Payment of Additional Compensation. The Adviser agrees to pay an Incentive Fee to each Underwriter in the amount set forth opposite the name of such Underwriter on Schedule B hereof, computed in accordance with the formulas set forth in Schedule A hereto. The compensation payable hereunder shall be paid on or before June [β], 2012, by wire transfer of immediately available funds to the bank account designated by each Underwriter.
Appears in 1 contract
Sources: Incentive Fee Agreement (Salient Midstream & MLP Fund)
Payment of Additional Compensation. The Adviser agrees to pay an Incentive Fee Additional Compensation to each Underwriter in the amount set forth opposite the name of such Underwriter on Schedule B hereof, computed in accordance with the formulas set forth in Schedule A hereto. The compensation payable hereunder shall be paid on or before June [β], 2012, the Closing Date by wire transfer of immediately available funds to the bank account designated by each Underwriter.
Appears in 1 contract
Sources: Additional Compensation Agreement (Salient MLP & Energy Infrastructure Fund)