Net Incentive Income

Example Definitions of "Net Incentive Income"
Net Incentive Income. Means, with respect to a given fiscal year, (i) all incentive income earned by the PoolCos that is derived from any Fund (other than non-evergreen Funds which held their final closings before January 1, 2003), net of (ii) all participation in such income granted to any party by Oaktree (other than participation through "Common Series Interests" in the PoolCos and the payments in respect of Net Incentive Income granted hereunder), including any such participation through "Points Series... Interests" and "Net Carry Series Interests" in the PoolCos, and (iii) as adjusted to take into account payments in respect of Net Incentive Income granted hereunder and other participations in such incentive income as determined by Oaktree consistent with past practice. View More
Found in Oaktree Capital Group, LLC contract
Net Incentive Income. Means, with respect to a given fiscal year, (i) all incentive income earned by the PoolCos that is derived from any Fund (other than non-evergreen Funds which held their final closings before January 1, 2003), net of (ii) all participation in such income granted to any party by Oaktree (other than participation through "Common 'Common Series Interests" Interests' in the PoolCos and the payments in respect of Net Incentive Income granted hereunder), including any such participation through ... class="diff-color-red">"Points 'Points Series Interests" Interests' and "Net 'Net Carry Series Interests" Interests' in the PoolCos, and (iii) as adjusted to take into account payments in respect of Net Incentive Income granted hereunder and other participations in such incentive income as determined by Oaktree consistent with past practice. PoolCos View More
Found in Oaktree Capital Group, LLC contract
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