A PERCENTAGE OF DAILY NET ASSETS Sample Clauses

A PERCENTAGE OF DAILY NET ASSETS. MainStay Candriam Emerging Markets Debt Fund 0.70% on assets up to $500 million; and 0.65% on assets over $500 million MainStay Income Builder Fund 0.64% on assets up to $500 million; 0.60% on assets from $500 million to $1 billion; 0.575% on assets from $1 billion to $5 billion; and 0.565% on assets over $5 billion MainStay MacKay Convertible Fund 0.60% on assets up to $500 million; 0.55% on assets from $500 million to $1 billion; 0.50% on assets over $1 billion to $2 billion; and 0.49% on assets over $2 billion MainStay MacKay High Yield Corporate Bond Fund 0.60% on assets up to $500 million; 0.55% on assets from $500 million to $5 billion; 0.525% on assets from $5 billion to $7 billion; 0.50% on assets from $7 billion to $10 billion; 0.49% on assets from $10 billion to $15 billion; and 0.48% on assets over $15 billion MainStay MacKay International Equity Fund 0.89% on assets up to $500 million; and0.85% on assets over $500 million MainStay MacKay Strategic Bond Fund 0.60% on assets up to $500 million;0.55% on assets from $500 million to $1 billion; 0.50% on assets from $1 billion to $5 billion; and0.475% on assets over $5 billion MainStay MacKay Tax Free Bond Fund 0.45% on assets up to $500 million;0.425% on assets from $500 million to $1 billion; 0.40% on assets from $1 billion to $5 billion; 0.39% on assets $5 billion and $7 billion; and 0.38% on assets over $7 billion MainStay MacKay U.S. Infrastructure Bond Fund 0.50% on assets up to $500 million; 0.475% on assets from $500 million to $1 billion; and 0.45% on assets over $1 billion MainStay MAP Equity Fund 0.75% on assets up to $1 billion; and 0.70% on assets from $1 billion to $3 billion; and0.675% on assets over $3 billion MainStay Money Market Fund 0.40% on assets up to $500 million; 0.35% on assets from $500 million up to $1 billion; and 0.30% on assets over $1 billion MainStay WMC Enduring Capital Fund 0.55% on assets up to $500 million; 0.525% on assets from $500 million to $1 billion; and 0.50% on assets over $1 billion FUND ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS MainStay Xxxxxxx Large Cap Growth Fund 0.75% on assets up to $500 million; 0.725% on assets from $500 million to $750 million; 0.71% on assets from $750 million to $1 billion; 0.70% on assets from $1 billion to $2 billion; 0.66% on assets from $2 billion to $3 billion; 0.61% on assets from $3 billion to $7 billion;0.585% on assets from $7 billion to $9 billion; and0.575% on assets over $9 billion In addition, each Fund of th...
