Incentive Management Fee
ORGANIZATIONthe Interest Priority of Payments on any Payment Date
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ncentive Management Fee IRR Threshold has been met; (I) to the payment to the Collateral Manager of 20% of the remaining Principal Proceeds as an Incentive Management Fee; and (J) the remainder to the Holders of Income Notes. (b) If on any Payment Date the amount available in the Payment Account is insufficient to
ng on such Payment Date or would fail as a result of such application of the Principal Proceeds on such Payment Date. All payments made pursuant to the Interest Priority of Payments on any Payment Date will be deemed to be made prior to all payments, if any, to be made on such Payment Date pursuant to the Principal Priority of Payments. Payments w
Incentive Management Fee IRR Threshold has been met: 9. to the payment to the Collateral Manager of 20% of the remaining Principal Proceeds as an Incentive Management Fee: and 10. the remainder to the Holders of Income Notes. Except as otherwise stated, determinations to be made within the Priority of Payments will
made giving effect to the payment of all amounts to be paid prior to the clause that requires the determination. and all payments made pursuant to the Interest Priority of Payments on any Payment Date will be deemed to be made prior to all payments, if any, to be made on such Payment Date pursuant to the Principal Priority of Payments. Payments wi
to pay all administrative and other fees and expenses payable under the Priority of Payments and ranking senior to the Income Notes (other than any Incentive Management Fee) (collectively, the "Minimum Redemption Amount"). If in the Collateral Manager's reasonable determination such proceeds of sale and all other funds
ng on such Payment Date or would fail as a result of such application of the Principal Proceeds on such Payment Date. All payments made pursuant to the Interest Priority of Payments on any Payment Date will be deemed to be made prior to all payments, if any, to be made on such Payment Date pursuant to the Principal Priority of Payments. Payments w
Entities connected to both Incentive Management Fee and the Interest Priority of Payments on any Payment Date