Examples of Subordinated Investment Management Fee in a sentence
Applying for a Consular Report of Birth Abroad of a U.S. Citizen To apply for a Consular Report of Birth Abroad, at least one parent/guardian and the child must appear at the U.S. Embassy.
In addition, the Investment Manager may, in its discretion, elect to defer any amount of the Senior Investment Management Fee and/or the Subordinated Investment Management Fee and/or the Incentive Investment Management Fee.
Deferral of Investment Management FeesIf amounts distributable on any Payment Date in accordance with the Priorities of Payment are insufficient to pay the Senior Investment Management Fee and/or the Subordinated Investment Management Fee and/or the Incentive Investment Management Fee in full, then a portion of the fee equal to the shortfall will be deferred and will be payable on subsequent Payment Dates on which funds are available but subject to and in accordance with the Priorities of Payment.
Redirection of funds to reinvestment The Investment Manager may, pursuant to the Priorities of Payment, apply, by either deferring or designating for reinvestment in Collateral Debt Obligations, all or a portion of the Senior Investment Management Fee or the Subordinated Investment Management Fee in each case that would otherwise have been payable to it.
In both cases our experience of developing business cases demonstrate that for these types of schemes to work there is a need for around 20 properties to be connected.