Assets Under Management. Each quarter, W&R shall calculate and pay to Company a fee that shall be equal to fifty (50) 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 Paragraph (b) 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 Ivy Funds VIP relating to the Aggregated Assets.
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. 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. (a) The aggregate dollar amount of assets under management by the Company or any of its Subsidiaries as of the Base Date is accurately set forth on Schedule 5.21. Set forth on Schedule 5.21(a)(i) is a list as of the Base Date of all Advisory Contracts, setting forth with respect to each such Advisory Contract as of the Base Date:
(i) the name of the Advisory Client or Fund under such Advisory Contract, indicating any such Advisory Client that is (A) the Company, a Subsidiary of the Company, a Seller or an Immediate Family Member of any Seller, (B) an Affiliate of the Company, any of the Sellers or an Immediate Family Member of any Seller, (C) a director, officer or employee of any of the foregoing, or (D) a trust or collective investment vehicle in which any of the foregoing is a holder of a beneficial interest (any of the foregoing Advisory Clients described in clauses (A)-(D), a “Related Advisory Client”);
(ii) the amount of assets under management of the Company pursuant to such Advisory Contract at the Base Date and any amounts thereof not subject to fees and carried interests;
(iii) (A) the fee payable with respect to such Advisory Contract (including the fees payable by each share class in each Fund) and (B) any other fees payable by the Advisory Client or Fund in connection with Investment Management Services provided by the Company and its Subsidiaries other than pursuant to such Advisory Contract, and (C) any fees or other payments required to be paid by the Company and its Subsidiaries, as applicable, to third parties in connection with such Advisory Contract and/or the relationship with such Advisory Client; and
(iv) if applicable, any limitation, waiver, cap or restriction on the amount payable pursuant to such Advisory Contract (including without limitation pursuant to any Contracts pursuant to which the Company, any Subsidiary of the Company or any of the Sellers has undertaken or agreed to cap, waive, offset, reimburse or otherwise reduce fees or charges payable under such Advisory Contract or by or with respect to the Advisory Client or Fund Client party thereto, as applicable), or changes in the amount of assets under management pursuant to such Advisory Contract as a result of deposits or withdrawals made by the applicable Advisory Client or Fund Client (or, in the case of any Advisory Clients that are collective investment vehicles, deposits or withdrawals made in such Advisory Client), in each case from the Base Date to the Closing Date...
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. 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 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. 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 and each guideline, exhibit, schedule or letter agreement in connection therewith. Since December 31, 1994, except as is set forth on Schedule 2.8 hereto, 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. The Company will not permit the Assets Under Management at any time to be less than $20,000,000,000.
Assets Under Management. (a) Schedule 4.15(a) sets forth for each Company Fund, as of June 23, 2017, the aggregate of the Market Values for the assets owned by each Company Fund, which Market Values were prepared in accordance with GAAP, consistently applied, and the Organizational Documents of the applicable Company Fund.
(b) Schedule 4.15(b) sets forth a true, correct, and complete list of all material Contracts relating to or affecting each Company Fund that provides for or that otherwise has the effect of establishing rights under, or altering or supplementing the terms of any Indenture, Collateral Management Agreement or Fund Documentation of such Company Fund (the “Side Letters”), reflecting all amendments, modifications and supplements thereto. True, correct, and complete copies of each Side Letter have been made available to Buyer prior to the Closing Date. To the Knowledge of the Company, each of the Side Letters is a valid and binding obligation of the parties thereto, except as enforcement may be limited by the Bankruptcy and Equity Exception. To the Knowledge of the Company, no Company Fund or any other party thereto: (i) has terminated, canceled or substantially modified, or threatened to terminate, cancel or substantially modify, any Side Letter (except for modifications disclosed in Schedule 4.15(b)) or (ii) is in default in any material respect under any Side Letter. To the Knowledge of the Company, no Company Fund has received any written notice of any default under any Side Letter that remains outstanding or unresolved.
(c) To the Knowledge of the Company, all Contracts of each Company Fund are valid and binding on the applicable Company Fund and in full force and effect, and are enforceable against the Company Fund and each other party thereto in accordance with its terms except as may be limited by the Bankruptcy and Equity Exception. To the Knowledge of the Company, there are no existing material defaults of a Company Fund or any other party thereto under any Contract of a Company Fund. To the Knowledge of the Company, all Contracts of each Company Fund have been performed by the applicable Company Fund in accordance with their terms and applicable Law in all material respects. The Company has not received written notice from any party of any default of any Company Fund with respect to any Contract of a Company Fund, or of such party’s intent to cancel or terminate any Contract of a Company Fund.
(d) Except as disclosed on Schedule 4.15(d), no investor in any ...