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A PERCENTAGE OF DAILY NET ASSETS. MAINSTAY HIGH YIELD OPPORTUNITIES FUND 0.800% on all assets MAINSTAY ICAP EQUITY FUND 0.800% UP TO $5 BILLION; AND 0.775% IN EXCESS OF $5 BILLION MAINSTAY ICAP INTERNATIONAL FUND 0.800% UP TO $5 BILLION; AND 0.775% IN EXCESS OF $5 BILLION MAINSTAY ICAP GLOBAL FUND 0.80% ON ALL ASSETS MAINSTAY ICAP SELECT EQUITY FUND 0.800% UP TO $5 BILLION; AND 0.775% IN EXCESS OF $5 BILLION MAINSTAY INDEXED BOND FUND 0.250% up to $1 billion; and 0.200% in excess of $1 billion MAINSTAY INTERMEDIATE TERM BOND FUND 0.600% up to $500 million; and 0.575% from $500 million to $1 billion; and 0.550% in excess of $1 billion MAINSTAY INTERNATIONAL OPPORTUNITIES FUND 1.100% MAINSTAY MARKETFIELD FUND 1.40% on all assets MAINSTAY MODERATE ALLOCATION FUND 0.000%* MAINSTAY MODERATE GROWTH ALLOCATION FUND 0.000%* MAINSTAY NEW YORK TAX FREE OPPORTUNITIES FUND 0.50% on all assets MAINSTAY RETIREMENT 2010 FUND 0.10% MAINSTAY RETIREMENT 2020 FUND 0.10% MAINSTAY RETIREMENT 2030 FUND 0.10% MAINSTAY RETIREMENT 2040 FUND 0.10% FUND ANNUAL RATE AS A PERCENTAGE OF DAILY NET ASSETS MAINSTAY RETIREMENT 2050 FUND 0.10% MAINSTAY SHORT DURATION HIGH YIELD FUND 0.65% on all assets MAINSTAY SHORT TERM BOND FUND 0.600% up to $500 million; and 0.575% in excess of $500 million MAINSTAY S&P 500 INDEX FUND 0.250% up to $1 billion; 0.225% from $1 billion to $2 billion; 0.215% from $2 billion to $3 billion; and 0.200% in excess of $3 billion MAINSTAY U.S. EQUITY OPPORTUNITIES FUND 1.000% MAINSTAY U.S. SMALL CAP FUND 0.850% UP TO $1 BILLION; AND 0.800% IN EXCESS OF $1 BILLION * The Manager will receive no fee from the Fund, although the parties acknowledge that theManager or its affiliates shall receive compensation from other registered investment companies, including other series of the Company, in connection with assets of the Fund that are invested in such investment companies.
Sample 1
A PERCENTAGE OF DAILY NET ASSETS. MainStay WMC Enduring Capital Fund 0.55% on assets up to $500 million; 0.525% on assets from $500 million to $1 billion; and 0.50% on assets over $1 billion MainStay WMC Value Fund 0.66% on assets up to $1 billion; and 0.64% on assets from $1 billion to $3 billion; and0.62% on assets over $3 billion MainStay Xxxxxxx Large Cap Growth Fund 0.75% on assets up to $500 million; 0.725% on assets from $500 million to $750 million; 0.71% on assets from $750 million to $1 billion; 0.70% on assets from $1 billion to $2 billion; 0.66% on assets from $2 billion to $3 billion; 0.61% on assets from $3 billion to $7 billion;0.585% on assets from $7 billion to $9 billion; and0.575% on assets over $9 billion In addition, each Fund of the Trust, except, MainStay Candriam Emerging Markets Debt Fund, MainStay MacKay Convertible Fund, MainStay MacKay Strategic Bond Fund, MainStay MacKay U.S. Infrastructure Bond Fund, MainStay Money Market Fund, MainStay WMC Enduring Capital Fund, MainStay WMC Value Fund and MainStay Xxxxxxx Large Cap Growth Fund shall pay the Manager the fee set forth below. In the event this Agreement is in effect for only a portion of any one year, the fee payable below shall be reduced proportionately on the basis of the number of business days (any day on which the New York Stock Exchange is open for trading) during which the Agreement was in effect for that year.
Sample 1

