Applicable Fee Waiver Clause Samples
The Applicable Fee Waiver clause defines the circumstances under which certain fees, otherwise required under the agreement, are reduced or eliminated. Typically, this clause specifies which fees are eligible for waiver, the conditions that must be met for the waiver to apply—such as timely payment, volume thresholds, or promotional periods—and any limitations or exceptions. Its core practical function is to provide financial relief or incentives to one party, often to encourage desired behaviors or to address specific situations, thereby making the agreement more flexible and attractive.
Applicable Fee Waiver. The management fee charged by the Investment Manager will be reduced by 0.20% for each Fund.
Applicable Fee Waiver. With respect to the Fund’s assets that are invested in affiliated underlying funds (each, an “Underlying Fund”), the Adviser shall reduce or waive the Fund’s investment advisory fee with respect to those assets by such amount as necessary to limit the sum of the Fund’s investment advisory fee rate together with the Underlying Fund’s investment advisory fee rate to the greater of 1.00% or the investment advisory fee rate of the Underlying Fund.
Applicable Fee Waiver. The investment advisory fee charged the Fund by the Investment Adviser will be reduced to the extent necessary to maintain a minimum Fund yield of 0.01%. In the event the full amount of the investment advisory fee is waived and the Fund yield decreases below 0.01%, the Investment Adviser is not responsible for reimbursement of other Fund expenses to support the Fund’s yield.
Applicable Fee Waiver. The Management fee charged by the Investment will be reduced by 0.05% for each Fund
Applicable Fee Waiver. The investment advisory fee charged by the Investment Adviser will be reduced by 10 basis points for the Fund.