Common use of American Beacon Funds Clause in Contracts

American Beacon Funds. As compensation pursuant to Paragraph 7 of the Management Agreement for services rendered pursuant to such Agreement (other than the securities lending services set forth in Paragraph 2(b) of the Agreement, the American Beacon Funds shall pay to the Manager a fee, computed daily and paid monthly, at the following annual rates as a percentage of each Fund’s average daily net assets plus (with respect to those Funds listed in subsection (1) immediately below) all fees payable by the Manager with respect to such Funds pursuant to agreements entered into with Subadvisers pursuant to Paragraph 2(f) of the Management Agreement:

Appears in 8 contracts

Samples: Management Agreement (American Beacon Funds), Management Agreement (American Beacon Funds), Management Agreement (American Beacon Funds)

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