Related to A PERCENTAGE OF DAILY NET ASSETS

  • Aggregate Net Assets For each Lifecycle Portfolio, Aggregate Net Assets include the net assets of all the JHF II Lifecycle Portfolios and the net assets of all the JHT Lifecycle Trusts. The JHT Lifecycle Trusts are: the Lifecycle 2010 Trust, Lifecycle 2015 Trust, Lifecycle 2020 Trust, Lifecycle 2025 Trust, Lifecycle 2030 Trust, Lifecycle 2035 Trust, Lifecycle 2040 Trust, Lifecycle 2045 Trust and Lifecycle 2050 Trust. Lifestyle Portfolios Rates Applied to Aggregate Net Assets of the Fund of Funds (1) Fund of Funds Affiliated Fund Assets Other Assets First $7.5 billion Excess Over $7.5 billion First $7.5 billion Excess Over $7.5 billion Each Lifestyle Portfolio 0.050% 0.040% 0.500% 0.490%

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Interest Rates and Letter of Credit Fee Rates Payments and Calculations (a) Interest Rates. Except as provided in Section 2.13(c) and Section 2.15(a), all Obligations (except for the undrawn portion of the face amount of Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal to the lesser of (i) the LIBOR Rate plus the Applicable Margin, or (ii) the maximum rate of interest allowed by applicable laws; provided, that following notice to Borrower in accordance with Section 2.15(a) hereof, all Obligations that have been charged to the Loan Account pursuant to the terms hereof shall bear interest at a per annum rate equal, during the duration of the circumstances described in Section 2.15(a), to the lesser of (A) the Base Rate plus the Applicable Margin as calculated pursuant to Section 2.15(a) or (B) the maximum rate of interest allowable by applicable laws.

  • Original Class A Percentage The Original Class A Percentage is 96.79331905%.

  • CALCULATION OF NET ASSET VALUE U.S. Trust will calculate the Fund's daily net asset value and the daily per-share net asset value in accordance with the Fund's effective Registration Statement on Form N-2 (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"), including its current prospectus. If so directed, U.S. Trust shall also calculate daily the net income of the Fund

  • Net Asset Value The net asset value of each outstanding Share of the Trust shall be determined at such time or times on such days as the Trustees may determine, in accordance with the 1940 Act. The method of determination of net asset value shall be determined by the Trustees and shall be as set forth in the Prospectus or as may otherwise be determined by the Trustees. The power and duty to make the net asset value calculations may be delegated by the Trustees and shall be as generally set forth in the Prospectus or as may otherwise be determined by the Trustees.

  • Target Net Assets The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Determination of Net Asset Value The Trustees shall cause the Net Asset Value of Shares of each Series or Class to be determined from time to time in a manner consistent with applicable laws and regulations. The Trustees may delegate the power and duty to determine Net Asset Value per Share to one or more Trustees or officers of the Trust or to a custodian, depository or other agent appointed for such purpose. The Net Asset Value of Shares shall be determined separately for each Series or Class at such times as may be prescribed by the Trustees or, in the absence of action by the Trustees, as of the close of regular trading on the New York Stock Exchange on each day for all or part of which such Exchange is open for unrestricted trading.

  • Determination of Net Asset Value, Net Income and Distributions Subject to applicable federal law including the 1940 Act and Section 3.6 hereof, the Trustees, in their sole discretion, may prescribe (and delegate to any officer of the Trust or any other Person or Persons the right and obligation to prescribe) such bases and time (including any methodology or plan) for determining the per Share or net asset value of the Shares of the Trust or any Series or Class or net income attributable to the Shares of the Trust or any Series or Class, or the declaration and payment of dividends and distributions on the Shares of the Trust or any Series or Class and the method of determining the Shareholders to whom dividends and distributions are payable, as they may deem necessary or desirable. Without limiting the generality of the foregoing, but subject to applicable federal law including the 1940 Act, any dividend or distribution may be paid in cash and/or securities or other property, and the composition of any such distribution shall be determined by the Trustees (or by any officer of the Trust or any other Person or Persons to whom such authority has been delegated by the Trustees) and may be different among Shareholders including differences among Shareholders of the same Series or Class.

  • Adjustments to Required Subordinated Percentages and Amount (a) On any date, the Issuer may, at the direction of the Beneficiary, change the Required Subordinated Percentage of Class B Notes, the Required Subordinated Percentage of Class C Notes or the Required Subordinated Percentage of Class D Notes, in each case for the Class A(2015-1) Notes, without the consent of any Noteholders; provided that the Issuer has received written confirmation from each applicable Note Rating Agency that the change in such percentage will not result in a Ratings Effect for any Tranche of Outstanding DiscoverSeries Notes.

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