Deferred Asset Management Fees definition

Deferred Asset Management Fees shall have the meaning ascribed to such term in the Company LLC Agreement.
Deferred Asset Management Fees shall have the meaning set forth in Section 8.03(iv).
Deferred Asset Management Fees has the meaning set forth in the definition of Permitted Asset Management Fees.

Examples of Deferred Asset Management Fees in a sentence

  • For the calendar quarter ended [DATE], the total amount of Deferred Asset Management Fees is $ .

  • For each calendar quarter, the Corporation, the Operating Partnership and the Advisor shall execute a written acknowledgement substantially in the form attached hereto as Exhibit B specifying, with respect to such quarter, the dollar amount of (i) Deferred Asset Management Fees, (ii) Expense Support Payments, (iii) reimbursement payments to be made by the Corporation to the Advisor, and (iv) Reimbursable Amounts expiring in accordance with Section 4(a) hereof.

  • For the calendar quarter ended [DATE], the Advisor hereby agrees, solely with respect to such calendar quarter, to make Expense Support Payments in an amount equal to (i) the CDFFO Shortfall for such quarter, less (ii) the amount of Deferred Asset Management Fees for such quarter.

  • To the extent the Bonus Retention Fund is not fully paid out to employees as set forth above, the residual amount will be deemed additional Deferred Asset Management Fees and be treated in accordance with Section 8.03 (iv).

  • As of September 30, 2022, Deferred Asset Management Fees totaled approximately $8.5 million.

  • Any amount of Asset Management Fee deferred pursuant to this Section 2 shall be referred to hereinafter as a “Deferred Asset Management Fee.” All Deferred Asset Management Fees shall be subject to conditional reimbursement in accordance with the terms of Section 4 of this Agreement.

  • The Company remains obligated to pay the Advisor outstanding Deferred Asset Management Fees in any month to the extent that MFFO for such month exceeds the amount of distributions declared for the record dates of that month (such excess amount, an “MFFO Surplus”); provided however, that any amount of outstanding Deferred Asset Management Fees in excess of the MFFO Surplus will continue to be deferred in accordance with this Section 8.03(iv).

  • For the avoidance of doubt, if this Agreement is terminated, all unpaid Deferred Asset Management Fees will automatically be forfeited by the Advisor, and if this Agreement is terminated for Cause, any residual amount of the Bonus Retention Fund deemed to be additional Deferred Asset Management Fees pursuant to Section 8.03(iii) will also automatically be forfeited by the Advisor.

  • If the Company’s Distribution Payout Ratio is less than 100%, the excess MFFO will be used to repay any previously Deferred Asset Management Fees.

  • Any amount of Asset Management Fee deferred pursuant to this Section 2 or Section 2 of the Original Expense Support Agreement shall be referred to hereinafter as a “Deferred Asset Management Fee.” All Deferred Asset Management Fees shall be subject to conditional reimbursement in accordance with the terms of Section 4 of this Agreement.

Related to Deferred Asset Management Fees

  • Asset Management Fee shall have the meaning set forth in Section 8.03.

  • Management Fees means any amounts payable by the Company or any Restricted Subsidiary in respect of management or similar services.

  • Investment Management Fee means the fee defined in the section entitled

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Collateral Management Fee The fee payable to the Collateral Manager in arrears on each Payment Date pursuant to Section 8(a) of the Collateral Management Agreement and Section 11.1 hereof, comprised of (x) the Base Management Fee and (y) the Subordinated Management Fee.