Monthly Servicing Fees and Performance Fees.

• This adjustment removes from expenses the compensation and benefit amounts related to Blackstone’s profit sharing plans related to Performance Fees.

• This adjustment removes from expenses the compensation and benefit amounts related to Blackstone’s profit sharing plans related to Performance Fees and Allocations.

More Definitions of Performance Fees

Performance Fees means any incentive fees, promotes and/or other performance-based fees;

Performance Fees in the context of a fund, means payment made to an investment manager for generating positive returns for the fund. Performance fee can be calculated based on the increase in net asset value above the high watermark of, or the distributable proceeds of, the relevant fund. Carried interest, which generally represents a share of the relevant fund’s profits that serve as compensation for investment managers, is a type of performance fees

Performance Fees means the Performance Component of the Advisory Fee described in Section 9(a) of that certain Fourth Amended and Restated Advisory Agreement, dated as of June 30, 2017 and effective as of July 1, 2017, among the Advisor, the Borrower and the Trust.

Performance Fees means the fees paid by the relevant Shareholders to the Management Company

Performance Fees means an annual performance fee payable by each of the Funds. See “Fees and Expenses - Performance Fees”;

Performance Fees has the meaning set forth in the Investment Advisory Agreement.

Performance Fees means all performance-based fees (net of any applicable fee waivers, reimbursements or distribution or servicing fees payable by the Company or SAMI to third parties), excluding any fulcrum fees or other management fees that vary based on historical performance, earned for financial reporting purposes by the Company from Clients and Funds in respect of the applicable period and not refunded by the Company to the applicable Client or Fund, respectively.