Assets Under Management Clause Samples

Assets Under Management. Each quarter, W&R shall calculate and pay to Company a fee that shall be equal to twenty-five (25) basis points on an annualized basis, of the average daily account value of all Aggregated Assets.

Assets Under Management. Each quarter, W&R shall calculate and pay to GWFS a fee that shall be equal to twenty-five (25) basis points on an annualized basis, of the average daily account value of all assets in the Portfolios in connection with the Contracts (“Aggregated Assets”) provided, however, that the fee is subject to change pursuant to the Paragraph (c) below. The fee paid pursuant to this Paragraph (a) shall be paid from the Rule 12b-1 plan adopted by Ivy Funds VIP, subject to Paragraph (c) below.

Assets Under Management. The aggregate assets under management in the Institutional Business as of December 31, 1994 and March 31, 1995, are accurately described on Schedule 2.8 hereto. In addition, set forth on Schedule 2.8 is a list as of March 31, 1995, of all investment management, advisory or sub-advisory contracts constituting the Institutional Business, setting forth the name of the client under each such contract, the amount of assets under management with respect to each such contract, the fee schedule in effect with respect to each such contract as of each such date (the "Fee Schedule") and each guideline, exhibit, schedule or letter agreement in connection therewith. Since December 31, 1994, no client of the Institutional Business has given any indication of its intent to terminate or reduce its investment relationship with Mesirow Asset Management or, after the Asset Transfers and the Closing, the Partnership, or adjust the Fee Schedule with respect to any contract in a manner which would reduce the fee to Mesirow Asset Management or the Partnership, as applicable.

Assets Under Management. Permit Assets Under Management at any time to be less than the sum of (i) $35,500,000,000.00 plus (ii) 75% of all New Management Fee Assets.

Assets Under Management. The Borrower shall not permit the AUM of the Credit Parties and their consolidated Subsidiaries as reported on the Compliance Certificate and Reconciliation Statement, as of the last day of any Fiscal Quarter to be less than $20,000,000,000.

Assets Under Management. (a) Set forth in Schedule 4.22(a) of the Disclosure Schedules are: (i) the aggregate dollar amount of Assets Under Management by the Company as of the Base Date; and (ii) the aggregate Base Revenue Run-Rate for those Advisory Contracts listed on Schedule 4.22(b) of the Disclosure Schedules. (b) Set forth in Schedule 4.22(b) of the Disclosure Schedules is a list as of the Base Date of all Advisory Contracts, setting forth with respect to each such Advisory Contract: (i) The name of the Client under such Advisory Contract, indicating whether such Client is a Private Fund or the Registered Fund; (ii) The amount of Assets Under Management by the Company pursuant to such Advisory Contract; (iii) (A) The fee schedule in effect with respect to such Advisory Contract; (B) any other fees payable by the Client in connection with Investment Management Services provided by the Company other than pursuant to such Advisory Contract; and (C) any fees or other payments required to be paid as of the Base Date by the Company to the Sellers or the Beneficial Owners, any Company Employee, or any of their respective Affiliates in connection with such Advisory Contract and/or the relationship with such Client; (iv) Any fee changes under such Advisory Contract, or changes in the amount of Assets Under Management pursuant to such Advisory Contract as a result of deposits in, or withdrawals from, a Client by Investors therein, in each case, from the Base Date to the Effective Date; (v) Any pending withdrawals or redemptions of, or subscriptions or contributions for, interests of a Fund, or notices received by the Company that an Investor intends 47 to withdraw or redeem, or subscribe or contribute for, interests of a Fund, pursuant to such Advisory Contract; (vi) With respect to each of the Private Funds, (A) the jurisdiction of organization or formation; (B) the investment adviser; (C) the General Partner; (D) the aggregate capital commitments to such Private Fund as of the end of the most recently completed calendar month preceding the Effective Date, including the amount of capital commitments by the Company; (E) the aggregate amount of capital contributions made by the Investors to such Private Fund as of the most recently completed calendar month preceding the Effective Date; (F) the basis for exception from the definition of investment company under the Investment Company Act or exemption from the registration requirements of the Investment Company Act and applicable non- U....

Assets Under Management. Each quarter, W&R shall calculate and pay to Company a fee that shall be equal to forty-five (45) basis points, on an annualized basis, of the average daily account value of the Aggregated Assets (including any seed money provided by Company or any of its affiliates), provided, however, that the fee is subject to change pursuant to Paragraphs (c) and (d) below. The fee (the "Total Fee") shall include and not be in addition to the payment by W&R of the 12b-1 fees received by W&R from the Funds relating to the Aggregated Assets. W&R may, at its option, pay any portion of the Total Fee due which is attributable to 12b-1 fees to the underwriter of the Contracts

Assets Under Management. The aggregate net assets under management by MMA ("Aggregate Net Assets") and the aggregate management fees net of discounts, rebates, fee reimbursements and waivers collected by MMA ("Net Management Fees") for the periods ended December 31, 1998 and June 30, 1999, are accurately set forth in Schedule 3.10. Set forth in -------------- Schedule 3.10 is a list as of December 31, 1998, June 30, 1999 and September 30, ------------- 1999, of all investment advisory agreements, administrative services agreements and other service agreements, if any, to which MMA, RTS or a Subsidiary was a party as of those dates (collectively, "Mutual Fund Agreements") setting forth the name of the client under each such contract, the aggregate net assets subject to each such contract, the fee schedule in effect with respect to each such contract (and with respect to the list as of September 30, 1999, any material adjustments to the effective fees made since June 30, 1999 (it being understood and agreed that adjustments in excess of the lesser of 10% of the effective fees or $100,000 are material)), the consent required for the assignment by MMA, RTS or a Subsidiary of each such contract other than those that by their express terms terminate upon assignment (which are so identified). Except as set forth in Schedule 3.10 and expressly described thereon, there are ------------- no contracts, arrangements or understandings pursuant to which MMA, RTS or a Subsidiary has undertaken or agreed to limit, waive or reimburse any or all fees or charges payable by any of the clients set forth in Schedule 3.10 or pursuant to any of the contracts set forth in Schedule 3.10. Except as is set forth in ------------- Schedule 3.10, as of the date hereof, no client of MMA, RTS or a Subsidiary has ------------- provided any written notice to terminate or reduce its relationship with MMA, RTS or a Subsidiary or adjust the fee schedule with respect to any contract in a manner which would reduce the fee to MMA, RTS or a Subsidiary.

Assets Under Management within 45 days after the end of each fiscal quarter of the Borrowers a schedule of the Assets Under Management on the last day of such quarter, substantially in the form of Exhibit C;